The Governor of the Bank of England has said inflation is still "far too high" as the bank once again raised interest rates in a bid to control soaring prices.
Following an unexpected jump in inflation in February, Andrew Bailey said: "We need to see it starting to come down progressively and get back to target." Report by Buseld.
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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. Sky News
The governor of the Bank of England said that the UK must āwelcome opportunities to rebuild relationsā following Brexit, as he backs the Chancellorās 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
Ruben Amorim has shown strong faith in his Manchester United squad, despite some external doubts, during his first press conference as head coach. He made it clear that he believes in the players and sees plenty of room for improvement, expressing confidence that the team can grow together. While he acknowledged the challenge of changing tactics mid-season, Amorim stressed that winning games is essential to build momentum. On a personal note, he shared how grateful he is for the support heās received at the club, saying that he already feels at home. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A ācontrolled explosionā has been carried out by Metropolitan Police officers outside the US embassy in Nine Elms, London. It comes after reports of a suspicious package outside the embassy. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Martin Lewis explains what the energy price cap rise will mean for you and talks through the options for billpayers looking for lower tariffs. Ofgem has confirmed household energy bills are to rise again from January 1 as it announced a 1.2% increase to its price cap. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Home Secretary has indicated her support for proposals to legalise assisted dying for terminally ill people, ahead of a Commons vote next week. Yvette Cooper referred to her past backing of similar legislation when it was considered in Parliament several years ago. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Yvette Cooper refused to comment on whether Israeli Prime Minister Benjamin Netanyahu would be arrested if he visited the UK, following arrest warrants issued by the International Criminal Court (ICC) over alleged war crimes in Gaza. Cooper stated, "The ICC is independent, and we respect its position," adding that the UK governmentās focus remains on pursuing a ceasefire in Gaza and addressing the ongoing challenges in the Middle East. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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