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Chancellor says she can be trusted with the UKs finances despite claims she misled the public
Posted onJennifer McKiernanPolitical reporter Laura Kuenssberg presses Rachel Reeves on whether the public was misled before Budget Chancellor Rachel Reeves has rejected claims she misled the public about the nation’s finances in the run-up to her Budget. Reeves was challenged on the BBC to explain why she had repeatedly warned about a downgrade to the UK’s…
US Fed holds interest rates and defends central bank independence
Posted onTwo Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
Honesty boxes should be dying like cash. But many are flourishing
Posted onKevin PeacheyCost of living correspondent BBC Annabelle says some customers travel for miles to buy her cookies from her honesty box Honesty boxes: traditionally found on rural lay-bys, offering local produce like eggs and apples in exchange for a small donation. With cash use falling, they might be expected to disappear – a roadside relic…
JLR factory production lines resuming hailed as ‘significant moment’
Posted onRange Rover production lines in Solihull have resumed, according to car maker Jaguar Land Rover (JLR). About 1,000 employees also started work in the car maker’s Wolverhampton engine plant on Wednesday, it said, marking a “significant moment” on its journey back to full vehicle production. The company revealed on Monday it had suffered a sharp…
