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 âdisappointedâ by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget.
As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest.. Sky News
Chancellor Rachel Reeves insists she is âconfidentâ the UK can secure a trade deal with the United States but will âonly ever actâ in the national interest in agreeing to one. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves said the UK is âresolvedâ to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of protecting British jobs and industry while continuing talks with American counterparts. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Virginia Giuffreâs family found a raw, handwritten note she penned before taking her own life -- and now theyâre sharing it with the world. In a Facebook.. TMZ.com
Conservative leader Kemi Badenoch says she feels âvindicatedâ as former prime minister Tony Blair predicts net zero plans are âdoomed to failâ. Badenoch continues saying, âthe plans we have for net zero by 2050 are impossible.â
Report by AJAGBEF. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Environment Secretary Steve Reed promises to use âaggressiveâ tactics to tackle fly tipping, arguing âpeople are furious to see their communities buried under an avalanche of rubbishâ.
Report by AJAGBEF. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Environment Secretary Victoria Atkins calls the governmentâs new crackdown on the illegal dumping of litter âa mountain of rubbishâ. Atkins expresses deep concern for the rural residents saying âfly tipping is the number one issue that people worry aboutâ.
Report by AJAGBEF. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch accuses Labour of âchasing Reformâ, saying âthey want to sound like theyâre strong on migration". Her comments come as the government introduces new measures to deny asylum seekers the right the stay in the UK if convicted of committing sexual offences. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Ed Davey says the latest figures showing a dip in UK growth are "really disappointing". The Liberal Democrat leader adds that the figures are a result of the Labour government's budget, their jobs tax and their lack of a growth strategy. His comments come after the latest Office for National Statistics data showed growth contracted by 0.1% in January. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A health minister says long-term, systemic domestic problems and a volatile global state has affected UK growth, as the latest Office for National Statistics figures show the economy contracted by 0.1% in January. Karin Smyth adds growth "is difficult, it's going to take some time, but we are determined to get there". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Robert Jenrick says "confidence has collapsed within our economy", after the latest Office for National Statistics figures show it contracted by 0.1% in January. The shadow justice secretary says the figures are a result of Rachel Reeves' "disastrous" Autumn budget, and urges the chancellor to stop her "anti-growth measures" and "put the economy back on firm footing again". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says the government is "determined" to turn around a decade of poor growth performance, after the latest Office for National Statistics figures show the UK economy contracted by 0.1% in January. The announcement is a blow to the chancellor ahead of her Spring statement on March 26. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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