Reeves hits out at ‘reckless’ mini-budget as pound slumps
Video Credit: ODN - Duration: 01:08s - Published
Reeves hits out at ‘reckless’ mini-budget as pound slumps
Shadow chancellor Rachel Reeves criticises the government’s mini-budget as “reckless and irresponsible” as the pound falls to a record low against the US dollar.
Report by Jonesia.
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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
Shadow home secretary Yvette Cooper claimed Labour would bring in 13,000 more police officers in a bid to revive high streets. Ms Cooper claimed the government had "finally done a U-turn" as it now backed a previous Labour proposal to bring in a new law covering attacks on retail staff. The shadow home secretary was joined by deputy party leader Angela Rayner and shadow chancellor Rachel Reeves on a visit to the north east where they met with retail staff. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour's Rachel Reeves has announced plans to crack down on tax avoidance. The shadow chancellor said Labour will ensure "that people who make Britain their home pay their fair share of tax here in Britain." The shadow chancellor said Labour aims to raise £2.6bn over the next parliament by closing “loopholes” in the government’s plans to abolish exemptions for “non-doms". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jonathan Ashworth has urged the prime minister to call a general election “now”. Whilst campaigning in Blackpool alongside Rachel Reeves, the shadow paymaster general claimed that “weak Rishi Sunak is running scared,” and that whilst the prime minister can “delay the choice the British people want to make, but [he] cannot in the end run away from their verdict.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said that “we are at a moment of de-convergence, trailing and falling further behind our competitors”, which she says has had “serious consequences for living standards, with real household disposable income set to be lower at the end of this parliament than at the beginning. The shadow chancellor delivered the key pre-election message to the business and economic community during the annual Mais Lecture in the city of London. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Work and Pensions Secretary Chloe Smith defends the measures taken by Chancellor Kwasi Kwarteng in last week’s mini-budget, despite the pound falling to a record low against the US dollar. Report by..
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