Inflation data shouldn’t deter us from rate cuts, says Bank policymaker
Alan Taylor voted for a 0.5-point cut last month and feels recent economic figures are led by one-off factors Business live – latest updates A member of the Bank of England’s interest rate-setting committee has warned that higher-than-expected inflation and growth figures should not distract policymakers from continuing
Read MoreUK interest rates more uncertain due to Trump policies, says Bank governor
Andrew Bailey tells MPs pattern of trade deals and lower tariffs ‘blown up’ with serious impacts for global economy Business live – latest updates The Bank of England governor, Andrew Bailey, has told MPs that the future path of interest rates in the UK has become more uncertain
Read MoreBank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact
Andrew Bailey says Brexit was not ‘wrong’ but welcomes the UK’s efforts to reset relations with the bloc Andrew Bailey has urged the UK government to deepen ties with the EU, as he warned a breakdown in global trade would make it harder for the Bank of England
Read MoreTell 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
Read MoreBank 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
Read MoreBank’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
Read MoreRegulator disqualifies Nottingham charity trustee over inflammatory sermon
The Charity Commission has concluded its compliance case into Nottingham Islam Information Point following significant regulatory intervention – including issuing an Official Warning and imposing a 3-year disqualification. HM GovernmentSource
Read MoreUK re-establishes diplomatic relations with Syria in first Ministerial visit for 14 years
The Foreign Secretary has visited Syria to renew our diplomatic relationship, eight months on from the collapse of Assad's regime. HM GovernmentSource
Read MoreForeign Secretary reiterates UK’s ongoing support to Lebanon
British Foreign Secretary David Lammy visited Lebanon and reiterated the UK's ongoing support for Lebanon’s security, stability and future prosperity. HM GovernmentSource
Read MoreLabour 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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