From Midsomer to the sea: government export credit backing helps Somerset civil defence tech firm secure major marine surveillance contracts in Indonesia and Kuwait
UK Export Finance has provided support to SRT Marine Systems enabling it to secure two major international contracts worth approximately €350 million. HM GovernmentSource
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Turning the tide: government clears path for almost 100,000 homes
The New Homes Accelerator has helped to remove blockages and speed up the building of almost 100,000 homes across England. HM GovernmentSource
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UK 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
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Streamlined regulation to power growth and boost British industry
Environmental permitting for industry and energy to be modernised, as part of new plans following the landmark Corry Review HM GovernmentSource
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Bank 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
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Reeves 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
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BoE governor warns Reeves weakening banking rules risks repeat of 2008 crisis
Radical shake-up to unleash risk-taking in the name of growth would be a mistake, says Andrew Bailey Business live – latest updates The governor of the Bank of England has warned the chancellor, Rachel Reeves, against a radical watering-down of City banking rules because it would risk repeating
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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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