United States  

Bank of England: Uneven recovery will see job losses

Video Credit: ODN - Duration: 01:31s - Published
Bank of England: Uneven recovery will see job losses

Bank of England: Uneven recovery will see job losses

The Bank of England has expressed that the downturn in the UK economy could be less severe than was first feared, but a recovery will be uneven.

Governor Andrew Bailey said unemployment could rise to 7.5 per cent, and maintained that negative interest rates was something still in its toolbox.

Report by Etemadil.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


💡 One News Page Knowledge: Other News Mentions

Andrew Bailey (banker) Andrew Bailey (banker) British central banker


Facebook Facebook American online social networking service

Gove: We don’t want to close hospitality [Video]

Gove: We don’t want to close hospitality

Cabinet Minister, Michael Gove has said that although coronavirus is spreading in hospitality settings, the government ‘doesn’t want to close them’. His comments come ahead of the Prime Minister’s address in the House of Commons where he is expected to announce new measures to help control the virus. Report by Browna. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:43Published
Theresa May insists she will not vote for Brexit legislation [Video]

Theresa May insists she will not vote for Brexit legislation

Theresa May has said she will not support the government’s controversial Brexit legislation, warning it will cause "untold damage" to the UK and threaten the future of the Union. The former prime minister accused the government of acting "recklessly and irresponsibly" without thinking of the long-term consequences by its willingness to breach international law. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:33Published
London mayor calls on PM to work with him on coronavirus [Video]

London mayor calls on PM to work with him on coronavirus

London Mayor Sadiq Khan has called on the prime minister to invite him to Tuesday's Cobra meeting and "work together" to tackle Covid-19. Boris Johnson will chair a Cobra emergency committee, which will include the leaders of Scotland, Wales and Northern Ireland, but it is unclear as to whether Mr Khan will be invited. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:18Published
Northern Ireland imposes restrictions on social gatherings [Video]

Northern Ireland imposes restrictions on social gatherings

Arlene Foster has announced further restrictions will be imposed on social gatherings in Northern Ireland. The province's first minister said there will be no mixing of two households indoors except for single-person household bubbles but stressed "this is not returning to lockdown". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:37Published
Hancock announces £500 payment for people who self-isolate [Video]

Hancock announces £500 payment for people who self-isolate

Health Secretary Matt Hancock has told the House of Commons that people on low incomes who need to self-isolate with Covid-19 will be eligible for a £500 payment from next Monday. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:15Published

Tweets about this