The shadow chancellor has said the rise in inflation to 2.8% is "worrying." UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
Mel Stride said a key componenent to the increase has been energy bills.
"The winter fuel payment has been removed for a lot of pensioners including the most vulnerable so I think a lot of people will be worried about this," Mr Stride said.
Report by Kennedyl.
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Shadow Chancellor Sir Mel Stride describes Wednesdayâs inflation figures of 3.4% as âpretty disappointingâ saying it is âof this governmentâs makingâ 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 Reevesâ plans a âspend-now, tax-later reviewâ, warning sheâll return in autumn with âyet more taxesâ. He said the review is ânot worth the paper itâs written onâ and accused Reeves of losing control, predicting a âcruel summer of speculationâ 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
Mel Stride has said the Conservative Party has changed in a speech delivered on Thursday. The shadow chancellor admitted the 2022 mini-budget "was a mistake". "The Conservative Party is needed now more than ever but to win the fight, we will need thoughtfulness," Mr Stride added.
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Mel Stride admitted the mini-budget was "a mistake". The shadow chancellor made the remarks ahead of a speech he is set to deliver on Thursday. Mr Stride also warned the Labour Party is "not fiscally credible" and is "making a lot of mistakes". 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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The England womenâs national football team have arrived in ZĂŒrich for the start of the European Championship in Switzerland. Euro 2025 kicks off on Wednesday, with Englandâs first Group D match against France taking place on Saturday evening. The Lionesses were visited by Prince William at St Georgeâs Park earlier on Monday before flying out to Switzerland. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Beachgoers in Brighton enjoy the hot, sunny weather as temperatures surpassed 30C in England on Monday. Heathrow Airport recorded the highest temperature of the day so far with a high of 33C. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tennis fans arrive in southwest London for the what is expected to be the hottest ever opening day of the Wimbledon Tennis Championships. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ben Askren has undergone double lung transplant surgery ... and following the procedure, his wife shared she's now full of optimism about his future. Amy Askren.. TMZ.com
Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government âtalking down of the economyâ. UK economic growth slowed between July and September relative..