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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 Bank of England Central bank of the United Kingdom

Banknote maker in takeover talks

The company which prints banknotes for the Bank of England has revealed it is in takeover talks.
Sky News
Hunt: BoE governor's optimism on economy is encouraging [Video]

Hunt: BoE governor's optimism on economy is encouraging

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

Credit: ODN    Duration: 01:05Published
BoE ‘optimistic’ about cuts despite unchanged interest rates [Video]

BoE ‘optimistic’ about cuts despite unchanged interest rates

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

Credit: ODN    Duration: 01:04Published
Jones: Govt policy changes could help lower inflation [Video]

Jones: Govt policy changes could help lower inflation

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

Credit: ODN    Duration: 00:47Published
Banking Chief welcomes new notes featuring King's portrait [Video]

Banking Chief welcomes new notes featuring King's portrait

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

Credit: ODN    Duration: 00:55Published

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