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 PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

A MAN who lives in Flintshire is to repair the Prestatyn’s Centennial Clock. Kane Hughes, 28, runs North Wales Watch Repairs, and said the project “piqued my interest” after he was approached by ...

The Prime Minister said that ‘we do need to transition to clean power’ while on a visit to the UK National Nuclear Laboratory.

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.

UK cinema admissions hit a five-year high in 2024 – but thanks only to a late flurry of big releases in the weeks before Christmas, including Wicked and Paddington In Peru. Some 126.5 million ...

The DWP has confirmed a the new rates for Child Benefit from April 2025 following a heated debate and vote in the commons. From April, families with one child will now receive the new amount of £26.05 ...

Despite tries from Ted Williams and star player James Jones, plus a Seth Livesey penalty, the U15s were beaten at home, but tries from Aidan Roberts (2),Tom Crewe, Ollie Hockenhull, Riely Panton and ...

A claim has been received on the £83.4 million EuroMillions jackpot prize from the draw on January 24, operator Allwyn has said. Allwyn said the lucky ticket-holder, who was in possession of their ...

The Prince of Wales said it is important to break down any “taboos and stigmas around mental health” as he met young farmers to discuss rural isolation and loneliness.