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Britain’s new ambassador to Washington, Peter Mandelson, has faced criticism and pressure over his friendship with paedophile Jeffrey Epstein. In an interview with the Financial Times, Mandelson expressed regret for meeting Epstein and dismissed questions about their relationship with a foul-mouthed rant, accusing others of being obsessed with the issue. Despite the controversy, Mandelson has taken up his role as ambassador, navigating diplomatic challenges amid scrutiny of his past associations. Full Article

Rachel Reeves received a boost with the Bank of England cutting interest rates to aid economic growth, benefiting businesses and mortgage holders. However, growth expectations were halved due to increased NHS spending in her Budget, leading to projections of rising inflation. Despite calls for her to do more for struggling businesses, Downing Street reiterated support for Reeves to remain Chancellor for the entirety of the Parliament. Full Article

On Thursday, Labour MPs addressed an urgent question regarding Donald Trump's claim that the US would "take over" Gaza, where he suggested relocating Palestinians to turn it into a luxurious destination. Thirty-eight Labour MPs urged Sir Keir Starmer to oppose Trump's plans, calling it "ethnic cleansing". Despite not directly addressing the issue during Prime Minister's Questions, Sir Keir planned to discuss the matter with the US president. Full Article

President Trump's administration has temporarily exempted a U.S. contractor, Proximity International, from a funding freeze to support police in a Syrian desert camp holding ISIS members. The exemption aims to prevent an ISIS resurgence amid Syrian instability. The contractor trains local security forces in Al Hol, housing 39,000 ISIS members, and was granted a one-month waiver, with concerns remaining about long-term security. Full Article

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...

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...