Shadow Chancellor: Rates hike due to UK's unique exposure
Video Credit: ODN - Duration: 00:36s - Published
Shadow Chancellor: Rates hike due to UK's unique exposure
Shadow Chancellor Rachel Reeves says the UK is facing its twelfth increase in interest rates because Britain has been "uniquely exposed" to the global economic crisis.
Report by Rowlandi.
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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
Former Scottish first minister Nicola Sturgeon has said the situation has been "incredibly difficult" after her husband, former SNP chief executive Peter Murrell, was charged in connection with an alleged embezzlement of funds.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
First Minister of Scotland Humza Yousaf has said the news that former SNP chief executive Peter Murrell has been charged in connection with embezzlement of funds is a "really serious matter indeed".
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Rishi Sunak promises to “sit there and vote” until his Rwanda Bill is passed on Monday.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak hopes to strip GPs of their power to sign people off work as part of a plan to tackle what he calls the UK's "sick note culture".
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Former SNP chief Peter Murrell returns home on Thursday evening after being charged in connection with the embezzlement of funds from the Scottish National Party.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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