Chancellor reacts to ‘disappointing’ inflation figures
Video Credit: ODN - Duration: 01:25s - Published
Chancellor reacts to ‘disappointing’ inflation figures
Rachel Reeves admits April’s inflation rise to 3.5% is “clearly disappointing” but acknowledges the figures are partly down to government policies to “stabilise” the economy.
The chancellor says, “I 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.
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Despite reported pressure from within the Labour Party, Chancellor Rachel Reeves insists the cut in winter fuel allowance for most pensioners “stands”, to “stabilise the public finances”. 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 Britain’s new agreement with the European Union. Addressing MPs in the House of Commons, the chancellor said the government’s new deal will help make food cheaper, slash red tape, open up access the EU market and add nearly £9bn 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 bloc’s 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
Shadow Chancellor Sir Mel Stride describes April’s rise in inflation to 3.5% as “pretty shocking” and says they are “down to government choices”, 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
Children being bombed and the prospect of starvation in Gaza is “intolerable”, Sir Keir Starmer has said, after his Government launched fresh sanctions on West Bank settlers and paused trade talks with Israel. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
David Lammy announced new measures against Israel but Labour, Tory and Liberal Democrat backbenchers urged him to go further. The Government will impose new sanctions on three individuals and four entities involved in the settler movement, and has suspended negotiations with the Israeli government on a new free trade agreement. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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