India  

Chancellor pledges to 'fix' economy - as expert says 'black hole' matches Tory tax cuts

Sky News Friday, 26 July 2024
Chancellor pledges to 'fix' economy - as expert says 'black hole' matches Tory tax cutsChancellor Rachel Reeves has promised to "fix" the "mess" the Conservative government left in the economy, amid reports of a £20bn "black hole" in the public finances.
0
shares
ShareTweetSavePostSend
 
Video Credit: ODN - Published
News video: Reeves: Black hole in economy is unsustainable

Reeves: Black hole in economy is unsustainable 00:31

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

You Might Like


💡 newsR Knowledge: Other News Mentions

Rachel Reeves Rachel Reeves British politician (born 1979)

More pressure to raise taxes or cut spending - despite record budget surplus

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
Chancellor: Govt is ready to support creative industries [Video]

Chancellor: Govt is ready to support creative industries

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

Credit: ODN    Duration: 00:33Published
Govt 'committed' to raising defence spending to 2.5% of GDP [Video]

Govt 'committed' to raising defence spending to 2.5% of GDP

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

Credit: ODN    Duration: 00:28Published
Tories: We're not to blame for rise in inflation [Video]

Tories: We're not to blame for rise in inflation

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

Credit: ODN    Duration: 00:42Published
Tories: We should be worried about 'disappointing' inflation [Video]

Tories: We should be worried about 'disappointing' inflation

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

Credit: ODN    Duration: 02:09Published

Conservative Party (UK) Conservative Party (UK) Political party in the United Kingdom

Priti Patel hails Donald Trump's 'extraordinary mandate' [Video]

Priti Patel hails Donald Trump's 'extraordinary mandate'

Dame Priti Patel has hailed Donald Trump's "extraordinary mandate" as US President, and says the Conservative Party believes in the UK's "special relationship" with the United States. The shadow foreign secretary made the comments despite disagreeing with Trump's description of Ukrainian President Volodymyr Zelenskyy as a "dictator" and his echoing of Russian rhetoric on the war. 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: 00:40Published

Kemi breaks her silence on Ukraine – finally

After a former Tory prime minister and the current Liberal Democrat leader made the running on the Trump-Zelenskyy war of words, Kemi Badenoch finally broke her..
Sky News
Tories: Ukraine must be at the table, not on the table [Video]

Tories: Ukraine must be at the table, not on the table

The Conservatives have supported the government's standpoint that Ukraine must be present at peace negotiations attempting to put an end to the conflict with Russia. Shadow Levelling Up Secretary Kevin Hollinrake said he "welcomes Trump's efforts" to end the conflict but said that Ukraine "must be at the table, not on the table". Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:42Published