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MPC

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3 hours ago

UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay - business live

Heidi Alexander vows to ‘sort out’ HS2 project which is delayed beyond 2033; UK inflation dips to 3.4%

  • UK inflation eases to 3.4% amid falling fuel and air fare prices

Inflation pressures remain sticky…

6 days ago

Largest ever plunge in UK exports to US as Trump tariffs hurt growth; dollar hits three-year low – business live

UK economy shrank by 0.3% in April, biggest fall since October 2023, as trade with the US slumped

  • Full story: UK economy shrinks by 0.3% as as exports hit by Trump trade war

Nicholas Hyett, Investment …

19 days ago

41 days ago

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 p…

4 months ago

Rate cut can lift mood but Bank’s forecasts are unambiguously bleak

Weak jobs market and above-target inflation will dent Reeves’s growth plans and may wipe out fiscal headroom

  • Bank cuts rates to 4.5% and halves UK growth forecast
  • What does the rate cut mean for mortga…

5 months ago

Bank of England holds interest rate at 4.75% but warns of UK stagnation risk

Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs

• Business live – latest updates

The Bank of England has kept UK interest rates unchang…

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