Andrew Bailey, the governor of the Bank of England, has insisted “the job is not done” on falling inflation as the Bank of England decides to leave its interest rate at 5.25%.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. 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 has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chief Secretary to the Treasury Darren Jones has said there are a number of policy initiatives that could help bring inflation down after the Bank of England decided to leave the rate unchanged. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chief Cashier of the Bank of England Sarah John has welcomed the new bank notes featuring a portrait of His Majesty The King. The King welcomed Mrs John and Governor of the Bank of England Andrew Bailey to Buckingham Palace, where he was presented with £5, £10, £20 and £50 notes. These are the first notes which feature the image of His Majesty. Mrs John said it's "a great pleasure to be able to show the King what he's going to look like on the bank notes of the future." Mrs John revealed the bank notes will be released to the general public on the 5th of June. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following a surprise decrease in inflation in August, the Bank of England has announced its decision to pause interest rates, in contrast to many of the UK’s neighbours.
Credit: euronews (in English) Duration: 00:42Published
August saw an unexpected decline in Britain's high inflation rate, which dropped to 6.7%, its lowest level since February 2022. Investors have begun to speculate on whether the Bank of England..
HDFC Bank, the country's largest private sector lender, has received approval from the Reserve Bank of India for the re-appointment of its managing director,... IndiaTimes
The RBI has imposed penalties on SBI, Indian Bank, and Punjab & Sind Bank, for violating various regulatory norms. SBI has been fined Rs 1.3 crore for... IndiaTimes
The 30-share BSE Sensex rose by 173.22 points or 0.26 per cent to settle at 66,118.69. The Nifty gained 51.75 points or 0.26 per cent to end at 19,716.45. Among... IndiaTimes
Thursday, 21 September 2023
![Hunt: BoE governor's optimism on economy is encouraging [Video]](https://video.newsserve.net/300/v/20240509/1375098042-Hunt-BoE-governor-optimism-on-economy-is.jpg)
![BoE ‘optimistic’ about cuts despite unchanged interest rates [Video]](https://video.newsserve.net/300/v/20240509/1375094186-BoE-optimistic-about-cuts-despite-unchanged-interest-rates.jpg)
![Jones: Govt policy changes could help lower inflation [Video]](https://video.newsserve.net/300/v/20240509/1375072384-Jones-Govt-policy-changes-could-help-lower-inflation.jpg)
![Banking Chief welcomes new notes featuring King's portrait [Video]](https://video.newsserve.net/300/v/20240409/1372233520-Banking-Chief-welcomes-new-notes-featuring-King.jpg)
!['Premature' to be talking about interest rate cut, Bank of England governor warns [Video]](https://video.newsserve.net/300/v/20230921/1695313355-apos-Premature-apos-to-be-talking-about-interest.jpg)
![Bank of England pauses interest hikes, as several European countries climb [Video]](https://video.newsserve.net/300/v/20230921/1358241248-Bank-of-England-pauses-interest-hikes-as-several.jpg)
![Bank of England's rate hike pause in sight as inflation drops | World Business Watch [Video]](https://video.newsserve.net/300/v/20230921/1695275734-Bank-of-England-apos-rate-hike-pause.jpg)
