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The Latest Breaking News from PA Graphics

Appropriate to be cautious says Bank deputy as ‘wages still too high’

Clare Lombardelli also warned that global growth will be knocked by US tariff plans, which will also reduce inflation.

Evening Standard

Universities must be more transparent with public money, skills minister says

It comes after reports that two in five universities and colleges in England expect to run at a deficit this year.

Evening Standard

Migration must be ‘properly controlled’, Cooper says ahead of policy reforms

The Home Secretary has blamed a push for overseas recruitment for high net migration figures in recent years.

Evening Standard

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UK must seek to ‘rebuild’ trade relationship with EU, says Bank governor

In an interview with the BBC, the Bank’s chief suggested that the UK-US trade deal secured on Thursday could set an example globally.

Evening Standard

Key points of the UK-US trade deal explained

The agreement is the first of its kind struck by the US since President Donald Trump came to power in January.

Evening Standard

No drop in food standards, says Government as UK-US deal opens up beef trade

The National Farmers’ Union said it appreciated the Government’s efforts on maintaining high standards.

Evening Standard

Government makes assurance on hormone-treated beef as UK-US deal opens up trade

Fears were also raised over chlorinated chicken

The Independent UK

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Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard

Bank of England cuts rates as governor welcomes UK-US trade deal

Interest rates were cut from 4.5% to their lowest level since May 2023, in their fourth reduction over the past year.

Evening Standard

Tracker mortgage holders could save nearly £350 a year following rate cut

Thursday’s base rate reduction by the Bank of England would help boost housing market activity, property experts said.

Evening Standard

Bank of England poised to cut interest rates as tariffs to weigh on growth

Most economists think UK interest rates will be reduced to 4.25% from their current level of 4.5% on Thursday.

The Independent UK

Louise Haigh says Labour’s ‘unpopular decisions overshadowing the good ones’

Ms Haigh said Labour should ‘properly explore’ a tax on the wealthy as an alternative to ‘cutting money from the people who can least afford it’.

Evening Standard

Starmer rejects Welsh leader’s call to ‘rethink’ winter fuel policy

Prime Minister Sir Keir Starmer said ‘we had to stabilise the economy’ as he defended the actions taken by his Government.

The Independent UK

Downing Street rejects Welsh leader’s call to ‘rethink’ winter fuel policy

Welsh First Minister Baroness Eluned Morgan called for a ‘rethink’ of the decision to means-test winter fuel payments.

Evening Standard

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Evening Standard

Pressure on Starmer over winter fuel cash squeeze after local election results

Welsh First Minister Eluned Morgan called for a ‘rethink’ while Cabinet minister Wes Streeting acknowledged voters’ unhappiness over the policy.

Evening Standard

Winter fuel squeeze anger was factor in Labour election losses – Streeting

Health Secretary Wes Streeting said the Government was ‘reflecting on what voters told us last Thursday’.

Evening Standard

Police given more time to question seven held in two counter-terror operations

The Home Secretary said the cases reflect the biggest counter state threat and counter terrorism operations in recent years.

Evening Standard

Schoolchildren and veterans co-author book of memories for VE Day

Recollections of evacuation, rationing and life after the war were documented in My Life Through WW2.

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Evening Standard

Eight arrested in two counter-terrorism operations involving Iranian nationals

The Home Secretary said they reflect the biggest counter state threat and counter terrorism operations in recent years.

Evening Standard

Bank of England set to cut interest rates as US tariff impact in focus

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

Evening Standard

Tories hail ‘significant’ mayoral election win after widespread losses

Party leader Kemi Badenoch previously warned the local elections would be tough for the Conservatives.

The Independent UK

Local and mayoral elections: Key results so far

No party won more than a quarter of the share of the vote in the West of England mayoral election.

Evening Standard

Reform beats Labour by six votes in Runcorn vote as party gains first mayor

In one of the closest parliamentary votes ever, new MP Sarah Pochin took the seat which Labour won with a majority of almost 14,700 last year.

Evening Standard

Votes being counted as Farage seeks to ‘smash the two-party system’

Nigel Farage’s Reform UK hopes to make gains at the expense of Labour and the Tories, with the Liberal Democrats and Greens also expecting successes.

The Independent UK

Labour seats set to suffer worst economic impact of welfare reforms – study

MPs have been urged to consider the wider impact of changes to eligibility requirements for the personal independence payment.

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