Reeves: Hunt's statement lays bare govt's damage to economy
Video Credit: ODN - Duration: 02:11s - Published
Reeves: Hunt's statement lays bare govt's damage to economy
The shadow chancellor says Jeremy Hunt's autumn statement "lays bare the full scale of the damage the government has done to the economy over 13 years".
Rachel Reeves says growth "has hit a dead end" and that working people will consider themselves "still worse off".
Report by Brooksl.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
On the politics, this is a win for Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves. And a big one: just at the point he really needed it after.. Sky News
Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves said the UK is “resolved” to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of protecting British jobs and industry while continuing talks with American counterparts. 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 met his Norwegian counterpart Jonas Gahr Støre at the Joint Expeditionary Force (JEF) Summit in Oslo. The prime ministers then sat at a roundtable for discussions over regional security challenges with other European heads of state. The JEF coalition consists of the UK, Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, the Netherlands, Sweden and Norway. 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
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
The Scottish first minister says the UK government has "trashed and tanked the UK economy" and that Scotland is "suffering as a result". Reacting to Chancellor Jeremy Hunt's autumn statement, Humza..
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Chancellor ‘confident’ of trade deal with the US [Video]](https://video.newsserve.net/300/v/20250423/1408897144-Chancellor-confident-of-trade-deal-with-the-US.jpg)
![Reeves: We are in active negotiations with the US [Video]](https://video.newsserve.net/300/v/20250417/1408354502-Reeves-We-are-in-active-negotiations-with-the.jpg)
![Reeves: UK focused on US deal while expanding global trade [Video]](https://video.newsserve.net/300/v/20250411/1407781122-Reeves-UK-focused-on-US-deal-while-expanding.jpg)
![Starmer meets Norwegian PM Gahr Støre at security summit [Video]](https://video.newsserve.net/300/v/20250509/1410284788-Starmer-meets-Norwegian-PM-Gahr-Støre-at-security.jpg)
![Defence Secretary: Our commitment to NATO is unshakeable [Video]](https://video.newsserve.net/300/v/20250509/1410282652-Defence-Secretary-Our-commitment-to-NATO-is-unshakeable.jpg)
![Badenoch: UK-US trade deal leaves UK in worse position [Video]](https://video.newsserve.net/300/v/20250508/1410234486-Badenoch-UK-US-trade-deal-leaves-UK-in.jpg)
![BoE Governor 'very pleased' about UK-US trade deal [Video]](https://video.newsserve.net/300/v/20250508/1410228162-BoE-Governor-very-pleased-about-UK-US-trade.jpg)
![Starmer and Trump hail trade deal during phone call [Video]](https://video.newsserve.net/300/v/20250508/1410223048-Starmer-and-Trump-hail-trade-deal-during-phone.jpg)
![Yousaf: Tory govt has trashed and tanked UK economy [Video]](https://video.newsserve.net/300/v/20231122/1360997048-Yousaf-Tory-govt-has-trashed-and-tanked-UK.jpg)
