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
The Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting for lower.. Sky News
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
A British man who allegedly plotted the arson attacks on Ukrainian-linked businesses in London for the Wagner Group is set to face trial next year. Dylan Earl is the first to be charged under the new National Security Act 2023. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Christopher Berry, 32, and Christopher Cash, 29, have appeared at the Old Bailey accused of providing prejudicial information to China. They have been told they will face trial next year. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer says Labour will end the Rwanda policy permanently, adding it is a "gimmick not a solution". The Labour leader says his party will use new counter-terrorism powers to tackle people-smuggling gangs bringing migrants across the Channel in small boats and establish a new Border Security Command. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
Lord Cameron has warned Britain and the wider West is "at a crossroads" at the Lord Mayor's Banquet in London and that "our adversaries will write our future for us" if countries fail to act. The foreign secretary added he would like the fighting to stop in Gaza "now", but that calling for an immediate ceasefire "does not make that more likely". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
CNBC’s Steve Liesman reports on the Federal Reserve’s decision to raise its benchmark interest rate by 75 basis points, the fourth rate hike since March 2022. The central bank has been waging an..
Yahoo Finance reporter Brian Cheung breaks down the Federal Reserve's latest rate hike and what the central bank may do going forward as they combat inflation
![Hunt: BoE governor's optimism on economy is encouraging [Video]](https://video.newsserve.net/300/v/20240509/1375098042-Hunt-BoE-governor-optimism-on-economy-is.jpg)
![BoE ‘optimistic’ about cuts despite unchanged interest rates [Video]](https://video.newsserve.net/300/v/20240509/1375094186-BoE-optimistic-about-cuts-despite-unchanged-interest-rates.jpg)
![Jones: Govt policy changes could help lower inflation [Video]](https://video.newsserve.net/300/v/20240509/1375072384-Jones-Govt-policy-changes-could-help-lower-inflation.jpg)
![Banking Chief welcomes new notes featuring King's portrait [Video]](https://video.newsserve.net/300/v/20240409/1372233520-Banking-Chief-welcomes-new-notes-featuring-King.jpg)
![Man accused of arson plot for Wagner Group appears in court [Video]](https://video.newsserve.net/300/v/20240510/1375160382-Man-accused-of-arson-plot-for-Wagner-Group.jpg)
![Two men face trial next year over alleged spying for China [Video]](https://video.newsserve.net/300/v/20240510/1375160272-Two-men-face-trial-next-year-over-alleged.jpg)
![Starmer unveils plan to tackle small boat crossings [Video]](https://video.newsserve.net/300/v/20240510/1375151554-Starmer-unveils-plan-to-tackle-small-boat-crossings.jpg)
![Hunt: Latest UK economic growth is encouraging [Video]](https://video.newsserve.net/300/v/20240510/1375145204-Hunt-Latest-UK-economic-growth-is-encouraging.jpg)
![Cameron: West must act against adversaries for bright future [Video]](https://video.newsserve.net/300/v/20240510/1375142286-Cameron-West-must-act-against-adversaries-for-bright.jpg)
!["JPMorgan says it expects U.S. Fed to hike interest rates by 75 basis points " [Video]](https://video.newsserve.net/300/v/20220806/1659786029-quot-JPMorgan-says-it-expects-Fed.jpg)
![Federal Reserve raises rates by 75 basis points as it ramps up fight against inflation [Video]](https://video.newsserve.net/300/v/20220806/1659770430-Federal-Reserve-raises-rates-by-75-basis-points.jpg)
![Federal Reserve raises interest rates by 75 basis points [Video]](https://video.newsserve.net/300/v/20220806/1659770429-Federal-Reserve-raises-interest-rates-by-75-basis.jpg)
