Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil
Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live – latest updates Barclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the
Read More
‘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
Read More
UK-EU Summit
This week, the Prime Minister will strike yet another deal that will deliver in the national interest of this country. It will be good for growth, good for jobs, good for bills, and good for our borders. HM GovernmentSource
Read More
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.
Read More
Joint donor statement on humanitarian aid to Gaza
Joint statement on behalf of 26 humanitarian partners on aid to Gaza and the proposal for a new aid delivery model. HM GovernmentSource
Read More
PM remarks at business reception: 19 May 2025
Prime Minister’s remarks from the business reception in Downing Street. HM GovernmentSource
Read More
National security update
The Home Secretary updated on government action to counter state threats following the charging of three Iranian nationals under the National Security Act 2023. HM GovernmentSource
Read More
British vets could face price caps and ban on bonuses linked to pet treatments – business live
Live, rolling coverage of business, economics and financial markets as UK’s Competition and Markets Authority scrutinises veterinary industry and companies adjust to Trump tariffs Fhaheen Khan, senior economist at Make UK, a lobby group for British manufacturing, said: UK manufacturers are caught in the eye of a perfect
Read More
UK interest rate cut may not be enough to improve voters’ dim view of the government | Heather Stewart
Bank’s move appears to go against the theory that rate cuts will lead to rising inflation and higher wage demands Two trade deals and a rate cut in one week … are things looking up? The return of spring weather across much of the UK last week brought
Read More
Bank of England should promise lower interest rates and see off Nigel Farage | Phillip Inman
Rate-setters would fuel growth by clarifying policy and bringing rates low enough to boost growth How can the Bank of England avoid being a loyal and trusted friend to Nigel Farage? That’s easy. It could say the cost of borrowing will tumble over the next year, step by
Read More