Business

Bank of England governor Andrew Bailey told MPs on the Treasury Committee that a rate cut had been taken off the table following the conflict.

Across the UK, the average house price in March was £268,000, marking no change from February, according to the Office for National Statistics.

Tesco has reported that its sales of tinned tuna have risen by nearly 18% in the last two years.

The proposals would see grocers cap the prices of essential groceries such as eggs, bread and milk, according to the Financial Times.

The regulator found two ads for Debenhams – one advertising home products with “44%” savings, and the other featuring various products including a hair styling tool with “21% savings” –…

Payments to affected estates will run over the coming months and are expected to conclude in the first half of 2027, the savings provider said.

The FTSE 100 closed up 6.80 points, 0.1%, at 10,330.55, the Dow Jones Industrial Average was down 0.5% and the S&P 500 fell 0.7%.

The global financial firm processed two payments linked to a sanctioned Russian entity in June and July 2022.

The ONS said the jobless rate rose to 5% in the three months to March, up from 4.9% in the three months to February.

Peter Tutton, director of policy, research and public affairs, StepChange Debt Charity, said: “Whilst the Consumer Credit Act contains important and much needed consumer protections, new steps to move communication…