BoE predicts budget measures will lower inflation, and denies uncertainty caused unusual bond market volatility – as it happened

Rolling coverage of the latest economic and financial news, as Bank of England policymakers testify to MPs on the Treasury committee

Moonpig’s use of AI to design and personalise cards drives up sales

About half of purchases involve shoppers using online retailer’s artificial intelligence-led features

European Commission to assess whether Gemini owner is putting rival companies at a disadvantage

Ofgem proposes cutting debt by giving new residents with no supply deal limited credit before they are cut off

Jim Farley’s comments come as US manufacturer and Renault announce deal to make two smaller electric cars

‘Age of diagnosis’ of ‘low-level mental health issues’ such as ADHD making system too costly, Conservative leader says

Why proposals for a shorter working week are winning over teachers and parents – despite the logistical headaches

Most of losses from bounceback loan, furlough pay and eat out to help out fraud not recovered, report finds

The 20,000-capacity venue will feed revenue back into smaller venues to ‘nurture the next generation of breakthrough artists’

Supermarkets investing heavily in promotional deals to pull in customers, Worldpanel finds

It’s sure to leave many mortgage holders feeling short-changed given the RBA’s equally historic 13 rate hikes through 2022 and 2023

Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets

Bank reports 1.1% drop in card spending despite Black Friday boost for retailers

Livery for renationalised railway features red, white and blue alongside familiar double arrow symbol

The future of some of the world’s most prominent media and entertainment businesses hangs in the balance