Reeves hails ‘really big day’ as UK strikes EU deal
Video Credit: ODN - Duration: 02:27s - Published
Reeves hails ‘really big day’ as UK strikes EU deal
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 bloc’s ambassadors and follows intense last-minute talks.
Report by Covellm.
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Hungary’s Prime Minister Viktor Orbán has issued a stark warning: Ukraine joining NATO could spark a global war with Russia. Echoing Putin’s recent threats, Orbán says NATO expansion is a direct risk to peace in Europe. Hungary's foreign minister reinforced this stance, calling Ukraine's membership “impossible.” As NATO leaders push for more defense spending to counter Russia, divisions within the alliance deepen. While Europe arms up, Hungary distances itself—fearing the next move could ignite World War 3.
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Credit: euronews (in English) Duration: 02:06Published
European Commission President Ursula von der Leyen reminded Donald Trump that the EU remains open for a trade deal—but the U.S. President made it clear: China and India come first. Speaking after sealing deals with Beijing and hinting at a "very big" one with India, Trump gave no indication of engaging with Europe anytime soon. The EU, once a top U.S. economic partner, is now seemingly sidelined as Washington pivots eastward. The diplomatic slight leaves Brussels waiting in line—behind two of the world’s biggest emerging powerhouses.
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Prime Minister Sir Keir Starmer, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds visit a business in Nuneaton to promote the government’s new industrial strategy 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 doesn’t say whether the UK believes strikes by the US on Iran were legal. The Chancellor tells broadcasters during a visit in the West Midlands: "It is up to the US to make that case. We were not involved in these actions and, of course, we would never comment on the legal advice that the government receives." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision. Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly important but difficult job to do”. 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 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
The UK has agreed a deal with the EU for a fluid Gibraltar-Spain border, avoiding checks on people crossing. Gibraltar and Spanish officials will carry out joint checks at the airport, while goods will move freely across the land border. Foreign Secretary David Lammy called it “historic” after years of post-Brexit talks. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
On May 19, the UK and EU signed a pivotal trade deal aimed at slashing post-Brexit barriers in food, drink, and small business exports. UK-EU trade has suffered since Brexit, with UK exports to the EU down 9% and imports down 18% since 2019. The new agreement reduces costly red tape and opens access to the EU’s £150 billion defense fund, offering a boost to UK aerospace. With U.S. tariffs on UK goods still in place, Britain is shifting focus back to the EU for stability and economic resilience.
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Keir Starmer’s government is facing strong criticism after agreeing to a deal that allows EU fishing vessels continued access to UK waters for 12 more years. Scottish fishermen and politicians have slammed the agreement as a betrayal, calling it a “horror show” that endangers local communities and the fishing industry. The Scottish Government and opposition parties accuse UK ministers of ignoring devolved consent and sacrificing fishermen’s interests for political gain. Critics warn the deal risks harming coastal economies and undermines post-Brexit sovereignty.
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Rachel Reeves has hailed the new UK-US trade deal as being a "good deal" for sectors such as car manufacturing, aerospace, life sciences and steel. The chancellor adds the agreement is a "big..