UK 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
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‘Greedflation’ fears rise as Bank official warns firms against price hikes
Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices Business live – latest updates Businesses will need to show they are keeping a lid on prices before there can be further interest rate cuts, according to the Bank
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Two 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
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UK mortgage lending at four-year high amid rush to avoid stamp duty rise
Figures show a 290% rise in mortgage borrowing, but approvals for new home purchases fell for the third month A rush to get property purchases over the line before last month’s stamp duty rise pushed UK mortgage lending to a four-year high in March, official data shows. Bank
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Appointment of Cabinet Office Board Lead Non-Executive Board Member
New appointment to the Cabinet Office Board HM GovernmentSource
Read MoreAppointment of Cabinet Office Board Non-Executive Board Member
New appointment to the Cabinet Office Board HM GovernmentSource
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Faster cancer treatment thanks to new radiotherapy machines
Thousands of cancer patients will see faster treatment thanks to new radiotherapy machines HM GovernmentSource
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PM meeting with President Nikos Christodoulides of Cyprus: 21 May 2025
The Prime Minister hosted President Nikos Christodoulides of Cyprus for a short meeting in Downing Street during his visit to London. HM GovernmentSource
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‘It’s pretty bad’: Bank of England top official on the lack of female economics students
Deputy governor Clare Lombardelli calls for more women and people from poorer backgrounds to take key subject Economics has an image problem, says Clare Lombardelli, a deputy governor at the Bank of England. With few children from poorer backgrounds studying the subject and only a small proportion of
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Bank of England poised to cut rates as fears grow over impact of Trump tariffs
Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go further The Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.
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