The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

It warned it was facing around an extra £10 million in wage costs in its next financial year from the Budget measures.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The Prime Minister said that ‘we do need to transition to clean power’ while on a visit to the UK National Nuclear Laboratory.

Racing at Thurles on Thursday was abandoned following the second race due to an incident at the final fence that resulted in Michael O’Sullivan receiving medical attention.

Prince Andrew School is the only secondary school on the remote British overseas territory of St Helena, in the South Atlantic Ocean.

The princess visited Southmead Hospital on Bristol, where she spent five nights after her horse-related accident some seven months ago.

Phil Salt’s 43 off 26 balls propelled England to 75 without loss but three wickets fell in eight balls and the tourists never recovered their momentum despite Jos Buttler and Ja ...

UK cinema admissions hit a five-year high in 2024 – but thanks only to a late flurry of big releases in the weeks before Christmas, including Wicked and Paddington In Peru. Some 126.5 million ...

A claim has been received on the £83.4 million EuroMillions jackpot prize from the draw on January 24, operator Allwyn has said. Allwyn said the lucky ticket-holder, who was in possession of their ...

The Prince of Wales said it is important to break down any “taboos and stigmas around mental health” as he met young farmers to discuss rural isolation and loneliness.

The China-based chatbot upended the AI market with its recent emergence as an apparent low-cost alternative to ChatGPT and others.