The Casablanca chancellor has boxed herself in on filling the black hole in public finances
Friday, 26 July 2024 Rachel Reeves will echo one of the great cameos in cinema history on Monday, when she updates Parliament on the findings of a Treasury audit of the public finances.
Chancellor Rachel Reeves claims “black hole” in public finances is “unsustainable”. She said, “left unchecked it would be financial stability at risk”.
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This spending review is a massive deal. It's a massive deal because of the sums of money and capital the government is about to allocate - £600bn over the next.. Sky News
Chancellor Rachel Reeves will set out plans in the spending review on Wednesday to invest billions of pounds across Britain, as she admits "too many people" are.. Sky News
Chancellor Rachel Reeves has signed off on £14.2 billion of investment to build the new Sizewell C nuclear power plant in Suffolk, while Rolls-Royce has been named as the preferred bidder to build small modular reactors (SMRs) in a programme backed by £2.5 billion of taxpayers' cash. It follows the government’s U-turn yesterday on winter fuel payments and comes the day before the chancellor’s spending review. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves acknowledged that many working people have yet to feel Labour’s progress. Speaking at the GMB Union Congress, she said tomorrow’s Spending Review will focus on “making working people better off,” with investments in security and health. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves told the GMB Congress Labour is “investing in the biggest roll out of nuclear power in a generation,” announcing £14.2 billion for Sizewell C. She said energy security is “national security” and confirmed support for small modular reactors and fusion. The Sizewell project will power six million homes and create 10,000 jobs, including 1,500 apprenticeships. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Exchequer Secretary to the Treasury James Murray has welcomed news that UK inflation fell for the second month running. He called it an “encouraging sign” that the government’s economic plan is working but admitted “many families are still struggling.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
New Zealand’s Parliament suspended three opposition lawmakers, Rawiri Waititi, Debbie Ngarewa-Packer, and Hana-Rawhiti Maipi-Clarke, over their haka performance in protest of a controversial bill. The bill, supported by the conservative government, sparked backlash from the Māori community, with critics claiming it represented an anti-Māori agenda. This protest, the most severe disciplinary action against lawmakers in New Zealand’s history, signals a growing debate over Māori culture’s role in public life and the nation’s push for Indigenous rights.
#NewZealand #Māori #Haka #Parliament #IndigenousRights #RawiriWaititi #DebbieNgarewaPacker #HanaRawhitiMaipiClarke #TePātiMāori #MāoriCulture #GovernmentProtest #MāoriProtest #PoliticalDebate #CulturalProtest #ControversialBill #MāoriInParliament #IndigenousVoices #PoliticalSuspension #NewZealandPolitics #ParliamentaryProtest #ConservativeGovernment #IndigenousRightsDebate #PublicLife #MāoriRepresentation #GovernmentAgenda #OppositionProtest #CulturalIdentity #PoliticalDiscipline #TePātiMāoriProtest #MāoriTensions
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