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.
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursdayās 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
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
It was a win as resounding as it was historic - Kirsty Coventry becoming the first African and the first woman to assume the most powerful and prestigious role.. Sky News
Khamenei, has strongly condemned the U.S. for its recent strikes on Yemenās Houthi rebels, calling them a "crime that must be stopped." His remarks come after the U.S. launched heavy attacks, killing several Houthi officials. Khamenei accused Washington of fueling instability in the region and warned of consequences. Meanwhile, former U.S. President Donald Trump issued a stern warning to the Houthis, vowing their "complete annihilation" if they continue their assaults. Tensions between Iran and the U.S. continue to escalate amid the ongoing conflict in Yemen.
#Iran #Khamenei #USStrikes #Houthis #HouthiRebels #RedSeaAttacks #HouthiMissiles #IranVsUS #MiddleEastConflict #YemenWar #Hamas #HouthiShipsAttack #IranianWarning #TrumpVsIran #Geopolitics
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Ukrainian forces have not been encircled in Kursk region, Kyiv and military officials say
Despite recent comments by Donald Trump and Vladimir Putin, Ukrainian forces have not been encircled by Russian troops in the Kursk region or anywhere else on the frontlines.
READ MORE : http://www.euronews.com/2025/03/20/ukrainian-forces-have-not-been-encircled-in-kursk-region-kyiv-and-military-officials-say
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Credit: euronews (in English) Duration: 01:44Published
Thomas Tuchel says he āfelt tension and pressure on the shouldersā of the England players at last summerās European Championship and hopes to āturn this aroundā ahead of his first games as the teamās new manager. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A triple murderer who killed three members of his family and was plotting a school shooting has been jailed for life with a minimum term of 49 years. Nicholas Prosper, 19, from Luton, who wanted to become a notorious mass murderer, was sentenced at Luton Crown Court on Wednesday. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Work and Pensions Secretary Liz Kendall has announced radical welfare changes to get more people into work and save Ā£5 billion by the end of 2030. The changes include tightening the eligibility criteria for disability benefits, scrapping a controversial benefits assessment, and raising the basic rate of universal credit while cutting the higher rate for those too ill to work. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Manchester United have announced plans for a new 100,000-seater stadium to replace Old Trafford. Club co-owner Sir Jim Ratcliffe says it would be the āworldās greatestā football ground and would cost around Ā£2 billion. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has hailed military planners as "integral" to keeping the country "safe and secure". The prime minister spoke at meeting with staff at Northwood military headquarters in northwest London where he added that political leaders had come together to attempt to find a peace deal for Ukraine and that military planners are "turning that political intention into reality". Report by Brooksl. 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 says plans for a peacekeeping force in Ukraine are being developed at speed, as political momentum shifts to military planning. Defence chiefs are meeting to discuss strategies to secure skies, seas, and borders if a deal is reached to end the war. Report by Covellm. 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 and Defence Secretary John Healey meet young apprentices and schoolchildren at a defence manufacturing site in North West England. The PM spoke to the children about what they had done during British Science Week, which took place between 7th to 16th March. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn