President-elect Donald Trump said he would consider issuing a pardon for New York City Mayor Eric Adams, who faces federal corruption charges; Trump believes Adams was treated unfairly but admits he hasn’t closely studied the evidence. Adams was accused of accepting gifts and illegal campaign contributions, with Trump suggesting politics may be involved in the prosecution. Despite Adams denying communication with Trump regarding a pardon, Trump hinted at pardoning him due to perceived unfair treatment and political motives behind the charges.
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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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