The Casablanca chancellor has boxed herself in on filling the black hole in public finances
Friday, 26 July 2024 Rachel Reeves will echo one of the great cameos in cinema history on Monday, when she updates Parliament on the findings of a Treasury audit of the public finances.
Chancellor Rachel Reeves claims “black hole” in public finances is “unsustainable”. She said, “left unchecked it would be financial stability at risk”.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more.. Sky News
The chancellor says the government is ready to support creative industries, after announcing film studios in England are to receive business rates relief for the next nine years. On a visit to the Warner Bros Studio in Leavesden, Rachel Reeves adds "that's something that this government wants to get behind to back growth and back British workers". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says she is "absolutely committed" to spending 2.5% of GDP on defence and will "set out a pathway" to do so "in the proper way". The chancellor adds, "a strong economy depends on strong defences". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including increased spending and borrowing. Mel Stride's comments come after government ministers pointed blame at the previous Conservative government after new data from the Office for National Statistics estimated that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Conservatives have said that the "disappointing" rise in inflation is a cause of worry. Kevin Hollinrake, Shadow Levelling Up Secretary, said the 0.5% rise in inflation from December to January was a direct result of Rachel Reeves' budget. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The president of the National Farmers Union says there is "fury" and "anger" among farmers - after the government refused to change its controversial inheritance.. Sky News
President Donald Trump defended Elon Musk amid Democratic backlash over his access to Treasury payment systems. During a press conference with Japan’s PM Ishiba, Trump dismissed concerns, calling Musk "not shy" and praising his efforts in uncovering government fraud. Treasury Secretary Scott Bessent backed Musk, calling him the "greatest entrepreneur." Meanwhile, Democrats accuse Musk of having undue influence after reports surfaced that DOGE found payments linked to fraudulent groups. The controversy intensifies as Musk’s role in Trump’s administration grows.
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Sir Keir Starmer has defended Tulip Siddiq after the former Treasury minister resigned from government over an anti-corruption investigation into her wider family in Bangladesh. The prime minister told Kemi Badenoch in PMQs, "the former minister fully cooperated" with independent advisors looking into the matter. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor says the Treasury "should not be popping champagne corks" over the unexpected dip in inflation to 2.5% in December. Mel Stride adds the government has "killed growth stone dead" after inheriting an economy that was "much better than they make out". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The AICC is taking a firm stance against Congress MP Shashi Tharoor. Despite a recent meeting with Rahul Gandhi, Tharoor remains dissatisfied due to lack of.. IndiaTimes
Gyanesh Kumar will assume the role of Chief Election Commissioner on a day the Supreme Court reviews a law defining his appointment process. This law, passed by.. IndiaTimes
Transport secretary Heidi Alexander says there is 'no suggestion’ British troops will be sent to fight in Ukraine but admits troops may join a 'peace-keeping force' and that Parliament may be consulted on such a move.
Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
MP Raghav Chadha countered finance minister Nirmala Sitharaman's claim on the new tax relief in the Union Budget, clarifying that it is a rebate, not an.. IndiaTimes
The Parliament standing committee on communications and IT has requested a brief note on potential changes to media laws by Feb 17. Following YouTuber Ranveer.. IndiaTimes
Chancellor Rachel Reeves has accused Jeremy Hunt of lying about the public finances. Ms Reeves said the former chancellor owes the public an apology for the "state of the public finances and the public..
Shadow chancellor Jeremy Hunt hit back at Rachel Reeves after the chancellor accused him of a 'lying' about the state of the public finances. "We had good plans in place to control the public finances..
Shadow Transport Secretary Helen Whatley insists the Labour Party took on a “strong” economic legacy as the Chancellor Rachel Reeves reveals a £20bn black hole in public finances. Report by..
Bollywood star Kangana Ranaut captivated fans with her Parliament debut, standing up against Rahul Gandhi's accusations of BJP spreading violence and hatred,... IndiaTimes Also reported by •DNA
Congress raises concerns over PM Modi and Anurag Thakur's statements in Parliament, citing inaccuracies. MP Tagore questions claims on holidays and criticizes... IndiaTimes
Friday, 26 July 2024
Rachel Reeves will echo one of the great cameos in cinema history on Monday, when she updates Parliament on the findings of a Treasury audit of the public finances.
![Chancellor: Govt is ready to support creative industries [Video]](https://video.newsserve.net/300/v/20250220/1402802338-Chancellor-Govt-is-ready-to-support-creative-industries.jpg)
![Govt 'committed' to raising defence spending to 2.5% of GDP [Video]](https://video.newsserve.net/300/v/20250220/1402802388-Govt-committed-to-raising-defence-spending-to.jpg)
![Tories: We're not to blame for rise in inflation [Video]](https://video.newsserve.net/300/v/20250219/1402693586-Tories-We-re-not-to-blame-for-rise.jpg)
![Tories: We should be worried about 'disappointing' inflation [Video]](https://video.newsserve.net/300/v/20250219/1402678962-Tories-We-should-be-worried-about-disappointing-inflation.jpg)
![Trump Defends Elon Musk with a Smile: ‘He’s Not Shy!’ | Elon Musk’s Press Moment Incoming? [Video]](https://video.newsserve.net/300/v/20250208/1401096772-Trump-Defends-Elon-Musk-with-Smile.jpg)
![Starmer defends former Treasury minister at PMQs [Video]](https://video.newsserve.net/300/v/20250115/1398849258-Starmer-defends-former-Treasury-minister-at-PMQs.jpg)
![Stride: Govt shouldn't pop champagne over inflation dip [Video]](https://video.newsserve.net/300/v/20250115/1398839488-Stride-Govt-shouldn-pop-champagne-over-inflation.jpg)
![Government says British troops will not fight in Ukraine [Video]](https://video.newsserve.net/300/v/20250218/1402543764-Government-says-British-troops-will-not-fight-in.jpg)
![Rachel Reeves accuses Jeremy Hunt of lying about UK finances [Video]](https://video.newsserve.net/300/v/20240730/1383339360-Rachel-Reeves-accuses-Jeremy-Hunt-of-lying-about.jpg)
![Jeremy Hunt hits back at Rachel Reeves amid UK finances row [Video]](https://video.newsserve.net/300/v/20240730/1383333274-Jeremy-Hunt-hits-back-at-Rachel-Reeves-amid.jpg)
![Tories: Labour took on a strong economic legacy [Video]](https://video.newsserve.net/300/v/20240729/1383215256-Tories-Labour-took-on-strong-economic-legacy.jpg)
