Reeves 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
Read MoreBoE governor warns Reeves over weakening banking rules too much
Radical watering-down would risk repeating mistakes that led to 2008 crisis, 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 the mistakes that
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Bank of England governor blocks Rachel Reeves’s Revolut meeting
Concerns about chancellor’s involvement in independent process over fintech’s banking licence The governor of the Bank of England blocked a meeting that Rachel Reeves tried to secure with watchdogs and Revolut, amid concerns the chancellor was meddling in an independent process over the fintech’s UK banking licence. Andrew
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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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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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PM call with President Zelenskyy of Ukraine: 9 August 2025
The Prime Minister spoke to President Zelenskyy of Ukraine this morning. HM GovernmentSource
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