Ex-Bank of England economist 'laments' Labour U-turn on £28bn green pledge
Monday, 12 February 2024 A former chief economist at the Bank of England has expressed disappointment at Labour's decision to axe its £28bn green investment pledge.
Shadow business secretary Jonathan Reynolds blamed Conservatives’ mishandling of the economy for having to ditch their pledge to spend £28 billion a year on green projects. Reynolds insisted that Labour's revised plan is still ambitious, but "deliverable". Report by Covellm. Like us on Facebook at...
Labour backbench MP Dawn Butler has been criticised for sharing a post describing Kemi Badenoch as "the most prominent member of white supremacy's black.. Sky News
Labour chair Ellie Reeves predicts more “division” and “chaos” within the Conservative Party after Kemi Badenoch was elected as the Tory’s new leader today. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pat McFadden plays down Rosie Duffield quitting the Labour Party saying, "I don't think in the end her resignation is a big surprise". The chancellor of the Duchy of Lancaster also dismisses criticisms from Ms Duffield about donations from Lord Alli, insisting "everything that's donated is properly declared". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Delegates at the Labour conference have voted for a motion to reverse the winter fuel payment cuts. The vote is non-binding but showed an overwhelming majority voted in favour of reversing the decision to axe the benefit for millions of pensioners. Sir Keir Starmer was not present at the final day of the conference as he is set to attend the UN Security Council and General Assembly in New York. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Hopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have.. Sky News
Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has insisted Labour is being “straight” with voters, as the party faced criticism over the decision to ditch a key pledge to spend £28 billion a year on green projects. “Every..
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