Banks bosses leave Number 10 amid hike in interest rates
Video Credit: ODN - Duration: 02:29s - Published
Banks bosses leave Number 10 amid hike in interest rates
Bank bosses have left Downing Street after a meeting with the Chancellor Jeremy Hunt to discuss the Bank of England’s decision to raise the interest rate to 5%.
Speaking to reporters, Lloyds Bank boss Charlie Nunn said he was “leaving it to the Chancellor” to make the necessary announcements.
Report by Ajagbef.
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Shadow science secretary Peter Kyle has insisted every one of Labour's policies will be “fully costed and fully funded” after Chancellor Jeremy Hunt accused Labour of resorting to "playground politics".
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Chancellor of the Exchequer Jeremy Hunt accused Labour of using “playground politics” to distract debate from the "biggest divide in British politics” as he gave a speech about tax cuts in central London on Friday.
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Jeremy Hunt will promise further tax cuts if the Tories win the next general election and will accuse the Labour Party of not being honest about how it will fund.. Sky News
Jeremy Hunt has said it is "encouraging" that ONS figures show the UK economy has grown by 0.6% between January and March. The chancellor argues that Labour is the party "gaslighting" the public by saying everything is "going wrong with the British economy" and that the latest statistics show Britain's longer term prospects are "significant". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
More than 70 businesses and producers from the food and farming industry attend the Farm to Fork summit held at Downing Street, including the Rodda’s dairy company, Fischer Farms, Tesco, Aldi and McCain. It comes against a backdrop of challenges for farmers, from an unprecedented wet winter which hit harvests, to trading delays and costs, and ongoing high input costs. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Cabinet ministers arrive at Downing Street ahead of a meeting with Prime Minister Rishi Sunak. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Government ministers arrive in Downing Street for the first Cabinet meeting since the Conservative Party suffered significant losses in last week’s local and mayoral elections. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers depart Number 10 following a cabinet meeting with prime minister Rishi Sunak.
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Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England Governor Andrew Bailey has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chief Secretary to the Treasury Darren Jones has said there are a number of policy initiatives that could help bring inflation down after the Bank of England decided to leave the rate unchanged. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chief Cashier of the Bank of England Sarah John has welcomed the new bank notes featuring a portrait of His Majesty The King. The King welcomed Mrs John and Governor of the Bank of England Andrew Bailey to Buckingham Palace, where he was presented with £5, £10, £20 and £50 notes. These are the first notes which feature the image of His Majesty. Mrs John said it's "a great pleasure to be able to show the King what he's going to look like on the bank notes of the future." Mrs John revealed the bank notes will be released to the general public on the 5th of June. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The King welcomed Bank of England Governor Andrew Bailey to Buckingham Palace, who presented him with the first bank notes featuring his portrait as monarch. The portrait of His Majesty which appears on the notes is based on a portrait that was provided by the Palace to the Bank of England.
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A Moroccan asylum seeker has been sentenced to life in jail for murder, with a minimum term of 45 years, at Teesside Crown Court. In October last year, 45-year-old Ahmed Alid stabbed Iranian Christian convert Javed Nouri at the house he was sharing with other asylum seekers before looking for more victims in Hartlepool town centre. He then stabbed and killed 70-year-old Terence Carney who was out for his regular early morning walk. Alid told police he had committed his crimes out of “revenge” for Israel killing children in the Palestinian conflict. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pastor of Jubilee Church, Tope Koleoso, described the service for 14-year-old Daniel Anjorin as “gentle and peaceful” as dozens of mourners gathered to pay their respects.
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From anti-violence Facebook posts to poetry and pictures with a "national voluntary civil militia" group, the digital footprint of the suspect in the shooting of.. Sky News
The personal fortunes of the prime minister and the King have risen in the last 12 months, according to the Sunday Times Rich List 2024. Rishi Sunak and wife Akshata Murty’s wealth surged from £529m last year to £651m this year. Meanwhile, King Charles’ wealth also grew, rising from £600m last year to £610m this year. This year’s list was again topped by Gopi Hinduja and his family, who control the Hinduja Group, and saw their wealth rise from £35bn to £37.2bn. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mortgage lenders have arrived at Downing Street ahead of talks with Chancellor Jeremy Hunt to discuss the Bank of England’s decision to raise the interest rate to 5%. Virgin Money's David Duffy,..
The European Central Bank has pressed ahead with another interest rate hike, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations.
Credit: euronews (in English) Duration: 01:02Published
Federal Reserve , May Pause Aggressive , Rate Hikes.
NBC reports that with low unemployment and high
inflation, the Federal Reserve is still likely to
increase interest rates to try and cool the..
Credit: Wibbitz Top Stories Duration: 01:31Published
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