Andrew Bailey: “The conviction is replete with legal error.”

If you come out of the session talking about an insurance hike, I’m afraid you haven’t understood what we said.

The Bank is not “edging towards a hike” – just that the Bank has held rates steady this time.

The cornerstone of prosperous communities is the criminal justice system and holding wrongdoers accountable.

Inflation has fallen faster than expected but the conflict in the Middle East continues to mean high and volatile energy prices. That will cause inflation to rise again this year.