Chancellor reacts to latest interest rates decision
Video Credit: ODN - Duration: 00:38s - Published
Chancellor reacts to latest interest rates decision
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision.
Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly important but difficult job to do”.
Report by Blairm.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has defended Rushanara Ali in a row over the homelessness minister increasing the rent on her East London property, saying she seems to have done "everything in accordance with the law". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Reeves says she "welcomes" the interest rates cut from 4.25% to 4%, adding it's "good news" for homeowners, people trying to get onto the housing ladder and businesses that are "borrowing to grow". 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 visits Port Talbot, where she proposes how £143 million of government funding will secure over 130 disused coal tips in Wales. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves will need to find more than £40bn of tax rises or spending cuts in the autumn budget to meet her fiscal rules, a leading research institute has.. Sky News
Police have made arrests in central London after a "significant number of people" turned out for a Palestine Action demonstration - despite the group being.. Sky News
A shocking revelation was unearthed by the i Paper on Thursday that homelessness minister Rushanara Ali had evicted her tenants before hiking up the rent on her.. Sky News
Shadow Home Secretary Chris Philp says China's plans to build a new 'super-embassy' in London "should not be allowed to go ahead", adding it will "clearly be used as a centre for espionage activity". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Metropolitan Police say 200 people were arrested in Parliament Square for showing support for a proscribed organisation, as protesters held placards in support of Palestine Action. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A Palestine Action demonstration in Parliament Square, saw protesters being arrested by police. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeffrey Epstein victim Teresa Helm says Ghislaine Maxwell’s move to a minimum security prison diminishes justice and undermines accountability for her crimes. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Scotland’s First Minister John Swinney urges Sir Keir Starmer to recognise the Palestinian state now to “protect the Palestinian people and to give them rights in a situation where their rights are being completely and utterly steamrollered by the Israeli government.” Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The champion cyclist Chris Hoy meets with the First Minister John Swinney to discuss how best to tackle prostate cancer. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
![Rachel Reeves defends Rushanara Ali in rent row [Video]](https://video.newsserve.net/300/v/20250807/1418870146-Rachel-Reeves-defends-Rushanara-Ali-in-rent-row.jpg)
![Rachel Reeves welcomes interest rate cut to 4% [Video]](https://video.newsserve.net/300/v/20250807/1418868824-Rachel-Reeves-welcomes-interest-rate-cut-to.jpg)
![Reeves visits Port Talbot to announce new funding [Video]](https://video.newsserve.net/300/v/20250807/1418866170-Reeves-visits-Port-Talbot-to-announce-new-funding.jpg)
![Philp slams China's plans for 'super-embassy' in London [Video]](https://video.newsserve.net/300/v/20250807/1418890254-Philp-slams-China-plans-for-super-embassy.jpg)
![200 arrested at London Palestine Action protest [Video]](https://video.newsserve.net/300/v/20250809/1419100812-200-arrested-at-London-Palestine-Action-protest.jpg)
![Protesters at Parliament Square Palestine Action demo [Video]](https://video.newsserve.net/300/v/20250809/1419100962-Protesters-at-Parliament-Square-Palestine-Action-demo.jpg)
![Epstein victim criticises Maxwell prison transfer [Video]](https://video.newsserve.net/300/v/20250809/1419071846-Epstein-victim-criticises-Maxwell-prison-transfer.jpg)
![Swinney: UK must recognise Palestinian state now [Video]](https://video.newsserve.net/300/v/20250808/1419014732-Swinney-UK-must-recognise-Palestinian-state-now.jpg)
![John Swinney praises Olympic champion Hoy’s cancer work [Video]](https://video.newsserve.net/300/v/20250808/1419015004-John-Swinney-praises-Olympic-champion-Hoy-cancer.jpg)
