The shadow chancellor says it is "deeply disappointing" that the economy shrunk by 0.3% in April, a figure higher than expected. Mel Stride adds, "this is a budget that's spiralling ever-upwards and this government is failing to get a grip on". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow chancellor Sir Mel Stride called Rachel Reeves’ plans a “spend-now, tax-later review”, warning she’ll return in autumn with “yet more taxes”. He said the review is “not worth the paper it’s written on” and accused Reeves of losing control, predicting a “cruel summer of speculation” after what he calls months of economic chaos. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has said the Conservative Party has changed in a speech delivered on Thursday. The shadow chancellor admitted the 2022 mini-budget "was a mistake". "The Conservative Party is needed now more than ever but to win the fight, we will need thoughtfulness," Mr Stride added.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride admitted the mini-budget was "a mistake". The shadow chancellor made the remarks ahead of a speech he is set to deliver on Thursday. Mr Stride also warned the Labour Party is "not fiscally credible" and is "making a lot of mistakes". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Sir Mel Stride describes April’s rise in inflation to 3.5% as “pretty shocking” and says they are “down to government choices”, citing public sector pay rises and increases in employers' National Insurance. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves hit back at Reform UK for racking up ''80 billion pounds of unfunded commitments in less than a year'' and criticised Nigel Farage for supporting Liz Truss' budget. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn