UK Economy contracts for second month amid Tory criticism
Video Credit: ODN - Duration: 00:58s - Published
UK Economy contracts for second month amid Tory criticism
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 a fast-growing economy but is now "talking down" the UK, causing higher taxes, inflation, and unemployment.
Stride warned businesses are "sounding the alarm" due to the government's "doom and gloom" economic narrative.
Report by Covellm.
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The shadow chancellor has argued that Rachel Reeves's plan to expand Heathrow Airport doesn't do enough to tackle economic issues affecting people now, claiming it will only come into effect in the next 10-30 years, if at all. Mel Stride did, however, assert his support for Reeves's planned Heathrow expansion, despite citing Labour divisions about the issue including Mayor of London Sir Sadiq Khan's objections. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride says Prime Minister Sir Keir Starmer "should have acted earlier" to ensure Tulip Siddiq left the government over an anti-corruption investigation into her wider family in Bangladesh. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor says the Treasury "should not be popping champagne corks" over the unexpected dip in inflation to 2.5% in December. Mel Stride adds the government has "killed growth stone dead" after inheriting an economy that was "much better than they make out". 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 Mel Stride has called for Prime Minister Starmer to sack Treasury minister Tulip Siddiq, arguing it is “impossible” for her to continue as anti-corruption minister while facing allegations linked to her aunt’s political movement in Bangladesh. Stride said, “If you’re in a Ministerial position, you have to be in a position to actually conduct the responsibilities for which you’re responsible, and I just don’t think in her case that that is any longer possible.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Hundreds of people have gathered to remember 15-year-old Harvey Willgoose who was stabbed to death at his school. Bishop Ralph Heskett, the Bishop of Hallam, asked for St Marie’s Cathedral in central Sheffield to be open for those wanting a place for private prayer. Harvey died on Monday after being killed at All Saints Catholic School in Granville Road in the city. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Liberal Democrat leader Sir Ed Davey criticised the government for failing to properly consult bereaved families before confirming Grenfell Tower’s demolition. He urged the importance of involving survivors and relatives at every stage. Davey also encouraged ministers to speed up the removal of dangerous cladding from other buildings to prevent future tragedies. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The late Barry Humphries’ personal collection is up for auction, featuring Dame Edna Everage’s iconic diamante glasses. A stage and screen veteran, Humphries delighted audiences with satirical characters like Dame Edna and Sir Les Patterson. The Australian entertainer died in April 2023, aged 89. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A major railway line is closed after a car driven by a suspected drunk-driver crashed onto train tracks, causing disruption to train services between Manchester and Liverpool. Greater Manchester Police said the driver of the car, a man in his 30s, was arrested on suspicion of drink-driving. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The energy secretary has stressed that a third runway at Heathrow Airport would be delivered in line with the government's plans on reducing carbon emissions. Ed Miliband said: "This government has shown global leadership on the climate crisis since we came to power" and that "any decision on aviation expansion will have to meet our carbon budgets and local environmental standards". Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn