40 m. ago Jenrick calls for asylum seekers to be held in camps as he brands Reform’s immigration plans too weak

The shadow justice minister even said he thought “legal migration” was harmful to the UK

Events

14 h. ago Trump’s Fed nominee to pledge ‘independence’ as he seeks Senate confirmation

Stephen Miran will promise to resist outside influences when he appears before lawmakers on Thursday

Politics

18 h. ago BoE’s Bailey warns of ‘serious situation’ at Fed following Trump attacks

Governor tells committee that central bank independence is key to sound policymaking

Events

18 h. ago Bank of England boss Andrew Bailey 'very concerned' about Trump's Fed attacks

Bailey told MPs the attacks had created 'a very serious situation' and threats to central bank independence are 'a very dangerous road to go down'.

Politics

41 h. ago Hundreds of economists sign open letter backing embattled Fed Governor Lisa Cook after Trump attacks

Notable and experienced economists warn elected officials that attacks on the Fed ‘undermine’ public confidence

Events

66 h. ago Yvette Cooper to suspend new refugee family reunion applications as she unveils asylum crackdown

Home secretary Yvette Cooper says the first asylum seekers to be returned to France under a new deal will begin later this month

Events

68 h. ago Starmer slams Reform’s ‘politics of grievance’ ahead of Cooper unveiling asylum crackdown to MPs

Home secretary Yvette Cooper will address Parliament later this afternoon with her plans for reforming the asylum system

Politics

69 h. ago Trump’s war on Fed is ‘serious danger’ to world economy, says ECB head

Undermining independence of central bank will affect the US and other countries, says Christine LagardeBusiness live – latest updatesDonald Trump’s attempt to influence the US Federal Reserve could pose a “very serious danger” for the world economy, the head of the European Central Bank has warned.Christine Lagarde, the president of the ECB, said Trump undermining the independence of the world’s most powerful central bank would have an impact for the US and other countries. Continue reading...

Politics

2 d. ago UK manufacturing downturn continues as new orders slide; Trump’s attack on Fed is ‘a serious danger’ – business live

Weak market conditions, US tariffs and downbeat client confidence blamed for drop in factory ordersOuch! The UK manufacturing sector shrank again last month, as factories were hit by weaker demand at home and abroad.The latest monthly poll of purchasing managers across Britain’s manufacturing sector found that new orders and new export business both fell at quicker rates in August, leading to another drop in production volumes.“Production volumes are still showing resilience in the face of global geopolitical uncertainty and US tariff policies, with both July and August having seen only slight contractions that were milder than those suffered earlier in the year. Business confidence has also lifted to a sixmonth high, reflecting hopes that the trading environment is starting to settle down.However, August also saw a steep drop in UK manufacturers’ new orders, with total order books and overseas demand both falling at some of the fastest rates seen over the past two years. Weak marke...

Politics

2 d. ago Labour in ‘complete denial’ over asylum crisis as Cooper unveils crackdown on refugee reunions

Another round of protests took place over the weekend against the housing of asylum seekers in The Bell Hotel in Epping

Events

3 d. ago Asylum hotels latest: Cooper to unveil crackdown on asylum system after Epping ruling sparks fresh protests

Another round of protests took place over the weekend against the housing of asylum seekers in The Bell Hotel in Epping

Events

3 d. ago Investors underestimate Trump’s threat to the Fed, economists warn

FT survey cites fears that president’s assault has caused long-term damage to the US central bank and economy

Events

3 d. ago Home Office bans asylum seekers living off £10 a week from buying armoured cars

Aid workers say the ban on luxury goods shows how ‘out of touch’ politicians are with the realities of asylum seekers in the UK

Economics

3 d. ago ‘It is about a balance of rights’ Education secretary on community concerns in Epping

Bridget Phillipson was repeatedly asked wether she believed the rights of asylum seekers were more important than the interests of local communities.

Politics

4 d. ago Protestors gather outside Epping hotel housing asylum seekers

Protestors gathered outside of The Bell Hotel in Epping on Friday after the Court of Appeal overturned a temporary injunction that blocked asylum seekers from being housed there.

Events

5 d. ago Trump’s Fed meddling pushes investors closer to their red line

There may be more stress than is apparent, particularly on long-term debt

Politics

5 d. ago The Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial

The US president’s move against Lisa Cook shows his despotic bent, but the Fed was never democracy’s guardian. It’s time to rethink who really controls moneyDonald Trump’s attempt to sack the Federal Reserve governor, Lisa Cook, is the familiar authoritarian trick of bending institutions to serve the leader’s immediate ends. The widespread condemnation is deserved. This is not some daring experiment in popular control of monetary policy. Yet what should follow censure is reflection. For the furore over Ms Cook has revealed a peculiar reflex: to defend the Fed’s independence as though it were synonymous with democracy itself.But is independence of the Fed, or central banks generally, really that? Eric Levitz at Vox thinks so, or at least that it is close enough. He argues that Congress sets the Fed’s objectives; independence applies only to the means. Without independence, politicians would be free to game rates for votes – as Richard Nixon did in 1972, leaning on the ...

Politics

5 d. ago The key events that led to the Epping asylum seeker injunction being overturned

A temporary injunction that was set to block asylum seekers from being housed at a hotel in Epping, Essex was overturned at the Court of Appeal.

Events

6 d. ago Home Office appeals against injunction that closed asylum hotel — as it could spark further protests

Home Office claims ban on Essex asylum hotel could have a ‘serious impact’ on the UK’s ability to house migrants

Society

6 d. ago Bernie Sanders condemns ousting of CDC chief Susan Monarez as ‘outrageous’ – US politics live

Vermont senator weighs in after Monarez issues statement refusing to step down, plunging public health agency into chaosA notable feature of Cook’s lawsuit against the president, her lawyers have listed Federal Reserve chair Jerome Powell and the rest of the board as defendants.They underscore that while the president has the right to remove a governor of the board “for cause”, Donald Trump only cited a referral letter from Bill Pulte, director of the Federal Housing Finance Agency, which alleges that Cook made false statements on a mortgage agreement.The claims made in Director Pulte’s referral letter are unsubstantiated allegations that about conduct that predates her [Cook’s] Senate confirmation, and Governor Cook has never been given an opportunity to address them. Continue reading...

Politics