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.
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Chancellor Rachel Reeves has promised to "fix" the "mess" the Conservative government left in the economy, amid reports of a £20bn "black hole" in the public.. Sky News
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Chancellor Rachel Reeves has described a planned average 21% increase to water bills as a “bitter pill” for consumers amid the sewage pollution scandal and cost-of-living crisis. Household water bills in England and Wales are to rise by an average £19 a year over the next five years. Rachel Reeves promised the Government will “get a grip” on the water sector. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has announced a plan to grow the economy, including building new housing and infrastructure. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
More than 15 Barclays branches across England and Scotland have been covered in red paint, had windows smashed, and had ATMs damaged, including this one here in Moorgate, City of London. The attacks are part of protests by pro-Palestine group Palestine Action, who are calling on the bank to divest from arms companies that sell to Israel, as well as firms linked to fossil fuels. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mayor of Greater Manchester Andy Burnham has again called for calm after the Manchester Airport video, saying people do not want politicians to exploit the situation for their own political agenda. Roads and tram lines were blocked in Manchester city centre during a Stand Up To Racism demonstration which started outside Andy Burnham’s office on Thursday. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
With just hours to go before the Paris Olympics opening ceremony, France's high speed rail network has been hit by so-called 'acts of sabotage'. Some customers have been left unable to make the journey across the Channel due to the disruption, with others severely delayed. The London to Paris operator, Eurostar, has warned a quarter of services will be cancelled over the weekend - with many others diverted. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Protesters are being urged to listen to the family of a man kicked by a police officer at Manchester Airport and ensure calm prevails after a second night of demonstrations. Rochdale Labour MP Paul Waugh, who has met with the family involved in the incident at the airport, said that the family want to "send out a message of calm" and that their priority is "seeking justice". Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Large queues form at London St Pancras railway station as Eurostar services are being hit by cancellations as a result of a "malicious attack" on the service in France. One in four Eurostar trains will be cancelled on today and over the weekend following “co-ordinated” vandalism which caused disruption ahead of the Olympics in Paris. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has become the fourth Conservative MP to announce they are joining the race for the party’s leadership. Mr Stride, the MP for Central Devon, said he believed he was the right person to “unite the party”. The former work and pensions secretary retained his seat by just 61 votes at the General Election. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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