On the politics, this is a win for Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves. And a big one: just at the point he really needed it after.. Sky News
Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves said the UK is “resolved” to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of protecting British jobs and industry while continuing talks with American counterparts. Report by Covellm. 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
The Bank of England has revealed a quarter point interest rate cut, taking it to 4.25% amid global economic turmoil caused by the US trade war. Sky News
Mark Carney is set to become Canada’s 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 crisis—from 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 Canada’s future.
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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 Bognor Regis Town Crier Jane Smith has made a historic proclamation to mark the 80th anniversary of VE Day, where Allies achieved victory in Europe. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer led the departures from the VE Day service on Thursday. The prime minister was accompanied by his wife Victoria as they left Westminster Abbey following the World War II commemorations. Following closely behind them was London mayor Sadiq Khan, former prime minister David Cameron and his wife Samantha and Rishi Sunak and his wife Akshata Murty. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Several former prime ministers arrived at Westminster Abbey for the VE Day Thanksgiving Service on Thursday. Boris Johnson, Rishi Sunak and David Cameron were among the former leaders attending the service to commemorate the 80th anniversary of World War II ending. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s..