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The Latest Breaking News from MPC

Award-winning restaurant to be taken over by leading hospitality firm

AN award-winning restaurant in Glasgow’s west end is to be taken over by a leading hospitality firm

The National (Scotland)

Earnings Preview: What to Expect From Marathon Petroleum's Report

Marathon Petroleum is expected to release its fiscal second-quarter earnings next month, and analysts project a double-digit profit drop.

Barchart

Voices: Inflation has delivered a nasty shock – but don’t panic just yet...

COMMENT: The Bank of England can still cut rates at its August meeting, reassures James Moore. So, this blip may prove temporary...

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

UK inflation rise makes it clear: the cost of living crisis has not gone away

Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy

The Guardian - UK

Households face new squeeze as June inflation unexpectedly jumps to 3.6%

The “grim” jump in inflation to an 18 month high is not expected to prevent an interest rate cut next month

Evening Standard

Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

COMMENT : The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution

The Independent UK

The Quiet Rise of Stablecoin: Are You Ready to Shop and Bank Differently?

Major retailers like Walmart and Amazon are exploring their own stablecoins—digital currencies pegged to the dollar—as a way to slash transaction costs and lock in...

Saving Advice

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Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision

The Guardian - UK

Voices: Don’t panic, chancellor – there’s still hope for interest rate cuts

COMMENT: Forget homeowners with tracker mortgages or those desperate for a better deal – the person who’s hurting the most from the Bank of England’s decision not to lower interest rates is Rachel Reeves, says James Moore

The Independent UK

Bank’s rate decision leaves frustrated Reeves praying for an August cut

Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC

The Guardian - UK

BoE leaves interest rates on hold at 4.25%

Decision was expected in the City where analysts predict the next cut will be in August

Evening Standard

Bank of England keeps interest rates at 4.25% but hints at cuts to come

Governor says rates still on downward path but hard to predict timing of reductions in ‘highly unpredictable’ world

The Guardian - UK

FTSE 100 nudges up ahead of Fed decision following broadly expected CPI data

The oil price fluctuated, with the Israel-Iran conflict entering its sixth day.

Evening Standard

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.

Evening Standard

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The Independent UK

Voices: Who’s to blame for food price hikes – supermarkets or Rachel Reeves?

COMMENT: The retail giants point the finger at the chancellor’s business tax rises as food inflation jumps to 4.4 per cent – so, asks James Moore, are they right, and will mortgages and petrol pump prices be next?

The Guardian - UK

UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay - as it happened

Heidi Alexander vows to ‘sort out’ HS2 project which is delayed beyond 2033; UK inflation dips to 3.4%

Evening Standard

Stocks up on hopes of thaw to Middle East tension

The FTSE 100 index closed up 24.59 points, 0.3%, at 8,875.22, just shy of its record closing peak of 8,884.92 posted last Thursday.

Evening Standard

UK interest rates predicted to stay at 4.25% with Bank ‘nimble’ amid uncertainty

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

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news in one place.

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The Independent UK

Will interest rates go down today? Bank of England’s key factors and 2026 predictions

The Monetary Policy Committee cut rates four times last year but 2026 is now uncertain

The Guardian - UK

Reeves will hope weaker wage growth enables more interest rate cuts

Bank of England governor has said he sees pay as crucial in determining pace of rate reductions

The Independent UK

Voices: The ONS scandal that has made your bills higher than they should be

COMMENT : Two mistakes made by Britain’s national number cruncher, the ONS, affect us all, writes James Moore – from our mobile phone bills to how much we pay for mortgages and other loans

Barchart

Is Marathon Petroleum Stock Underperforming the S&P 500?

Marathon Petroleum has underperformed the S&P 500 over the past year, but analysts are moderately optimistic about the stock’s prospects.

The Guardian - UK

UK interest rates more uncertain due to Trump policies, says Bank governor

Andrew Bailey tells MPs pattern of trade deals and lower tariffs ‘blown up’ with serious impacts for global economy

The Guardian - UK

Who is calling the shots when it comes to UK wage levels: workers or bosses?

Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power

The Independent UK

Inflation rises to 3.5% after ‘perfect storm’ of price increases

Fuel and clothing fell in price – but not enough to compensate for rises in bills elsewhere

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Ayatollah Ali Khamenei

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