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An independent interest rate setter at the Bank of England who has consistently favoured restrictive monetary policy said on Wednesday that she is prepared to “move big” on cutting interest rates once it is clear inflation has stabilised. Catherine Mann,…
The UK economy stagnated in July, marking the second consecutive month of zero growth. Official figures showed the economy flatlined in July, below the 0.2 per cent growth in gross domestic product (GDP) forecast by economists. The economy expanded by…
An aristocratic family who can trace their lineage back to the Norman conquest will receive a reduced annual dividend of £44 million this year after a sharp fall in the value of their vast Marylebone property portfolio. The value of…