The Bank of England cuts its key rate to 4%, the fifth reduction since August last year.
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What the interest rate cut means for you
Changes to the Bank’s base rate can affect mortgage and savings rates.
OpenAI claims GPT-5 model boosts ChatGPT to ‘PhD level’
GPT-5’s release comes as tech firms continue to compete in an effort to claim the world’s most advanced AI.
Faisal Islam: Why has the Bank of England cut rates?
Rates are now at their lowest since March 2023 even though inflation is well above target.
Trump’s sweeping new tariffs take effect against dozens of countries
The president also hit India with a 50% tariff and threatened a 100% levy on foreign-made computer chips.
Apple to invest $100bn after pressure from Trump
The US president has called on Apple to do more of its manufacturing in the US.
Horizon victim sues Post Office and Fujitsu for £4m
This is the first time full details of a complex claim for compensation have been made public.
What economic levers are left for Reeves to pull?
The Chancellor Rachel Reeves is due to deliver her Budget in the autumn.
Reeves must raise tax to cover £41bn gap, says think tank
Sir Keir Starmer defended the government’s handling of the economy but failed to answer a question about taxes.
Trump threatens 50% tariffs on India for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy “unjustified and unreasonable”.