Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm
Friday, 29 November 2024 Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, as its battle against inflation continues to drag on longer than hoped.
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 company which prints banknotes for the Bank of England is on the brink of an historic takeover that would see it owned by private equity investors for the.. Sky News
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.
READ MORE : http://www.euronews.com/2025/03/18/bank-of-england-expected-to-pause-rate-cuts-despite-contracting-output
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Credit: euronews (in English) Duration: 04:34Published
Donald Trump has threatened to "take a pass" on attempts to secure a peace deal between Ukraine and Russia, as he denied the Kremlin was playing him. Sky News
After meetings in D.C., JD Vance joined Italian Prime Minister Giorgia Meloni for an Easter lunch in Rome. Meloni, who praised her "fantastic" White House meeting, reaffirmed her support for Trump’s stance against "woke ideology." Trump, who has been critical of the EU, made an exception for Meloni, his only invited EU leader in January. Meloni is pushing for U.S. tariffs on the EU to be reduced, promising increased gas purchases and Italian investments in the U.S. Trump accepted her invitation to meet European leaders in Rome, but no date has been set.
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Iran seeks support from Russia ahead of next round of nuclear deal talks with US
The 2015 nuclear deal collapsed with Trump's unilateral withdrawal in 2018, while Iran abandoned all limits on its nuclear activities and enriches uranium to up to 60% purity, near the weapons-grade levels of 90%.
READ MORE : http://www.euronews.com/2025/04/18/iran-seeks-support-from-russia-ahead-of-next-round-of-nuclear-deal-talks-with-us
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Credit: euronews (in English) Duration: 01:00Published
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