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High street giants plot new warning to Treasury over retail jobs

Sky News Saturday, 21 December 2024 ()
High street giants plot new warning to Treasury over retail jobsRetail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under threat.
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Treasury Treasury Place in which valuables, currency, or property is kept, or the government dept. in charge of it

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Credit: Oneindia    Duration: 03:07Published

Primark Primark Irish multinational fast-fashion company


Tesco Tesco British multinational retail groceries company

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Marks & Spencer Marks & Spencer Major British multinational department store company


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Griffith: Inflation figures show Reeves must change course [Video]

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The shadow business secretary has called on Chancellor Rachel Reeves to "change course quickly", after new ONS figures show inflation increased to 2.6% in November. Andrew Griffith adds all the major economic metrics, such as inflation and growth, "are going in the wrong direction", and fears what four years of a Labour government will do to the UK economy. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:00Published
Reeves: Inflation remains in line with international peers [Video]

Reeves: Inflation remains in line with international peers

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

Credit: ODN    Duration: 00:42Published
Reeves: I understand why Waspi campaigners are disappointed [Video]

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Credit: ODN    Duration: 00:38Published

Rachel Reeves says most Waspi women knew pension age was changing so compensation not needed

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..
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