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Bank of England governor to join Reeves on key China visit

Sky News Saturday, 21 December 2024
Bank of England governor to join Reeves on key China visitAndrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries.
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Bank of England Bank of England Central bank of the United Kingdom

Bank of England: NI rise could see companies shed workers [Video]

Bank of England: NI rise could see companies shed workers

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

Credit: ODN    Duration: 00:52Published

Interest rates held amid trade war uncertainty

The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump's trade war. 
Sky News

Strong wage growth as Bank of England mulls interest rate decision

Wage growth has remained strong, the latest official figures show, as the Bank of England mulls its interest rate decision.
Sky News
Bank of England expected to pause rate cuts despite contracting output [Video]

Bank of England expected to pause rate cuts despite contracting output

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 Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Credit: euronews (in English)    Duration: 04:34Published
Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. 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: 00:46Published

Rachel Reeves Rachel Reeves British politician (born 1979)

How was the spring statement? Three experts give their verdicts on key policy areas

Chancellor Rachel Reeves delivered her spring statement this week.
Sky News
Reeves: We’re in intense negotiations over tariffs [Video]

Reeves: We’re in intense negotiations over tariffs

Rachel Reeves confirmed the UK is currently in “intense negotiations” with the US over tariffs “across the board”. The Chancellor said she “does not want to see tariffs go up”, highlighting her support for “free and open trade”. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:45Published
Reeves shown first AI-powered strike drone [Video]

Reeves shown first AI-powered strike drone

Rachel Reeves has visited Wellington Barracks in central London after announcing in her Spring Statement that defence spending will increase by 2.5% in GDP. The chancellor and the defence secretary John Healey were shown the first AI-powered strike drone, as they learnt about the work of people on the strategic command's innovation unit. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:10Published
Reeves: I'm not in favour of national service [Video]

Reeves: I'm not in favour of national service

The chancellor says house building commitments in her Spring Statement will benefit young people and that she is "not in favour of national service". Speaking to ITV News, Rachel Reeves adds watching a Sabrina Carpenter concert in a box was "the right thing to do" given her security needs. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:41Published
Reeves: Nation's defences are stronger with spending boost [Video]

Reeves: Nation's defences are stronger with spending boost

Rachel Reeves has outlined her plans to "strengthen our nation's defences", by increasing defence spending to 2.5% of GDP and to build 1.5 million new homes. The chancellor acknowledges that the OBR has downgraded the UK's growth forecast for 2025 from 2% to 1%, but adds, "it has upgraded growth for next year and every year after that". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:34Published

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