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.
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Sir Mel Stride defends a super injunction obtained by former defence secretary Ben Wallace to block the reporting a data leak relating to Afghan nationals who supported British forces during the Afghanistan War. The shadow chancellor says people could have been murdered and tortured had the Taliban got hold of the information. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Mel Stride, Shadow Chancellor said ''Putting taxes on businesses, borrowing a lot of money and spending a lot of money has kept inflation higher than it otherwise would have been.'' It comes as UK inflation rose to a near 18-month high in June as food prices surged for the third month running, according to official figures. Report by Gluszczykm. 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
Wrestling legend Buff Bagwell had a significant portion of his right leg amputated on Thursday. The former WCW star's good friend, Steve Stasiak, announced the.. TMZ.com
A rare baby okapi has been born at Chester Zoo. The “precious” calf was born to mum Ada and dad Stomp, following a 14-month pregnancy. Zoo keeper Jade Miner said the animal is "really rare" and the zoo is "very lucky" to welcome the calf. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A child has died and several people are injured after a coach crash at Cutcombe Hill in Somerset on Thursday afternoon. The coach was returning to Minehead Middle School from Exmoor Zoo when it slid down a six-metre bank off the A396. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Ed Davey has called for the temporary nationalisation of Thames Water as he reacted to the latest figures in the ongoing sewage crisis. Mr Davey also criticised the government's handling of the situation, saying Labour needs to "get its act together". It comes as a watchdog has revealed the number of serious water pollution incidents increased by 60 per cent last year.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tributes are being paid in Minehead to a child who was killed in a coach crash which left several others seriously injured.
Flowers have been left at the entrance to Minehead Middle School following the crash, which happened while the coach was carrying children back from a day trip to Exmoor Zoo.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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