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Central bank holds rates days before election, warns next government on fiscal choices

Governor Yaron urges next coalition to cut debt and pursue growth reforms to fund security needs; bank raises forecasts but warns overseas production distorts domestic picture
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Closer EU trade ties greater prize for UK than making separate deals, minister says

Exclusive: Douglas Alexander, on trade delegation to India, talks up economic benefits of joint trading arrangements with Europe

Britain will benefit from much closer trading relations with the EU even if that means giving up its ability to negotiate free trade agreements, the Scotland secretary has said.

Douglas Alexander helped negotiate deals with India and the US when he was a trade minister under Keir Starmer.

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© Photograph: X/Douglas Alexander

© Photograph: X/Douglas Alexander

© Photograph: X/Douglas Alexander

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