Responding to the cut, Chancellor of the Exchequer Rachel Reeves said: “Homeowners will welcome this cut in interest rates, but I know that millions of people are still paying higher mortgage rates after the Conservatives mini-budget.
Report by Covellm.
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Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report by Brooksl. 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 cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says it is "clear" she was "upset" at PMQs on Wednesday, adding the reason she was tearful was down to a "personal issue". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer said he has "every faith" in his chancellor, a day after Rachel Reeves appeared tearful at PMQs, sparking rumours about her future. 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, Rachel Reeves and Wes Streeting tour a health facility in east London, as the government sets out its 10-year plan for the NHS. The chancellor could be seen smiling and laughing with her colleagues, a day after appearing tearful at PMQs. 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 sits next to a smiling Rachel Reeves at a health facility in London, a day after the chancellor appeared tearful at PMQs. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has appeared to distance himself from Robert Jenrick, who earlier posted a video on social media claiming Rachel Reeves' career as chancellor was "dead". The shadow chancellor adds, "everybody has their own particular way of conducting their politics". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tributes have poured in for Liverpool and Portugal forward Diogo Jota who has died in a car crash in Spain. The 28-year-old and his younger brother André Silva were both killed in the accident on the A-52 motorway in Zamora. Jota married his long-term partner Rute Cardoso, with whom he had three children, just last month. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has unveiled a 10-year plan to make the NHS "fit to face the future". The prime minister says the government will shift the NHS from a "sickness service" to a health service that "prevents diseases" and embraces technology. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer says the news that Liverpool footballer Diogo Jota has died in a car accident in Spain is "devastating". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn