Tories blame ‘tax on businesses’ for ‘slowing growth’
Video Credit: ODN - Duration: 00:45s - Published
Tories blame ‘tax on businesses’ for ‘slowing growth’
Shadow Chancellor Sir Mel Stride blames “a slowing growth picture” on the government “taxing the living daylights out of business” after the rate of GDP growth slowed to 0.3% between April and June (compared to 0.7% between January and March).
Report by Blairm.
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Shadow Chancellor Mel Stride has welcomed the Government’s expansion of its “deport now, appeal later” scheme as a step in the right direction. However, he warned it fails to address the lack of a true deterrent at the heart of immigration policy, pointing to the continued high numbers of people crossing the Channel this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Sir Mel Stride, Shadow Chancellor said ''Putting taxes on businesses, borrowing a lot of money and spending a lot of money has kept inflation higher than it otherwise would have been.'' It comes as UK inflation rose to a near 18-month high in June as food prices surged for the third month running, according to official figures. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Work and Pensions Secretary Helen Whately accuses the government of “not managing the economy” which she says will result in tax increases “in a very painful autumn budget”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Home Office minister Matt Vickers says the slowdown in employment is “devastating” — with 14% fewer people in work than before. He warns it is hitting families’ finances, aspirations, and mental health. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following the resignation of a Rushanara Ali, Conservative Chairman Kevin Hollinrake says “In politics you can't say one thing and do another”, adding the homelessness minister “had to go”. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Financial Secretary to the Treasury Gareth Davies blames the rise in employers’ National Insurance and the government’s workers’ rights bill for slowing growth in the economy. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ukrainian president Volodymyr Zelenskyy and Prime Minister Sir Keir Starmer hug in Downing Street after meeting in Number 10, ahead of talks between presidents Trump and Putin in Alaska on Friday. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Students at the Sydney Russell School in Dagenham, east London receive their A-level results, which has seen top grades rise again this year, remaining above pre-pandemic highs according to national figures. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Education Secretary Bridget Phillipson says she is “deeply troubled’ by inequality in the education sector, saying she is particularly worried by the outcomes of “white working-class kids”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ukrainian president Volodymyr Zelenskyy is greeted with a hug by Prime Minister Sir Keir Starmer as he arrives for a meeting at 10 Downing Street ahead of peace talks between presidents Trump and Putin in Alaska on Friday. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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