The shadow chancellor says it is "deeply disappointing" that the economy shrunk by 0.3% in April, a figure higher than expected. Mel Stride adds, "this is a budget that's spiralling ever-upwards and this government is failing to get a grip on". 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 Sir Mel Stride called Rachel Reevesâ plans a âspend-now, tax-later reviewâ, warning sheâll return in autumn with âyet more taxesâ. He said the review is ânot worth the paper itâs written onâ and accused Reeves of losing control, predicting a âcruel summer of speculationâ after what he calls months of economic chaos. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has said the Conservative Party has changed in a speech delivered on Thursday. The shadow chancellor admitted the 2022 mini-budget "was a mistake". "The Conservative Party is needed now more than ever but to win the fight, we will need thoughtfulness," Mr Stride added.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride admitted the mini-budget was "a mistake". The shadow chancellor made the remarks ahead of a speech he is set to deliver on Thursday. Mr Stride also warned the Labour Party is "not fiscally credible" and is "making a lot of mistakes". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Sir Mel Stride describes Aprilâs rise in inflation to 3.5% as âpretty shockingâ and says they are âdown to government choicesâ, citing public sector pay rises and increases in employers' National Insurance. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
It was billed as a massive moment in British economic policymaking - a juncture where the Labour government would turn its economic philosophy into a fiscal.. Sky News
MP for Richmond Park Sarah Olney welcomed the spending reviewâs investment into social care but said she remains concerned about the lack of money for police in London.
It comes as Chancellor Rachel Reeves announced policing will get more cash to allow Labour to fulfil its manifesto pledge of introducing 13,000 extra police officers in England and Wales. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Day-to-day spending on the NHS will increase by ÂŁ29bn a year, Rachel Reeves has announced as she accepted voters are yet to feel an improvement under Labour. Sky News
Kemi Badenoch accused Sir Keir Starmer of failing on the economy, claiming unemployment had âsurgedâ since Labour took office. The PM hit back at PMQs, saying 500,000 more people are in work and highlighting jobs from defence, energy and housing projects. Starmer said Labour is investing in Britainâs future, while the Tories âtalk Britain downâ. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
This spending review is a massive deal. It's a massive deal because of the sums of money and capital the government is about to allocate - ÂŁ600bn over the next.. Sky News
David Lammy says his thoughts are with those affected by the "tragic" plane crash in India. The foreign secretary's comments come after it was confirmed 53 British nationals were onboard the plane when it crashed in the city of Ahmedabad on Thursday. Local authorities say there are no survivors. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former GB News presenter Laurence Fox has appeared at Woolwich Crown Court after he was charged with sharing an 'upskirting' photo of TV broadcaster Narinder Kaur and posting the compromising photo on social media. 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 it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. 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 has hailed the government's "significant progress" to get NHS hospital waiting lists down by almost a quarter of a million. The chancellor adds the extra funding for the NHS in Wednesday's spending review should help waiting lists fall further. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn