High street giants plot new warning to Treasury over retail jobs
Saturday, 21 December 2024 Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under threat.
The Trump administration has appealed to the U.S. Supreme Court to defend its authority to impose tariffs under the 1977 International Emergency Powers Act. This follows a federal court ruling 7-4 against Trump’s tariff powers, siding with states and small businesses that argue tariffs are crippling their survival. The administration warns that striking them down could harm trade talks, force massive Treasury refunds, and create economic chaos. The Supreme Court’s ruling may set a precedent limiting presidential trade authority.
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Andrew Bowie has branded Sir Keir Starmer’s reshuffle “the shuffling of deck chairs on this Titanic of a government”. The Shadow Scotland Secretary said the Prime Minister had “no confidence” in Chancellor Rachel Reeves, accusing him of creating a new role for Darren Jones to tighten his grip on economic policy. Bowie said Labour is “failing on all fronts”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves refuses to be drawn on tax plans ahead of the autumn budget but insists her “key focus” is to “boost productivity and growth”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves welcomes the latest ONS GDP figures which show the UK economy grew by 0.3% between April and June, describing them as “encouraging numbers”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor of the Exchequer Rachel Reeves arrives at Stormont for talks with Northern Ireland Deputy First Minister Emma Little-Pengelly and Finance Minister John O'Dowd.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves shares positive news from the labour market data released today, noting 384,000 more jobs since she took office despite a slight unemployment increase. She acknowledges more work is needed to get everyone who can work back into employment.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn