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
Read MoreBoE 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
Read MoreBank 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
Read MoreForging the future: Wall Colmonoy’s aerospace foundry accelerates defence innovation
Wales-based Wall Colmonoy secured Defence Technology Exploitation Programme (DTEP) funding through DASA to develop one of the UK’s most advanced commercially available vacuum casting foundries. HM GovernmentSource
Read MoreHondurans can apply to the Chevening Scholarship from August 5
Honduran students can now apply for a fully funded master’s degree in the UK through the prestigious Chevening Scholarship programme. HM GovernmentSource
Read MoreCredelio 12mg and 48mg chewable tablets for cats – SPC change
Change to the information provided on adverse events in the Summary of Product Characteristics for Credelio 12mg and 48mg chewable tablets for cats. HM GovernmentSource
Read MoreNRS transforms Harwell Campus skyline
A historic reactor complex has been demolished, creating a new skyline at Harwell site – the birthplace of pioneering nuclear research and innovation. HM GovernmentSource
Read MoreExtension of Generalist Member to the Senior Salaries Review Body
Pippa Greenslade has had her term extended as Generalist Member. HM GovernmentSource
Read MoreFirearms licensing guidance strengthened to protect the public
Tighter controls on firearms licensing will be introduced by the government to keep people safe and help the police apply the law consistently. HM GovernmentSource
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