Live updates

Interest rates remain at 0.5%

The Bank of England have kept interest rates on hold at 0.5%, marking five continuous years at the historic low.

Bank of England
The decision was made in the Bank of England's monthly meeting, the 60th such meeting in succession to set them at this level. Credit: PA

Rates were slashed to 0.5% in March 2009 amid the depths of the economic downturn and have stayed there ever since, as monetary policy remains on "emergency setting".

39% of homeowners fear 'drastic' cut backs if rate rises

39% of mortgage holders say a rise in interest rates would require them to cut back drastically on other areas of spending to keep up with their mortgage repayments, according to an ITV News Index poll carried out by ComRes.

40% disagreed with the statement and 21% said they didn't know.

Bank of England Governor Mark Carney has pledged to leave interest rates unchanged until the level of unemployment falls to 7%.

Advertisement

67% say Govt 'not in control of flooding situation'

Two thirds of the British public (67%) say that the Government does not appear to be in control of the flooding situation in Somerset, according to an ITV index carried out by Comres.

Some 14% said they disagreed with the statement and 19% said they don't know.

Waves crash over the harbour wall in Newhaven, Sussex. Credit: Gareth Fuller/PA Wire/Press Association Images

In the same poll 71% of those asked say that sending the army to assist the flood relief effort was a good use of resources. 14% disagreed and 15% did not know.

ComRes interviewed 2,043 British adults as part of the poll.

Rate rise would put 26% of homeowners 'in trouble'

A little over one quarter of homeowners say they would face serious financial difficulty if interest rates rose, according to an ITV News index carried out by Comres.

50% disagreed with the statement, while 24% said they didn't know.

Interest rates
Interest rates would financially cripple one in four homeowners, the poll found. Credit: PA

One third (35%) of those polled said that if there was an increase in interest rates, it would have little effect on their finances. 49% disagreed with the statement, while 16% didn't know..

ComRes interviewed 2,043 British adults as part of the poll.

40% 'believe economy improved in last three months'

40% of voters believe the state of the economy has got better in the past three months while 25% thought it had got worse and 34% said there had been no change, according to the ITV News Index carried out by ComRes.

That figure is the highest ever in the ITV News Index since the question was first asked in October 2010.

Economics Editor Richard Edgar: How sustainable is Britain's economic growth?

Advertisement

Govt 'understands banks' concerns more than families'

The Government understands the concerns of banks and big businesses more than families, according to the latest ITV News poll.

Voters believe the coalition understands the concerns of banks more than families. Credit: Andrew James/Media Wales/PA Wire

69% of voters said the Coalition understands the concerns of banks and big businesses, more than small business and entrepreneurs (32%) or families (23%), according to the ITV News Index carried out by ComRes.

Read: Osborne says economic figures a boost for hardworking people

61% 'think economic growth only benefited wealthy'

On the day official statistics showed the British economy grew at its strongest rate since 2007, a majority of voters questioned for an ITV News poll believe the wealthy have benefited the most from the improving financial fortunes.

Some 74% of voters believe the gap between rich and poor is widening. Credit: Lynne Cameron/PA Wire

61% of voters thought the economic growth had only benefited wealthy people while 18% disagreed and 21% said they did not know, according to the ITV News Index carried out by ComRes.

Read: How sustainable is Britain's economic growth?

And 74% of those quizzed believe that in the current economic situation the gap between rich and poor is getting bigger, while 10% disagreed and 15% said they did not know.

Read: Ed Balls claims 'this is not a recovery that is built to last'

Britons 'believe their financial situation is improving'

A majority of the British public believe that their personal financial situation is heading in the right direction, an ITV News poll has found.

Many believe that their financial situation is getting better. Credit: Lynne Cameron/PA Wire

Some 46% said they thought their financial situation was heading in the right direction, while 38% disagreed and 17% did not know, according to the ITV News Index carried out by ComRes.

However, more than two-thirds of the British public (69%) said they do not have more money to spend on non-essential items now than they did last year.

Poll: Majority of Britons trust the police

Half of Britons still have faith in the police, according to an ITV News poll, despite a series of recent scandals.

A majority of Britons trust the police, according to an ITV News poll. Credit: Rui Vieira/PA Archive

Some 50% of people said that they do trust the police while 26% said they do not,according to the ITV News Index carried out by ComRes.

However, 57% said they agreed that the guidelines of police engagement should not allow for the use of deadly force by officers unless they have personally seen the suspect holding a weapon, while 24% disagreed.

Load more updates

Advertisement

Today's top stories