Bank of England governor warns Trump tariffs have ‘blown up’ global trade system – as it happened
Rolling coverage of the latest economic and financial news, as MPs quiz the Bank of England about interest rates, and trade wars UK will slump to 1% growth next year as Trump tariffs bite, says OECD US firms say Trump trade war is hitting production as dollar nears
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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
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UK 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
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Bank 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
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Thousands more to get the tools they need to start construction careers
Thousands of people are set to benefit from on-the-job training and career opportunities in the construction sector. HM GovernmentSource
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On track and online: landmark deal to end mobile dead zones
Project Reach deal signed to boost connectivity and remove mobile signal blackspots on the rail network. HM GovernmentSource
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Environment Agency launches clean-up operation at Hoad’s Wood
Waste management experts drive first batches of harmful material away from nationally significant nature site HM GovernmentSource
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Veterans in North of England set to benefit from Government’s new support network
Veterans across northern England will benefit from VALOUR, the Government’s new £50m support system giving former members of the Armed Forces greater access to tailored support. 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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New Trade Strategy to protect and boost British business
The strategy will make the UK the most connected nation in the world while protecting vital industries from global threats and backing businesses to thrive. HM GovernmentSource
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