Chancellor Jeremy Hunt announces UK inflation fell to the lowest level in more than two years, to 3.4%.
He would not be drawn on whether the fall would allow him to announce pre-election tax cuts in an autumn statement.
Mr Hunt said: âWhat Iâm really saying is that as inflation gets closer to its target, that opens the door for the Bank of England to consider bringing down interest rates, that brings down mortgage rates, that makes a very big difference.
Report by Covellm.
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Education Secretary Bridget Phillipson says the government is âdetermined to get to two and half percentâ of GDP for defence spending which she says is âvery ambitiousâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ahead of Sir Keir Starmer's meeting with Donald Trump this week, Shadow Defence Secretary James Cartlidge says there cannot be a Ukraine peace settlement that is seen as a "win for Russia". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer receives a standing ovation as he states the âScottish people stand with the people of Ukraineâ. Speaking at the Scottish Labour conference in Glasgow the prime minister says: "Nobody wants the bloodshed to continue, least of all the Ukrainiansâ. Sir Keir insists âBritain will take a leading responsibility, we have to be ready to play our role if a force is required in Ukraine, once a peace agreement is reachedâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Hundreds of people march on the Russian Embassy in London, marking the upcoming third anniversary of the countryâs invasion of Ukraine. The demonstration, organised by a coalition of groups under the Ukraine Solidarity Campaign, is showing support for Ukrainians both in the UK and back home. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
An organiser of the Ukraine Solidarity Campaign speaks about his âfrustrationâ of the current political âbetrayalâ around the war in the eastern European country. Referencing Russiaâs â122,000 recorded war crimesâ in Ukraine, Christopher Ford says âthe perpetrator of these crimes could be rewarded with conquestâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Deep under the Bank of England, in a network of vaults into which cameras are rarely admitted, sits the world's second biggest known trove of gold. Sky News
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
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