Bank of England warns interest rates will remain high for at least two years

Policymakers vote for quarter-point rise to 5.25% – the 14th hike in a row – but BoE rules out prospect of recession

The Bank of England has warned businesses and households that the cost of borrowing will remain high for at least the next two years as it raised interest rates for the 14th consecutive time to 5.25%.

Ruling out the likelihood of a recession over the next two years, policymakers blamed strong wages growth in recent months for the need to increase interest rates by 0.25 percentage points to the highest level for 15 years.

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Foreign Office failed to notice torture of British academic in UAE, watchdog finds

Parliamentary ombudsman says Matthew Hedges was let down by UK government during imprisonment

The UK’s parliamentary ombudsman has found that the Foreign Office “failed to notice signs of torture” when officials visited a British academic imprisoned in the United Arab Emirates.

Matthew Hedges was convicted on spying charges by the UAE in 2018 after travelling to Dubai to conduct research for his PhD at Durham University. He spent six months in prison, where he has said he had been handcuffed, drugged and questioned for hours, before being pardoned from a life sentence for spying.

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Bibby Stockholm will be housing people within weeks, says Oliver Dowden

Deputy PM ‘confident’ asylum barge will soon be used and that fire safety concerns will be taken into account

Checks are still taking place on a barge designed to house asylum seekers, with the first group due to be housed there within “weeks”, the UK’s deputy prime minister has suggested.

Oliver Dowden said he was confident the Bibby Stockholm in Portland, Dorset, would become operational soon and that the government would “take into account those concerns” when pressed over fears raised about fire safety.

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UK Brexit checks on fresh food from EU delayed for fifth time, reports say

Government source reportedly says there are concerns extra red tape could fuel further inflation

Brexit checks on fresh farm produce coming to the UK from the EU have been delayed for the fifth time, according to reports.

The decision to suspend plans to enforce the controls, which have been applied in the other direction to British exports to the EU since January 2021, is due to be announced imminently, according to the Financial Times.

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Firefighters demand meeting with Bravermen over asylum barge safety fears

Fire Brigades Union questions large numbers kept on Bibby Stockholm and lack of exit points

Suella Braverman is facing demands from firefighters for an urgent meeting over the safety of a giant barge meant for asylum seekers amid a deepening row over whether it is a “deathtrap”.

The Fire Brigades Union (FBU) has questioned a lack of exit points, the narrowness of corridors and increased occupancy on the Bibby Stockholm in a letter sent to the home secretary on Wednesday. Originally built with 222 cabins, the barge is now expected to contain more than 500 people in Portland, Devon.

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Energy bosses at No 10 summit warn investor confidence is waning

Chiefs say UK’s troubled economy and political uncertainty is dampening enthusiasm for clean energy rollout

The bosses behind Britain’s multibillion-pound clean energy rollout have warned the government that the UK’s difficult economic circumstances and political uncertainty have taken a toll on investor confidence.

About 20 industry bosses representing companies from across the sector attended a summit at No 10 to discuss their plans to invest more than £100bn in the UK economy.

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Anti-vaxxer guilty of harassing Matt Hancock on London tube

Geza Tarjanyi barged into former health secretary on train while shouting conspiracy theories

An anti-vaccine protester who accused Matt Hancock of murdering people during the coronavirus pandemic has been found guilty of harassment.

The former health secretary feared being pushed down an escalator by Geza Tarjanyi, 62, of Leyland, Lancashire, who shoulder-barged him and “shouted ridiculous conspiracy theories” on two separate occasions on 19 and 24 January.

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Women’s health at risk from UK aid cuts, Foreign Office warned

Thousands more women will be forced into unsafe abortions and die in pregnancy and childbirth, ministers told

Hundreds of thousands more women will face unsafe abortions and thousands will die in pregnancy and childbirth as a result of UK aid cuts in 2023-24, Foreign Office ministers were warned in an internal assessment.

The Foreign, Commonwealth and Development Office (FCDO) published its programme allocations for the next two years last month, showing that official development assistance (ODA) spend is due to rise marginally in 2023-24 and then increase by 12% in 2024-25 to £8.3bn.

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TUC urges Bank of England to halt ‘reckless’ interest rate increases

Unions say widespread job losses in recent months have left UK ‘teetering on the brink of recession’

The TUC has urged the Bank of England to call a halt to interest rate increases after warning that widespread job losses in recent months have left the UK “teetering on the brink of recession”.

Employment had fallen in more than half of Britain’s 20 industrial sectors in the three months to June, the union body said as it predicted a fresh increase in the cost of borrowing would put tens of thousands more livelihoods at risk.

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Kemi Badenoch casts doubt on electric car targets over job loss fears

Mandate for carmakers to sell increasing number of zero-emissions vehicles could be weakened, business secretary hints

Kemi Badenoch has suggested electric vehicle mandates could hamper investment in Britain and lead to job losses, in a sign that another of the government’s green pledges is in doubt.

The business secretary was discussing the automotive industry’s concerns about a rule to be introduced in January that will require manufacturers to ensure at least 22% of new sales in the UK are of emissions-free models, rising each year to reach 80% by 2030.

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Jailing shoplifters will not address root causes, says senior Tory

Sir Bob Neill criticises government plan for failing to consider mental health and addiction problems of many offenders

Ministers cannot “warehouse” addicts and people with mental health problems who commit crimes such as shoplifting, a senior Conservative MP has said in response to a plan to give shoplifters mandatory sentences.

Sir Bob Neill, the chair of the Commons justice select committee, said the new policy would “pump low-level offenders” into almost-full jails at huge public expense and do nothing to change the “chaotic lives” of offenders.

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Bibby Stockholm asylum barge is ‘potential deathtrap’, say firefighters

FBU to write to Home Office with overcrowding concerns after first group’s arrival delayed due to safety issues on Dorset-based vessel

Firefighters have accused ministers of attempting to house asylum seekers on a “potential deathtrap” after health and safety officials prompted a further delay to the use of a giant barge until next week.

The Fire Brigades Union (FBU) said it is planning to write to the Home Office about overcrowding and access to fire exits on the vessel. The health and safety officials’ intervention had already led to the postponement of the arrival of the first men who were due to stay on the 222-bedroom Bibby Stockholm in Portland, Dorset.

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Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

Australian mining entrepreneur Andrew Forrest criticises ‘clickbait’ fossil fuel plans as others say Britain has lost credibility

The billionaire Australian mining tycoon and investor Andrew Forrest has led international condemnation of the UK’s new oil rush, saying he would pull his major investment from the country if the prime minister pursued “clickbait” fossil fuel policies.

The iron ore magnate, who also runs the Minderoo Foundation philanthropic organisation, threatened to move his investments out of the UK over Rishi Sunak’s swivel towards new oil and gas drilling.

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Government announces nuclear taskforce as row grows over North Sea oil – UK politics live

Taskforce aims to ‘fuel growth in nuclear industry’ as dismay grows over Rishi Sunak’s plans to authorise more licences for North Sea drilling

The average number of migrants crossing the Channel per boat last month was the highest on record, figures show.

Some 3,299 people made the journey in July in 63 boats – an average of about 52 per vessel. This is the highest average since records began in 2018, according to PA news agency analysis of government data.

Bad news for fans of unelected legislatures: Labour is considering abolishing hereditary peers. According to the Sunday Times, Keir Starmer is drawing up plans that could see the immediate removal of hereditary peers if the party is elected, as part of a package of “interim” reforms to modernise and reduce the size of the House of Lords.

Other moves being explored include introducing a mandatory retirement age or stopping hereditary peer byelections (so the current peers can’t be replaced after they leave).

