Getty Images The rising cost of living and squeeze on living standards will not ease until next year, the governor of the Bank of England has said. Andrew Bailey said many people in the UK faced a “difficult period” ahead. It comes after the Bank increased interest rates from 0.25% to 0.5% on Thursday and
Month: February 2022
PA Media Four senior aides to Boris Johnson have resigned from Downing Street within hours of each other amid growing pressure on the prime minister. Director of communications Jack Doyle confirmed his exit shortly after the departure of policy head Munira Mirza. They were followed by the chief of staff Dan Rosenfield and senior civil
Getty Images Millions of people facing a spike in energy costs will find out shortly how much more they will have to pay. The energy regulator’s new price cap – the maximum amount suppliers can charge customers for each unit of energy – is likely to add hundreds of pounds onto the annual bill for
Jessica Taylor/UK Parliament Boris Johnson is coming under fresh pressure as three Tory MPs join efforts to oust him as prime minister. Ex-minister Tobias Ellwood said he had submitted a letter of no confidence in the PM earlier, amid the ongoing row over lockdown parties in No 10. He has now been joined by backbenchers
This video can not be played To play this video you need to enable JavaScript in your browser. Long-awaited plans to close the gap between rich and poor parts of the country have been announced by the government. The strategy, unveiled by Levelling Up Secretary Michael Gove, will take until 2030 and aims to improve
Reuters Russian President Vladimir Putin has accused the US of using Ukraine as a tool against his country, and of ignoring Russia’s security concerns. In his first significant comments about the crisis in several weeks, he repeated his opposition to Ukraine ever joining the Nato security alliance. What would happen, he asked, if Ukraine were
Reuters An updated report on lockdown parties in No 10 will be published by Sue Gray once police finish their inquiries, Downing Street has said. Prime Minister Boris Johnson met with Tory MPs on Monday to reassure them and promise a shake-up of how No 10 is run. Ms Gray concluded there was a “failure