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 ÂŁ5, ÂŁ10, ÂŁ20 and ÂŁ50 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 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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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
Royal biographer Hugo Vickers said the King's return to duties is a sign he is "on the way to recovery." Buckingham Palace confirmed today that His Majesty The King will shortly return to public-facing duties after a period of treatment and recuperation following his recent cancer diagnosis. "I think the most difficult thing for him was he was really getting into his stride as head of state and he was doing so much and then suddenly he was confined to base. We'll be very pleased to see him and he'll be delighted to be out and about again," Mr Vickers added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
In a shocking turn of events, a car crashed into the gates of Buckingham Palace, leading to the swift apprehension of the driver by British police. Join us for the latest updates on this developing story. Subscribe now to stay informed!
#BuckinghamPalace #CarCrashintoBuckingham #UKMonarch #UnitedKingdom #RishiSunak #BritishMonarch #KingCharles #Oneindia
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Prime Minister Rishi Sunak has said he doesn't agree with comments made by Tory defector Dan Poulter, arguing it was the 'common sense majority position' of the country to reform the welfare system. 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 said he's not going to accept the return of asylum seekers from Ireland, adding he was confident the Rwanda Bill complied with international obligations. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Humza Yousaf has announced his resignation as Scotland's first minister ahead of forthcoming confidence votes. Mr Yousaf had been battling for his political survival after terminating the power-sharing deal between the SNP and Scottish Greens on Thursday. He entered Holyrood in 2011, first as a regional MSP and then as the representative for Glasgow Pollok five years later. In 2012, he became a junior minister in Alex Salmond’s government, before being promoted to the Scottish Cabinet during Nicola Sturgeon’s premiership. He went on to become the youngest and the first Asian and Muslim first minister in the office’s history. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt has welcomed the cut to National Insurance by visiting a Morrison's store to meet its employees.
He reiterated the government's aspiration to reduce even more of the tax when it was 'responsible' to do so. Report by Alibhaiz. 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 welcomed Dan Poulter to his party, saying his defection speaks for many Tory voters.
Mr Poulter, who is also a doctor, said he is unable to provide NHS patients with quality treatment due to the Tory's mismanagement of the health service. 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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