The chancellor says that the OBR also forecasts that inflation will fall from 10.7% to 2.9% by the end of 2023, insisting "we are following the plan and the plan is working".
Report by Wardl.
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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
The chair of the Office for Budget Responsibility says the chancellor still has £9 billion in headroom after announcing a 2p National Insurance tax cut in his Budget. Richard Hughes adds the OBR has revised projected net migration figures to 315,000 a year, despite the government's promises to cut the number. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
Chancellor Jeremy Hunt says the latest inflation rates are 'encouraging' alongside 'strong' fundementals that show the British economy is set to grow after a tough period. 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 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
Sir Keir Starmer has outlined the importance of the UK’s nuclear deterrent in his plan for national security, aiming to increase defence spending to 2.5% of GDP. The commitment aligns with Chancellor Jeremy Hunt’s, signalling a dramatic shift from the policies of his predecessor, Jeremy Corbyn. Labour hopes to direct UK defence investment to British business, and increase jobs and skills in defence. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour leader Sir Keir Starmer says his government would transfer the 10 remaining privately run rail networks to public ownership “well within the first term” by folding existing private passenger rail contracts into a new body as they expire. His comments come during a visit to a train manufacturer Hitachi in Newton Aycliffe, Co Durham. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Superintendent Ross Evans from Dyfed Powys Police says a 13 year girl has been charged with three counts of attempted murder. She was arrested yesterday after three people, two teachers and a student, were stabbed at a school in Wales during the morning break. It’s an incident that’s left the local community in shock. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The sister of the headteacher Ruth Perry, who took her own life following an Ofsted report, says it's "depressing" to see the Government has decided to keep one word judgements for school inspections. The government was asked by the Education Select Committee to scrap the single word assessment - such as "outstanding or inadequate" - but said today it's keeping the headline grade because it provides a "succinct" summary for parents and schools. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Angela van den Bogerd, a former senior director at the Post Office, arrived at the Post Office Horizon IT Inquiry on Thursday morning. She began with an apology on the first of her two days of giving evidence, telling the inquiry she was "truly, truly sorry" for the "devastation" caused to wrongly convicted sub-postmasters and their families. Errors in the Post Office's Horizon IT system meant money appeared to be missing from many branch accounts when, in fact, it was not. As a result, more than 700 sub-postmasters were handed criminal convictions between 1999 and 2015. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Prince of Wales met 11-year-old Harry and his mother as he opened the Anchor Point community centre in Aston, Birmingham.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK Chancellor started by stating that the Office for Budget Responsibility predicts that the UK will avoid a technical recession, with inflation projected to decrease to 2.9% by the end of the..
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