Economy

Until now, the Bank of England has been more concerned about economic growth and the prospect of Brexit than it has above-target inflation.

Bell Pottinger's demise came after it was accused of running a racially charged PR campaign in South Africa.

Cash-strapped households have been further hit as inflation rose in August.

The collapse in the pound has meant mobile phone prices have rocketed - and customers are holding on to their handsets for longer.

Uncertainty over Brexit in the UK and strong economic data from Europe both contributed to the slump in the British currency.

Demands for the government to deliver a fair deal on transport for the north of England will be made by political and business leaders.

The former chancellor said a line connecting the east and west coasts must be planned for as the Government presses ahead with HS2.

David Davis is hoping to push Brexit withdrawal talks towards discussions on a future trading relationship between the UK and EU.

A record proportion of working-age residents are in a job, according to latest official data.

Bank of England staff will walk out on Tuesday. Credit: PA

A three-day strike by Bank of England workers will go ahead from Tuesday.

Staff in departments including maintenance and security will walk out in a dispute over pay, union Unite said.

The union blamed Bank of England governor Mark Carney for the failure of talks to resolve the issue.

Staff will don Carney masks during a protest outside the Bank's headquarters in the City of London on Tuesday.

Unite accused the Bank of imposing a "derisory" below inflation pay increase for the second year running.

Up to a third of staff will get no pay rise this year, the union said.

Live updates