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The Latest Breaking News from Lindsay James

Bank of England holds main UK interest rate at 4% with inflation above target

The decision comes as no surprise as inflation in the UK remains stubbornly high, almost double the central bank's 2% target.

Euronews

UK economy flatlined in July after sharp contraction in manufacturing

The sector saw activity fall by 1.3 per cent, holding back growth in the wider economy

The Independent UK

US inflation accelerates to 2.7% as Trump's tariffs start to bite

Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances.

Euronews

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Bank of England holds interest rates amid intensifying inflation risks

As widely expected, the Bank of England kept interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States. This would likely send oil prices soaring and push UK inflation further above target.

Euronews

Is gold still a good investment after price hits all-time high?

The price per ounce has recently hit $3500 before pulling back - what’s next for the investment safe haven?

The Independent UK

The share prices most affected by Trump’s tariffs as stock markets tumble

Several of the world’s biggest companies saw their share prices tank in the aftermath of the US president’s proclamation

The Independent UK

What rising government debt costs mean for your finances

High government borrowing costs come amid fears that inflation is creeping up again, which could lead the Bank of England to keep rates on hold

The Independent UK

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UK’s FTSE 100 treads water and pound weakens as US inflation edges higher

The FTSE 100 was declining during the day but managed to gain 4.56 points late in the afternoon to close at 8,030.33.

Evening Standard

Jeremy Hunt Announces Significant Tax Cut Amidst Downturn in Growth Forecast

Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.

International Business Times UK

Where Waterloo Road cast are now - Hollywood stars, X Factor flop and celebrity clashes

Waterloo Road is making a sensational comeback tonight on BBC One - but there has still been plenty of drama in the lives of the cast away from the cameras

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