City AM’s Shadow Monetary Policy Committee voted in favor of maintaining interest rates at 3.75 per cent despite persistent price pressures. Leading economists argue that holding rates is necessary to demonstrate credibility and monitor potential wage-driven inflation while avoiding further economic contraction.

Summary based on City A.M. article

The Oxford Union is proceeding with a debate featuring far-right activist Tommy Robinson despite opposition from local politicians and faith leaders. Critics argue the event provides a platform for hate speech and endangers public safety, while the society maintains it offers members an opportunity to challenge controversial views.

Summary based on Oxford Mail article

Oil prices fell and global stock markets rose following a peace agreement between the United States and Iran that includes reopening the Strait of Hormuz. The deal could reduce global inflationary pressures, potentially influencing upcoming interest rate decisions by major central banks.

Summary based on The Guardian article