Chancellor facing 'pressure', but 'people should give her time', says top cabinet minister
Sunday, 12 January 2025 The health secretary has said that the cabinet is aware of the "pressure" on Chancellor Rachel Reeves amid volatile markets and a challenging broader economic picture - but appealed for the public to "give her time".
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
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
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
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
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
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Sunday, 12 January 2025
The health secretary has said that the cabinet is aware of the "pressure" on Chancellor Rachel Reeves amid volatile markets and a challenging broader economic picture - but appealed for the public to "give her time".
![Chancellor: Govt is ready to support creative industries [Video]](https://video.newsserve.net/300/v/20250220/1402802338-Chancellor-Govt-is-ready-to-support-creative-industries.jpg)
![Govt 'committed' to raising defence spending to 2.5% of GDP [Video]](https://video.newsserve.net/300/v/20250220/1402802388-Govt-committed-to-raising-defence-spending-to.jpg)
![Tories: We're not to blame for rise in inflation [Video]](https://video.newsserve.net/300/v/20250219/1402693586-Tories-We-re-not-to-blame-for-rise.jpg)
![Tories: We should be worried about 'disappointing' inflation [Video]](https://video.newsserve.net/300/v/20250219/1402678962-Tories-We-should-be-worried-about-disappointing-inflation.jpg)
A year into the show Yeh Rishta Kya Kehlata Hai, Rohit Purohit believes he has only just begun. While he understands the pressure of headlining a show, he calls...
