Government outlines action plan to improve Oakhill STC
A new leadership team, bolstered staff training and improved safeguarding have been put in place at Oakhill Secure Training Centre, following concerns raised by inspectors last month. HM GovernmentSource
Read MoreLiz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks
Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank Business live – latest updates Donald Trump’s assault on the independence of the US Federal Reserve has been backed by Liz Truss, the shortest-serving British prime minister in history, who was ousted after a
Read MoreUK inflation rises by more than expected to 3.8% amid higher food prices
Annual July rate all but rules out possibility of a further Bank of England interest rate cut this year Rail fares in England expected to rise by 5.8% next year Business live – latest updates UK inflation rose again last month to a higher-than-expected 3.8% amid higher food
Read MoreBank of England forecast to cut interest rates amid rising unemployment and Trump tariffs
City predicts quarter-point drop to 4% when MPC meets on Thursday Bank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards amid rising unemployment and the hit to global trade from Donald Trump’s fresh round of import tariffs. City
Read MoreReeves and Starmer to prepare ground for tax rises in a difficult autumn budget
Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy The chancellor and prime minister will begin to prepare the ground for tax rises and reforms from September as part of a strategy to prepare the country for a difficult budget that could
Read MoreReeves and Starmer to roll the pitch for tax rises in a difficult autumn budget
Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy The chancellor and prime minister will begin to pitch-roll tax rises and reforms from September as part of a strategy to prepare the country for a difficult budget that could be held in
Read MoreUK 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
Read MoreUK 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
Read MoreMHRA crackdown on illegal ‘Botox’ after victims left seriously ill
More than 40 people hospitalised following suspected use of unlicensed botulinum toxin products. HM GovernmentSource
Read MoreBank 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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