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Chancellor signals first budget will be painful mix of spending cuts, tax rises and higher borrowing

Sky News Wednesday, 11 September 2024
Chancellor signals first budget will be painful mix of spending cuts, tax rises and higher borrowingChancellor Rachel Reeves has signalled her first budget as chancellor could be a painful mix of spending cuts, tax rises and increased borrowing.
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Rachel Reeves Rachel Reeves British politician (born 1979)

Starmer 'absolutely' confident in chancellor after rows with farmers, pensioners, and employers

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
Ed Davey visits shops in call to stop bus fare cap hike [Video]

Ed Davey visits shops in call to stop bus fare cap hike

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

Credit: ODN    Duration: 00:46Published
Rachel Reeves visits fusion power company [Video]

Rachel Reeves visits fusion power company

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

Credit: ODN    Duration: 01:20Published
Reeves insists growth is priority despite economic slowdown [Video]

Reeves insists growth is priority despite economic slowdown

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

Credit: ODN    Duration: 01:16Published
Stride: GDP figures are 'very weak and worrying' [Video]

Stride: GDP figures are 'very weak and worrying'

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

Credit: ODN    Duration: 01:05Published

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