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Jeremy Hunt oversaw signing of San Marino low-tax treaty backed by Tory donor

Exclusive: Maurizio Bragagni, who has given over £700k to Tories and £30k to chancellor, attended event

Jeremy Hunt oversaw the signing of a low-tax treaty with San Marino championed by a leading Tory donor, who with his companies has given more than £700,000 to the party and £30,000 to the chancellor.

Maurizio Bragagni, a prominent businessman and diplomat for San Marino, was present in No 11 when a “double taxation” treaty between the UK and San Marino was signed in May.

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Tuesday briefing: The global fallout from Niger’s coup

In today’s newsletter: The country has been considered stable in an unstable region. So what sparked a coup – and what effects will it have?

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Good morning.

Just a few months ago, the US secretary of state, Antony Blinken, visited Niger and called it a “model of democracy” in the region. Last week those words seemed rather foolhardy, as reports began to emerge of a military coup under way. On Wednesday morning, the country’s presidential guard, a group who were supposed to protect democratically elected leader President Mohamed Bazoum, blockaded the presidential palace. Soldiers appeared on state TV to announce they had removed the president from power, seized control of the government and suspended the constitution. And on Friday, the commander of the guard, Gen Abdourahmane Tchiani, declared himself the leader of Niger in a televised address.

Climate crisis | Rishi Sunak has pledged to “max out” the UK’s oil and gas reserves as he revealed a new round of intensive North Sea drilling, which experts said could be catastrophic for global heating.

War on Ukraine | Within the last few hours Russian air defences shot down “several” drones again targeting the Moscow region, mayor Sergei Sobyanin said, with one hitting a tower that had also been struck on Sunday.

Asylum | The Home Office has been forced to delay moving people seeking asylum on to a controversial giant barge in order to carry out last-minute fire safety checks amid concerns the vessel has not received approval from inspectors.

Land rights | Wild camping is once again allowed on Dartmoor after the national park won a successful appeal against a ruling in a case brought by a wealthy landowner.

Television | Angus Cloud, the actor best known for his role on HBO’s teen drama Euphoria, has died aged 25, his family confirmed on Monday. Cloud died on Monday at his family home in Oakland, California. No cause of death was given. His father had recently died, the statement said, and the actor “intensely struggled with the loss”.

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Shoplifters who commit repeat offences to face prison

Government also plans to make greater use of facial recognition technology as part of crime crackdown bill

Shoplifters, burglars and violent criminals who commit repeat offences will be handed mandatory prison sentences under plans being drawn up by ministers.

The government plans to force judges to impose jail terms when sentencing repeat offenders for shoplifting, burglary, theft and common assault, using new legislation to be included in the crime and justice bill.

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UK to retain EU safety mark in latest Brexit climbdown

Government bows to pressure from industry over costs of switching over to British marking

The UK will retain the EU’s product safety mark indefinitely, in the latest climbdown from proposed post-Brexit changes, after the government bowed to pressure from industry and manufacturers.

The CE (Conformité Européenne) mark is used by the bloc to certify that a wide range of items – from electrical goods and construction materials to medical devices and toys – meet safety standards.

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UK imposes sanctions on Russian judges for sentencing of Putin opponent

British-Russian dissident Vladimir Kara-Murza lost his appeal against a 25-year prison term on Monday

The UK government has imposed sanctions on those involved in the “deplorable” sentencing of the dual-national dissident Vladimir Kara-Murza after a Russian court dismissed his appeal against a 25-year sentence.

Six figures – three judges, two prosecutors and an expert witness – will face sanctions for their role in a “politically motivated conviction”.

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Nigel Farage says new Coutts boss has offered to keep his accounts open

Former Ukip leader is still taking legal action against bank demanding compensation and apology

Nigel Farage has said that the newly installed boss of Coutts has offered to keep his accounts there open, reversing a decision that triggered a scandal and the resignation of the private bank’s previous chief executive.

The former Ukip leader said he welcomed the offer but was still taking legal action against NatWest, which owns Coutts, demanding compensation, a full apology and a face-to-face meeting with the banking group’s bosses.

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