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
Mark Carney is set to become Canadaâs 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 crisisâfrom 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 Canadaâs future.
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Shadow Chancellor Sir Mel Stride describes Aprilâs rise in inflation to 3.5% as âpretty shockingâ and says they are âdown to government choicesâ, citing public sector pay rises and increases in employers' National Insurance. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Sir Mel Stride welcomed the UKâs 0.7% growth but warned itâs "no time to pop champagne corks." He pointed to signs of a slowdown in March and rising pressures on businesses from tax and regulatory changes. Stride said wider forecasts still predict weaker growth ahead, warning the economy faces "stress and strain" despite this short-term boost. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride warns that the UK could face higher prices, job losses, and lower wages without a trade deal with the US. He said that businesses, investors, and stock markets are unhappy, urging the government to accelerate negotiations and secure a deal quickly to avoid economic difficulties. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Comedian and actor Russell Brand departs from Southwark Crown Court after he pleaded not guilty to charges of rape and sexual assault. He is accused of raping a woman in a hotel room while she attended a Labour Party conference in Bournemouth, and grabbing a TV workerâs breasts and orally raping her after dragging her into a male toilet. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Comedian and actor Russell Brand arrives at court to enter pleas to sex offence charges including rape and indecent assault. The 49-year-old appeared at Westminster Magistratesâ Court earlier this month where he heard details of allegations against him â including that he raped a woman in a hotel room when she attended a Labour Party conference. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Work and Pensions Secretary Helen Whatley says the governmentâs plan to release prisoners early is âalarmingâ. According to Whatley, Labour have made a âmess of their early release scheme, including accidentally releasing prisoners like violent domestic abusersâ.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government says it's taking "decisive action" to tackle the environmental damage and health risks caused by single-use vapes. Nature minister Mary Creagh says vapes are being sold at âpocket money pricesâ to children under 18 and warns it wonât hesitate to bring in more rules. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A van carrying the man accused of driving into crowds during Liverpool FCâs victory parade departs from court. Paul Doyle, appeared at Liverpool Crown Court, where a trial date was set for November. He faces seven charges after 79 people were hurt in Mondayâs incident. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A vape industry leader says banning disposable vapes may do little to reduce waste and could even boost the black market. John Dunne, from the UK Vaping Industry Association, said the ban doesnât change consumer behaviour or stop imports, warning: âWe think this is going to fuel the black market.â Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A GP has welcomed the ban on disposable vapes, saying they are too easily available to young people. Dr Natalie Rout said sheâs seen children as young as 12 using them, and that the new ban could help limit access. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The BBC has been ordered to pay Gerry Adams ÂŁ84,000 after he won a libel case against the broadcaster. Adams said the case was about âputting manners on the BBCâ and claimed it was out of step with the peace process in Ireland. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published