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The Casablanca chancellor has boxed herself in on filling the black hole in public finances

Sky News Friday, 26 July 2024 ()
The Casablanca chancellor has boxed herself in on filling the black hole in public financesRachel 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.
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Rachel Reeves Rachel Reeves British politician (born 1979)

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Reeves: Increases to household water bills a ‘bitter pill’

Chancellor Rachel Reeves has described a planned average 21% increase to water bills as a “bitter pill” for consumers amid the sewage pollution scandal and cost-of-living crisis. Household water bills in England and Wales are to rise by an average £19 a year over the next five years. Rachel Reeves promised the Government will “get a grip” on the water sector. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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Chancellor Rachel Reeves unveils plan for growth [Video]

Chancellor Rachel Reeves unveils plan for growth

Chancellor Rachel Reeves has announced a plan to grow the economy, including building new housing and infrastructure. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:14Published
Starmer's key team arrive ahead of cabinet meeting [Video]

Starmer's key team arrive ahead of cabinet meeting

Sir Keir Starmer's team have begun arriving at ahead of a cabinet meeting at Number 10 later this morning. Deputy PM Angela Rayner, Chancellor Rachel Reeves and Chief Whip Sir Alan Campbell were all seen arriving at Downing Street. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:26Published

Treasury Treasury Place in which valuables, currency, or property is kept, or the government dept. in charge of it

Treasury warns of economic fallout as demands grow to ditch two-child benefit cap

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Rachel Reeves gives first speech as chancellor in Treasury [Video]

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Newly-apponinted chancellor, Rachel Reeves, has told the Treasury her central mission in government is to restore economic growth. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:38Published
Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates [Video]

Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates

Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates. ABC reports that borrowing costs for home loans continued to ease this week, with the average rate on a 30-year mortgage falling to its lowest level since April. According to mortgage buyer Freddie Mac, the rate fell from 6.95% to 6.87% last week. . That figure is still significantly higher than what the rate was during the same time last year, which was at an average of 6.67%. . 15-year fixed-rate mortgages also eased, falling from 6.17% last week to 6.13%. . During the same time last year, the average rate was at 6.03%. Those higher rates can add hundreds of dollars to monthly costs for borrowers, which limits the purchasing options of potential homebuyers. Mortgage rates fell for the third straight week following signs of cooling inflation and market expectations of a future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC. ABC reports that rates are influenced by a number of factors, including the Federal Reserve's interest rate policy and the 10-year Treasury yield. ABC reports that rates are influenced by a number of factors, including the Federal Reserve's interest rate policy and the 10-year Treasury yield. Due to yields also beginning to ease, the Federal Reserve could start to drop its main interest rate after hiking it up to the highest level in over 20 years. Last week, Fed officials suggested that they would make just one cut to their benchmark interest rate in 2024, down from previous projections of three cuts for the year.

Credit: Wibbitz Top Stories    Duration: 01:31Published

Parliament Parliament Legislative body of government

INDIA bloc MPs to protest against Union Budget 2024 in Parliament today

The opposition parties have alleged Union Budget 2024 to be a "discriminatory budget".
DNA

FM Nirmala Sitharaman presents Union Budget 2024 in Parliament, read her full speech here

The Union Budget for 2024 for announced today in the Parliament by the Finance Minister Nirmala Sithraman.
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Union Budget 2024: FM Nirmala Sitharaman and Team Arrives at Parliament with Budget Tablet |Oneindia [Video]

Union Budget 2024: FM Nirmala Sitharaman and Team Arrives at Parliament with Budget Tablet |Oneindia

Finance Minister Nirmala Sitharaman has arrived at Parliament with the iconic 'Bahi Khaata' to present the Union Budget 2024-25. This budget marks the first of Prime Minister Narendra Modi's third term and is Sitharaman’s seventh consecutive budget, breaking the record previously held by former PM Morarji Desai. Tune in at 11am for live coverage and expert analysis of the key announcements and their implications for India's economy. #BudgetWithOneindia #UnionBudget2024 #NirmalaSitharaman #BahiKhaata #IndianEconomy #BudgetSpeech #PMModi #EconomicSurvey #FinanceMinister #ParliamentSession #HistoricBudget ~HT.178~PR.274~GR.125~ED.103~

Credit: Oneindia    Duration: 03:20Published
PM Modi Slams Opposition Before Parliament Budget Session, Says ‘They Tried To Not Let Me Speak’ [Video]

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Prime Minister Narendra Modi lashed at the Opposition for disrupting previous Parliament sessions at the beginning of the Parliament's Monsoon Session on Monday and urged the lawmakers of all political parties to fight together for the country for next five years. #PMModi #PMModiSlamsOpposition #PMModiParliamentBudgetSession #Budget2024 #RahulGandhi #Parliament #BudgetSession #Opposition #PoliticalSpeech #IndianPolitics #ModiCritique #ParliamentaryDebate #PoliticalConflict #Government #OppositionPolitics #IndianParliament #ModiSpeech #PoliticalDrama #Budget2024 ~HT.178~PR.152~ED.102~GR.124~

Credit: Oneindia    Duration: 11:58Published

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