UK economy to grow faster than expected but short of Labour pledge, IMF says
Tuesday, 16 July 2024 The International Monetary Fund has confirmed that it is expecting the UK economy to grow faster than previously expected this year.
Prime Minister Sir Keir Starmer talks with Managing Director of the International Monetary Fund, Kristalina Georgieva, before addressing world leaders at COP29 climate change conference.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor has defended her Autumn Budget, calling it a "robust fiscal framework" that delivers "stability", despite an adverse market reaction that included a jump in the cost of government borrowing. Rachel Reeves adds that the International Monetary Fund has given her Budget "a clean bill of health". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Brandishing a pork pie on a silver tray, John Prescott stood on the stage during his 1995 Labour conference speech and bellowed: "Lies, lies! Porky pies!" Sky News
The border security minister has said more hotels for asylum seekers have opened since Labour came into government, but she pledged to end their use. Sky News
The policing minister has defended the government's decision to impose Inheritance Tax on farms worth over £1 million. Diana Johnson said the Labour government have had to make "difficult decisions" after inheriting a "£22 billion blackhole in the public finances" when they came to power in July. It comes as thousands of farmers are set to converge in Westminster on Tuesday to protest against the changes to Inheritance Tax announced in last month's budget.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tuesday, 16 July 2024
![Starmer meets IMF head Kristalina Georgieva [Video]](https://video.newsserve.net/300/v/20241112/1393151720-Starmer-meets-IMF-head-Kristalina-Georgieva.jpg)
![Rachel Reeves: Budget delivers desperately needed stability [Video]](https://video.newsserve.net/300/v/20241101/1392163752-Rachel-Reeves-Budget-delivers-desperately-needed-stability.jpg)
![Minister defends government amid Inheritance Tax row [Video]](https://video.newsserve.net/300/v/20241119/1393810408-Minister-defends-government-amid-Inheritance-Tax-row.jpg)
