Rachel Reeves avoids Liz Truss moment as markets stabilise

Chancellor reacts to ‘disappointing’ inflation figures

Rachel Reeves admits April’s inflation rise to 3.5% is “clearly disappointing” but acknowledges the figures are partly down to government policies to “stabilise” the economy. The chancellor says, “I do recognise that all policies have consequences, but if I hadn't have acted to stabilise the public finances, we would be in a worse position today." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Chancellor insists cut in winter fuel allowance ‘stands’

Despite reported pressure from within the Labour Party, Chancellor Rachel Reeves insists the cut in winter fuel allowance for most pensioners “stands”, to “stabilise the public finances”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Chancellor: EU deal to lower prices for consumers

Rachel Reeves defends Britain’s new agreement with the European Union. Addressing MPs in the House of Commons, the chancellor said the government’s new deal will help make food cheaper, slash red tape, open up access the EU market and add nearly £9bn to the UK economy by 2040. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Reeves hails ‘really big day’ as UK strikes EU deal

Chancellor Rachel Reeves says a new post-Brexit deal with the EU marks a "really big day", praising it as a move to boost jobs, cut prices, and strengthen defence ties. The agreement, finalised ahead of a major EU summit, has reportedly been approved by the bloc’s ambassadors and follows intense last-minute talks. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn