UK hikes interest rates for first time in 10 years – CNNMoney

U.K. interest rates are doing something they haven’t done in a decade: Going up. The Bank of England hiked its key rate on Thursday from a record low of 0.25% to 0.5%, a shift that economists widely expected. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement […]

European nurses and midwives leaving UK in droves since Brexit vote – The Guardian

The number of nurses and midwives coming to work in Britain from Europe has plunged by 89% since the UK voted to leave the EU, figures have revealed. The sharp fall coincided with a sudden increase in qualified European medics leaving the Nursing and Midwifery Council’s (NMC) register: from 2,435 in 2015-16 to 4,067 in […]

EU nurses ‘turning their backs on UK’ – BBC News

Image copyright Getty Images The decline in EU nurses and midwives wanting to work in the UK since the referendum is continuing, figures show. The trend was first noticed earlier this year, and now a new batch of figures released by the Nursing and Midwifery Council have reinforced the idea that Brexit is having an […]

UK interest rate decision looms – BBC News

Image copyright Getty Images The Bank of England will deliver one of the most closely watched interest rate decisions since the financial crisis later on Thursday. Economists and investors are expecting the first increase in a decade. In September, the Monetary Policy Committee (MPC) laid the groundwork for an increase “over the coming months” if […]

UK bank accused of ‘criminal complicity’ in South Africa scandal – BBC News

Image copyright PA Lord Peter Hain has said a UK bank should be investigated for “possible criminal complicity” in connection with corruption allegations in South Africa. Lord Hain told the House of Lords he had sent print-outs of transactions and named the bank concerned in a letter to Chancellor Philip Hammond. He said the bank […]

National Audit Office to examine UK’s Brexit divorce bill – The Guardian

Whitehall’s spending watchdog will scrutinise Britain’s Brexit divorce bill to make sure it represents value for taxpayers’ money, ministers have been told. Sir Amyas Morse, head of the National Audit Office, told the Treasury select committee that he will examine whether the bill, which is estimated to cost anything between £30bn and £90bn, represents value […]