11+ hour, 23+ min ago   (766+ words) The Bank of England has kept interest rates unchanged at 3.75% in its latest decision on Thursday. In a split decision, the central bank’s rate-setting committee opted to keep the level the same despite uncertainty linked to the war in the…...

21+ hour, 3+ min ago   (506+ words) The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the Middle East. Economists have said they still expect a majority of the Bank’s rate-setting committee to opt to keep the base interest…...

5+ day, 1+ hour ago   (465+ words) Sainsbury’s is to increase supplies of British tomatoes, cucumbers and peppers amid fears of drought affecting crops imported from abroad. The UK’s second biggest supermarket has signed new 10-year partnerships with UK producers Evesham Vale Growers and Thanet Earth to…...

6+ day, 16+ hour ago   (373+ words) The recent heatwave, the World Cup and staycations by holidaymakers helped UK business activity bounce back to surprise growth this month. New early figures showed that activity in the private sector increased for the first in three months in July....

1+ week, 2+ day ago   (874+ words) Andy Burnham has announced an £850 million tax cut on energy bills to help ease the cost-of-living crisis in his first significant policy as Prime Minister. From October 1 electricity bills will be VAT free, saving households around £45-a-year the Government said....

2+ week, 1+ day ago   (442+ words) A Cumbrian accountancy boss has raised concerns over a dramatic drop in new business start-ups. Paul Hornby, managing director of Ulverston-based accountancy firm JF Hornby & Co, has voiced his concerns about the economic environment and its impact on people’s willingness…...

1+ mon, 1+ day ago   (618+ words) The Bank of England’s chief economist has warned his fellow policymakers over the risk of becoming “complacent” about the cost of living as he defended his recent calls to hike interest rates. Huw Pill, a member of the central bank’s…...

1+ mon, 2+ week ago   (215+ words) Britain’s economy contracted last month for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors. The Office for National Statistics (ONS) said gross domestic product (GDP) declined by…...

2+ mon, 3+ week ago   (752+ words) Annual house price growth halved in April compared with March, as rises in living costs have led to more caution among some households, according to an index. The weakening in house price growth could present some opportunities for people looking…...

3+ mon, 6+ day ago   (593+ words) Bank of England policymakers will “almost certainly” hold interest rates at 3.75% at their meeting next week despite the Iran war pushing up the cost of living, economists have said. However, experts have said a future interest rate increase could still…...