Growth still priority say Labour, despite poor figures
Video Credit: ODN - Duration: 00:37s - Published
Growth still priority say Labour, despite poor figures
Chief Secretary to the Treasury Darren Jones says the Labour government is still committed to stimulating economic growth despite figures from the Office of National Statistics showing the economy recorded no growth in the third quarter of this year.
Report by Etemadil.
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Cabinet minister Darren Jones says he has “every confidence” that Lord Peter Mandelson's appointment as UK ambassador to the US will be approved by Donald Trump's team. There were reports in a number of newspapers on Sunday that the Trump administration could be considering not granting approval to Lord Mandelson's new position. The chief secretary to the Treasury also distances the government from comments made by Sir Sadiq Khan where the Mayor of London warned over 'resurgent fascism' ahead of Trump’s inauguration. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Darren Jones says Tulip Siddiq's resignation from the government can be seen as a "clear success" for Sir Keir Starmer, as it shows the prime minister's new independent process for investigating ministerial conduct "has worked". The chief secretary to the Treasury adds Siddiq "was a good minister doing a great job", but that she accepted her wider family had become a "distraction" for the government. Siddiq resigned as Treasury minister 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
Chief Secretary to the Treasury Darren Jones says the Labour government has brought stability back to the economy since high inflation under Liz Truss, and that businesses and working people will be pleased with inflation nearing the 2 per cent target.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow paymaster general has voiced his concerns about Labour's education policy ahead of the government's launch of a major consultation and review of education regulator, Ofsted, including plans to use colour-coding to grade schools. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
UK retail sales unexpectedly declined last month in a blow to the sector during the all-important festive shopping season, new official figures show. The volume of retail sales – which measures the quantity bought – fell by 0.3% in December, the Office for National Statistics said. Retail analyst Kate Hardcastle said that the flop in sales was down to "savvy" customers who "cut corners" to save money. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and faster in delivering growth to make people in Britain better off". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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. The Office for National Statistics said gross domestic product contracted 0.1% in October. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A senior Conservative has said the messages sacked Labour minister Andrew Gwynne reportedly posted in a WhatsApp chat were “concerning". Shadow Cabinet Office Minister Alex Burghart says Andrew Gwynne’s suspension raises “serious questions” about whether he should remain an MP. 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