Scottish Conservative leader Douglas Ross has backtracked on comments he made suggesting Conservative voters could vote Labour at the next general election in seats where Sir Keir Starmer’s party had a better chance of winning against the SNP.
23.03.2023 - 16:19 / manchestereveningnews.co.uk
The Bank of England (BoE) has voted in favour of raising the Base Rate once again.
In what is now the 11th consecutive increase in the country's interest rates, the Bank of England's Monetary Policy Committee has decided to raise the Base Rate from 4 per cent to 4.25 per cent. It means the UK's interest rate is now at its highest since the early stages of the 2008 financial crisis. when it topped 4.5 per cent.
According to the Bank, seven members of the Committee voted in favour of raising the Base Rate while two voted against, hoping to maintain the rate at 4 per cent.
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Minutes from the Committee's meeting state: "Global growth is expected to be stronger than projected in the February Monetary Policy Report, and core consumer price inflation in advanced economies has remained elevated. Wholesale gas futures and oil prices have fallen materially.
"There have been large and volatile moves in global financial markets, in particular since the failure of Silicon Valley Bank and in the run-up to UBS’s purchase of Credit Suisse, and reflecting market concerns about the possible broader impact of these events."
The MPC said it would make a “full assessment” of recent banking woes and market volatility in its forecast in May.
The BoE raises interest rates to ensure that inflation is brought down. The Bank's Base Rate is factored by the country's economical situation and it is up to the Bank to decide what will bring down the rate of inflation over the next few years.
In February, inflation rose to 10.4 per cent which would have one of the leading considerations for the Bank as it examined whether to raise the Base Rate today
Scottish Conservative leader Douglas Ross has backtracked on comments he made suggesting Conservative voters could vote Labour at the next general election in seats where Sir Keir Starmer’s party had a better chance of winning against the SNP.
Bad Bunny and Kendall Jenner were horsing around this past weekend, and it looked quite romantic.The Puerto Rican rapper and the supermodel spent Sunday enjoying a romantic horseback ride at the Hidden Hills Equestrian Center. In the photo, BB looked quite casual wearing a light jacket over a white dress shirt, brown pants and white sneakers.
Mimi Webb is ignoring those Red Flags and running straight ahead, hun...to the top of the Official Trending Chart, to be precise.
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EXCLUSIVE: Following Russia’s full-scale invasion of Ukraine in late February 2022, Hollywood swore off the booming and lucrative box office territory, with the first studios, Disney and Warner Bros, respectively pulling their big movies out of the country, Turning Red and The Batman.
Barclays will undergo another wave of closures as 14 more branches across England and Wales will shut down.
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Joe Otterson TV Reporter The Butch Cassidy and The Sundance Kid series in the works at Amazon has found its showrunners. Variety has learned that Alex Metcalf has boarded the show, currently titled “Butch & Sundance,” as showrunner and executive producer. Series creators Kaz Firpo and Ryan Firpo will serve as co-showrunners and executive producers alongside Metcalf. The Firpos most recently wrote the screenplay for the Marvel film “Eternals.” Amazon has ordered the show straight-to-series. The show was first reported as being in development in September, with Regé-Jean Page attached to play Cassidy and Glen Powell playing Sundance. At that time, it was reported that deals for the show were not yet closed and discussions were ongoing.
Ruth Langsford looked sensational on Monday, when she was spotted looking ultra glamorous in a pair of slick skinny jeans for her special birthday lunch.Taking to her Instagram account with an exciting video, the former Good Morning Britain star, 63, was a vision in her all-black ensemble which featured a chic silk shirt and stylish leather jacket.In the clip, Ruth and her friends could be seen wining and dining with her friends at James Martin's brand new Cotswold's restaurant, The Lygon Arms. See Ruth's glamorous celebrations in the video below.WATCH: Ruth Langford's special birthday celebrationCaptioning the post Ruth penned: "Celebrated my birthday with my girls @lucyalexandertv @louiseathenapr & @hungrywomancooks in the Cotswolds with lunch at @jamesmartinchef new restaurant at the @lygoncotswolds.
Legendary rocker Jon Bon Jovi stopped by to watch British tennis player, Cameron Norrie (#12 in the world!), on the practice courts at the Hard Rock Stadium during the Miami Open tournament on Wednesday (March 22) in Miami Gardens, Fla.
Russia's president has promised to "respond" to the UK's plan of sending ammunition to forces in Ukraine as they continue to defend against the year-long invasion of their territory.
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Daryl Hall is set to perform at the 2023 BST Hyde Park festival later this summer, as a special guest headliner Billy Joel.The Hall & Oates singer will join the singer-songwriter onstage for his live appearance at the London Festival, which is set to take place on July 7. Tickets are available now.As previously announced, BLACKPINK will make their UK festival debut headlining their own day at British Summer Time, as well as Bruce Springsteen and the E Street Band playing two nights, alongside headline appearances from Guns N’ Roses, Take That and P!nk, supported by Gwen Stefani.Alongside his guest appearance with Joel, Hall is also set to perform at a newly-announced headline show in London.
It just never ends with this guy… And why not, since his followers have fully bought into the defense that every investigation into Donald Trump is just a massive conspiracy and all-capitals WITCH HUNT.