UK inflation falls to 3.4%, complicating Bank of England’s interest rate task
Annual drop in May but policymakers still almost certain to hold rates at 4.25% on Thursday Inflation in the UK fell to 3.4% last month as shop prices declined, complicating the Bank of England’s interest rates decision on Thursday. Policymakers are still almost certain to hold interest rates
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Rachel Reeves needs wider headroom against fiscal rules, ex-Bank of England deputy says
Charlie Bean says slim margin of £10bn means chancellor ‘has to neurotically fine-tune taxes to control OBR forecast’ Business live – latest updates The former Bank of England deputy governor Charlie Bean has urged Rachel Reeves to create much wider headroom against her fiscal rules – a decision
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UK households hit by squeeze on living standards despite fastest growth in G7
ONS confirms GDP growth at 0.7% between January and March but households saving less of disposable income Business live – latest updates UK households faced a renewed cost of living squeeze in the first three months of 2025 amid increases in taxes and inflation, official figures show, despite
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AAIB Update: Preliminary report into Air India flight AI171
Update on the fatal accident which occurred in Ahmedabad, India on 12 June 2025 HM GovernmentSource
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Foreign Secretary Speech: Diplomacy in the Digital Age
Foreign Secretary David Lammy delivered a speech on diplomacy in the digital age whilst in Singapore. HM GovernmentSource
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Tell us: have your saving habits changed due to economic uncertainty?
We would like to hear from people who have started setting aside more cash UK households are increasingly setting aside physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank
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Bank of England keeps interest rates at 4.25% but hints at cuts to come
Governor says rates still on downward path but hard to predict timing of reductions in ‘highly unpredictable’ world Rate decision leaves Reeves praying for an August cut Business live – latest updates The Bank of England has left interest rates on hold at 4.25%, though it signalled further
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Bank’s rate decision leaves frustrated Reeves praying for an August cut
Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC Bank of England keeps interest rates on hold Business live – latest updates Last week’s spending review revealed Rachel Reeves’s plan for reviving the UK’s struggling
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Labour could find the money it wants without raising taxes. This is austerity by amnesia | Randeep Ramesh
Starmer and Reeves need a fresh approach to enact their vision, and I have a plan for that. They’re just channelling the ghosts of governments past This summer’s “rebuild, rebuild, rebuild” campaign by the government feels less like a policy programme than a seance. Promising renewal, Keir Starmer
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Bank of England rolls out looser mortgage rules to help first-time buyers
Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder Business live – latest updates The Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-time buyers on to the housing ladder
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