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    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

    How the Scottish MPs voted in the assisted dying debate

    How the Scottish MPs voted in the assisted dying debate

    Former Labour MP calls for party to ditch ‘rigged’ voting system

    Former Labour MP calls for party to ditch ‘rigged’ voting system

    Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

    Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

    SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

    SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

    Anas Sarwar should not expect to oust John Swinney yet, says polling guru

    Anas Sarwar should not expect to oust John Swinney yet, says polling guru

    Keir Starmer says he will not support a second independence referendum as Prime Minister

    Keir Starmer says he will not support a second independence referendum as Prime Minister

    Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

    Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

    SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

    SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

    Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

    Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

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    • Business

      Salesforce boss Marc Benioff joins Weev.

      What is a virtual office and why you need one in Central London – Your Company Formations Ltd

      What is a virtual office and why you need one in Central London – Your Company Formations Ltd

      Inflation rises again to new 40-year high

      Inflation rises again to new 40-year high

      Bank of England hikes interest rates to 1.25%

      Bank of England hikes interest rates to 1.25%

      Hiring activity in Scotland slows amid steep decline in staff availability

      Hiring activity in Scotland slows amid steep decline in staff availability

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

    • Sports
      Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

      Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

      Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

      Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

      Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

      Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

      The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

      The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

      Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

      Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

      I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

      I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

      Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

      Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

      ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

      ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

      The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

      The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

      Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

      Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

      Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

      Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

      World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

      World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

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      • Technology
        Argos offers free QLED TVs with one simple deal – how to get yours today

        Argos offers free QLED TVs with one simple deal – how to get yours today

        Everyone to get mobile phone alert as sirens sound for 10 seconds

        Everyone to get mobile phone alert as sirens sound for 10 seconds

        Lenovo IdeaPad laptop praised for everyday use and affordable price

        Lenovo IdeaPad laptop praised for everyday use and affordable price

        EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

        EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

        Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

        Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

      • Health
        Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

        Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

        Brain dead pregnant woman’s family issue update after baby cut from her body

        Brain dead pregnant woman’s family issue update after baby cut from her body

        French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

        French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

        TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

        TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

        10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

        10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

      • Entertainment
        Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

        Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

        Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

        Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

        Former DWP employee warns of two-tier State Pension payments for older people

        Former DWP employee warns of two-tier State Pension payments for older people

        Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

        Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

        Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

        Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

      • Life Style
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      • Education
        Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

        Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

        Pupil referral unit that takes children kicked out of school gets flawless Estyn report

        Pupil referral unit that takes children kicked out of school gets flawless Estyn report

        Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

        Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

        Cardiff University ‘has no God given right to exist’ bosses say

        Cardiff University ‘has no God given right to exist’ bosses say

        Cardiff University cracks down on students protesting on its campus

        Cardiff University cracks down on students protesting on its campus

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      • Home
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      • Politics
        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        How the Scottish MPs voted in the assisted dying debate

        How the Scottish MPs voted in the assisted dying debate

        Former Labour MP calls for party to ditch ‘rigged’ voting system

        Former Labour MP calls for party to ditch ‘rigged’ voting system

        Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

        Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

        SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

        SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

        Anas Sarwar should not expect to oust John Swinney yet, says polling guru

        Anas Sarwar should not expect to oust John Swinney yet, says polling guru

        Keir Starmer says he will not support a second independence referendum as Prime Minister

        Keir Starmer says he will not support a second independence referendum as Prime Minister

        Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

        Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

        SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

        SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

        Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

        Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

        Trending Tags

        • Business

          Salesforce boss Marc Benioff joins Weev.

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          Inflation rises again to new 40-year high

          Inflation rises again to new 40-year high

          Bank of England hikes interest rates to 1.25%

          Bank of England hikes interest rates to 1.25%

          Hiring activity in Scotland slows amid steep decline in staff availability

          Hiring activity in Scotland slows amid steep decline in staff availability

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

        • Sports
          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

          Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

          I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

          I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

          Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

          Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

          ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

          ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

          The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

          The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

          Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

          Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

          Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

          Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

          World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

          World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

          Trending Tags

          • Technology
            Argos offers free QLED TVs with one simple deal – how to get yours today

