England

Policymakers approved a quarter-point increase, to 4.25 percent, while affirming that British banks were “resilient.”

“The persistence of inflation appears more worrying in the U.K. Those prices “tend to be volatile and could therefore prove less persistent,” according to the minutes of the bank’s meeting. To some extent, those risks materialized in the surprising upturn in Wednesday’s data, which showed food prices rising in February at their fastest pace in 45 years and a measure of services inflation increasing. Bailey said in a video posted by the bank on Thursday. The Bank of England forecast that the inflation rate would fall significantly this year, and average about 4 percent around the end of the year. But it noted that, in Britain, wholesale bank funding costs, a measure of how much it costs banks to borrow money, particularly for short periods, had risen, a sign of increased risk in the banking sector. He argued that the central bank would pause rate increases because wage growth was easing and energy prices were lower. At the moment, “it was unclear how credit conditions and economic activity might be affected by recent banking-sector stress in a number of advanced economies,” the Bank of England said. The central bank had forecast that the inflation rate would fall to 9.9 percent. And wage growth has been weaker than expected, easing policymakers’ concerns that high wages in the private sector would make it harder to return inflation to the bank’s 2 percent target. Previously, the bank had shifted its tone to indicate that future interest rate increases were not a given. and Swiss banking systems](https://www.nytimes.com/2023/03/21/business/regional-banks-depositors-fears.html) [spurred global central bankers into protective moves](https://www.nytimes.com/2023/03/19/business/economy/federal-reserve-banks-dollar-access.html) to shore up financial stability.

England got their first-ever competitive win against Italy in Italy, and it was the perfect way to put their World Cup exit behind them.

England striker Harry Kane on the meaning of the result: "It is the first time England have won in Italy for a long, long time. Playing for England is probably my greatest feeling in football and I want to do it for as long as possible. Thank you to everyone in here and everyone who has made this dream a reality." A few minutes from halftime, Italian defender Giovanni Di Lorenzo was caught with his hand touching the ball in the box, possibly interfering with Harry Kane being able to win it. I can't remember what he said but I'm sure it was a on a video as everything is videoed these days and nothing stays in house. Italy began to take control of the midfield battle and mistakes crept into England's play, most obviously a palpably avoidable red card for Luke Shaw. To be a part of that is amazing. England were much the better side in the first half and deserved to extend their lead when [Giovanni Di Lorenzo](https://www.espn.com/soccer/player/_/id/155904/Giovanni-Di-Lorenzo) was adjudged to have handled in the box, a decision Serbian referee Srdjan Jovanovic awarded on VAR review, allowing Kane to set the new England scoring record. Kane's clever hold-up play, particularly in the first half, was a reminder his ability extends far beyond goal-scoring. One of the few remaining questions England have to answer for under Southgate is their inconsistent record against the very best sides. Nothing will completely take away the pain of missing a penalty in England's World Cup quarterfinal defeat top France three months ago. This was also Southgate's 50th win as England manager, from 82 games -- a number only surpassed by Walter Winterbottom (78) and Sir Alf Ramsey (69).

Harry Kane had just three England goals to his name when Wayne Rooney broke Bobby Charlton's long-standing record of 49 in a 2-0 victory over Switzerland in ...

I know what it meant to him and I was so proud of him," Kane told Channel 4. "It means everything. A magical moment. "Congratulations to Harry Kane on becoming England's all-time leading goalscorer. "To break the record in the manner he did given the recent history was an indication of his strength of character and his mentality," Southgate said. Register for free to Reuters and know the full story

He smashes home a spot-kick just before half-time, to score his 54th international goal. Read more at straitstimes.com.

And the 45,000 crowd roared on Italy after Shaw was sent off after two quick-fire yellow cards, the second for chopping down Retegui to stop a dangerous Italy attack. Thursday’s match was the first since the passing of Gianluca Vialli, and there was a moving pre-match tribute to the former Sampdoria, Juventus and Chelsea forward who was a key part of Mancini’s staff. For Italy it was a frustrating night as a bad first-half display cost the Azzurri the chance to give England another bloody nose after winning Euro 2020 at their expense and relegating them from the Nations League top tier.

Gareth Southgate's side condemned Italy to a first home defeat in European qualifying since 1999 with a 2-1 victory in Naples.

