Interest rates held at 4.25% as Bank hints at further cuts to come
The central bank decides to hold interest rates at 4.25% with inflation remaining above its target level. Source: Original News
Category: Business
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Fed holds interest rates for fourth time despite tariff turmoil
The US central bank leaves its key interest rate unchanged at 4.3%, as its view of the economy darkens. Source: Original News
Japan’s Nippon seals controversial US Steel deal after Trump pact
Nippon agreed to give a “golden share” to the US government to win approval of the takeover. Source: Original News
Old meter switch-off is pushed back
Thousands of households will now not face disruption to hot water and heating, the government says Source: Original News
Millions more on benefits to get £150 off energy bills
The criteria has changed so 2.7m more people will get the money automatically knocked off their bills. Source: Original News
Bank of England expected to hold interest rates at 4.25%
Analysts predict cuts to come later in the year, but say the Bank rate is likely to remain at 4.25% for now. Source: Original News
OpenAI boss: Meta offering $100m plus to poach my staff
Sam Altman said so far none of his “best people” had jumped ship to his big tech rival. Source: Original News
Chocolate prices soar as UK inflation stays at highest in over a year
Food prices grew for a third month in May, as the overall rate of inflation remained at 3.4%. Source: Original News
HS2 line to be delayed again with no new date given
The Transport Secretary is expected to say there’s “no reasonable way to deliver” the line on time. Source: Original News
Why Ukraine is one of the world’s most digital countries
Despite the war, Ukraine has developed of the most advanced systems for digital government services. Source: Original News