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
Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future.
#MarkCarney #CanadaElection2025 #LiberalParty #CanadianPolitics #PrimeMinisterCarney #EconomistToPM #JustinTrudeau #PierrePoilievre #DonaldTrump #CanadaUSRelations #EconomicStability #CarneyVictory #BreakingNewsCanada #MarkCarneyPM #CanadaVotes2025 #CanadianElection #CarneyForPM #LiberalVictory #CarneyVsPoilievre #TrudeauSuccessor #BankerToLeader #CanadaPM #ElectionNightCanada #CarneyPolitics #CanadaBreakingNews #FederalElection2025
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Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has hailed the government's "significant progress" to get NHS hospital waiting lists down by almost a quarter of a million. The chancellor adds the extra funding for the NHS in Wednesday's spending review should help waiting lists fall further. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
If you sat through the entire spending review speech delivered by Rachel Reeves in the House of Commons, you might have been lulled into a sense that the UK was.. Sky News
Chancellor Rachel Reeves has delivered her first spending review in the House of Commons, giving an indication of the government’s priorities and direction of travel until the end of the current decade. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves said council tax will not rise above 5% a year, sticking to the limit set by the previous government. She said the money supports local services like social care and policing. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Friday, cut the Repo rate by 50 bps, to 5.50%. RBI governor Sanjay Malhotra made the.. DNA
David Lammy says his thoughts are with those affected by the "tragic" plane crash in India. The foreign secretary's comments come after it was confirmed 53 British nationals were onboard the plane when it crashed in the city of Ahmedabad on Thursday. Local authorities say there are no survivors. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former GB News presenter Laurence Fox has appeared at Woolwich Crown Court after he was charged with sharing an 'upskirting' photo of TV broadcaster Narinder Kaur and posting the compromising photo on social media. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor says it is "deeply disappointing" that the economy shrunk by 0.3% in April, a figure higher than expected. Mel Stride adds, "this is a budget that's spiralling ever-upwards and this government is failing to get a grip on". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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