Joe Nellis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor ...

For the 14th time in a row, the Bank of England has raised interest rates to nauseating highs spelling more misery for mortgage holders.

UK households are unlikely to feel significant benefits from the fall in the inflation rate announced today, experts have said.

Rates will remain at level until summer 2024 after Bank of England hikes benchmark rate by half a percentage point

Bank raises base rate to 5% and is predicted to go to 6% as pressure grows on government to intervene