Bank of England boss 'more optimistic' of avoiding recession
Video Credit: ODN - Duration: 00:43s - Published
Bank of England boss 'more optimistic' of avoiding recession
The governor of the Bank of England has said although the UK's economy is "not off to the races", he is now "more optimistic" that Britain could avoid going into recession.
Andrew Bailey sought to reassure the public that they would not see a repeat of the 2008 financial crisis, saying: "I'm confident that the banks in this country are in a much stronger position." Report by Buseld.
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The future of the UK economy is weaker and more uncertain due to President Trump's tariffs and conflict in the Middle East, the Bank of England has said. Sky News
A prison van leaves Newcastle Crown Court where two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Drivers across the UK will soon enjoy discounts on dozens of new electric car models after the government announced a £650 million grant scheme worth up to £3,750 per car, as part of the Plan for Change and making owning an electric car a reality for thousands. Roads Minister Lilian Greenwood said: "You can save up to £1500 a year if you switch to electric. If you can charge at home overnight, you can be paying as little as 2p per mile to drive an electric car." Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers depart after a weekly cabinet meeting chaired by Sir Keir Starmer at 10 Downing Street. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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![Men who cut down Sycamore Gap tree jailed [Video]](https://video.newsserve.net/300/v/20250715/1416583166-Men-who-cut-down-Sycamore-Gap-tree-jailed.jpg)
![Men who cut down Sycamore Gap tree jailed for over four year [Video]](https://video.newsserve.net/300/v/20250715/1416580902-Men-who-cut-down-Sycamore-Gap-tree-jailed.jpg)
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![Ministers leave Downing Street after cabinet meeting [Video]](https://video.newsserve.net/300/v/20250715/1416540306-Ministers-leave-Downing-Street-after-cabinet-meeting.jpg)
