Tories: Wage rises could keep interest rates higher
Video Credit: ODN - Duration: 01:19s - Published
Tories: Wage rises could keep interest rates higher
Mel Stride says he is concerned about “pretty high wage increases" across the public sector which he believes could mean interest rates remain “higher for longer”.
The shadow work and pensions secretary says he is not “overly concerned” about figures released by the ONS which show a rise of inflation to 2.2% for July.
Report by Blairm.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has appeared to distance himself from Robert Jenrick, who earlier posted a video on social media claiming Rachel Reeves' career as chancellor was "dead". The shadow chancellor adds, "everybody has their own particular way of conducting their politics". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride admits he felt "very upset" seeing a tearful Rachel Reeves sitting opposite him at PMQs in the House of Commons. The shadow chancellor adds that he sent her a message to make sure she was alright. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Sir Mel Stride describes Wednesday’s inflation figures of 3.4% as “pretty disappointing” saying it is “of this government’s making” after putting up National Insurance for employers in the last budget. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor says it is "deeply disappointing" that the economy shrunk by 0.3% in April, a figure higher than expected. Mel Stride adds, "this is a budget that's spiralling ever-upwards and this government is failing to get a grip on". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow chancellor Sir Mel Stride called Rachel Reeves’ plans a “spend-now, tax-later review”, warning she’ll return in autumn with “yet more taxes”. He said the review is “not worth the paper it’s written on” and accused Reeves of losing control, predicting a “cruel summer of speculation” after what he calls months of economic chaos. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch says the Conservative Party's immigration policies are "much tighter" than before and that exit checks are needed. The party leader's comments come after a cross-party committee of MPs said the Home Office had failed to check whether foreign workers were leaving the UK or staying to work illegally. She adds that small boat crossings have increased under Labour and "everything is getting worse". 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 she is "glad" the government chose to proscribe Palestine Action as a terrorist group. The Conservative Party leader adds, "some people believe they can just destroy things and get away with it". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jordan Henderson lays flowers at the memorial for former teammate Diogo Jota outside Anfield. The ex-Liverpool captain can be seen wiping tears from his eyes, as he stands among a sea of scarves, flags and balloons. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A sea of scarves, flowers and football shirts have been laid outside Anfield, as tributes continue to pour in for Diogo Jota. The Liverpool forward and his brother Andre Silva died in a car accident in the Spanish province of Zamora in the early hours of Thursday morning. 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 government is "not in control of the country" and that Sir Keir Starmer is "completely at sea". The Conservative Party leader adds that Labour is "refusing" to deal with the "many people" that don't need benefits. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
![Stride distances himself from Jenrick's claims about Reeves [Video]](https://video.newsserve.net/300/v/20250703/1415390350-Stride-distances-himself-from-Jenrick-claims-about.jpg)
![Shadow Chancellor: I felt very upset seeing tearful Reeves [Video]](https://video.newsserve.net/300/v/20250703/1415389352-Shadow-Chancellor-felt-very-upset-seeing-tearful.jpg)
![Tories: Inflation figures are of government’s making [Video]](https://video.newsserve.net/300/v/20250618/1414225560-Tories-Inflation-figures-are-of-government-making.jpg)
![Tories: 0.3% shrink in economy is deeply disappointing [Video]](https://video.newsserve.net/300/v/20250612/1413689122-Tories-shrink-in-economy-is-deeply.jpg)
![Stride: Reeves will return with ‘yet more taxes' [Video]](https://video.newsserve.net/300/v/20250611/1413611508-Stride-Reeves-will-return-with-yet-more-taxes.jpg)
![Badenoch: Govt has no plan to reduce small boat crossings [Video]](https://video.newsserve.net/300/v/20250704/1415533746-Badenoch-Govt-has-no-plan-to-reduce-small.jpg)
![Badenoch 'glad' govt proscribed Palestine Action [Video]](https://video.newsserve.net/300/v/20250704/1415532318-Badenoch-glad-govt-proscribed-Palestine-Action.jpg)
![Jordan Henderson wipes away tears at Diogo Jota memorial [Video]](https://video.newsserve.net/300/v/20250704/1415529742-Jordan-Henderson-wipes-away-tears-at-Diogo-Jota.jpg)
![A sea of tributes laid outside Anfield for Diogo Jota [Video]](https://video.newsserve.net/300/v/20250704/1415521510-sea-of-tributes-laid-outside-Anfield-for.jpg)
![Badenoch: Govt has lost control of the country [Video]](https://video.newsserve.net/300/v/20250704/1415520034-Badenoch-Govt-has-lost-control-of-the-country.jpg)
