The Bank of England has cut interest rates to 4.5%, down from 4.75%.
That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months.
Report by Kennedyl.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. The much-anticipated report from the Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, outlines 88 recommendations to the UK and Welsh governments. Water minister Emma Hardy says she cannot guarantee the government will implement all 88 recommendations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Anyone who advertises Channel crossings or fake passports on social media could face up to five years in prison under new plans. Policing minister Dame Diana Johnson said the government "want to go after the individuals promoting this and hold them accountable for this criminal behaviour".
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ed Kelce -- dad to NFL superstars Travis and Jason Kelce -- is mourning the death of his longtime partner. Ed's girlfriend, Maureen Maguire died peacefully on.. TMZ.com
A young Idaho family is dead just days after posting an adorable video of their son circling his bike around their plane ... with no idea they'd perish inside.. TMZ.com
Conservative leader Kemi Badenoch says she will "reverse" the government's ‘family farm tax’ if she becomes prime minister after the next general election. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch says government’s decision to possibly recognise a Palestinian state is the “wrong thing to do at the wrong time” and “rewards terrorism”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
![Govt: Water system is broken [Video]](https://video.newsserve.net/300/v/20250721/1417140942-Govt-Water-system-is-broken.jpg)
![Government crack down on promoting Channel crossings online [Video]](https://video.newsserve.net/300/v/20250803/1418479318-Government-crack-down-on-promoting-Channel-crossings-online.jpg)
![Tory leader says she will ‘reverse the family farms tax’ [Video]](https://video.newsserve.net/300/v/20250802/1418409916-Tory-leader-says-she-will-reverse-the-family.jpg)
![Tory leader says Palestine recognition ‘rewards terrorism’ [Video]](https://video.newsserve.net/300/v/20250802/1418410496-Tory-leader-says-Palestine-recognition-rewards-terrorism.jpg)
