India  
 
NewsR.in

Autumn Statement: 'The UK is now in recession', says OBR

Video Credit: ODN - Duration: 01:26s - Published
Autumn Statement: 'The UK is now in recession', says OBR

Autumn Statement: 'The UK is now in recession', says OBR

The Office for Budget Responsibility has said the UK is "now in recession", Jeremy Hunt told the House of Commons during his Autumn Statement.

The Chancellor went on to say that the economic forecaster believed the "recession is shallower and inflation is reduced" because of his fiscal plans.

Report by Buseld.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


💡 newsR Knowledge: Other News Mentions

Jeremy Hunt Jeremy Hunt Chancellor of the Exchequer since 2022

Hunt: Latest UK economic growth is encouraging [Video]

Hunt: Latest UK economic growth is encouraging

Jeremy Hunt has said it is "encouraging" that ONS figures show the UK economy has grown by 0.6% between January and March. The chancellor argues that Labour is the party "gaslighting" the public by saying everything is "going wrong with the British economy" and that the latest statistics show Britain's longer term prospects are "significant". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:14Published
Hunt: BoE governor's optimism on economy is encouraging [Video]

Hunt: BoE governor's optimism on economy is encouraging

Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:05Published
Hunt visits Morrison's store to mark NI cut [Video]

Hunt visits Morrison's store to mark NI cut

Chancellor Jeremy Hunt has welcomed the cut to National Insurance by visiting a Morrison's store to meet its employees. He reiterated the government's aspiration to reduce even more of the tax when it was 'responsible' to do so. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:34Published
PM, Hunt and Shapps arrive in Poland for Nato security talks [Video]

PM, Hunt and Shapps arrive in Poland for Nato security talks

Rishi Sunak, Jeremy Hunt and Grant Shapps have been greeted by the British ambassador to Poland, Anna Clunes, at Warsaw Airport. The prime minister is in Poland to discuss security with his counterpart Donald Tusk and Nato Secretary General Jens Stoltenberg. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:38Published
Hunt would like to relieve tax burden in 'responsible' way [Video]

Hunt would like to relieve tax burden in 'responsible' way

Chancellor Jeremy Hunt says he would like to bring down taxes - but only if it were fiscally responsible. He adds he would also like to put more money into public services through growing the economy rather than more funding. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:04Published

Office for Budget Responsibility Office for Budget Responsibility Advisory non-departmental public body in the UK

PM insists it is ‘very important’ to get debt under control [Video]

PM insists it is ‘very important’ to get debt under control

Responding to The Office for Budget Responsibility’s figures, forecasting that national debt will rise every year for the next four years, the prime minister says it is "very important we have debt under control" and points to the "context" of the last few years, including the pandemic. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:56Published

House of Commons of the United Kingdom House of Commons of the United Kingdom Lower house of the UK Parliament

PM reassures the public following cyber attack [Video]

PM reassures the public following cyber attack

Rishi Sunak has reassured the public following a major data breach at the Ministry of Defence, which impacted a third-party payroll system. "I do want to reassure people the Ministry of Defence has already taken action, removing the network and taking it offline and making sure the people affected are supported in the right way," he said. He refused to be drawn on claims China is behind the data breach, but confirmed defence secretary Grant Shapps will address MPs in the House of Commons later today. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:16Published
Parliament passes Rwanda Bill after months of back and forth [Video]

Parliament passes Rwanda Bill after months of back and forth

The government's controversial Rwanda Bill has finally been passed in Parliament after months of back and forth between the House of Commons and House of Lords. It will now head for Royal Assent before becoming law. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:59Published
Rishi Sunak: The conflict in Gaza must end [Video]

Rishi Sunak: The conflict in Gaza must end

Rishi Sunak said the conflict in Gaza "must end" as he addressed MPs in the House of Commons. The prime minister said he will be speaking to Israeli prime minister Benjamin Netanyahu, to express solidarity and to discuss how we can prevent further escalation. "Nothing that has happened over the last 48 hours affects our position on Gaza. The whole country wants to see an end to the bloodshed and to see more humanitarian support going in," he added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published
Labour: Lord Cameron dodging scrutiny on Israel arms sales [Video]

Labour: Lord Cameron dodging scrutiny on Israel arms sales

Lord David Cameron has faced accusations of hiding from scrutiny amid questions about the UK’s arms sales to Israel. The Foreign Secretary’s Labour counterpart, David Lammy, has called for Lord Cameron to appear in the House of Commons and answer MPs directly on arms export licences. MPs from across the political spectrum have suggested the UK should stop selling weapons to Israel for fear of breaching international humanitarian law. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:21Published
Minister blames Labour for Rwanda bill delay [Video]

Minister blames Labour for Rwanda bill delay

Responding to the record numbers of migrants arriving in the UK after crossing the English Channel, Gillian Keegan blames Labour for slowing the progress of the government’s Rwanda Bill. The education secretary says, "It is now stuck in the House of Lords and the House of Commons, held up by Labour MPs and Labour peers.” Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:06Published

Related videos from verified sources

Jeremy Hunt announces tax increases in autumn statement [Video]

Jeremy Hunt announces tax increases in autumn statement

In a statement to MPs, the chancellor outlined his fiscal plans, which he said would tackle the cost of living crisis, address inflation and rebuild the UK economy. Hunt said the economy was already in..

Credit: Rumble     Duration: 02:11Published
'We will face into the storm,' vows Chancellor [Video]

'We will face into the storm,' vows Chancellor

Jeremy Hunt has hailed the "tough, inventive and resourceful" British people as he promised to "face into the storm" of the economic crisis during his Autumn Statement. In an impassioned closing..

Credit: ODN     Duration: 01:45Published