Starmer has a battle on his hands - but when it's green v growth, there's only one winner
Thursday, 6 February 2025 Keir Starmer was touring the UK National Nuclear Laboratory in Preston when the Bank of England halved its 2025 growth forecast, cut interest rates for the third time in six months, warned of an uptick in inflation and said the national insurance hike on employers would hit prices and jobs more than expected.
Leader of the Opposition critisized PM on the recent U-turn on the winter fuel payments. It comes as Sir Keir Starmer has insisted that the Government made its U-turn on the winter fuel allowance because the economy has stabilised, rather than in response to the backlash against the policy. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer defended the Chagos deal in the House of Commons saying the deal was welcomed by our allies and ciriticised by the adversaries. It comes as government faces calls to suspend the deal and handing the Chagos Islands back to Mauritius. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer said the UK has sanctioned Israeli ministers Itamar Ben-Gvir and Bezalel Smotrich for “inciting appalling settler violence”. At PMQs, he said the move aims to uphold human rights and protect hopes for a two-state solution. He also restated support for a ceasefire, hostage release and more humanitarian aid for Gaza. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch accused Sir Keir Starmer of failing on the economy, claiming unemployment had “surged” since Labour took office. The PM hit back at PMQs, saying 500,000 more people are in work and highlighting jobs from defence, energy and housing projects. Starmer said Labour is investing in Britain’s future, while the Tories “talk Britain down”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer leaves 10 Downing Street as he heads to the House of Commons where Chancellor of the Exchequer Rachel Reeves will deliver her spending review. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future.
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Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn