In the headlines
The Bank of England has kept interest rates at 5.25%, says the FT, “as evidence grows that inflation is slowing”. It’s the first time the Bank hasn’t raised borrowing costs in its regular announcements since the end of 2021. India has suspended visas for Canadians, after Ottawa linked the murder of a Sikh separatist on Canadian soil to the Indian government. The two countries have also expelled some of each other’s diplomats, while New Delhi has warned citizens of “growing anti-India activities and politically-condoned hate crimes” in Canada. The King addressed France’s senate this morning as part of his three-day state visit. He spoke, partly in fluent French, of the “rich and complex tapestry” of Franco-British relations, and the “golden thread” of his mother’s relationship with France. It follows a formal banquet last night, where guests including Mick Jagger and Hugh Grant dined on blue lobster and 30-month-old Comté cheese.