4 d. ago Interest rates falling ‘too fast’ sparking inflation worry, Bank of England’s chief economist warns

Huw Pill said cuts in the Bank of England’s base rate have been ‘too rapid’

Economics

4 d. ago Reeves eyes Gulf trade pact as ‘next deal,’ Bank of England’s Pill says pace of interest rate cuts ‘too rapid’ – business live

China and Australia cut interest rates; Shell faces protests calling for clean-up in Niger DeltaHere’s our full story on Greggs.Sales at Greggs have picked up after the UK’s biggest bakery chain branched out into iced drinks, pizza boxes and a macaroni cheese that has gone viral on social media.These are important issues and we respect the right of people to express their view. But for many years the vast majority of spills in the Niger Delta have been caused by third parties acting unlawfully, such as oil thieves who drill holes in pipelines, or saboteurs.These challenges are managed by a joint venture which Shell’s former Nigerian subsidiary, SPDC, operated, cleaning up every spill from the joint venture’s facilities. Continue reading...

Economics

4 d. ago UK politics live: Reeves eyes fresh trade deal after striking EU Brexit reset pact

The chancellor is hoping an agreement can be secured with countries such as Qatar and Saudi Arabia

Politics

4 d. ago UK politics live: Reeves eyes trade deal with Gulf countries after striking EU Brexit reset pact

The chancellor is hoping an agreement can be secured with countries such as Qatar and Saudi Arabia

Politics

4 d. ago Reeves eyes Gulf trade pact as UK government’s ‘next deal’ after EU summit – business live

China’s and Australia’s central banks cut interest ratesRachel Reeves said the UK government is closing in on a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as its next major deal.The chancellor told the BBC the agreement would be the government’s “next deal” as it looks to boost trade ties following Brexit.Britain is in a better place than any other country in the world in terms of deals with those countries.The first deal and the best deal so far with the US, we’ve got the best deal with the EU for any country outside the EU, and we’ve got the best trade agreement with India.We are not going to litigate old arguments, we are going to go forward in the spirit of what we do together, we do better.This deal will mean Britain becoming a rule-taker, accepting dynamic alignment, giving up fishing rights and paying new money to the EU. Nobody has lost more than the fishermen. Continue reading...

Politics

4 d. ago Reeves says Gulf trade pact is Government’s ‘next deal’ after EU summit

Ms Reeves suggested economic growth would be strengthened through recent trade deals with the United States, the EU and India.

Politics