Govt insists vulnerable households given 'enormous' support
Video Credit: ODN - Duration: 04:02s - Published
Govt insists vulnerable households given 'enormous' support
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 since 1995.
He also claims Russia's invasion of Ukraine is to blame for soaring energy costs across most Western countries.
Report by Brooksl.
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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
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 Ā£5, Ā£10, Ā£20 and Ā£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 ānot yet at the pointā where rates can be lowered, but things are āmoving in the right directionā. 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
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: āWhat Iām 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
Labour leader Keir Starmer has said the government's 'Rwanda gimmick' is not the way to regain control of borders and stop smuggling gangs. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Deputy Conservative chair, Jonathan Gullis, has said the government hopes for 'multiple' deportation flights to Rwanda this summer. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chhattisgarh govt is revamping the surrender policy for Maoists to promote integration. Discussions include FIR criteria and policy changes. Govt's role in FIR.. IndiaTimes
About 85,000 places need to be created for the expansion of funded childcare by September 2025, the government has estimated - but campaigners warned the scheme.. Sky News
Trade Minister Greg Hands insists the economy is āturning a cornerā as Chancellor Jeremy Hunt prepares to deliver his Budget on Wednesday.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak has arrived in Berlin where he is set to meet German Chancellor Olaf Scholz for talks on Wednesday. The topics of the meeting at the Chancellery will include mutual relations, the Russian war against Ukraine and the situation in the Middle East. It comes as Rishi Sunak met in Warsaw, Poland, on Tuesday with Prime Minister Donald Tusk and Nato Secretary General Jens Stoltenberg to discuss security.
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Prime Minister Rishi Sunak has hailed the UK's relationship with Poland, telling his Polish counterpart Donald Tusk they were 'allies for the long term'. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak and Defence Secretary Grant Shapps have visited the Warsaw Armoured Brigade where they met British soldiers - including one of the prime minister's own constituents. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Rishi Sunak has announced a record package of military aid for Ukraine totalling Ā£500 million, which will include some 400 vehicles, 1600 munitions and 4 million rounds of ammunition. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak has joined a trilateral meeting with Polish Prime Minister Donald Tusk and Nato Secretary General Jens Stoltenberg to discuss a military aid package for Ukraine. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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