Pound slumps as BoE’s chief hawk calls for a double rate cut    – London Business News | Londonlovesbusiness.com

The Financial institution of England has reduce charges by 25bps, with two voting for a bigger 50bps transfer, as policymakers ponder an more and more stagflationary outlook for the British financial system. Progress has been revised down, to solely 0.75% in 2025, and inflation has been revised up, with a...

Musk calls for ‘new election in Britain’ as most voters view Labour as ‘dishonest’ and ‘incompetent’ – London Business News | Londonlovesbusiness.com

The SpaceX chief Elon Musk has referred to as for a “new election in Britain” as most voters consider that Labour are “dishonest, incompetent” and unsuccessful” in keeping with a YouGov ballot. The YouGov ballot was commissioned by The Occasions and many of the voters predict Keir Starmer to flounder...