Rachel Reeves says most Waspi women knew pension age was changing so compensation not needed
Wednesday, 18 December 2024 () Chancellor Rachel Reeves has said most Waspi women knew the state pension age was changing so it was not "the best use of taxpayers' money to pay an expensive compensation bill".
Rachel Reeves says she can understand why women affected by changes to the state pension age will feel "disappointed", but adds that paying an "expensive compensation bill" was not the best use of taxpayers' money. Campaigners say the government's decision not to compensate women affected by changes...
Rachel Reeves says the UK's latest inflation figures are "broadly in line with our international peers", despite rising to its highest level since March. The chancellor adds, "I recognise the cost of living crisis continues to bite" but that the government is "taking action" to address its challenges. ONS figures show inflation has risen to 2.6% in November, from 2.3% the previous month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said she was “disappointed” by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget. The Office for National Statistics said gross domestic product contracted 0.1% in October. 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 defended his government's decision not to pay compensation to Waspi women following backlash. The prime minister stressed he could not further "burden" the taxpayers despite the government apologising for delays in sending out letters informing them the state pension age was increasing.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government has refused to pay compensation to the millions of women in their 60s who were not properly informed of changes in the state pension age. Work and Pensions secretary Liz Kendall said the..
Rachel Reeves has told City chiefs she plans to create pension “megafunds” that will “power growth” in the economy and reward British savers. In her first Mansion House speech as Chancellor,..
Chancellor Rachel Reeves announces the government will compensate those impacted by the Infected Blood scandal and Post Office Horizon scandal.
She accuses the previous government of failing to..
Wednesday, 18 December 2024 ()
Chancellor Rachel Reeves has said most Waspi women knew the state pension age was changing so it was not "the best use of taxpayers' money to pay an expensive compensation bill".
![Reeves: Inflation remains in line with international peers [Video]](https://video.newsserve.net/300/v/20241218/1396454622-Reeves-Inflation-remains-in-line-with-international-peers.jpg)
![Reeves 'disappointed' by UK economy unexpectedly shrinking [Video]](https://video.newsserve.net/300/v/20241213/1396036972-Reeves-disappointed-by-UK-economy-unexpectedly-shrinking.jpg)
![PM defends decision not to compensate Waspi women [Video]](https://video.newsserve.net/300/v/20241217/1396403988-PM-defends-decision-not-to-compensate-Waspi-women.jpg)
![No compensation to be paid to Waspi women [Video]](https://video.newsserve.net/300/v/20241217/1396404496-No-compensation-to-be-paid-to-Waspi-women.jpg)
![Rachel Reeves: Pension ‘megafunds’ will boost growth [Video]](https://video.newsserve.net/300/v/20241115/1393469700-Rachel-Reeves-Pension-megafunds-will-boost-growth.jpg)
![Reeves announces £13.6bn compensation for scandal victims [Video]](https://video.newsserve.net/300/v/20241030/1391950478-Reeves-announces-£13-6bn-compensation-for-scandal-victims.jpg)
