The European Central Bank has cut rates by a quarter percentage point in response to weakening growth and political uncertainty in France and potential U.S. import tariffs. Despite progress in returning inflation to target levels, the bank foresees a slower economic recovery. The move aims to support growth in the eurozone, where concerns about political instability and job cuts at major firms have dampened investor confidence.
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Baroness faces suspension over offensive racial remark
Baroness Meyer faces a three-week suspension from the House of Lords for making offensive racial remarks towards a peer of Indian origin, including calling him "Lord Poppadom" and touching a black MP's hair without permission. The investigation found her behavior amounted to harassment with a racial element. Additionally, former Labour peer Lord Stone of Blackheath faces a six-month suspension for bullying security staff, with the committee noting his pattern of poor behavior and inability to...
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