Brown accuses Fujitsu of misleading ministers over Horizon
Video Credit: ODN - Duration: 01:23s - Published
Brown accuses Fujitsu of misleading ministers over Horizon
Former prime minister Gordon Brown accuses Fujitsu of misleading ministers over the Post Office’s faulty Horizon IT system.
Speaking to ITV News from the World Economic Forum in Davos, Mr Brown says he hopes the hundreds of victims of the scandal "get justice" - but denies the Treasury, which he was running at the time, made any decisions on the Fujitsu contract.
Report by Blairm.
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Gareth Jenkins, a former engineer at Fujitsu whose evidence was used in the prosecutions of sub-postmasters arrives to give his final day of evidence to the Post Office Inquiry. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Newly-apponinted chancellor, Rachel Reeves, has told the Treasury her central mission in government is to restore economic growth. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
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Gareth Southgate has resigned as manager of the England men’s national football team after almost eight years at the helm. It comes just two days after England’s defeat to Spain in the final of Euro 2024. Despite that disappointment, Southgate has taken the Three Lions to two European Championship finals and a World Cup semi-final during his time in charge. Prince William, President of the Football Association (FA), tweeted his thanks to Southgate for his leadership. The FA says the process to appoint Southgate’s successor has begun, and they aim to have a new manager confirmed as soon as possible. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bowie praised Conservatives' record on defence, calling UK's military one of ''the most advanced and well-equiped'' in the world. The shadow veterans' minister also urged Labour to commit to spending 2.5% of GDP on defence. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer chairs a Cabinet meeting in Downing Street. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
When asked about the upcoming election in the United States, James Murray emphasised the importance of working on relationship between the UK and US which is ''more important than any individual person''. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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