Reeves: I understand why Waspi campaigners are disappointed
Video Credit: ODN - Duration: 00:38s - Published
Reeves: I understand why Waspi campaigners are disappointed
Rachel Reeves says she can understand why women affected by changes to the state pension age will feel "disappointed", but adds that paying an "expensive compensation bill" was not the best use of taxpayers' money.
Campaigners say the government's decision not to compensate women affected by changes to the state pension age, and their communication of these changes, are "bizarre and totally unjustified".
But the chancellor says the ombudsman has reported that around 90 percent of women knew the changes were coming.
Report by Brooksl.
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Rachel Reeves admits Aprilâs inflation rise to 3.5% is âclearly disappointingâ but acknowledges the figures are partly down to government policies to âstabiliseâ the economy. The chancellor says, âI do recognise that all policies have consequences, but if I hadn't have acted to stabilise the public finances, we would be in a worse position today." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Despite reported pressure from within the Labour Party, Chancellor Rachel Reeves insists the cut in winter fuel allowance for most pensioners âstandsâ, to âstabilise the public financesâ. 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 defends Britainâs new agreement with the European Union. Addressing MPs in the House of Commons, the chancellor said the governmentâs new deal will help make food cheaper, slash red tape, open up access the EU market and add nearly ÂŁ9bn to the UK economy by 2040. 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 a new post-Brexit deal with the EU marks a "really big day", praising it as a move to boost jobs, cut prices, and strengthen defence ties. The agreement, finalised ahead of a major EU summit, has reportedly been approved by the blocâs ambassadors and follows intense last-minute talks. 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's food security and the future of farming lies in Rachel Reeves' hands, a leading MP has said as a committee called on the government to delay farm.. Sky News
Households on the energy price cap will see a 7% reduction in their average annual payments from 1 July, Ofgem has confirmed. Ofgem's Tim Jarvis urged households on the price cap to "shop around" for savings as there are "better deals out there" despite the reduction in the default tariff. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for families who are under pressure with the cost of living. We have to continue the work of getting bills down for good."
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Justice Secretary Shabana Mahmood insists her priority is to avoid running out of prison places after agreeing to most of the proposals of former Conservative minister David Gauke. The independent report advocates allowing some criminals to be released from custody early to ease pressure on overcrowded prisons. Report by Blairm. 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 welcomeâ but admits the government needs to go âsignificantly furtherâ. 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
Sir Keir Starmer confirms he has signed an agreement to hand over sovereignty of the Chagos Islands to Mauritius in a deal that will cost ÂŁ101 million per year. Speaking from the UK's military headquarters, the prime minister says the base is "one of the most significant contributions that we make to our security relationship with the United States". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn