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.
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
The company which prints banknotes for the Bank of England is on the brink of an historic takeover that would see it owned by private equity investors for the.. Sky News
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.
READ MORE : http://www.euronews.com/2025/03/18/bank-of-england-expected-to-pause-rate-cuts-despite-contracting-output
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Credit: euronews (in English) Duration: 04:34Published
Trump has paid tribute to Pope Francis following the Vatican’s announcement of the Pontiff’s death at age 88. But even as condolences poured in, a fiery flashback from 2016 has resurfaced—Trump’s sharp jab at the Pope during their infamous Mexico border wall feud. In this chilling throwback video, Trump warned that if ISIS attacked the Vatican, “the Pope would have only wished Donald Trump were president.”
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The visit of JD Vance has come on the heels of Modi's US trip in February, when the two countries resolved to increase the bilateral trade to $500 billion in.. DNA
Mark Carney’s political rise seemed unlikely—until Donald Trump launched an economic attack on Canada. The former central banker, once trailing in the polls, is now leading a Liberal resurgence in a historic election. Trump’s threats of annexation and mocking of Canada’s economy have ignited a wave of nationalism, boosting Carney’s popularity and shaking up Canadian politics. With conservative Pierre Poilievre mimicking Trump’s rhetoric, Canadians are facing a defining choice. Carney, now Prime Minister, says the U.S. friendship is over—and he blames Trump directly for pushing Canada too far.
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China vows retaliation against countries supporting US-led trade isolation
Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate China in negotiations.
READ MORE : http://www.euronews.com/2025/04/21/china-vows-retaliation-against-countries-supporting-us-led-trade-isolation
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Credit: euronews (in English) Duration: 01:06Published
JD Vance was one of the last people who saw Pope Francis alive, meeting with the pontiff on Easter Sunday at the Vatican in Rome before his death. President.. TMZ.com
A 21-year-old criminology student has been jailed for life with a minimum term of 39 years for the murder of Amie Gray and attempted murder of Leanne Miles on Bournemouth beach. Nasen Saadi of Croydon, south London, fatally stabbed the 34-year-old physical trainer and seriously wounded her friend as the pair were enjoying a late-night chat at the Dorset seaside resort on 24th May last year. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves insists the digital services tax is "hugely important" amid media reports suggesting Britain could slash the levy on big tech companies in order to stave off American tariffs. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves does not "recognise" reports suggesting that ministers are looking at reducing the number of children in England who receive free school meals. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Thomas Tuchel says he “felt tension and pressure on the shoulders” of the England players at last summer’s European Championship and hopes to “turn this around” ahead of his first games as the team’s new manager. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Archbishop of York Stephen Cottrell has paid tribute to Pope Francis, calling him a leader who "touched the hearts of the whole world". Reflecting on their meeting Cottrell said the Pope's legacy is one of unity, humility, and peace. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Scotland’s First Minister John Swinney has paid tribute to Pope Francis, calling his death "deeply saddening" and a moment of heartbreak for the Catholic community. Swinney praised the Pope’s commitment to peace, justice and leadership on global issues including Gaza and Ukraine. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Lib Dem health spokesperson ess Brown-Fuller says NHS delays are driven by a lack of social care, leaving patients stuck in hospital and staff burnt out.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
People in London have shared their thoughts following the death of Pope Francis. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pope Francis has died at the age of 88, the Vatican has announced.
The pontiff made his final public appearance yesterday, where he briefly greeted crowds in St Peter’s Square to mark Easter Sunday.
In a statement, Cardinal Kevin Farrell said: "At 7.35am this morning, the Bishop of Rome, Francis, returned to the house of the Father. His entire life was dedicated to the service of the Lord and His Church.”
His death comes after a recent hospitalisation for bronchitis treatment, where he suffered from pneumonia in both lungs. 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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