Bank of England cuts UK interest rates to 4.25% as trade war threatens economy – business live
Bank policymakers split 5-2-2 over this month’s interest rate decision UK interest rate cut: what does it mean for mortgages and savings? Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy Trump expected to announce framework of UK trade agreement, sources say Sweden’s central
Read MoreUK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war fallout Explainer: what does it mean for mortgages and savings? Business live – latest updates Bank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the
Read MoreTwo trade deals and a rate cut in one week … are things looking up for UK plc?
Analysts say the news boosts business confidence, helps an EU trade reset and shows the UK is a good place to invest – but it’s unlikely to turbo-charge GDP You wait three years for a trade deal and then two come along at once. As of Monday, the
Read MoreFirst meeting of defence industry body to forge new partnership and industry mobilisation
Defence Secretary John Healey co-chairs the first Defence Industrial Joint Council meeting today, bringing together defence firms, trade unions and investors to forge a new partnership aimed at improving warfighting readines… HM GovernmentSource
Read MoreWoman invented business to claim Covid loan then sent money to Poland
Jagoda Rubaszko guilty of fraud after inventing a business to apply for a £50,000 Covid Bounce Back Loan which she then sent to bank accounts in Poland HM GovernmentSource
Read MorePM meeting with Secretary General of NATO Mark Rutte: 9 June 2025
The Prime Minister hosted NATO Secretary General Mark Rutte at Downing Street this afternoon. HM GovernmentSource
Read MoreAppointment of Axel Heitmueller as the PM’s Expert Adviser on Health
Axel Heitmueller has been appointed as the Prime Minister’s Expert Adviser on Health. HM GovernmentSource
Read MoreInsolvency Service appoints first dedicated crypto specialist to help recover online assets such as Bitcoin
New crypto specialist will help the agency trace rising number of digital assets held by individuals in bankruptcy and criminal cases HM GovernmentSource
Read MoreUNOCA’s role in early warning, preventive diplomacy and regional coordination is more vital than ever: UK statement at the UN Security Council
Statement by Ambassador James Kariuki, UK Deputy Permanent Representative to the UN, at the UN Security Council meeting on UNOCA. HM GovernmentSource
Read MoreFairer system for debt collection to boost protections for financially vulnerable
Government to consult on regulation of enforcement sector as well as increase protections for those facing debt enforcement action and raise fees recoverable by bailiff firms HM GovernmentSource
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