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.
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
Retail expert Amna Khan says she believes Marks and Spencer customers will, in the long term, stick with the company as “trust can be rebuilt”. The British shop says the disruption caused by the cyber-attack could continue until July. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Martin Lewis said the government's decision to U-turn the winter fuel payment is a "huge relief" for pensioners. Rachel Reeves confirmed on Monday that pensioners earning less than £35k will be eligible to claim winter fuel payments this coming winter.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow housing secretary Kevin Hollinrake has expressed concern about the UK housing crisis worsening due to potential spending cuts. It comes as Rachel Reeves prepares to announce the government's spending plans until the next election.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Winter fuel payments will extend to everyone over the state pension age with an income of or below £35,000 a year, Chancellor Rachel Reeves has announced. Sky News
Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review. Sky News
Chancellor Rachel Reeves is set to announce how much cash each government department gets over the next few years at the spending review on 11 June. Sky News