Sunak supporter defends funding of new economic promises
Video Credit: ODN - Duration: 01:17s - Published
Sunak supporter defends funding of new economic promises
Rishi Sunak supporter Mel Stride has defended the Tory leadership candidate's new pledge to find up to £10 billion of extra support for those facing soaring bills this autumn - as he took aim at Sunak's leadership rival Liz Truss's plans.
The backbencher said: "As an overall package it would be modest in terms of borrowing … and very different from Liz Truss proposals, which are tens of billions of pounds for unfunded tax cuts that get put on the country's credit card for our children and grandchildren to pay off." Report by Buseld.
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Work and Pension Secretary Mel Stride said the latest employment statistics are "a step in the right direction." The latest figures from the Office of National Statistics revealed unemployment rose and wage growth slowed in the three months to January. However, Mr Stride pointed out: "We've still got a record level of payroll employment and we're seeing real wages rising for the eighth month in succession. This is really because our plan is working." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to.. Sky News
A government minister has said she won't be reading Liz Truss's memoir of her brief time in Downing Street as "that's a period I'm not interested in.. Sky News
William Wragg, chair of the public administration and constitutional reform committee, asked the prime minister if he is “part of the deep state,” referring to comments made by Liz Truss who claimed her mission to cut taxes were “sabotaged” by the “deep state.” Mr Sunak wryly responded: “I probably wouldn't tell you if I was, Will, would I?” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Defence Minister James Cartlidge says that supplying munitions to Ukraine has depleted the UK’s stockpiles as he outlines the reasons for an increase in defence spending. His comments come after Rishi Sunak’s new pledge that the UK will spend 2.5% of its gross domestic product (GDP) on defence by the end of the decade, amounting to 75 billion pounds. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak and German Chancellor Olaf Scholz held a joint press conference. Speaking today in Berlin, the prime minister confirmed the reduction in civil service headcount to pre-pandemic levels would partly fund the defence spending uplift. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak met the Chancellor Olaf Scholz in Berlin on Wednesday to discuss closer co-operation on security, trade and illegal migration.
Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak visits Germany, the day after announcing in Poland that the UK will spend 2.5% of GDP on defence by 2030. The prime minister is welcomed with military honours by Chancellor Olaf Scholz in the country's capital. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour will promise to deliver the biggest shake-up to rail "in a generation" by establishing the long-delayed Great British Railways (GBR) organisation and.. Sky News
The Conservatives were warned ex-Tory MP Mark Menzies's alleged misuse of party funds may have constituted fraud but the whistleblower was told there was no duty.. Sky News
A Tory activist who reported an MP over claims he misused party funds has told Sky News she is disappointed by the way her complaint has been handled. Sky News
Shadow Chancellor Rachel Reeves insists people are still worse off under a Tory government despite inflation falling to 3.2%, adding the reason for the fall was due to changes in global markets. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt says the Conservative Party "fully complies with all the requirements to be transparent about donations", as reports claim Frank Hester made a further £5m donation to the party. Prime Minister Rishi Sunak had already faced pressure to return Frank Hester's £10m donation after he made alleged racist and misogynistic remarks about Diane Abbott. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour has pledged to renationalise the railways if it wins the next general election, with the shadow transport secretary saying that "today's broken model simply doesn't work". The party says it will also introduce a new watchdog focusing on passengers, and streamline tickets and timetables. The government insists the plan will "do nothing" to improve service reliability or affordability. Meanwhile, passengers at Manchester Piccadilly station expressed frustration with rail services, but little enthusiasm for Labour’s plans. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Lib Dem leader Sir Ed Davey and his candidate Helen Morgan campaign in the North Shropshire constituency after Owen Paterson resignation prompted a by-election. The Lib Dem leader calls Mrs Morgan a "brilliant" MP and says that "even life long Conservative voters" want to back her. He also calls for fare prices to be frozen saying "the railways are in a total mess" and "something needs to be done". Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Protests took place outside the Post Office Inquiry as Angela van den Bogerd gave evidence saying she was "truly sorry" for the "devastation caused" by the wrongful conviction of subpostmasters. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour pledges to renationalise the railways if elected, in what the party calls the “biggest overhaul to our railways in a generation.” A Labour government will transfer rail networks to public ownership within its first term by folding existing private passenger rail contracts into a new body as they expire, Shadow Transport Secretary Louise Haigh says. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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