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Truss arrives at Downing Street as the new prime minister

Video Credit: ODN - Duration: 01:30s - Published
Truss arrives at Downing Street as the new prime minister

Truss arrives at Downing Street as the new prime minister

Liz Truss heads to Downing Street where she will form her Cabinet following her first speech as prime minister.

Report by Lewisl.

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Downing Street Downing Street Street in London, England

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Credit: ODN    Duration: 01:08Published
Sunak departs Downing Street for PMQs [Video]

Sunak departs Downing Street for PMQs

Rishi Sunak departs Downing Street ahead of this week’s Prime Minister's Questions. The Supreme Court ruling on a second Scottish Independence referendum is expected to feature heavily in today’s session. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:12Published
Ministers depart Downing St on morning of Autumn Statement [Video]

Ministers depart Downing St on morning of Autumn Statement

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Credit: ODN    Duration: 01:03Published

Liz Truss Liz Truss Prime Minister of the United Kingdom in 2022

Labour: Tory backbenchers are the ‘anti-growth coalition’ [Video]

Labour: Tory backbenchers are the ‘anti-growth coalition’

Labour shadow minister Pat McFadden says that former prime minister Liz Truss was “unwittingly” referring to Conservative backbenchers when she spoke of an “anti-growth coalition”. The government is facing opposition from Tory MPs over house building targets in its flagship Levelling Up and Regeneration Bill. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:44Published
Labour: UK economic situation is a ‘very British crisis’ [Video]

Labour: UK economic situation is a ‘very British crisis’

Labour's Pat McFadden says that today's Autumn Statement is "testament to the government's economic failure", following Liz Truss and Kwasi Kwarteng's mini-budget at the end of September. The Shadow Chief Secretary to The Treasury says Chancellor Jeremy Hunt is trying to "blame global factors as much as possible for the announcements he's made today." Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:09Published
Labour: severance pay ‘goes against every sense of decency’ [Video]

Labour: severance pay ‘goes against every sense of decency’

Labour calls the severance pay given to Liz Truss and Kwasi Kwarteng a “golden goodbye”, saying it “goes against every sense of decency”, while the Conservatives argue it exists because of “the unpredictable nature of ministerial office”. Report by Wardl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:10Published
BofE Governor: UK was hours from financial meltdown [Video]

BofE Governor: UK was hours from financial meltdown

Bank of England Governor, Andrew Bailey, has revealed to Channel 4 News that Britain was just “hours” from economic meltdown following Liz Truss’ mini-budget. Asked by Channel 4 News presenter and Investigations Editor, Cathy Newman, how close Britain came to financial Armageddon after the run on the pound, Bailey admitted: “I think at the point when we intervened I can tell you that the messages we were getting from the markets were that it was hours.” Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published
Bank of England Sets Biggest Rate Hike in 33 Years [Video]

Bank of England Sets Biggest Rate Hike in 33 Years

Bank of England Sets , Biggest Rate Hike in 33 Years. CNN reports that the central bank increased interest rates by three quarters of a percentage point on Nov. 3. The historical hike puts the Bank of England's benchmark rate at 3%. CNN reports that it hasn't been that high since November 2008. The U.S. Federal Reserve and European Central Bank made similar moves recently as soaring inflation continues to threaten a recession. . The U.S. Federal Reserve and European Central Bank made similar moves recently as soaring inflation continues to threaten a recession. . Inflation is too high, and it’s the bank’s job to bring it down. If we do not act forcefully now it will be worse later on, Andrew Bailey, Bank of England Governor, via press conference. CNN reports that the U.K.'s economy is expected to suffer through the beginning of 2024 “as high energy prices and materially tighter financial conditions weigh on spending.”. Bank of England Governor Andrew Bailey says GDP is expected to remain weak for a "prolonged" period. After the rate hike was announced, the British pound fell 2% against the American dollar. The country is also still trying to recover from former Prime Minister Liz Truss' "mini budget."

Credit: Wibbitz Top Stories    Duration: 01:31Published

Cabinet (government) Cabinet (government) Group of high ranking officials, usually representing the executive branch of government

Ministers arrive at 10 Downing Street for Cabinet meeting [Video]

Ministers arrive at 10 Downing Street for Cabinet meeting

Senior government ministers arrive at No.10 ahead of this week's Cabinet meeting. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:00Published
Cabinet members depart 10 Downing Street [Video]

Cabinet members depart 10 Downing Street

Cabinet members have departed 10 Downing Street following a meeting. Most MPs were asked about Gavin Williamson and the bullying rumours. Report by Browna. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:05Published
Rishi pickings: Who's in and out of Sunak's cabinet [Video]

Rishi pickings: Who's in and out of Sunak's cabinet

Hours after entering Number 10, new Prime Minister Rishi Sunak has already appointed his new Cabinet.    And it seems Liz Truss’s Cabinet was not filled with as many mistakes as we first thought…  Report by Chanda. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:05Published

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