The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty.
The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern.
Bank of England governor Andrew Bailey says cutting the interest rate from 4.25% to 4% was a "finely balanced decision". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey says there is "genuine uncertainty about the course of the direction" of interest rates, despite today's cut and his belief that the path will continue downwards. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey announces an interest rate cut from 4.25% to 4%, adding that inflation is expected to hit 4% in September. Report by Brooksl. 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
Controversy deepens as President Trump dismisses Jeffrey Epstein’s crimes as a “Democratic hoax,” sparking outrage from Epstein’s accusers who insist their trauma is undeniable. Survivors are calling Trump out publicly, accusing him of trivializing their suffering while demanding accountability
#EpsteinFiles #TrumpNews #EpsteinAccusers #DemocraticHoax #TrumpControversy #BreakingNews #EpsteinScandal #JusticeForSurvivors #TrumpStatement #EpsteinCase #SealedFiles #WashingtonPolitics #EpsteinCoverup #PoliticalFirestorm
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Russian President Vladimir Putin warned U.S. President Donald Trump against imposing tariffs on India and China, calling it a "mistake" to pressure these nations. Putin criticized attempts to undermine their leadership, forged through challenging histories, as misguided. The remarks follow Trump’s 50% tariffs on Indian goods, escalating U.S.-India tensions, and highlight a unified stance among SCO leaders against U.S. economic coercion, signaling a shift in global alliances.
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Trump SNAPPED at a Polish journalist during a heated exchange on Russia at his latest press event. Trump defended his stance on Russia sanctions, pushed back on tough questions, and sparked a fiery clash that’s now making global headlines. Watch the full video of Trump’s explosive remarks and the dramatic confrontation that’s fueling debates on U.S.–Russia policy, NATO ties, and Trump’s leadership style.
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Russian President Vladimir Putin praised U.S. President Donald Trump’s sense of humor in a rare candid moment, referencing Trump’s Victory Day post. Putin reaffirmed that his invitation for Trump to visit Moscow remains open, emphasizing no negative remarks about the U.S. administration were made by strategic partners. The comments signal a warming of U.S.-Russia ties, despite ongoing global tensions, following their Alaska summit.
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Sir Keir Starmer welcomes Spanish Prime Minister Pedro Sanchez to Downing Street, where the pair are to agree a new bilateral deal to remove border checks at Gibraltar. Starmer calls it a "very important day" for his government, praising the work done to secure the agreement and highlighting the close ties between the UK and Spain. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
High-caffeine energy drinks are to be banned for under-16s in England to prevent harm to children's health, the Government has said. The plan will make it illegal to sell energy drinks containing more than 150mg of caffeine per litre to anyone under 16 across all retailers, including online, in shops, restaurants, cafes and vending machines. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The prime minister of Spain Pedro Sanchez arrives in Downing Street, greeted by Sir Keir Starmer, ahead of talks on "shared priorities" including trade, defence and migration. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch criticises Deputy PM Angela Rayner, saying Labour ministers are seeking to raise taxes while she tries to avoid paying her own. She calls the situation "hypocrisy" and says Prime Minister Keir Starmer, who has described tax evasion as a criminal offence, must apply the same standards to his own front bench. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Angela Rayner admits she owes additional tax on her Hove flat, after taking expert legal advice. She says she initially relied on counsel that she was liable for standard stamp duty but later found this was inaccurate due to a family trust. The deputy prime minister has alerted the independent adviser on the ministerial code and HMRC, saying she will pay any tax owed and fully comply. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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