49 h. ago Rates should be cut three more times in 2025, says Bank policymaker

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

Events

5 d. ago Do YOU want to retire in the sun? The top spots that will slash your tax bill by thousands

With UK inflation remaining stubbornly high and fiscal drag biting into your pension thanks to frozen income tax rates, it might be time to reflect on where to spend the rest of your days.

Economics

5 d. ago Where YOU can retire to a place in the sun and slash your tax bill by thousands

With UK inflation remaining stubbornly high and fiscal drag biting into your pension thanks to frozen income tax rates, it might be time to reflect on where to spend the rest of your days.

Economics

6 d. ago Ukraine war briefing: Kyiv hits warplanes in Russia as missile attack kills five in Ukraine

Ukrainian military claims strike on four Su-34 bombers at Marinovka base about 900km from border; Russian attack on Samar wounds 25. What we know on day 1,221See all our Ukraine war coverageUkraine’s military has said it struck four warplanes at an airbase in central Russia’s Volgograd region as part of a drive to hit Russian war assets. It said on Telegram it had hit four Su-34 aircraft at the Marinovka base outside the city of Volgograd, about 900km (550 miles) from the Ukrainian border. The post on Friday said the operation was conducted by the military’s special operations branch, together with the SBU security service and other services of the military. “According to preliminary information, four aircraft were hit, specifically SU-34 planes, as well as technical-operational facilities where different warplanes are serviced and repaired,” the statement said. There was no immediate comment from the Russian military.Ukraine’s military said the damage to Marinovka was being assesse...

Events

7 d. ago TOM UTLEY: Please don't ask me to rate my Airbnb hostess whose house was full of anti

Aren't you heartily fed up with those constant demands to 'rate and review your experience' every time you buy anything on the internet, book tickets for a theatre or read a book on Kindle?

Society

8 d. ago Best ergonomic office chairs 2025, tried and tested for working from home

Comfort is key when sitting for long periods of time, and these top-rated chairs offer the support you need

Society

9 d. ago Federal Reserve chair defends holding interest rates after fresh Trump attacks

Jerome Powell says central bank is waiting to see tariffs’ impact on US prices as president claims ‘incompetence’The Federal Reserve is well placed to wait and see how tariffs affect US prices before cutting interest rates, its chair, Jerome Powell, insisted, defying renewed demands from Donald Trump.The US president has disregarded the central bank’s longstanding independence to repeatedly call for rate cuts to spur economic growth and launch a series of personal attacks on Powell. Continue reading...

Politics

1 week ago Premium Bonds prize fund rate will be cut from August, NS&I announces

One finance expert said the ‘writing has been on the wall’ for Premium Bond prizes since a recent Bank of England base rate cut.

Politics

1 week ago Netflix fans have less than a week to watch highest rated Rotten Tomatoes film of all time

Netflix is removing one of the highest rated movies of all time which movie fans won't want to miss before it's gone.

Politics

1 week ago Netflix fans have just 7 days to watch highest rated Rotten Tomatoes movie ever

One of the highest-rated movies of all time is about to leave Netflix in just a few weeks - so movie fans need to make sure they fit this one in before it's gone for good

Politics

2 w. ago Ukraine war briefing: Russia ‘on verge of recession’, Putin minister tells economic showcase

Drone attacks on Kharkiv and Odesa; don’t forget about Ukraine because of Iran-Israel fighting, say Kyiv officials. What we know on day 1,213 Vladimir Putin’s economy minister has warned that Russia is “on the verge” of recession as he spoke on the second day of a signature event meant to bolster economic confidence. The minister, Maxim Reshetnikov, said at the St Petersburg economic forum that his view was based on “current business sentiment and indicators” pointing to a slowdown. “Everything else depends on our decisions,” Reshetnikov said, calling for the central bank to show a “little love for the economy”.Russia’s central bank raised interest rates to an eye-watering 21% in October 2024 to combat inflation and kept them at that level until this month when it eased them to 20%. Russia’s economic growth slowed to 1.4% year-on-year in the first quarter of 2025, the lowest quarterly figure in two years. Prices are rising across the economy driven up by massive government spending ...

Politics

2 w. ago Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%

Switzerland’s central bank says it has cut its target interest rate by a quarter of a percentage point, adding inflationary pressures have eased

Events

2 w. ago UK interest rates expected to remain on hold; rate cuts in Norway, Switzerland and the Philippines – business live

Central bankers warn that trade war worries, and conflict in the Middle East, could hurt growthNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of a deceleratio...

Politics

2 w. ago Bank of England expected to leave interest rates on hold as Middle East conflict pushes up oil price – business live

Rolling coverage of the latest economic and financial news, as Switzerland and Philippines cut interest ratesNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of...

Economics

2 w. ago Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions

Analysts expect a split vote at the MPC’s meeting on 19 June

Politics

2 w. ago Bank of England ‘unlikely’ to cut interest rates as inflation pressure grows

Most economists think the Bank of England’s Monetary Policy Committee (MPC) will opt to keep rates on hold when it meets on Thursday.

Economics

2 w. ago Hoping for lower borrowing costs? Fed likely to stand pat again

The inflation-fighters at the Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth straight time

Economics

2 w. ago Will interest rates be cut tomorrow? The key factors for the Bank of England and 2025 predictions

Analysts expect a split vote at the MPC’s meeting on 19 June

Politics

2 w. ago ‘Oh no! It’s a Gruffalo!’ Julia Donaldson’s 15 best books – ranked!

Her rhyming tales have enchanted children and parents the world over – but which is the best? From a busker’s cat to a greedy rat, it’s time to rate the hits• Parents: what is your child’s favourite Julia Donaldson book?Although Julia Donaldson is best known for her work with Axel Scheffler, her books made with other illustrators yield their own delights. Illustrated by Rebecca Cobb, 2012’s The Paper Dolls has an irresistible sense of childlike wonder, following a string of cut-out dolls as they explore a house while trying to avoid scissors. Continue reading...

Politics

2 w. ago Will interest rates be cut next week? The key factors for the Bank of England and 2025 predictions

Analysts expect a split vote at the MPC’s meeting on 19 June

Politics