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.
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
In a fiery political escalation, White House Press Secretary Karoline Leavitt took direct aim at Zohran Mamdani â the presumptive Democratic frontrunner in the New York City mayoral race â accusing him of embodying âradicalâ left-wing ideals. Labeling Democrats as âdoubling down on craziness,â Leavitt claimed Mamdani's policies threaten the âvery fabric of the country.â
The attack reflects growing Republican unease with Mamdaniâs rising influence, particularly after his viral interview clip showed him eating biryani with his hands while championing Third World-inspired politics. With his open support for Palestine, socialism, and progressive reform, Mamdani has drawn praise and vitriol in equal measure. As Trumpâs White House attempts to frame the 2025 elections as a choice between order and chaos, Mamdani is emerging as a lightning rod in the cultural and political battlefield. The clash signals a deeper national confrontation brewing around race, identity, and radicalism.
#ZohranMamdani #NYCMayoralRace #KarolineLeavitt #WhiteHouseAttack #RadicalLeft #DemocratsVsGOP #USPolitics #TrumpEra #MamdaniUnderFire #NYCPolitics #PalestineSupport #BiryaniPolitics #IdentityPolitics #PoliticalDrama #ProgressiveAgenda #RepublicanPushback #LeavittVsMamdani #MayoralElection2025 #CultureClash #LeftVsRight
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The White House is drawing comparisons between Israeli PM Benjamin Netanyahuâs corruption trial and Donald Trump's own legal troubles, calling both politically motivated âwitch hunts.â Trumpâs team has voiced strong empathy, with spokespersons saying he sees Netanyahu as a fellow target of a biased judicial system. The statement comes as both leaders battle mounting legal pressure, framing their court cases as attacks from political enemies. Trump, in recent posts, urged for Netanyahuâs trial to endâunderscoring growing solidarity between the embattled leaders.
#TrumpNews #NetanyahuTrial #CorruptionCharges #GazaWar #GlobalPolitics #TrumpSupport #BibiNetanyahu #JusticeSystem #PoliticalDrama #WitchHunt #TrumpIndictments #IsraelNews #MiddleEastNews #GazaCrisis #USIsraelRelations #LegalFight #NetanyahuSupport #TrumpStatements #BibiTrial #WhiteHouseNews #BreakingNews
#IsraelNews #MiddleEastNews #GazaCrisis #USIsraelRelations #LegalFight #NetanyahuSupport #TrumpStatements #BibiTrial #WhiteHouseNews #BreakingNews
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The White House is doubling down on President Donald Trumpâs controversial "$3.3 trillion Big Beautiful Bill,â calling it the largest tax cut in American history. At a press briefing, the Press Secretary emphasized the billâs core goal: delivering relief to everyday, working-class Americans. Framing it as a win for the middle class, the administration claims the package not only reduces taxes but also rebalances the economic scales. Critics, however, warn of soaring deficits, potential slashes to Medicaid, and threats to renewable energy incentives. As GOP lawmakers remain divided on spending cuts and debt ceiling increases, this bold push represents Trumpâs defining legislative gamble before July 4. With the Senate preparing for a vote-a-rama, the future of this bill could reshape America's fiscal trajectory â or spark fresh political chaos.
#TrumpBill #TaxCuts #BigBeautifulBill #MiddleClassRelief #USPolitics #GOPTaxPlan #TrumpEconomy #DebtDebate #SenateVote #USBudget #TrumpWhiteHouse #PressSecretary #TaxReform #WorkingClassAmerica #RepublicanSplit #DebtCeiling #HistoricLegislation #Trump2025 #FiscalPolicy #WhiteHouseNews
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A Texas Republican Congressman, Brandon Gill, sparked outrage after making a racist remark against Indian-origin New York politician Zohran Mamdani for eating biryani with his hands. Gill reshared a video of Mamdani eating during an interview and wrote, âCivilized people in America donât eat like this. Go back to the Third World.â
The video showed Mamdani discussing taboo topics in U.S. politics while calmly eating. Ironically, Gill is married to Danielle DâSouza, daughter of Indian-American commentator Dinesh DâSouza. Social media erupted, highlighting hypocrisy and sharing photos of Trump eating with his hands. Gill has a history of racist rhetoric, recently posting two contrasting pictures of Los Angeles to argue against immigration. Mamdani, born in Uganda and raised in NYC, was explaining how his worldview on Palestine is shaped by his Third World roots. The comment by Gill has triggered a larger debate on race, culture, and what defines âAmerican values.â
#ZohranMamdani #BrandonGill #RacismInPolitics #TexasCongressman #IndianOrigin #BiryaniGate #ThirdWorld #CulturalRacism #Islamophobia #PalestinePolitics #AmericanValues #TrumpHypocrisy #RightWingRacism #EndWokeness #DineshDSouza #DanielleDSouza #UgandaToNYC #NewYorkPolitics #GOPControversy #MamdaniSpeaks
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The Allahabad High Court denied bail to a 62-year-old man accused of sharing a "Pakistan Zindabad" post on Facebook. Justice Siddharth stated that judicial.. IndiaTimes
The England womenâs national football team have arrived in ZĂŒrich for the start of the European Championship in Switzerland. Euro 2025 kicks off on Wednesday, with Englandâs first Group D match against France taking place on Saturday evening. The Lionesses were visited by Prince William at St Georgeâs Park earlier on Monday before flying out to Switzerland. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Beachgoers in Brighton enjoy the hot, sunny weather as temperatures surpassed 30C in England on Monday. Heathrow Airport recorded the highest temperature of the day so far with a high of 33C. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tennis fans arrive in southwest London for the what is expected to be the hottest ever opening day of the Wimbledon Tennis Championships. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ben Askren has undergone double lung transplant surgery ... and following the procedure, his wife shared she's now full of optimism about his future. Amy Askren.. TMZ.com
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