The win sees England get off to the perfect start in their Euro 2024 qualifying campaign, while the Italians are left to lick their wounds after a first home European qualifying defeat in 24 years. The finish pushed him past Wayne Rooney at the top of the England scoring charts and helped the Three Lions claim their first win on Italian soil since 1961. On a night which saw England make history in Naples, it was their captain who stole the show when he struck from the penalty spot to score his 54th international goal.

GOAL previews the UEFA Euro 2024 Qualifier Italy vs England, with team news, predictions, head to head record, key players.

Gareth Southgate is under pressure to deliver results with England after the Three Lions failed to get past France in the quarter-final of the World Cup. [How to get tickets to England home & away games](https://www.goal.com/en/news/england-football-tickets-prices-where-to-buy-home-away-games/blt43f859eed31c9567) [Where to watch England Euro 2024 qualifying games](https://www.goal.com/en/news/where-to-watch-live-stream-england-euro-2024-qualifying-games/bltf2fcda62881c54a2)

Get a report of the Italy vs. England 2024 European Championship Qualifying, Group Stage football match.

"It's the first time that England have won in Italy for a long, long time and to be part of that is amazing. And to everyone in here, thank you to everyone who has made this dream come alive." [Jack Grealish](http://www.espn.com/soccer/player/_/id/172850/Jack-Grealish) missed a glorious chance to make it 3-0 on the stroke of half-time. "I knew it wouldn't take long but that was quick. "I want to also say a big thank you to my teammates, to the staff, the fans, my family back home and my wife. [Jude Bellingham](http://www.espn.com/soccer/player/_/id/291281/Jude-Bellingham) ran the show in the early stages for England and he forced a superb save from Donnarumma when he let fly with a ferocious shot from distance. Congrats Harry!" [Argentina](/soccer/team?id=202)-born Retegui smashed a low shot past [Jordan Pickford](http://www.espn.com/soccer/player/_/id/159443/Jordan-Pickford). [Luke Shaw](http://www.espn.com/soccer/player/_/id/167127/Luke-Shaw) was sent off for a second yellow card to leave England to defend the final minutes with 10 men. [Giovanni Di Lorenzo](http://www.espn.com/soccer/player/_/id/155904/Giovanni-Di-Lorenzo) was penalised for handball in the 42nd minute, finding the corner to claim another scoring record. [Harry Maguire](http://www.espn.com/soccer/player/_/id/157073/Harry-Maguire). [European Championship](/soccer/league/_/name/UEFA.EURO), won on penalties by Italy, England were vastly superior in the first half and went into the break with a 2-0 lead courtesy of [Declan Rice](http://www.espn.com/soccer/player/_/id/238262/Declan-Rice) and Kane's record-breaking strike from the penalty spot.

NAPLES: Harry Kane became England's record international goalscorer as his side began their Euro 2024 qualifying campaign by beating reigning champions ...

Italy's, who beat England on penalties to win Euro 2020 at Wembley Stadium but failed to qualify for the World Cup, were far more dangerous in the second half after Argentina-born Retegui smashed a low shot past Jordan Pickford. Kane was also involved in England's opener as his blocked shot fell for Rice to convert to silence the majority of fans inside the Stadio Diego Armando Maradona. It proved to be the perfect response by England after the heartache of losing to France in the World Cup quarter-finals in December when Kane missed a crucial penalty.

The Bank of England on Thursday hiked interest rates to their highest level since 2008 as it grapples with persistent high inflation.

