Reading Time: 3 minutesUK: The Bank of England has voted to cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: 4 minutesUK: In her first Spring Statement as Chancellor, Rachel Reeves laid out Labour’s plan to tackle economic instability with a combination of spending cuts, investment pledges and planning reforms.
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