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.
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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
With Labour's general election victory in the rearview mirror, eyes are turning to the next battle: who will be the party's next candidate for London mayor. Sky News
Kemi Badenoch has accused the government of "breaking promises" and "playing politics with the Waspi women". Labour has chosen not to compensate women born in the 1950s, claiming most knew about changes to the state pension age. Prime Minister Sir Keir Starmer responded saying, "the number one job of this government was to put the finances back in order after the last government lost control". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has arrived at the Houses of Parliament for Prime Minister's Questions, as the Labour leader faces Kemi Badenoch in the Commons for the final PMQs of the year. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The homelessness minister says compensating Waspi women over changes to the state pension age "wouldn't be an appropriate use of taxpayers' money". Rushanara Ali adds the government "recognises this is going to be disappointing for women born in the 50s", but that Labour remains committed to the "vital" triple-lock system. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn