Starmer’s plans to avoid repeat of Truss mini-budget chaos
Video Credit: ODN - Duration: 00:45s - Published
Starmer’s plans to avoid repeat of Truss mini-budget chaos
Labour Leader Sir Keir Starmer has set out his plans to ensure the Office for Budget Responsibility assesses every major fiscal statement by the government, to avoid future market fallouts like the one sparked by Liz Truss in 2022.
During a visit to the London Stock Exchange, he said: “Just a year or so ago we had the disastrous mini-budget of Liz Truss and people are still paying the price for that and that can never be allowed to happen again.” Report by Buseld.
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A "fantastic, historic day" — but is this trade deal really as good as it sounds? President Trump and Prime Minister Keir Starmer hail their new agreement, but there's more to this deal than meets the eye. This isn’t a full trade deal — it focuses on specific sectors like cars, steel, and agriculture.
Trump’s tariff reductions on UK exports, especially on cars and steel, might seem like a win, but the devil is in the details. With the 10% export tariff still in place for many UK goods, is this a victory for Britain or a compromise hidden behind the headlines?
Is this really the breakthrough the UK has been waiting for, or just a strategic move by Trump to secure better deals from other nations? Watch as we break down the key points and potential long-term consequences of this deal.
#TrumpTradeDeal #UKUSTrade #TariffCuts #KeirStarmer #TradeAgreement #UKUSRelations #CarTariffs #SteelTariffs #TrumpNews #GlobalTrade #Brexit #EconomicImpact #TradeWar #TradeNegotiations #USExports #TrumpStarmerDeal
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UK and US secure trade deal with changes for auto and agricultural goods
Donald Trump and Keir Starmer emphasised the strong relationship between their two countries, bonded by shared values, culture and a common language.
READ MORE : http://www.euronews.com/2025/05/08/uk-and-us-secure-trade-deal-with-changes-for-auto-and-agricultural-goods
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Credit: euronews (in English) Duration: 01:50Published
The prime minister has held a phone call with the US president after agreeing a "historic" trade deal. Speaking from the White House, Donald Trump says there could not be a "more perfect morning to reach this historic agreement", given that the deal has been announced on the same day that Europe celebrated victory in World War II. Sir Keir Starmer replied by paying tribute to the historic, close partnership between the UK and US, adding that "the timing couldn't be more apt". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has celebrated the new UK and US trade agreement, saying it will "boost trade between the two countries" and "create more jobs" in the UK. The prime minister travelled to Jaguar Land Rovers factory in the West Midlands to announce the landmark agreement.
Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer led the departures from the VE Day service on Thursday. The prime minister was accompanied by his wife Victoria as they left Westminster Abbey following the World War II commemorations. Following closely behind them was London mayor Sadiq Khan, former prime minister David Cameron and his wife Samantha and Rishi Sunak and his wife Akshata Murty. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The defence secretary says the government's commitment to NATO is "unshakeable". Speaking at the London Defence Conference, John Healey says Ukraine is fighting for the same freedoms that Europe fought for 80 years ago and that "the lesson of 80 years ago reminds us of the importance of alliances". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch says the UK-US trade agreement is "not a historic deal". The Conservative Party leader adds it is simply a "small tariffs deal" that leaves the country in a "worse position than we were in March". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour has proposed new plans to ensure ministers are legally bound to consult the Office for Budget Responsibility on major tax and spending changes, to prevent a recurrence of Liz Truss and Kwasi..
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