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Bank of England governor says Brexit has undermined UK economy | Andrew Bailey

The Bank of England governor has warned ministers that Brexit is hurting Britain's economy and urged them to “rebuild our relationship” with the EU. Speaking at the Mansion House dinner in the City of London on Thursday night, Andrew Bailey said he would not take a position on Brexit “per se”, but said he would […]

New council housing in England may be removed from right to buy scheme | Social housing

Angela Reiner has suggested ministers could prevent England's new parliament building from being sold under the Right to Buy scheme. The Deputy Prime Minister said the government would introduce restrictions on new social housing “so we don't lose stock”. Since Margaret Thatcher launched the scheme in 1980, the Right to Buy scheme has enabled tenants […]

Bank of England cuts interest rates by a quarter point: Live updates – CNBC

Bank of England cuts interest rates by 25 basis points Commuters outside the Bank of England (BOE) in London, England, Monday, September 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is expected to be announced on September 19th. Bloomberg | Bloomberg | Getty Images The Bank of England cut interest rates by […]