            Argos offers free QLED TVs with one simple deal – how to get yours today

            Everyone to get mobile phone alert as sirens sound for 10 seconds

            Everyone to get mobile phone alert as sirens sound for 10 seconds

            Lenovo IdeaPad laptop praised for everyday use and affordable price

            Lenovo IdeaPad laptop praised for everyday use and affordable price

            EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

            EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

            Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

            Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

          • Health
            Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

            Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

            Brain dead pregnant woman’s family issue update after baby cut from her body

            Brain dead pregnant woman’s family issue update after baby cut from her body

            French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

            French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

            TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

            TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

            10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

            10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

          • Entertainment
            Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

            Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

            Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

            Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

            Former DWP employee warns of two-tier State Pension payments for older people

            Former DWP employee warns of two-tier State Pension payments for older people

            Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

            Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

            Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

            Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

          • Life Style
          • Travel
          • Education
            Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

            Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

            Pupil referral unit that takes children kicked out of school gets flawless Estyn report

            Pupil referral unit that takes children kicked out of school gets flawless Estyn report

            Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

            Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

            Cardiff University ‘has no God given right to exist’ bosses say

            Cardiff University ‘has no God given right to exist’ bosses say

            Cardiff University cracks down on students protesting on its campus

            Cardiff University cracks down on students protesting on its campus

          • Real Estate
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          Bank of England hikes interest rates to 1.25%

          by Daniel G. Perri
          June 19, 2022
          in Business
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          The Bank of England has raised its interest base rate to the highest point since the start of 2009, as the cost of living continues to soar.

          The Monetary Policy Committee (MPC) set the rate at 1.25% – up from 1% previously – and the fifth increase in a row as it tries to tame runaway inflation.

          It also warned that prices for households across the country might increase even further than previously thought.

          Three of the nine-person MPC voted for an even bigger hike, arguing that rates should rise as high as 1.5%.

          “In view of continuing signs of robust cost and price pressures, including the current tightness of the labour market, and the risk that those pressures become more persistent, the committee voted to increase bank rate by 0.25 percentage points,” it said in a notice.

          For the MPC, which decides on rates, a key concern is inflation.

          The committee is tasked with keeping inflation constant at around 2%, a target it is currently well clear of.

          The cost of living has been soaring for months, with consumer prices index (CPI) inflation hitting a 40-year high of 9% in April when the energy price cap was hiked.

          But things are set to get even worse later this year.

          Experts currently expect that regulator Ofgem could put up energy prices even further, from £1,971 per year to around £2,800.

          This, alongside other pressures in the economy, could lead to CPI topping 11% in October, the bank said.

          Just a month ago it had predicted inflation to peak at above 10%.

          “The economy has recently been subject to a succession of very large shocks,” Bank of England governor Andrew Bailey wrote in a letter to Chancellor Rishi Sunak, setting out why inflation was so much higher than the 2% target.

          “These shocks have pushed global energy and tradable goods prices to elevated levels.

          “Those price increases have raised inflation and, since the UK is a net importer of these items, will necessarily weigh on most UK households’ real incomes and many UK companies’ real profits.”


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          The chancellor has announced multi-billion pound help for struggling households, much of which is set to come in when energy bills rise again in October.

          But it might prove somewhat of a double-edged sword, the bank said, adding another 0.1 percentage points to CPI in the first year.

          In its reports on Thursday, the bank also downgraded its forecast for gross domestic product (GDP) for the second quarter of the year.

          GDP is now expected to drop by 0.3% across the quarter, weaker than anticipated just over a month ago.

          The bank’s base rate has been low since being cut rapidly during the financial crisis. It has risen recently in response to what is happening in the economy.

          It is the first since records began in 1694 that the base rate has been set at 1.25%.

          Kevin Brown, communications manager at Scottish Friendly, commented: “Although the central bank finds itself in a difficult position with factors at play that are outside of its control, we cannot forget that consumers are stuck between a rock and a hard place.

          “Living costs continue to rise and could spike sharply again in October when the new energy price cap comes into effect, and with interest rates going up many UK households are also facing higher borrowing costs.

          “Savers should benefit from rising interest rates, but in a cost-of-living crisis many households will be more concerned with their bills going up, rather than the possibility of earning a few extra pounds on their savings.”

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