Chancellor to signal cost-cutting steps as she accuses Tories of fiscal 'cover up'
Sunday, 28 July 2024 Rachel Reeves will signal Labour's plans to cut government departments and the Civil Service as the new administration looks to accuse Rishi Sunak of "covering up" problems with the economy.
Shadow Treasury minister Gareth Davies urges the government to “stick to their promise to meet 2.5% of GDP on defence spending” claiming they “have not actually set out a timetable for the timetable” to do this. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Gareth Davies says people will be asking "what is this Budget for if it's not for growth?", after Rachel Reeves raised taxes by £40bn. The shadow exchequer to the Treasury adds the chancellor's tax increases have sparked a hostile market reaction. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government “talking down of the economy”. UK economic growth slowed between July and September relative to the previous quarter, according to official data, in a blow to Chancellor Rachel Reeves. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has said he is "absolutely" still confident in Chancellor Rachel Reeves after her financial plans sparked rows with pensioners, farmers and.. Sky News
Liberal Democrats leader, Sir Ed Davey visited high-street businesses calling for a Government U-turn on the rise of the bus fare cap. The £2 cap on single fares that applies on most routes outside London will be replaced by a new £3 cap until the end of 2025, Chancellor Rachel Reeves announced in the Budget. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor of the Exchequer Rachel Reeves speaks to engineers and scientists during a visit to Tokamak Energy in Abingdon. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Responding to the slowdown in economic growth during the quarter to September, Chancellor Rachel Reeves emphasised that achieving growth is the "number one mission of this Government". However, she acknowledged that when she became chancellor, she was upfront about the "scale of the challenges" she had inherited, particularly regarding the state of public finances. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Britain's Conservative Party has elected Kemi Badenoch as its new leader, becoming the first Black woman to lead a major political party in the UK. Badenoch succeeds former Prime Minister Rishi Sunak, whose tenure was marked by the Conservatives' worst election performance since 1832.
Credit: euronews (in English) Duration: 01:00Published
Former prime minister Rishi Sunak thanks Conservative Party workers and apologises for losing the general election in his “final conference” speech as leader during an event in Birmingham. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former prime minister Rishi Sunak and his wife Akshata Murty arrive at the Conservative Party conference in Birmingham, his last as leader. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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