Monday May 5, 2025

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UK inflation surges, job cuts mount: Bank of England faces tough decision on interest rates

Inflationary pressures are rising again, while job cuts and economic stagnation suggest a potential policy dilemma for the Bank of England ahead of February’s crucial rate meeting

Rachel Reeves softens non-dom tax plan amid warnings of wealthy exodus

Chancellor Rachel Reeves softens plans to abolish non-dom status, aiming to calm fears of an exodus of wealthy residents

Uk borrowing soars to £17.8bn; herald investment trust fends off Saba Capital takeover

Public sector borrowing soars above expectations, while herald investment trust fights off a takeover bid.

Labour leader Keir Starmer targets ‘NIMBYs’ in bold plan to accelerate construction

Keir Starmer vows to tackle the legal hurdles slowing down infrastructure projects

Keir Starmer pledges to tackle online violent content after southport stabbings

Following the Southport murders, UK ministers plan legal reforms to tackle terrorism and hold technology companies accountable for hosting violent content that inspires crime

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