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.
Report by Kennedyl. 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 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.
Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of.. Sky News
Chancellor Jeremy Hunt announces UK inflation fell to the lowest level in more than two years, to 3.4%. He would not be drawn on whether the fall would allow him to announce pre-election tax cuts in an autumn statement. Mr Hunt said: “What I’m really saying is that as inflation gets closer to its target, that opens the door for the Bank of England to consider bringing down interest rates, that brings down mortgage rates, that makes a very big difference. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The father of one of the Reading terror attack victims said the families are trusting the judge to make recommendations at the inquest conclusion that will “prevent other families from facing the pain, heartbreak and loss that we must live with every day”. Speaking outside of the Old Bailey on Friday morning, Gary Furlong, the father of James, said: “It is now almost four years since our boys, James, Joseph and David were taken from us in the murderous terror attack by Khairi Saadallah in Forbury Gardens. We waited patiently while the criminal trial and appeal by Saadallah ran their course. We have listened to six weeks of evidence at the inquest into our boys’ death." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The world's first personalised mRNA cancer jab for melanoma is being tested on British patients. Steve Young, 52, from Stevenage, joined a clinical trial after being diagnosed with the potentially deadly form of skin cancer. Dr Heather Shaw, an investigator for the trial, said the jab had the potential to cure people with melanoma and is being tested in other cancers.
“This is one of the most exciting things we’ve seen in a really long time," she said.
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Former Post Office boss Angela van den Bogerd has arrived at the Post Office inquiry on her second day of giving evidence. Ms van den Bogerd, who held numerous positions at the Post Office during her 35-year career, opened her evidence yesterday by saying she is "truly sorry" for the "devastation" caused to wrongly convicted sub-postmasters.
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Labour leader Sir Keir Starmer says his government would transfer the 10 remaining privately run rail networks to public ownership “well within the first term” by folding existing private passenger rail contracts into a new body as they expire. His comments come during a visit to a train manufacturer Hitachi in Newton Aycliffe, Co Durham. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Superintendent Ross Evans from Dyfed Powys Police says a 13 year girl has been charged with three counts of attempted murder. She was arrested yesterday after three people, two teachers and a student, were stabbed at a school in Wales during the morning break. It’s an incident that’s left the local community in shock. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
UK Announces , 80% Spike in Costs , As Energy Crisis Worsens.
Associated Press reports that people
in the United Kingdom are struggling
to cope amid a cost-of-living crisis.
The U.K.'s energy..
Credit: Wibbitz Top Stories Duration: 01:30Published
Business Minister Greg Hands insists the government has given "enormous" support for vulnerable households, as the Bank of England announces a 0.5 per cent growth in interest rates, its biggest hike..
Bank of England Makes , Biggest Interest Rate Hike in 27 Years.
On August 4, the Bank of England raised
interest rates by half a percentage point.
'The New York Times' reports that it
was the..
Credit: Wibbitz Top Stories Duration: 01:31Published