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Analysis: Market trouble threatens Labour's economic plans

BBC News Thursday, 9 January 2025 ()
Analysis: Market trouble threatens Labour's economic plansChancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.
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Rachel Reeves Rachel Reeves British politician (born 1979)

What's going on in the markets and should we be worried?

The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves' economic plans in peril.
Sky News

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

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..
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Chancellor on course to tighten Whitehall budgets further due to worsening economic outlook

Rachel Reeves is on course to tighten Whitehall public service budgets further than expected in the spending review because of the worsening economic outlook,..
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State schools to get boost as private school tax break ends [Video]

State schools to get boost as private school tax break ends

State schools will get β€œevery penny” 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

Credit: ODN    Duration: 00:54Published
Griffith: Inflation figures show Reeves must change course [Video]

Griffith: Inflation figures show Reeves must change course

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

Labour Party (UK) Labour Party (UK) Political party in the United Kingdom

England have 'power' to boycott Afghanistan match - MP

England's men's players have the "power" to make their own stand and refuse to play Afghanistan in the Champions Trophy, says Labour MP Tonia Antoniazzi.
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