However, JPMAM is concerned that the Bank will find itself "outside of the central bank herd" in the second half of 2023. "Central banks will not ride to the rescue with rate cuts at the first sign of growth concerns, as we've been used to for a generation. "Big picture, the U.K. banking system "maintains robust capital and strong liquidity positions, and is well placed to continue supporting the economy in a wide range of economic scenarios, including a period of higher interest rates." GDP by around 0.3% over the coming years. chief investment strategist at BlackRock Investment Institute, said that, alongside the actions of the Fed and the ECB, the Bank of England decision to hike showed the global economy is in a "new regime." than elsewhere, as the combination of Brexit, the pandemic and the energy crisis "appears to have done more lasting damage to the supply side of the economy." inflation unexpectedly jumped to an annual 10.4% in February. [ECB last week](https://www.cnbc.com/2023/03/16/ecb-rate-decision-march-meeting-lagarde-announces-new-rate-hike.html) and [Fed last night](https://www.cnbc.com/video/2023/03/22/fed-hikes-rates-25-bps-says-additional-policy-firming-may-be-appropriate.html), the Bank of England acted on the information it had today which is that the economy is still resilient, inflation is uncomfortably high and broadening, and wage growth is at a level that is inconsistent with a 2% inflation target." [lifted its own policy rate](https://www.cnbc.com/2023/03/23/swiss-central-bank-hikes-interest-rates-by-50-basis-points-despite-credit-suisse-turmoil.html) by 50 basis points to 1.5% on Thursday, while the [European Central Bank](https://www.cnbc.com/european-central-bank/) hiked [by 50 basis points last week](https://www.cnbc.com/2023/03/16/ecb-rate-decision-march-meeting-lagarde-announces-new-rate-hike.html) in the midst of the banking sector turmoil. The Monetary Policy Committee voted 7-2 in favor of raising the Bank rate to 4.25%, in a widely anticipated move after official data on Wednesday showed that - The Monetary Policy Committee voted 7-2 in favor of raising the Bank rate to 4.25%, in a widely anticipated move after official data showed that U.K.

NAPLES, Italy : Gareth Southgate became only the third England manager to win 50 matches as his side ended a wait of more than 60 years for an away victory ...

"Given our record here, it's a massive result," he said. Several errors in the lead-up to it. "We showed two sides without a doubt," Southgate said.

NAPLES, Italy: Harry Kane became England's all-time top scorer as he took his tally to 54 by netting a penalty against Italy in a Euro 2024 qualifier on ...

"It means everything. I know what it meant to him and I was so proud of him," Kane told Channel 4. "Congratulations to Harry Kane on becoming England's all-time leading goalscorer.

The quarter-point increase comes a day after data showed inflation was rising.

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Harry Kane scored a penalty to become England's all-time record goalscorer in their 2-1 defeat of Italy, with the defender Luke Shaw also shown a red card.

From back to front – and that included the goalkeeper, Jordan Pickford – the passing was on point. The turnaround was remarkable. Italy could not get near to them on the ball, the combinations up through the thirds easy on the eye. Italy are, of course, the reigning European champions, although it feels as if their second failure in a row to qualify for the World Cup is defining them more at present. A win is a win and this was a big one, England’s most difficult assignment of the group passed already. He was central to England’s barnstorming start as they controlled the tempo and the ball, looking extremely confident on it. It was Kane to Grealish and he did well to release Jude Bellingham, who advanced and unloaded a vicious drive that Gianluigi Donnarumma tipped over. What a moment it was for the captain. When they play at this stadium – especially this season, the Scudetto so close that everyone in town has started to prepare for the party of the millennium, connecting the buildings in those narrow streets with blue and white sheets – it can feel like an out-of-body experience. The rather key difference this time was that England had scored the first two goals. It ought to have been 3-0 in first-half stoppage time only for Jack Grealish to miscue wide of a gaping goal. It was a night when a Harry Kane penalty conversion positively overflowed with narrative drama.

Striker Harry Kane has overtaken Wayne Rooney to become England's all-time record goalscorer after reaching 54 goals in for his country.

"Playing for England is probably my greatest feeling in football and I want to do it for as long as possible. "It's the first time that England have won in Italy for a long, long time and to be part of that is amazing. "But I'm 29, I'm feeling fit and I'm feeling strong. And to everyone in here, thank you to everyone who has made this dream come alive. "I want to also say a big thank you to my teammates, to the staff, the fans, my family back home and my wife. Kane scored from the spot right before half-time after VAR awarded a penalty for handball to England against Leonardo Spinazzola.

Italy hosted England at the Stadio Diego Armando Maradona in Naples on Thursday evening as both sides looked to open their Euro 2024 qualifying campaign ...

