The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.
It warned it was facing around an extra £10 million in wage costs in its next financial year from the Budget measures.
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
The Prime Minister said that ‘we do need to transition to clean power’ while on a visit to the UK National Nuclear Laboratory.
Prince Andrew School is the only secondary school on the remote British overseas territory of St Helena, in the South Atlantic Ocean.
The princess visited Southmead Hospital on Bristol, where she spent five nights after her horse-related accident some seven months ago.
The Prince of Wales said it is important to break down any “taboos and stigmas around mental health” as he met young farmers to discuss rural isolation and loneliness.
West Ham midfielder Kristie Mewis, 33, gave evidence at Kingston Crown Court on Thursday where Kerr is on trial.
The China-based chatbot upended the AI market with its recent emergence as an apparent low-cost alternative to ChatGPT and others.
Antibiotics prescribed for a premature baby suffering with a respiratory illness were not given until after he suffered the first of two cardiac arrests, an inquest heard. Ben Condon, who was two ...
The Government’s decision, shared with families at a private meeting on Wednesday evening, has prompted anger among some bereaved and survivors.
The US State Department posted a message on X claiming that ‘US government vessels can transit the Panama Canal without charge fees’.