The Latest Breaking News from PA Graphics

Bank of England holds interest rates at 4.75% but says UK economy stagnating

The Bank’s Monetary Policy Committee said it was keeping rates unchanged on Thursday following a divided vote among policymakers.

Evening Standard · Dec 19, 2024

Base rate hold is ‘not the early Christmas present that many would have wanted’

Mortgage rates are likely to continue to ‘yo-yo’ over the next few months, one expert suggested.

Evening Standard · Dec 19, 2024

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’

The Bank of England said it was keeping rates unchanged on Thursday after cutting the level in August and again in November.

Evening Standard · Dec 19, 2024

Where inflation accelerated in November – and where it eased

Some of the biggest movement in inflation last month was in the cost of petrol and diesel.

Evening Standard · Dec 18, 2024

Keir Starmer defends record after bruising time in No 10

The Prime Minister said he was determined to deliver benefits for working people.

Evening Standard · Dec 18, 2024

Yellow wind warnings could cause disruption for commuters

The Met Office said gusts of up to 65mph could lead to road, rail, air and ferry delays.

Evening Standard · Dec 18, 2024

Seven more asylum hotels to close in the New Year

The Home Secretary said work to reduce the asylum backlog meant another seven hotels had been issued with closure notices.

Evening Standard · Dec 17, 2024

UK inflation likely to rise again as cigarette and petrol prices tick up

The Office for National Statistics will announce the latest monthly Consumer Prices Index reading on Wednesday.

Evening Standard · Dec 17, 2024

Net migration ‘could be down to around 300,000 in next few years’

Professor Brian Bell, the chairman of the Migration Advisory Committee, said he thinks numbers will ‘come down quite rapidly’.

Evening Standard · Dec 17, 2024

Bank set to hold rates as wage growth rises for first time in more than a year

Official figures showed regular earnings growth rose by more than expected, to 5.2% in the three months to October.

Evening Standard · Dec 17, 2024