Features - Page 43

Michael Saunders of the Bank of England’s Monetary Policy Committee has indicated that interest rates could exceed two per cent in the coming year as policymakers aim to temper inflation.

Rivertrace Ltd owner Michael Coomber has vacated his role as managing director of the business and been appointed to the new position of executive chairman.

Continued Care, a home care provider operating in the North Yorkshire areas of Harrogate, Knaresborough and Ripon, recently paid tribute to their dedicated staff team at a company celebration evening.

Sri-Lankan British businesswoman and Leaders Council member, Anoma Radkevitch, is the newly appointed director of Bloomsbury Flowers, a 28-year-old florist based in London’s Covent Garden.

UK inflation reached 9.4 per cent in the year to June, after standing at 9.1 per cent in May, according to official figures from the Office for National Statistics [ONS].

The government has granted development consent for the new Sizewell C nuclear plant, situated on the Suffolk coast.

Speaking during an interview with the Skills World Live Radio Show, Leaders Council chair and former Labour cabinet minister, Lord David Blunkett, has hinted that Sir Keir Starmer and his frontbench are considering broadening the Apprenticeship Levy if they get into government.

Trade minister Penny Mordaunt has been eliminated from the Conservative leadership contest, as Rishi Sunak and Liz Truss proceeded to the run-off.

In his final PMQs, Boris Johnson looked back fondly on his time in office and thanked colleagues, before departing the chamber to raucous applause from his own MPs as he bombastically signed off with the film quote: “hasta la vista, baby!"

Mark Flanagan, the chief of the International Monetary Fund [IMF] UK team, has warned that debt-financed tax cuts could be a strategic error which exacerbates inflation.

Earlier today, protestors gathered outside the South African High Commission near Trafalgar Square to call on the SADC (South African Development Community) to support their efforts to bring democracy to Eswatini (formerly Swaziland).

As rising prices continue to erode living standards, the government has announced that millions of public sector workers will be given a pay rise, but not in tandem with inflation.

Former equalities minister Kemi Badenoch is the latest candidate to drop out of contention in the Conservative leadership contest, having finished last in the fourth round of voting on Tuesday.

Labour shadow climate change and net-zero secretary, Ed Miliband, has accused those in the running to succeed prime minister Boris Johnson of “running away” from the UK’s target of hitting Net-Zero carbon emissions by 2050.