Former Bank of England deputy warns Rachel Reeves against kneejerk cuts
Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years away The former Bank of England deputy governor Charlie Bean has warned the chancellor against making kneejerk cuts in next week’s spring statement to try to hit fiscal targets that are five
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Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do? Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of an all-out trade war
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UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push Business live – latest updates The UK economy contracted by 0.1% in January, dealing a blow to Rachel Reeves before
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Top City watchdogs drop new diversity and inclusion rules for firms
FCA and Bank of England’s PRA join retreat from efforts to help underrepresented groups, citing ‘regulatory burdens’ Peers working for City firms dominate Lords scrutiny panel FCA scraps plan to ‘name and shame’ UK firms under investigation Business live – latest updates The City’s top two regulators have
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What can Canada expect from its next PM? The Mark Carney I knew | Larry Elliott
In his seven years as Bank of England governor, Carney was charming and self-confident but had a volcanic temper Smart, smooth, tough and a liberal globalist to the ends of his fingertips. That was how Mark Carney came across in his near seven-year stint as governor of the
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Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies A full-blown trade war would pose a “substantial” threat to the British economy, Bank of England governor Andrew Bailey has warned. Donald Trump struck Canadian and Mexican imports with new duties of 25%
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Bank of England must proceed with caution over future rate cuts, says deputy governor
Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cuts Business live – latest updates Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the
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PM statement on British Steel: 12 April 2025
Prime Minister Keir Starmer's statement on British Steel this afternoon. HM GovernmentSource
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Minister for Europe opening remarks at Antalya Diplomacy Forum: Saturday 12 April
Minister for Europe Stephen Doughty makes opening remarks at the Antalya Diplomacy Forum in Antalya, Turkey. HM GovernmentSource
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Communities to nominate UK traditions for new inventory
Nominations will open this summer for traditions like Notting Hill Carnival, Hogmanay and artisanal crafts to be officially recognised HM GovernmentSource
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