Another Bank of England rate cut this year less likely given inflation fears and split vote – as it happened
Monetary Policy Committee has cut UK interest rates today, in a deeply split decision, but City pricing suggests another cut in 2025 is no longer fully priced in UK interest rate cut: what does it mean for mortgages and savings? Analysis: Bank’s base rate gift signals wage rise
Read MoreTrump tariffs kick in; Bank of England likely to cut rates – business live
Rolling coverage of the latest economic and financial news Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect Donald Trump’s plan to impose 100% tariffs on semiconductors would be “devastating” for the Philippines, an industry leader has warned today. The
Read MoreIran must take the necessary steps to address the international community’s serious concerns over its nuclear programme: Joint statement on the decision to trigger the snapback mechanism to end sanctions relief against Iran
Joint statement delivered by Ambassador Barbara Woodward, UK Permanent Representative to the UN, on behalf of France, Germany and the United Kingdom. HM GovernmentSource
Read MoreBritish businesses cheer UK-EU deal to support food trade and profits
The SPS agreement will making trading with the UK’s biggest market faster, easier and cheaper, adding up to £5.1bn a year to the UK economy. HM GovernmentSource
Read MoreStatement on the latest Russian attacks against Ukraine
This statement is supported by the UK and 26 EU Member States (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, N… HM GovernmentSource
Read MoreEnvironment Agency highlighting flash flooding in Forest of Dean
Environment Agency is leading efforts to raise awareness of flash flooding in the Forest of Dean area. HM GovernmentSource
Read MoreNew prison houseblocks to make streets safer
A Devon jail is set to almost double in size as the Government ploughs ahead with the largest prison building programme since the Victoria era. HM GovernmentSource
Read MoreBank of England poised to cut interest rates
Quarter-point reduction expected, with City investors predicting a three-way split among rate setters • Business live – latest updates The Bank of England is poised to cut interest rates on Thursday despite a growing divide between its policymakers over the dangers to the economy from high inflation and
Read MoreBank of England poised to cut interest rates on Thursday
Quarter-point reduction expected, with City investors predicting a three-way split among rate setters The Bank of England is poised to cut interest rates on Thursday despite a growing divide between its policymakers over the dangers to the economy from high inflation and rising unemployment. In a development that
Read MoreMorgan Offshore Wind Project Generation Assets development consent decision announced
The Morgan Offshore Wind Project Generation Assets application has today been granted development consent by the Department for Energy Security and Net Zero. HM GovernmentSource
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