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 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 MoreLabour should beware Nigel Farage weaponising its part in the cost of living crisis | Richard Partington
Autumn budget must address pain of high inflation on hard-pressed UK households as food prices rise “These prices are disgusting” is the common retort from shoppers browsing the supermarket shelves. To say that the cost of everything from a pint of milk to a loaf of bread has
Read MorePlan for wind developers to pay for skilled job training
New requirement for offshore wind developers to pay for skills training in their local communities. HM GovernmentSource
Read MorePound drops after Bank of England says it could further cut interest rates if jobs market slows
‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey Business live – latest updates The pound dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows
Read MoreAll aboard for cheaper days out – the attractions you can reach with £3 buses
Families across the UK can continue to travel to dozens of popular destinations for no more than £3 for a single fare. HM GovernmentSource
Read MoreGeorge Osborne says UK has been left behind in cryptocurrency boom
Ex-chancellor criticises hesitant approach to crypto and warns country in danger of missing next surge in market Business live – latest updates The UK has been left behind in the cryptocurrency boom and is in danger of missing a second wave of demand, according to the former chancellor
Read MoreTRA proposes new anti-dumping measure on Chinese biodiesel
The TRA has published its Statement of Essential Facts in the biodiesel investigation, recommending duties to counter dumping by Chinese exporters. HM GovernmentSource
Read More






