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Plenty of concern about UK economy but this isn't a Liz Truss moment

Sky News Wednesday, 8 January 2025
Plenty of concern about UK economy but this isn't a Liz Truss momentHow 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?
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Rachel Reeves Rachel Reeves British politician (born 1979)

More pressure to raise taxes or cut spending - despite record budget surplus

Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more..
Sky News
Chancellor: Govt is ready to support creative industries [Video]

Chancellor: Govt is ready to support creative industries

The chancellor says the government is ready to support creative industries, after announcing film studios in England are to receive business rates relief for the next nine years. On a visit to the Warner Bros Studio in Leavesden, Rachel Reeves adds "that's something that this government wants to get behind to back growth and back British workers". 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: 00:33Published
Govt 'committed' to raising defence spending to 2.5% of GDP [Video]

Govt 'committed' to raising defence spending to 2.5% of GDP

Rachel Reeves says she is "absolutely committed" to spending 2.5% of GDP on defence and will "set out a pathway" to do so "in the proper way". The chancellor adds, "a strong economy depends on strong defences". 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: 00:28Published
Tories: We're not to blame for rise in inflation [Video]

Tories: We're not to blame for rise in inflation

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

Credit: ODN    Duration: 00:42Published
Tories: We should be worried about 'disappointing' inflation [Video]

Tories: We should be worried about 'disappointing' inflation

The Conservatives have said that the "disappointing" rise in inflation is a cause of worry. Kevin Hollinrake, Shadow Levelling Up Secretary, said the 0.5% rise in inflation from December to January was a direct result of Rachel Reeves' budget. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:09Published

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