Bank of England governor to join Reeves on key China visit

Bailey: Interest rate cut was a finely balanced decision

Bank of England governor Andrew Bailey says cutting the interest rate from 4.25% to 4% was a "finely balanced decision". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Bailey: Uncertainty about path of future interest rates

Bank of England governor Andrew Bailey says there is "genuine uncertainty about the course of the direction" of interest rates, despite today's cut and his belief that the path will continue downwards. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Bank of England cuts interest rate to 4%

Bank of England governor Andrew Bailey announces an interest rate cut from 4.25% to 4%, adding that inflation is expected to hit 4% in September. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Govt: Water system is broken

The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. The much-anticipated report from the Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, outlines 88 recommendations to the UK and Welsh governments. Water minister Emma Hardy says she cannot guarantee the government will implement all 88 recommendations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Rachel Reeves defends Rushanara Ali in rent row

Chancellor Rachel Reeves has defended Rushanara Ali in a row over the homelessness minister increasing the rent on her East London property, saying she seems to have done "everything in accordance with the law". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Rachel Reeves welcomes interest rate cut to 4%

Chancellor Reeves says she "welcomes" the interest rates cut from 4.25% to 4%, adding it's "good news" for homeowners, people trying to get onto the housing ladder and businesses that are "borrowing to grow". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Reeves visits Port Talbot to announce new funding

Chancellor Rachel Reeves visits Port Talbot, where she proposes how £143 million of government funding will secure over 130 disused coal tips in Wales. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn