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Day: August 7, 2025

​Bank of England cuts rates to 4% in tight vote 

Split decision prompts investors to rein in expectations for further loosening in blow to consumers and businesses 

​Why the left can’t compete at populism 

MPs Starmer exiled from Labour see the chance to ape Reform’s surge but the two sides are not symmetrical 

​Donald Trump calls on Intel chief to resign 

US president alleges that semiconductor industry veteran Lip-Bu Tan is ‘highly conflicted’ 

​Eli Lilly obesity pill disappoints in trial, sending shares down 12% 

Rival Novo Nordisk’s stock jumps 14% 

​China tells officials: fewer meetings, shorter memos, cut the speeches 

Directive suggests 5,000-character limit for documents as Beijing takes aim at bureaucracy 

​Bank of England poised to cut interest rates 

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