Bank of England raises alarm on unemployment as interest rates unchanged February 5, 2026 The Bank of England has held interest rates but policymakers warned that the spiralling unemployment rate and weak growth was weighing down on price growth. In its decision on Thursday, the Bank’s Monetary Policy Committee voted 5-4 to leave interest rates at 3.75 per cent. But economists warned that unemployment could jump higher over the [...]
The Mandelson Epstein scandal: Squalid, brazen and outrageous February 5, 2026 Sex, money, power and influence. Peter Mandelson, once a towering figure in Labour, in the government and in the City, has fallen. He is now the subject of a police investigation into allegations of misconduct in public office after thousands of emails contained in the latest Epstein files released by the US Department of Justice [...]
UK construction ‘exits tailspin’ but job losses persist as housebuilding slumps February 5, 2026 The UK’s struggling construction sector showed signs it was turning a corner at the beginning of the year even as job losses and shrinking order books persisted. The latest construction Purchasing Manager’s Index (PMI) from S&P Global – which serves as a headline index tracking industry activity – edged up to 46.4, up from 40.1 [...]
Starmer’s faith in Mandelson was a catastrophic error of judgement February 5, 2026 If Keir Starmer had hoped that his own indignation, doubtless sincerely felt, would put distance between Downing Street and the Peter Mandelson scandal, he was mistaken. Amid dramatic and at times chaotic scenes in the House of Commons yesterday, the Prime Minister was forced into a humiliating u-turn as opposition and Labour MPs united to [...]
Starmer’s authority in doubt as Labour MPs vent fury over Mandelson February 5, 2026 Sir Keir Starmer was under mounting pressure last night after he admitted he had been warned about Peter Mandelson’s relationship with Jeffrey Epstein prior to appointing him as ambassador to Washington. Starmer’s attempts to handle the release of files relating to Mandelson’s vetting process were then thwarted by furious Labour backbenchers demanding independent scrutiny of [...]
Starmer admits he knew of Mandelson’s enduring links with Epstein – but appointed him ambassador anyway February 4, 2026 Sir Keir Starmer has admitted that he knew Peter Mandelson continued a relationship with Jefrrey Epstein after his first conviction before appointing the Labour grandee as UK ambassador to the US. During Prime Minister’s Questions, Starmer said he was aware that Mandelson maintained relations with Epstein after he pleaded guilty for soliciting prostitution of minors [...]
Criminal investigation launched into Mandelson’s Downing Street ‘leaks’ February 3, 2026 A criminal investigation has been launched into Peter Mandelson, according to reports. The news comes after the scandal-hit politician decided to step down from the House of Lords following fresh pressure on the Labour veteran after the latest bombshell drop of the Epstein files. The Lord Speaker said on Tuesday afternoon Mandelson would exit the [...]
Starmer hands police details on Mandelson alleged leaks to Epstein February 3, 2026 Keir Starmer has shared government assessments on Lord Peter Mandelson’s alleged leaking of sensitive information to Jefrrey Epstein with the police after it was confirmed that several parties, including Nigel Farage’s Reform UK, had referred the matter to the authorities. The Cabinet Office shared details on emails from the former business secretary to the paedophile [...]
Farage’s Reform UK backtracks on key benefits policy to support pubs February 3, 2026 Nigel Farage’s Reform UK has ditched its backing of Labour to support the scrapping of the two-child benefit cap as it set out policies to back pubs facing rising costs. In May last year, Farage said the party backed lifting the two-child benefit cap as part of a string of proposals to boost birth rates [...]
Mandelson eyes ‘outsider’ role after quitting Labour over Epstein fallout February 3, 2026 Lord Peter Mandelson had declared a “sea change” in his career after resigning from the Labour Party following the latest batch of Epstein files released last week. Speaking to The Times, Mandelson, freshly departed from Labour after 40 years at the top, said he now wants to “contribute ideas that enable Britain to strengthen and [...]