News

Bailey tells of his shock about the 'cover-up' and 'lies', as he weighs in over Epstein scandal

Yesterday

Bank of England governor Bailey (pictured) made clear his dismay over the latest revelations about Epstein and his relationship with Lord Mandelson.

Cost of Labour laid bare: Bank of England slashes growth outlook, holds interest rates and warns of job losses

Yesterday

Labour's stuttering growth ambitions suffered a fresh blow yesterday as the Bank of England slashed its UK GDP forecast and warned of rising job losses.

Pound falls and gilt yields see-saw on interest rate cut hints and the turmoil in No.10

Yesterday

Currency traders sold off sterling as the Bank of England - led by Governor Andrew Bailey (pictured) - left interest rates on hold but opened the door to a cut within weeks.

Mining titans scrap £200bn mega merger: Footsie rivals Rio Tinto and Glencore in clash of egos over who would run firm

Yesterday

The two FTSE-100 giants announced they were in discussions less than a month ago about a 'combination' of the businesses.

Bailey should slash rates to protect our endangered economy, says ALEX BRUMMER

Yesterday

The great hope of financial markets when Labour was elected in July 2024 was political and economic stability after the turmoil of the Tories' last years in office.

Electric car sales stall as drivers are put off by Rachel Reeves's pay-per-mile tax

Yesterday

Society of Motor Manufacturers and Traders figures showed 29,654 vehicles powered by battery alone were sold in January - up just 0.1% year-on-year.

How to make the most of the Avios promotion to boost your points by 500%: Expert tricks to get you flights for £1 - but you have to move fast

Yesterday

Jetsetters in the British Airways loyalty scheme have just a few days to turbocharge their Avios points by up to 500 per cent, as its flash promotion comes to an end on Monday.

How I paid off my £330,000 mortgage in just four years: It saved me £70,000 in interest and let me quit my job

Yesterday

Most people take out a mortgage on the understanding it will likely take them decades to pay off.

Fund manager Nick Train shrugs off 'indiscriminate' software selloff

Yesterday

The fund manager's Finsbury Growth & Income Trust has been caught up in the sell-off in data and software stocks, following the launch of Anthropic's new legal tool.

Rio Tinto and Glencore abandon £200bn mega merger over valuation concerns

Yesterday

Rio Tinto and Glencore have abandoned plans for a £200billion mega merger that would have created the world's largest mining group.

Jaguar Land Rover suffers further losses as impact of cyber attack drags on

Yesterday

The motoring giant reported a £310million loss in the three months to 31 December, down from a profit of £523million a year ago.

Growth down, unemployment up... but no more rate cuts - yet: Blow to Reeves as Bank slashes economic forecasts but leaves borrowing costs on hold

Yesterday

The Bank of England has forecast a sharp growth slowdown and rise in unemployment as it left interest rates on hold in a blow to Chancellor Rachel Reeves.

Blow to borrowers as Bank of England HOLDS interest rates at 3.75%

Yesterday

Borrowers were dealt a blow today as interest rates were held despite mounting concerns over rising unemployment and a floundering economy.

Why Britain's about to BOOM, by money guru ALEX BRUMMER.

Yesterday

Is Britain on the cusp of a scientific and technological revolution? Simon Carter, the boss of the property giant British Land, appears to believe that it is.

Bank of England holds interest rates at 3.75%: What it means for your mortgage and savings

Yesterday

The Bank of England opted to hold interest rates at 3.75% today, with a cut in March now thought likely.

Energy firm Drax puts 350 jobs at risk as consultation is launched

Yesterday

Around 300 of the jobs at risk at Drax are understood to be based in the UK, though this could change as the consultation process progresses.

After China bans Tesla-style hidden door handles, here are eight modern car features safety experts and drivers want axed next

Yesterday

While designed to make vehicles greener, safer and increasingly convenient, they can be flawed or totally redundant, thus making them incredibly irritating and dangerous for motorists.

Electric car momentum stalls: EV sales rose just 0.1% in January

Yesterday

Just 29,654 EVs were sold last month, which is only 20 more battery cars than were registered in January 2025.

Borrowing costs edge higher as doubts over Starmer's future grow

Yesterday

Gilt yields started to rise on Wednesday evening after the Prime Minister admitted he knew of Peter Mandelson's friendship with Jeffrey Epstein before appointing him as US ambassador.

Selfridges refused to let me return £263 designer jacket as it had my HAIR on it: CRANE ON THE CASE

Yesterday

I obviously can't rule out a stray hair finding its way on to the coat, but the accusation that it had 'hair all over' is totally false.

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