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Interest rate held for sixth consecutive month

Sky News Thursday, 9 May 2024
The Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting for lower borrowing costs this month.
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Bank of England governor backs British Retail Consortium on jobs warning over budget

The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses as a result of the budget.
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Andrew Bailey: UK must ‘rebuild relations’ following Brexit [Video]

Andrew Bailey: UK must ‘rebuild relations’ following Brexit

The governor of the Bank of England said that the UK must “welcome opportunities to rebuild relations” following Brexit, as he backs the Chancellor’s plans to boost business investment and growth. Andrew Bailey discussed the importance of economic growth at the annual Mansion House speech in the City of London. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published

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