monetary policy committee
Humanists UK has received reassurances from the UK Government that it has no plans to reintroduce laws criminalising blasphemy or restrict freedom of expression around religion. This follows on from a question at Prime Minister’s Questions (PMQs) that urged the Prime Minister to introduce a new blasphemy law in the mould of one suggested by Russia, China, and… Read more »
The Medical Defence Union (MDU) welcomed news that the personal injury discount rate (PIDR) in England and Wales has been increased, potentially saving millions of pounds in the costs of compensation payments. Following a review, the Lord Chancellor Shabana Mahmood MP has determined that, with effect from 11 January 2025, the PIDR in England and Wales… Read more »
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The government could end up making a loss on its investment in the UK banking sector, the deputy governor of the Bank of England has warned. Sir John Gieve also admitted that the Bank knew of unsustainable lending but failed to act. Speaking to BBC’s Panorama, Sir John said: “This is a major storm we… Read more »
Interest rates have been cut to five per cent, as the Bank of England reacts to slow growth in the UK economy and house price falls. Lenders are now under pressure to pass on the 0.25 per cent cut to lenders, with analysts and borrowers expecting the reduction. High London interbank offered rates (Libor) has… Read more »
