Kevin Peachey Cost of living correspondent Getty Images The Bank of England is expected to keep interest rates on hold when its policymakers announce their next decision later. The Bank cut the rate to 4.25% in early May, when its Monetary Policy Committee (MPC) also hinted at more reductions to come. But analysts think those...
People and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank. The Federal Reserve stuck with that strategy on Wednesday, voting to leave its key interest rate unchanged. The decision marked the fourth in a row...
The European Central Bank (ECB) has cut its key interest rate for the eighth time in just over a year as it warned about continuing pressure on the eurozone from Donald Trump’s tariffs. The main rate has been reduced from 2.25% to 2% by the ECB, which sets rates for the countries that use the...
Rail users in the South West say they will be watching “with interest” to see what changes could be delivered after South Western Railway was renationalised. SWR was brought into public ownership on Sunday and the Department of Transport is now responsible for it until the Great British Railways is created later in the year....
Bayer Leverkusen’s Florian Wirtz is one of the most in demand midfielders in football and many expected him to be the natural successor to Kevin de Bruyne at Manchester City. But BBC Sport understands Pep Guardiola’s side are withdrawing their initial interest in the German international owing to the soaring costs of any deal. It...
Moyes also responded to recent comments by Abdoulaye Doucoure, who is one of 13 players out of contract at the club this summer. Midfielder Doucoure, who has two caps for Mali, spoke on former goalkeeper Ben Foster’s podcast this week and said there had been “no talks” over a new deal. The 32-year-old went on...
United will be expected to reach a Europa League final against either Tottenham or Bodo/Glimt after their 3-0 semi-final first-leg win over Athletic Bilbao. On the 133 occasions a side has won an away leg in a European match by three goals or more, that team has made it through 133 times. Under normal circumstances,...
Bodo/Glimt head coach Kjetil Knutsen should be applauded “all the way to the airport” should he leave the over-achieving Norwegian club. As they prepare to face Tottenham in the Europa League semi-final on Thursday, Knutsen has been the subject of links to Leeds and Scottish giants Rangers. Technical director Havard Sakariassen told BBC Sport he...
Vishala Sri-Pathma BBC business reporter Getty Images The IMF predicts that the UK will have higher than expected inflation this year for the Bank of England to battle. The Bank of England could cut interest rates three more times this year, as the UK grapples with higher-than-expected inflation, the International Monetary Fund (IMF) has said....
Donald Trump has attacked the head of the US central bank for not cutting interest rates, stating that Jerome Powell’s “termination cannot come fast enough!”. The US president took to social media to renew his criticism of Powell ahead of the third interest rate cut this year by European Central Bank (ECB). On Thursday, it...
Goalkeeper Martin Dubravka is back on the Celtic radar despite the 36-year-old signing a new deal at Newcastle United in February. (Chronicle Live), external Fabio Cannavaro has been sacked by Dinamo Zagreb, which may throw Celtic and Scotland left-back Greg Taylor’s proposed move to Croatia into doubt. (Scottish Sun), external Rangers winger Vaclav Cerny has...
