Shadow Chancellor Mel Stride warns that the UK could face higher prices, job losses, and lower wages without a trade deal with the US. He said that businesses, investors, and stock markets are unhappy, urging the government to accelerate negotiations and secure a deal quickly to avoid economic difficulties. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Tories have criticised the government for not being “quicker” with talks about tariffs imposed by the US. Shadow Chancellor Mel Stride said Labour’s comments about Trump whilst they were the opposition were “unhelpful” and could have “soured” relations with the Trump administration. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride has accused the Government of making rushed welfare cuts, including to disability benefits, to save money. He said ministers "lacked ambition" in finding fair savings and warned of "hard cases" emerging from the plans. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
Kemi Badenoch has proposed scrapping the Net Zero agenda and reducing burdens on businesses to promote economic growth. The Conservative leader claimed that Labour have "broken their promises" regarding economic policies.
Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage has claimed Reform UK is now the main challenger to Labour in the Midlands, North, Wales and Scotland, pushing the Conservatives into third place. In a campaign speech, he said voters felt betrayed by the Tories over Brexit and immigration, adding that backing the Conservatives in red wall areas would be a “wasted vote.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A Tory minister has urged the Welsh Government to reconsider its requirements around steel as the UK Government races to avert the shutdown of Britain's last primary steelmaking plant. Shadow business minister Dame Harriett Baldwin said it's a "critical part of our national infrastructure" that the Scunthorpe plant is "kept going".
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Business Secretary Jonathan Reynolds says the Conservative leader is wrong to say she had negotiated a modernisation plan with British Steel for electric arc furnaces at Teesside and Scunthorpe. Ms Badenoch posted on X on Friday saying as business secretary in the last Conservative government she had negotiated the proposal, but it was "bungled" by Labour. After intervening, Ms Badenoch says: "Labour cannot negotiate. We were negotiating a modernisation deal that would have had limited job losses, just like we had in Port Talbot”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch has accused Labour of dropping plans for five local grooming gang inquiries promised in January. The Conservative leader called for a full national inquiry and suggested a “cover-up”, claiming Labour's refusal to act shows dishonesty and a failure to deliver justice. She pledged to force another vote, warning the public would “see who is on their side”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn