The Bank of England has cut interest rates to 5% at its August Monetary Policy Committee meeting, the first reduction of the UK’s base rate in four years. Responding to the cut, Chancellor of the Exchequer Rachel Reeves said: “Homeowners will welcome this cut in interest rates, but I know that millions of people are still paying higher mortgage rates after the Conservatives mini-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 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 spending pressures that they have left for their successors to clear up." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has reacted to the Southport stabbings which left two children dead and nine others injured. "My thoughts and prayers are with all of those affected. I also want to pay tribute to the
emergency services and the police for their rapid response to that terrible incident," she said.
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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 and she has rejected those plans," he said. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Angela Rayner has defended her decision to remove the need for "beautiful" buildings from Labour's housing policy, claiming the word was "preventing and blocking.. Sky News
Deputy prime minister Angela Rayner has set out new housing plans as part of the Labour government's planning overhaul. Under the plans, English councils must incorporate government-set housing targets into their long-term plans to allocate land. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says the inheritance from the previous government is “unforgivable” as she announces she will deliver the Labour government's first Budget on October 30. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The British government declared the country financially troubled, citing a £20 billion shortfall. Newly-elected Labour plans to blame the previous Conservative... IndiaTimes
City A.M.’s consistent warning that the government will raise taxes in their first Budget have been vindicated. Rachel Reeves admitted that “I think we will... City A.M.
Leaders in the booze industry are pleading with Rachel Reeves for some major changes in the next Budget in order to save one of Britain’s most popular spots:... Bristol Post Also reported by •Staffordshire Newsletter