UK services sector has biggest fall in orders for nearly three years
Figures add to pressure on Bank of England to cut interest rates when it meets on Thursday Business live – latest updates The UK’s dominant service sector has reported its biggest drop in new orders in almost three years in July, adding to pressure on the Bank of
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UK house prices rebound as market recovers from June dip
Average price of property rises 0.6% in July to £272,664, says Nationwide House prices in the UK returned to growth last month, as the market recovered from a dip in June after the end of a tax break on stamp duty. The average price of a home rose
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Over half a million children to benefit from funded childcare
The government has delivered its pledge to fund childcare for 30 hours a week – saving parents £7,500 a year per child, and putting more money in their pockets. HM GovernmentSource
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New measures to tackle fraud come into effect
New corporate criminal offence of 'failure to prevent fraud' will hold large organisations to account if they profit from fraud. HM GovernmentSource
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Cutting-edge rail ticket technology to be trialled across the Midlands and North
Passengers can sign up for digital rail ticket trials on East Midlands Rail and Northern trains. HM GovernmentSource
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MHRA crackdown on illegal ‘Botox’ after victims left seriously ill
More than 40 people hospitalised following suspected use of unlicensed botulinum toxin products. HM GovernmentSource
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Bank of England cuts interest rates as it warns food costs could push inflation to 4%
Bank’s policymakers cut base rate by quarter point to 4% amid concern about strength of UK economy • Business live – latest updates • What the rate cut means for mortgages and savings? The Bank of England has warned that soaring food prices could drive inflation to 4%
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UK interest rate cut: what does it mean for mortgages and savings?
Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit • Bank cuts interest rate for fifth time in a year• Business live – latest updates The Bank of England has cut interest rates from 4.25% to 4%. It
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Bank’s base rate gift to borrowers is wrapped in an inflation warning | Phillip Inman
In their economic outlook the rate setters see a threat from rising prices of food, energy and business services Bank of England cuts base rate to 4% What the rate cut means for borrowers and savers A reduction in interest rates by the Bank of England should rank
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Putin must, as Zelenskyy has done repeatedly, agree to a full and unconditional ceasefire immediately: UK statement at the UN Security Council
Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council meeting on Ukraine. HM GovernmentSource
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