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'Working people are people who go out to work,' says Labour's Rachel Reeves

Sky News Wednesday, 19 June 2024
Labour's shadow chancellor has said "working people are people who go out to work" after the party has repeatedly said it would not raise taxes for "working people".
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News video: Labour: People can't risk another five years of Tories

Labour: People can't risk another five years of Tories 01:51

Labour's James Murray says inflation falling to its 2% target is "welcome", but adds, "I'm not going to stand here and say everything's fine". The shadow treasury minister says, "people can't risk another five years of chaos with the Conservatives, of people being worse off", and that a vote for...

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Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of..
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Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and faster in delivering growth to make people in Britain better off". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:44Published
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The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:33Published

Good news on inflation could be quickly erased by tax rises and Trump turbulence ahead

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