'Laughable' for Reeves to claim she didn't know true state of the public finances
Thursday, 22 August 2024 () It is "laughable" for Rachel Reeves to claim she didn't know the full state of the public finances until she took office, Ruth Davidson has said.
Chancellor Rachel Reeves has defended the government's decision to cut the winter fuel allowance. Roughly 10 million pensioners are set to lose out on the £250 payment as the government restricts the benefit to only those receiving pension credit. "We had to take difficult decisions in very challenging circumstances because the previous government was overspending by £22bn just this year alone so we had to take action to get a grip on the public finances," Ms Reeves said.
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Former Conservative cabinet minister Laura Trott welcomes the latest economic figures that show GDP was at 0.6% from April to June but claims Rachel Reeves will be “fuming”. The shadow chief secretary to the treasury insists “this is yet more data to undermine (the chancellor’s) narrative that her economic inheritance is bad”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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 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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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..