The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.
It warned it was facing around an extra £10 million in wage costs in its next financial year from the Budget measures.
The Prime Minister said that ‘we do need to transition to clean power’ while on a visit to the UK National Nuclear Laboratory.
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
BOURNEMOUTH Airport’s popular pub is set to close, with a new operator taking over. Many passengers stop for a drink or a bite to eat at The Navigator before their flights. However, the venue will ...
Racing at Thurles on Thursday was abandoned following the second race due to an incident at the final fence that resulted in Michael O’Sullivan receiving medical attention.
Prince Andrew School is the only secondary school on the remote British overseas territory of St Helena, in the South Atlantic Ocean.