He was sent to the dressing rooms after a crunching tackle. It comes through to the debutant Mateo Retegui and he beats Jordan Pickford with a shot across goal from close range. Nicolo Barella is fouled by Harry Maguire and the referee allows play to go on. Since taking the lead, England enjoyed full control of the game. Italy's early dominance was short-lived, however, as Declan Rice converted for England in the 13th minute. The incident was reviewed by VAR officials and, after a trip to the pitch side monitor, the referee awarded a penalty and the chance for England to increase their lead.

Picturing High Streets is a three-year project, led by Historic England, to show the rich diversity of modern English towns. The most evocative images are ...

The bank's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in Bank Rate to 4.25%.

We need to see it starting to come down progressively and get back to target." BoE Governor Andrew Bailey was non-committal when asked about the latest rate rise. "The MPC will continue to monitor closely any effect on the credit conditions faced by households and businesses, and hence the impact on the macroeconomic and inflation outlook," it said. But of course it's far too high.... The BoE said inflation in the second quarter would be lower than the BoE forecast last month, helped by the government's extension of state subsidies to lower households' utility bills and a fall in international energy prices. Investors priced in one more quarter-point rate hike, probably at the BoE's next meeting on May 11, pushing up sterling moderately against the dollar.

The FA's England programme and website editor Nicholas Veevers recalls his memories of seeing a young Harry Kane emerge through the development ranks into ...

[scored a crucial goal against Croatia at Molineux](https://www.thefa.com/news/2014/oct/10/croatia-report-101014)to help England seal their spot in the Finals of 2015. And his practice was paying off. But at the age of 29, with plenty of caps to come and knowing the way he lives his life, there’s undoubtedly a real chance for Kane to set an incredible total and legacy for himself in the coming years. By now, you could see Kane’s relentless devotion to training, hard work and perfecting his game. Kane’s determination and dedication on the training pitch had caught the eye of Southgate and his assistant Steve Holland though and it was on a trip to San Marino in October 2013 when Kane fired his way into the reckoning as he blasted a hat-trick in a 4-0 win in Serravalle. He was still a year young for that age group at the time and while there was no goal for him that night, he played a big part in the performance.

Andrew Bailey says interest rates will have to rise again unless inflation falls.

Responding to Bailey’s remarks, the Unite general secretary, Sharon Graham, said a “lacklustre acknowledgment” by the central bank that companies had played a role in rising prices was a welcome development. “Andrew Bailey’s lacklustre acknowledgment of the role price rises are having on inflation is a step forward after years of targeting workers,” she said. “When companies set prices I understand that they have to reflect the costs that they face. They need to wake up.” “The profits of Britain’s biggest firms have spiked 89%. The UK is in the grip of a profiteering epidemic – it is greedflation, not workers’ wages, that is fuelling the cost of living crisis. “Inflation is too high at the moment. [discussed the potential impact of profiteering](https://www.theguardian.com/business/2023/mar/02/ecb-looking-out-for-price-gouging-greedflation-price-rises-eurozone-inflation-profit-margins) by companies as a source of inflation, although it has yet to disclose its conclusions. Last year, Bailey told workers to restrain wage demands or risk further interest rates rises to prevent inflation becoming embedded. “We’ve got to get inflation down,” he said. [dubbed “greedflation”](https://www.theguardian.com/business/2023/mar/02/ecb-looking-out-for-price-gouging-greedflation-price-rises-eurozone-inflation-profit-margins), [analysis](https://www.unitetheunion.org/media/5442/profiteering-across-the-economy-march-2023.pdf) of the top 350 companies listed on the London Stock Exchange showed that average profit margins – a company’s revenue above the cost of sales – had risen from 5.7% in the first half of 2019 to 10.7% in the first half of 2022. Now we think that it will fall sharply really from the early summer throughout the rest of the year.

Former SA captain has signed a two-and-a-half month contract with Sunrisers | - ESPN.

[I am] so grateful for the backing and can't wait to get on the field to start playing." "We made sure that the current squad were aware throughout the whole process, and Eva [Gray] and Mady [Villiers] have always spoken so highly of her after spending so much time together during the Hundred. The former South Africa captain, who r [etired from international cricket](https://www.espncricinfo.com/story/dane-van-niekerk-confirms-her-retirement-from-international-cricket-1363846) earlier this month, has signed for Sunrisers on a two-and-a-half-month contract that will see her play in the Charlotte Edwards Cup and the Rachael Heyhoe Flint Trophy.