Bank of England: Vaccine rollout will help economic recovery
Video Credit: ODN - Duration: 00:53s - Published
Bank of England: Vaccine rollout will help economic recovery
Bank of England boss Andrew Bailey has said the UK's vaccination programme will help the economy bounce back sharply later this year towards levels seen before the crisis.
The Bank's governor said the rapid rollout of the programme would help the economy recover from the start of the summer as it allows restrictions to be lifted and gives Britons more confidence to spend.
Report by Thomasl.
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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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The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can be lowered, but things are “moving in the right direction”. For the first time since September 2021, no-one on the nine-person decision-making body that sets interest rates voted for an increase.
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Seven aid workers, including three Britons, who were killed in an Israeli air strike in Gaza have been named. British victims John Chapman, 57, James “Jim” Henderson, 33, and James Kirby, 47, were deployed as part of the World Central Kitchen (WCK) security team. Mr Henderson was a former Royal Marine who was reported due to leave Gaza on Monday. They died alongside American-Canadian dual citizen Jacob Flickinger, 33, Australian national Lalzawmi “Zomi” Frankcom, 43, who was the leader of the relief team, Polish national Damian Sobol, 35, and Palestinian Saifeddin Issam Ayad Abutaha, 25. Report by Bangurak. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former SNP chief Peter Murrell returns home on Thursday evening after being charged in connection with the embezzlement of funds from the Scottish National Party.
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In their first interview, the parents of a sixteen-year-old boy who took his own life just hours after he was blackmailed by a scammer have told ITV News their "whole world has been shattered". Murray Dowey, 16, from Dunblane was contacted on social media by someone claiming to be a young girl but was actually a scammer, who tricked him into sending an intimate image and then blackmailed him with it. Sextortion, is when intimate images and/or videos are recorded and used for financial exploitation and coercion. It is mostly committed by organised criminal gangs overseas. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
In their first interview, the parents of a sixteen-year-old boy who took his own life just hours after he was blackmailed by a scammer have told ITV News their "whole world has been shattered". Murray Dowey, 16, from Dunblane was contacted on social media by someone claiming to be a young girl but was actually a scammer, who tricked him into sending an intimate image and then blackmailed him with it. Sextortion, is when intimate images and/or videos are recorded and used for financial exploitation and coercion. It is mostly committed by organised criminal gangs overseas. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Residents of Mark Menzies's constituency express dismay at allegations made against their local representative.
Fylde MP Mark Menzies lost the Conservative whip after The Times published claims that he had used political donations to cover medical expenses and pay off “bad people”.
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Fylde MP Mark Menzies has lost the Conservative whip as the party investigates claims of misuse of funds. On Wednesday, The Times published claims Mr Menzies had used political donations to cover medical expenses and pay off "bad people” who had locked him in a flat and demanded thousands of pounds for his release. Labour says the police should investigate the allegations of misused funds. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A look at the key figures and dates in the world of politics on February 14 as lockdown-sceptic Tories have piled pressure on Boris Johnson, calling on him to commit to a timetable for lifting..
Credit: PA - Press Association STUDIO Duration: 00:47Published
Europe has been widely criticised for its slow response to the covid-19 pandemic. Christine Lagarde, president of the European Central Bank, discusses the long-term damage and whether things might have..