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Politics.co.uk
Interest rates kept on hold

Interest rates have been kept on hold at 4.75 per cent. This is the tenth month in a row that the Bank of England’s Monetary Policy Committee (MPC) have frozen rates. The Bank of England raises or lowers the underlying rate of borrowing in the UK in an attempt to keep inflation (as measured by… Read more »

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New UK ambassador for Iraq

A new diplomat is set to take on probably the most dangerous UK diplomatic position; that of ambassador to Iraq. William Patey will succeed Edward Chaplin in Baghdad this month. The 51-year-old has extensive experience in the Middle East having been ambassador to Khartoum since 2002 and was head of the Foreign Office’s Middle East… Read more »