European officials are concerned about a possible transfer of drones from China to Russia, with potential consequences that remain unspecified. The comments reflect a shift in stance towards China following Trump’s re-election, with Czech Foreign Minister urging EU countries to support Trump’s policy. Chinese drone production is set to be discussed by European foreign ministers in Brussels, amid concerns about China’s neutrality in the Russia-Ukraine conflict.
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Interest rates live: Bank of England set to cut interest rates in boost for mortgage holders
The UK's base interest rate is expected to drop to its lowest level in over 18 months, with analysts predicting a cut from 4.75% to 4.5% by the Bank of England in its upcoming announcement on Thursday. This decrease is seen as a positive development for mortgage holders, as the base rate influences borrowing costs, including tracker mortgages. The potential rate cut comes amidst falling inflation rates and economic stagnation, with hopes that lower interest...
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