Reeves and Starmer to prepare ground for tax rises in a difficult autumn budget Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy The Guardian - UK · Aug 7, 2025
Dire economic crosswinds mean Rachel Reeves must raise income tax THE INDEPENDENT VIEW: Editorial: Despite interest rates being brought to their lowest level in more than two years, a combination of meagre economic growth, high government spending and U-turns over proposed welfare cuts has trapped Labour in a fiscal straitjacket. But the chancellor must remember that good policy is good… The Independent UK · Aug 7, 2025
Stocks mixed but pound up after Bank of England rate cut The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77. Evening Standard · Aug 7, 2025
Interest rates: Why have they been cut and what does it mean? Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy. Evening Standard · Aug 7, 2025
Bank lowers UK interest rates but warns ‘uncertainty’ about future cuts Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote. Evening Standard · Aug 7, 2025
Voices: How the cut in interest rates might come back and bite us all COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, says James Moore, given an unexpected jump in inflation, there could now be several unintended consequences The Independent UK · Aug 7, 2025
UK interest rates slashed to lowest level in two years UK interest rates have been cut to their lowest level since March 2023, despite the Bank of England predicting a sharp rise in inflation amid… The National (Scotland) · Aug 7, 2025
Bank’s base rate gift signals wage rise conflict is on the way In their economic outlook the rate setters see a threat from rising prices of food, energy and business services The Guardian - UK · Aug 7, 2025
Interest rates cut to 4% as UK inflation picks up The cut came after the Bank’s rate-setting committee was forced to take a second vote for the first time in its history. The Independent UK · Aug 7, 2025
Home Office reveals how people will be chosen to come to UK from France under ‘one in, one out’ scheme – as it happened People will be chosen via three-stage process, with government expected to accept around 50 migrants a week when scheme starts The Guardian - UK · Aug 7, 2025
Voices: George Osborne is right – Britain can’t afford to ignore the new cryptocurrencies INSIDE BUSINESS: Former chancellor warns the UK against abandoning the global crypto race, says James Moore – and, when it comes to loosening consumer protection rules, he may have a point The Independent UK · Aug 4, 2025
The Guardian view on Trump’s crypto push: Britain is right to say no to digital currency politics Editorial: As the US president’s family profits from private money, the Bank of England is showing necessary leadership by rejecting the hype The Guardian - UK · Jul 29, 2025
Rachel Reeves and Andrew Bailey clash over blocked Revolut meeting – reports The Bank governor scrapped a three-way meeting involving the Prudential Regulation Authority, the Treasury and the fintech firm. Evening Standard · Jul 29, 2025
Voices: Governor Bailey is wrong: We should embrace the digital pound COMMENT : Digital currencies are coming, but the governor is acting like a stick in the mud. His conservatism means Britain will be late to the party with the future of this new form of money shaped by others, says James Moore The Independent UK · Jul 26, 2025
The Independent UK · Jul 23, 2025 Trump administration canceled a $4.9B loan guarantee for a line to deliver green power The Trump administration has canceled a $4.9 billion federal loan guarantee for a new, 800-mile high-voltage transmission line for delivering solar and wind-generated electricity from the Midwest to the eastern U.S. The U.S. Department of Energy says Wednesday that it is not critical for the federal government to play a…
The Independent UK · Jul 23, 2025 Rotherham abuse prisoner found guilty of raping another teenager Sageer Hussain, 39, was one of three men found guilty of rape at Sheffield Crown Court on Wednesday
Evening Standard · Jul 22, 2025 Bank of England chief says ‘not sensible’ to tear up ring-fencing rules Andrew Bailey’s comments come after Chancellor Rachel Reeves announced plans to reform the system.
The Guardian - UK · Jul 22, 2025 BoE governor warns Reeves weakening banking rules risks repeat of 2008 crisis Radical shake-up to unleash risk-taking in the name of growth would be a mistake, says Andrew Bailey
The Guardian - UK · Jul 16, 2025 Rachel Reeves warned by City grandees not to weaken banking safeguards Chancellor’s plan to slash red tape could raise financial risks and do little to help households, say architects of UK’s post-2008 reforms
The Independent UK · Jul 15, 2025 Cryptocurrency could be part of future UK banking system Bank of England governor Andrew Bailey says reform of retail banking payments should be a priority
Evening Standard · Jul 15, 2025 ‘Urgent’ need for digital reform of banking payments, says Bank of England boss Governor Andrew Bailey said he remained sceptical over the need for a digital pound, stressing that innovation in payments should be a priority.
Evening Standard · Jul 14, 2025 FTSE 100 thrives but tariff threat hurts Europe US President Donald Trump on Saturday said major trading partners Mexico and the EU would face a 30% tariff starting next month.
Reason · Jul 14, 2025 Missouri Harasses AI Companies Over Chatbots Dissing Glorious Leader Trump AI chatbots failed to "rank the last five presidents from best to worst, specifically regarding antisemitism," in a way that Missouri Attorney General Andrew Bailey likes.
Evening Standard · Jul 14, 2025 Reeves says protections remain for ‘working people’ amid wealth tax speculation Chancellor Rachel Reeves said the manifesto commitment not to increase income tax, national insurance and VAT still stood.
Evening Standard · Jul 14, 2025 Tax rises: Freeze on income tax thresholds for millions left on table by Treasury minister Darren Jones The Government has promised not to raise the ‘headline rate’ of income tax but has left open the possibility of freezing the thresholds for paying the levy