Reeves 'disappointed' by UK economy unexpectedly shrinking
Video Credit: ODN - Duration: 00:47s - Published
Reeves 'disappointed' by UK economy unexpectedly shrinking
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 “disappointed” by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget.
Shadow Business Secretary Andrew Griffith calls on chancellor Rachel Reeves to rule out tax rises on wealth creators ahead of her Mansion House speech this evening – warning that ‘another summer of uncertainty’ is ‘putting job hiring and investment on hold’. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says it is "clear" she was "upset" at PMQs on Wednesday, adding the reason she was tearful was down to a "personal issue". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer, Rachel Reeves and Wes Streeting tour a health facility in east London, as the government sets out its 10-year plan for the NHS. The chancellor could be seen smiling and laughing with her colleagues, a day after appearing tearful at PMQs. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer said he has "every faith" in his chancellor, a day after Rachel Reeves appeared tearful at PMQs, sparking rumours about her future. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A prison van leaves Newcastle Crown Court where two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The two men who cut down the famous tree at Sycamore Gap out of “sheer bravado” have each been jailed for four years and three months. Former friends Daniel Graham, 39, and Adam Carruthers, 32, were convicted of criminal damage to the much-loved tree, which had stood for more than 100 years in a fold in the Northumberland landscape. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Drivers across the UK will soon enjoy discounts on dozens of new electric car models after the government announced a £650 million grant scheme worth up to £3,750 per car, as part of the Plan for Change and making owning an electric car a reality for thousands. Roads Minister Lilian Greenwood said: "You can save up to £1500 a year if you switch to electric. If you can charge at home overnight, you can be paying as little as 2p per mile to drive an electric car." Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers depart after a weekly cabinet meeting chaired by Sir Keir Starmer at 10 Downing Street. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Home Secretary Yvette Cooper says the fall in net migration "is important and welcome” but admits the government needs to go “significantly further”. The figure stood at an estimated 431,000 in the year ending December 2024, down 49.9% from 860,000 a year earlier, the Office for National Statistics said. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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