Browsing: UK featured

The Bank of England is expected to cut interest rates on Thursday, likely lowering them from 4.5% to 4.25%. This would be the fourth rate cut since last year’s peak of 5.25%, and the second in 2025, as the Bank aims to stimulate borrowing and ease financial pressure on households and businesses.

A fire at the North Hyde Substation, essential for electricity supply to Heathrow Airport, led to a 16-hour closure, cancelling over 1,000 flights and affecting hundreds of thousands of passengers.

The NHS faces a significant digitisation cost of £21bn over five years, encompassing infrastructure, cyber security, and ongoing maintenance expenses.

Arsenal’s Champions League campaign ended with a 2-1 defeat to Paris Saint-Germain, losing 2-1 on aggregate after a strong start in the second leg.

Leighton Meester described the loss of her Gossip Girl co-star Michelle Trachtenberg as “devastating,” highlighting her talent and the affection everyone had for her.

Labour is facing internal chaos over its refusal to U-turn on the winter fuel cuts – which many believe played a huge role in Labour’s losses during last week’s local elections in England.

UK and India sign trade deal that will see tariffs reduced on products like whisky and gin, with expectations of a £25.5bn increase in bilateral trade. The agreement could see the UK economy be boosted by around £5bn a year – and marks the largest trade deal established by the UK since Brexit. 

What happened today in the UK? UK and India agree trade deal – PM refuses to scrap cuts to winter…

The government says it will not reverse cuts to winter fuel payments despite the measure causing turmoil in the party. Since last week’s local election losses for Labour (and huge gains for Reform), there have been growing calls within the party for the cuts to be abandoned. 

UK and India agree trade deal after more than 3 years of talks. The UK-India trade deal will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India’s clothing and footwear exports.