The European Parliament has elected Teresa Anjinho as the new European Ombudsman for the 2025-2029 term, succeeding Emily O’Reilly. Anjinho’s appointment follows a competitive selection process where she emphasized effective communication, human rights awareness, and empowering individual complaints. With a vision to launch strategic own-initiative inquiries and foster partnerships, Anjinho aims to strengthen transparency, accountability, and citizen engagement within EU institutions.
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Interest rates live: Bank of England set to cut UK interest rates in boost for mortgage holders
The Bank of England is expected to lower the UK's base interest rate from 4.75% to 4.5%, the lowest level in over 18 months, in an effort to boost the economy and provide relief for mortgage holders. This move comes after inflation unexpectedly fell to 2.5% in December, signaling a need for further stimulus to encourage spending and economic growth. The rate cut is anticipated to impact borrowing costs, particularly for mortgage holders with tracker...
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