Rates should be cut to 3.5% by end of 2025, IMF says
The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024. Read More
UK inflation falls to 2.3%, lowest level in almost three years
“Today marks a major moment for the economy, with inflation back to normal,” says Rishi Sunak. Read More
Industry bosses cast doubt on jobs ‘bootcamp’ plans
The plans will see benefit claimants get training for roles in sectors such as hospitality and care. Read More
Five questions for ex-Post Office boss Paula Vennells
The former Post Office boss is due to give evidence to the public inquiry into the Horizon IT scandal. Read More
Children top up pocket money with extra work
Doing housework and developing side hustles is helping kids top up pocket money, a report claims. Read More
BMW and Jaguar used banned China parts – US probe
The car makers used parts made by a supplier banned over alleged links to Chinese forced labour. Read More
Summer interest rate cut possible, says Bank deputy
Ben Broadbent’s comments come ahead of data which is expected to show a fall in inflation. Read More
Ryanair sees rises in air fares easing over summer
Airline profits rise despite fuel costs as it warns deliveries of Boeing jets could be further delayed Read More
Pretty Little Thing warned over ‘misleading’ ads
The advertising watchdog says the ads “must not appear again” on the company’s social media sites. Read More
China hits back at US and EU as trade rows deepen
Last week, Washington announce new tariffs on Chinese imports including electric cars and solar panels. Read More