Plenty of concern about UK economy but this isn't a Liz Truss moment
Wednesday, 8 January 2025 () How worried should Rachel Reeves be about the fact that the interest rates on government bonds have leapt to the highest level in more than a quarter of a century?
Rachel Reeves is on course to tighten Whitehall public service budgets further than expected in the spending review because of the worsening economic outlook,.. Sky News
State schools will get βevery pennyβ of extra funding from ending the VAT tax break on private school fees, which comes into effect from the 1 January 2025. Chancellor Rachel Reeves defended the move she had announced in her Autumn budget saying that every child deserved the best start in life. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
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 to the state pension age, and their communication of these changes, are "bizarre and totally unjustified". But the chancellor says the ombudsman has reported that around 90 percent of women knew the changes were coming. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chief Secretary to the Treasury Darren Jones says the Labour government has brought stability back to the economy since high inflation under Liz Truss, and that businesses and working people will be pleased with inflation nearing the 2 per cent target.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Wednesday, 8 January 2025 ()
How worried should Rachel Reeves be about the fact that the interest rates on government bonds have leapt to the highest level in more than a quarter of a century?
![State schools to get boost as private school tax break ends [Video]](https://video.newsserve.net/300/v/20241229/1397328176-State-schools-to-get-boost-as-private-school.jpg)
![Griffith: Inflation figures show Reeves must change course [Video]](https://video.newsserve.net/300/v/20241218/1396459968-Griffith-Inflation-figures-show-Reeves-must-change-course.jpg)
![Reeves: I understand why Waspi campaigners are disappointed [Video]](https://video.newsserve.net/300/v/20241218/1396454760-Reeves-understand-why-Waspi-campaigners-are-disappointed.jpg)
![Treasury minister on inflation data [Video]](https://video.newsserve.net/300/v/20241223/1396887338-Treasury-minister-on-inflation-data.jpg)
