Bank of England holds interest rates at 3.75% as Iran war prompts inflation fears

Republican senator’s nomination will now be considered by full Senate, where the GOP appears poised to confirm himSign up for the Breaking News US email to get newsletter alerts in your inboxA key Senate committee on Thursday advanced Markwayne Mullin’s nomination to lead the Department of Homeland Security (DHS) on a near party line vote, a day after the Republican senator faced questions at his confirmation hearing about his approach to Donald Trump’s immigration enforcement agenda and accusations of encouraging violence.Nearly all eight Republicans on the Senate committee on homeland security and governmental affairs voted to advance Mullin’s nomination, with the sole exception of the panel’s chair, Rand Paul of Kentucky, who the day prior had harshly criticized his colleague for comments he made about a neighbor who assaulted Paul in 2017, and an incident six years later in which Mullin readied himself to fight a witness at a committee hearing. Continue reading...

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report saysBusiness live – latest updatesAn extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned.The war and its impact on energy and fertiliser costs is the main risk to the global economy identified in the WTO’s latest Global Trade Outlook. Continue reading...

World-leading laws to be tested ahead of South Australian state election, complicated by Hanson and Bernardi’s political statusGet our breaking news email, free app or daily news podcastCory Bernardi says he will pay for multiple flights with Pauline Hanson in a plane registered to Gina Rinehart’s company amid confusion about whether the trips may contravene South Australia’s new laws banning political donations.Saturday’s SA election is the first since the new laws came into effect. There are a range of exemptions to the ban, but it is not clear if any of them apply to One Nation as parties, candidates and the electoral commission work through the “world-leading” laws for the first time. Continue reading...

UK’s bilateral aid to Africa, which funds programmes such as schools and clinics, to be cut by almost £900m by 2028-29Some of the world’s poorest countries will lose out on UK aid which funds programmes such as schools and clinics due to budget cuts set out by the foreign secretary, Yvette Cooper.The UK’s bilateral aid to Africa will be cut by almost £900m by 2028-29 – a 56% cut – part of more than £6bn in cuts which must be delivered to fund an increase in defence spending. Continue reading...

Exclusive: At least four people have travelled back to the UK by lorry in the last two weeksAsylum seekers who arrived in the UK in small boats and were forcibly returned to France under the controversial “one in, one out” deal have returned to the UK in lorries, the Guardian has learned.When asked about the recent returnees, the Home Office said that people who came back to the UK after removal to France were detained and returned to France at the earliest opportunity. Amnesty International UK has called for “one in, one out” to be scrapped. Continue reading...

Exclusive: Hanne, 16, from Sussex, was denied board on flight to London after weekend in CopenhagenA 16-year-old British schoolgirl has been left stranded in Denmark after she was refused board on a flight to London because of new UK border rules introduced on British dual nationals.Hanne*, from Sussex, was denied board on a flight home on 8 March after a weekend seeing her British father, who is an academic on a short work stint at a university in Copenhagen.Has your child been refused board on a flight because of the new rules? If you want to share your story, email: [email protected]* Names have been changed. Continue reading...

Close relatives of affected post office operators will be able to make claim over harm scandal caused families Family members of post office operators affected by the Horizon IT scandal will be able to claim compensation under a new government scheme.Campaigners have lobbied for compensation in relation to the harm the scandal has caused to the mental health and wellbeing of close relatives who have not been eligible under the redress schemes being run by the Post Office and the government. Continue reading...

Carriers warn they cannot hold off passing on costs for long and some airlines plan to increase flights via AsiaBusiness live – latest updatesEurope’s biggest airlines have said that that the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early.While carriers have partly hedged the price of jet fuel, bosses said they could not avoid passing on additional costs to passengers for long. Continue reading...

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil pricesBank of England holds interest rates at 3.75%Business live – latest updatesThe US-Israel attack on Iran has already driven prices higher and not just at the petrol pumps, the Bank of England said on Thursday in a gloomy assessment of the UK’s economic outlook.An inflation rate that was on track to fall from 3% to the Bank’s 2% target in the coming months is now expected to rise to 3.5%. That is one probable impact of the US and Israel’s war on Iran. Continue reading...

Irish rape crisis charities call display ‘an act of public grooming’ that normalises sexual violenceRape crisis charities in Ireland have condemned a St Patrick’s Day float that mimicked a sexual assault and had signs saying “Epstein files”.Rape Crisis Ireland called the display “an act of public grooming” that normalised sexual violence. Politicians branded it a disgrace. Continue reading...

After a 1,088-day wait, a jury acquitted the man Nichols accused. She describes her experience of the system as a complainant – and explains why she went publicWarning: this article contains graphic testimonyCharlotte Nichols on her rape trial ordeal – podcastSitting in the House of Commons, waiting for the speaker to call her name last week, the MP Charlotte Nichols was doing breathing exercises to try to keep calm. “I was just trying to get myself into the headspace where I could say what I wanted to say without either completely garbling it or just crying or bottling it at the last minute.”She didn’t bottle it. She stood up, asked MPs to be gentle with her, and then went public with her biggest secret. Continue reading...

Covid-related downturns and reductions in alcohol consumption have taken a toll on a once booming industryIn the early 2000s, Chris Bell, then a student at University of Colorado Boulder, followed a common path among people interested in brewing beer. He started doing so at home, then spent years working at established craft beer makers Long Trail Brewing in Vermont and Avery Brewing in Colorado before opening Call to Arms Brewing Company in 2015 in Denver.In a crowded market, the business was successful. Its More Like Bore-O-Phyll beer won a gold medal in the fresh or wet hop ale category at the 2018 World Beer Cup. A local outlet called it one of the city’s best breweries, and it had a 4.7 rating from more than 400 reviews on Google. Continue reading...