Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.

Official figures come after controversial plans to cut sickness and disability benefits were announced this week.

The company is still valued at more than 100 times its earnings – but it faces problems that experts say go beyond questions around its CEO

A report by parliament’s cross-party-transport select committee says accessibility failings are “systematic” across all modes of transport.

The US president, who has previously criticised the central bank, called on it to cut interest rates.

The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.

The giant chipmaker has transformed its annual developer conference from an academic event into a who’s who gathering for the future of artificial intelligence.