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UK business and consumer confidence jumps; Brent crude hits $70 – business live | Business

Pearson’s offices in London. Photograph: Neil Hall/Reuters Pearson is to slash office space in a shift to more permanent home working, as the education...

Rates may have to rise sooner to tame inflation threat, says Bank economist | Business

Central bank complacency risks letting the “inflation tiger” out of the bag, a senior Bank of England policymaker has said. Adding to market jitters about...

UK consumers likely to hold off spending on socialising, senior Bank official predicts | Business

Concerns about mutant strains of Covid-19 could depress some types of consumer spending after lockdown eases, one of the Bank of England’s most senior...

Pound rallies as negative interest rates seen less likely – business live | Business

The Bank of England took a step closer to introducing negative interest rates for the first time on Thursday, after it gave lenders six...

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