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.

Wyre Forest District Council has reiterated its commitment to installing electric vehicle chargers in council car parks in the district.

Four independent retailers in the West Midlands have made the shortlist of the 2025 The Farm Shop & Deli Retailer Awards.

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.

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 ...

Two sperate car crashes on a busy main road between Kidderminster and Bromsgrove drove traffic to a halt this morning.