Growth is a fight Starmer and Reeves want to have - and they can't afford to lose
Wednesday, 29 January 2025 Deregulation, streamlining planning decisions, and clamping down on judicial reviews - you might have found much of what Rachel Reeves said on Wednesday a bit dry and abstract.
The shadow financial secretary has dismissed comparisons between Margaret Thatcher and Sir Keir Starmer, who likened his government to the ex-prime minister's. Criticising the Labour government's budget, Gareth Davies claimed Chancellor Rachel Reeves's budget has created an environment "not conducive...
Rachel Reeves confirmed the UK is currently in “intense negotiations” with the US over tariffs “across the board”. The Chancellor said she “does not want to see tariffs go up”, highlighting her support for “free and open trade”. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has visited Wellington Barracks in central London after announcing in her Spring Statement that defence spending will increase by 2.5% in GDP. The chancellor and the defence secretary John Healey were shown the first AI-powered strike drone, as they learnt about the work of people on the strategic command's innovation unit. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor says house building commitments in her Spring Statement will benefit young people and that she is "not in favour of national service". Speaking to ITV News, Rachel Reeves adds watching a Sabrina Carpenter concert in a box was "the right thing to do" given her security needs. 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 has outlined her plans to "strengthen our nation's defences", by increasing defence spending to 2.5% of GDP and to build 1.5 million new homes. The chancellor acknowledges that the OBR has downgraded the UK's growth forecast for 2025 from 2% to 1%, but adds, "it has upgraded growth for next year and every year after that". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer slammed the previous government's "empty promises" as he set out his plans for improvements to the North of England rail system. "The last government made so many promises, none of which they followed through on. I'm only making promises where we're putting the money on the table right now," Mr Starmer said.
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The Prime Minister has vowed to upgrade struggling rail services between Manchester and Yorkshire as he announced £415 million in transport funding. It comes after delays to the electrification of the TransPennine route upgrade between Manchester and York following the dropping of the Phase 2 HS2 extension. Sir Keir Starmer said he hopes to complete the project by 2030. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Vladimir Putin must be given a deadline to make progress on a Ukraine ceasefire, Sir Keir Starmer said as European allies step up plans to deploy troops and secure a peace deal. The Prime Minister said the Russian president was “playing games” and attempting to drag the Donald Trump-initiated process out to allow his forces time to continue their assaults on Ukraine. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch has accused Rachel Reeves' Spring Statement as being "all smoke and mirrors", pointing to rising inflation, increased unemployment and low growth. The Conservative Party leader added,..
The chancellor says the OBR has downgraded the UK's economic growth forecast from 2% to 1% for 2025. Rachel Reeves admits she is "not satisfied with these numbers" and believes her statement is a..
The shadow farming minister has accused Rachel Reeves of lying on her CV and hiding expenses while working for a retail bank. Robbie Moore adds Prime Minister Sir Keir Starmer is "wrong" to back his..