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
Shadow Chancellor Sir Mel Stride blames âa slowing growth pictureâ on the government âtaxing the living daylights out of businessâ after the rate of GDP growth slowed to 0.3% between April and June (compared to 0.7% between January and March). 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 Mel Stride has welcomed the Governmentâs expansion of its âdeport now, appeal laterâ scheme as a step in the right direction. However, he warned it fails to address the lack of a true deterrent at the heart of immigration policy, pointing to the continued high numbers of people crossing the Channel 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
Shadow Chancellor Mel Stride has welcomed the decision to proscribe Palestine Action, calling it a terrorist group that has attacked military assets. He said Parliament acted on security service advice and warned that those breaking the law, including at recent demonstrations, must face consequences. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Mel Stride defends a super injunction obtained by former defence secretary Ben Wallace to block the reporting a data leak relating to Afghan nationals who supported British forces during the Afghanistan War. The shadow chancellor says people could have been murdered and tortured had the Taliban got hold of the information. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Mel Stride, Shadow Chancellor said ''Putting taxes on businesses, borrowing a lot of money and spending a lot of money has kept inflation higher than it otherwise would have been.'' It comes as UK inflation rose to a near 18-month high in June as food prices surged for the third month running, according to official figures. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Scotland Secretary Andrew Bowie says he has âlittle to no confidenceâ Labourâs plans to tackle small boat crossings will work. Speaking after Yvette Cooper announced the first migrant returns to France will begin this month, he said the Government has âso far seen no dentâ in crossings and must show real results before the next election. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bowie has branded Sir Keir Starmerâs reshuffle âthe shuffling of deck chairs on this Titanic of a governmentâ. The Shadow Scotland Secretary said the Prime Minister had âno confidenceâ in Chancellor Rachel Reeves, accusing him of creating a new role for Darren Jones to tighten his grip on economic policy. Bowie said Labour is âfailing on all frontsâ. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
After a summer dominated by criticism over the small boats crisis and asylum hotels, Labour says it's planning to overhaul the "broken" asylum system. Sky News
Education Secretary Bridget Phillipson defended Labourâs deputy leader Angela Rayner over claims she avoided paying stamp duty, insisting Rayner had âfollowed all of the rules.â
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A criminal who shot dead the prison officer who found an illicit phone in his jail cell has been jailed for life with a minimum 45 years before parole. Elias Morgan, 35, gunned down father-of-three Lenny Scott, 33, who had found the phone which revealed Morgan was in a sexual relationship with a female prison officer, Preston Crown Court heard. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Armed robber Elias Morgan has been jailed for life with a minimum term of 45 years for murdering prison officer Lenny Scott in Skelmersdale. Det Ch Insp Lee Wilson called Scott âa big strong kind man⊠who paid the ultimate priceâ and described Morgan as âa small cowardly evil individualâ who killed him in revenge for seizing a phone from his prison cell. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Zack Polanski has been elected as the new leader of the Green Party of England and Wales following a national ballot of members. Returning Officer Stewart Christie confirmed the London Assembly member received 20,411 votes in a national ballot, beating off a rival joint bid by Green MPs Ellie Chowns and Adrian Ramsay â who secured 3,705 votes. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Newly-elected Green Party leader Zack Polanski vows to âreplaceâ Labour after using his victory speech to slam the governmentâs stance on Gaza, the two-child benefit cap and cuts to disability payments. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Cabinet ministers have gathered at Downing Street for their first meeting with Sir Keir Starmer since Parliament returned from its summer recess. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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..
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..