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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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
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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
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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
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Wall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened
Donald Trump has “blinked”, says analyst, at Washington and Beijing cut reciprocal tariffs by 115 percentage points, for 90 days at least China and US agree 90-day pause to trade war initiated by Donald Trump Asked about the details of the new tariffs between the US and China,
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UK savers urged to ‘act now’ before interest rates start falling
Experts say there are competitive products available despite expected Bank of England rate cut Britain’s savers are being urged to “act now” to take advantage of the best rates before they start falling. With a Bank of England interest rate cut on Thursday considered a near-certainty, experts cautioned
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UK Armed Forces to benefit from ground breaking underwater glue developed with industry
Defence scientists develop glue that enables rapid repairs to equipment in extreme environments. HM GovernmentSource
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MHRA approves guselkumab for Crohn’s disease and ulcerative colitis
As with all products, we will keep its safety under close review HM GovernmentSource
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PM meeting with President of the European Commission Ursula von der Leyen: 16 May 2025
The Prime Minister met the President of the European Commission Ursula von der Leyen today. HM GovernmentSource
Read MorePM meeting with Prime Minister Mickoski of North Macedonia: 16 May 2025
The Prime Minister met Prime Minister Hristijan Mickoski of North Macedonia at the European Political Community summit today. HM GovernmentSource
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