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.
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future.
#MarkCarney #CanadaElection2025 #LiberalParty #CanadianPolitics #PrimeMinisterCarney #EconomistToPM #JustinTrudeau #PierrePoilievre #DonaldTrump #CanadaUSRelations #EconomicStability #CarneyVictory #BreakingNewsCanada #MarkCarneyPM #CanadaVotes2025 #CanadianElection #CarneyForPM #LiberalVictory #CarneyVsPoilievre #TrudeauSuccessor #BankerToLeader #CanadaPM #ElectionNightCanada #CarneyPolitics #CanadaBreakingNews #FederalElection2025
~HT.178~ED.346~
The return on Donald Trump to the G7 was always going to be unpredictable. That it is happening against the backdrop of an escalating conflict in the Middle East.. Sky News
A shocking political assassination in Minnesota has left former House Speaker Melissa Hortman and her husband dead, and Senator John Hoffman critically injured. The shooter, disguised as a police officer, is on the run. Governor Tim Walz, President Trump, and national leaders have condemned the attack. The FBI has launched a nationwide manhunt. Is American democracy under attack?
#MinnesotaShooting #MelissaHortman #JohnHoffman #PoliticalViolence #FBIManhunt #USPolitics #BreakingNews #Trump #DemocracyUnderAttack #LawmakersShot
Also Read
Minnesota Resident Dies from Rabies After Contact with Bat: A Rare Case :: https://www.oneindia.com/international/minnesota-reports-rare-human-death-from-rabies-011-3946615.html?ref=DMDesc
Car Drives Through Minnesota Restaurant Patio, Killing Two and Injuring Four :: https://www.oneindia.com/international/car-crash-minnesota-restaurant-patio-tragedy-011-3924107.html?ref=DMDesc
Vatican Investigation Clears Archbishop Nienstedt of Church Law Violations :: https://www.oneindia.com/international/archbishop-john-nienstedt-investigation-finds-no-violation-of-church-law-gen-3720311.html?ref=DMDesc
~PR.274~HT.408~ED.346~
President Trump addressed the nation from behind protective glass as global tensions sparked renewed fears of World War 3. The speech followed the U.S. Army’s 250th anniversary parade in Washington, D.C., which honored legendary WWII units and showcased both historical and modern military might.
#TrumpSpeech #WW3Fears #USArmy250 #ArmyParade #MilitaryPower #WashingtonDC #WorldWar3 #PresidentialAddress #HistoricUnits #82ndAirborne #101stAirborne #WWII #MilitaryHistory #Trump2025 #TrumpNews #MAGA #TrumpBehindGlass #ProtestsDonald
Also Read
Mike Johnson Dismisses Elon Musk's Criticism of Republican Tax and Budget Bill :: https://www.oneindia.com/international/mike-johnson-downplays-musks-influence-on-republican-tax-bill-011-4175853.html?ref=DMDesc
Trump Proposes Allowing Ukraine and Russia to Fight Before Seeking Peace :: https://www.oneindia.com/international/trump-ukraine-russia-fight-for-a-while-011-4173761.html?ref=DMDesc
Trump Declares Columbus Day Will Remain Unchanged Amid Indigenous Peoples Day Recognition :: https://www.oneindia.com/international/trump-reinstates-columbus-day-amid-indigenous-peoples-day-debate-011-4136967.html?ref=DMDesc
~PR.274~HT.408~ED.346~
The U.S. Army marked its 250th anniversary with a grand parade in Washington, D.C. on June 14. Featuring WWII-era uniforms, iconic military vehicles like the Sherman tank, and legendary aircraft such as the P-51 Mustang, the event celebrated both history and modern strength. Special tributes honored heroic units like the 82nd and 101st Airborne. President Trump attended amid protests, as the celebration coincided with his 79th birthday. The event bridged past and present with over 400 soldiers representing the Army's evolution from World War II to today.
#USArmy250 #ArmyParade #WWIITribute #ShermanTank #P51Mustang #B25Bomber #MilitaryHistory #ArmyStrong #HistoricMarch #82ndAirborne #101stAirborne #WWIIUnits #ModernArmy #ArmyEvolution #MilitaryTradition #AmericanHeroes #Flyover #TrumpBirthday #WashingtonDC #ArmedForces #Veterans #MilitaryVehicles #WarHistory #DCDayParade #PresidentialSalute #HonorTheFallen #WWIIHeritage #Parade2025 #ArmyLegacy #NationalDefense #250YearsOfService
~ED.346~HT.408~
Trump hosts military parade for US Army anniversary amid 'No Kings' protests across the country
A massive military parade commemorating the 250th birthday of the US Army, which coincides with President Donald Trump ’s 79th birthday, was staged in Washington, DC on Saturday.
READ MORE : http://www.euronews.com/2025/06/15/trump-hosts-military-parade-for-us-army-anniversary-amid-no-kings-protests-across-the-coun
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 01:05Published
In homes and places of worship from Leicester to London and beyond, people are remembering those who died onboard Air India flight 171. The Boeing 787-8 Dreamliner crashed on Thursday, seconds after taking off from Ahmedabad, the largest city in the Indian state of Gujarat. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch arrives before addressing the Scottish Conservative Party conference in Edinburgh.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch expresses her “deepest condolences” to those affected by the Air India plane that crashed in Ahmedabad on Thursday, killing over 240 people.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch asserts the answer to the problems in Scotland “does not involve more devolution”. Speaking at the Scottish Conservative conference in Edinburgh on Friday, Badenoch says, “the answer to these problems must involve a reassertion of our Conservative, economic principles.”
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Industry Minister Sarah Jones expresses “deep concern” as Israel launches air strikes against dozens of sites in Iran, targeting the country’s nuclear programme.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
![BoE Governor 'very pleased' about UK-US trade deal [Video]](https://video.newsserve.net/300/v/20250508/1410228162-BoE-Governor-very-pleased-about-UK-US-trade.jpg)
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Bank of England cuts interest rates to 4.25% [Video]](https://video.newsserve.net/300/v/20250508/1410199570-Bank-of-England-cuts-interest-rates-to.jpg)
![Mark Carney Elected Canada’s PM | All About Canada’s New Leader | Canada Elections [Video]](https://video.newsserve.net/300/v/20250429/1409388108-Mark-Carney-Elected-Canada-PM-All.jpg)
![Assassination In America: 2 Minnesota Lawmakers SHOT, Former House Speaker Killed | FBI HUNT ON [Video]](https://video.newsserve.net/300/v/20250615/1413935290-Assassination-In-America-Minnesota-Lawmakers-SHOT-Former.jpg)
![Iran-Israel Begin World War 3? Trump From Behind Glass Hints World What's Coming NEXT [Video]](https://video.newsserve.net/300/v/20250615/1413934954-Iran-Israel-Begin-World-War-Trump-From.jpg)
![U.S Army STAGES Historic 250th Parade in D.C. With WWII Tanks, P-51 Flyovers And Vintage Jeeps [Video]](https://video.newsserve.net/300/v/20250615/1413933346-Army-STAGES-Historic-250th-Parade-in.jpg)
![Trump hosts military parade for US Army anniversary amid 'No Kings' protests across the country [Video]](https://video.newsserve.net/300/v/20250615/1413932656-Trump-hosts-military-parade-for-US-Army-anniversary.jpg)
![Family and friends remember Air India’s UK crash victims [Video]](https://video.newsserve.net/300/v/20250613/1413814428-Family-and-friends-remember-Air-India-UK.jpg)
![Badenoch arrives to address Scottish Conservative Party [Video]](https://video.newsserve.net/300/v/20250613/1413810490-Badenoch-arrives-to-address-Scottish-Conservative-Party.jpg)
![Badenoch expresses ‘condolences’ after India plane crash [Video]](https://video.newsserve.net/300/v/20250613/1413795608-Badenoch-expresses-condolences-after-India-plane-crash.jpg)
![Badenoch: We stand together to defend our national security [Video]](https://video.newsserve.net/300/v/20250613/1413795516-Badenoch-We-stand-together-to-defend-our-national.jpg)
![Labour: Israel’s attack on Iran is ‘deeply concerning’ [Video]](https://video.newsserve.net/300/v/20250613/1413785996-Labour-Israel-attack-on-Iran-is-deeply.jpg)
