Chief Secretary to the Treasury Darren Jones says the Labour government is still committed to stimulating economic growth despite figures from the Office of National Statistics showing the economy recorded no growth in the third quarter of this year. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said she was âdisappointedâ by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget. The Office for National Statistics said gross domestic product contracted 0.1% in October. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Figures released by the Office for National Statistics (ONS) on Thursday put net migration at more than 900,000 in the year to June 2023, numbers Starmer blamed on the previous Conservative government.
Credit: euronews (in English) Duration: 01:32Published
Chief Secretary to the Treasury Darren Jones says the Labour government has brought stability back to the economy since high inflation under Liz Truss, and that businesses and working people will be pleased with inflation nearing the 2 per cent target.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride has called for Prime Minister Starmer to sack Treasury minister Tulip Siddiq, arguing it is âimpossibleâ for her to continue as anti-corruption minister while facing allegations linked to her auntâs political movement in Bangladesh. Stride said, âIf youâre in a Ministerial position, you have to be in a position to actually conduct the responsibilities for which youâre responsible, and I just donât think in her case that that is any longer possible.â Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Prime Minister will act on the findings of an independent investigation into Treasury minister Tulip Siddiq, Cabinet minister Peter Kyle has said. Following reports that she lived in properties in London linked to allies of her aunt, former Bangladesh prime minister Sheikh Hasina, Ms Siddiq referred herself to the independent adviser on ministerial standards Sir Laurie Magnus on Monday. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage has renewed calls for a national inquiry into grooming gangs, criticising the Jay Review as inadequate. Speaking at Reform UKâs North West conference, he claimed a targeted investigation was needed into what he described as âdeeply racistâ crimes. Farage said grooming gangs, âpredominantly of Pakistani origin,â targeted white working-class girls and that understanding the scale and motives of these crimes was crucial to stopping them. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage has said that he is âthoughtfulâ when asked if the UK should consider bringing back Shamima Begum. The Reform UK leader said that âinstinctivelyâ it is not something he would want to do but he is ânow thoughtfulâ about the matter. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves vowed to stand by her ânon-negotiableâ fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Bromptonâs flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial markets in the UK, but said the rules she set for herself in October were essential for economic stability. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK economy shrank for a second consecutive month in October, marking the first back-to-back decline since the pandemic. Shadow Chancellor Mel Stride criticised the government, claiming it inherited..
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