Why the economy is not yet listening to the chancellor's battle cry
Friday, 14 March 2025 () Since the turn of the year, Chancellor Rachel Reeves has had a single priority, repeated loud and clear at every opportunity; growth.
Robert Jenrick says "confidence has collapsed within our economy", after the latest Office for National Statistics figures show it contracted by 0.1% in January. The shadow justice secretary says the figures are a result of Rachel Reeves' "disastrous" Autumn budget, and urges the chancellor to stop her "anti-growth measures" and "put the economy back on firm footing again". 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 the current welfare system "is not working for anyone", after Prime Minister Sir Keir Starmer announced the abolition of NHS England. Rachel Reeves adds, "we need to reform our public services and we need to reform our broken welfare system". 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 the government is negotiating with US counterparts to reach an economic agreement to support British exporters and to ensure prices are not pushed up for UK consumers with more tariffs. Rachel Reeves adds, "this government believes in free and open trade, and we will continue to make that point". 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 the government is "determined" to turn around a decade of poor growth performance, after the latest Office for National Statistics figures show the UK economy contracted by 0.1% in January. The announcement is a blow to the chancellor ahead of her Spring statement on March 26. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Credit: euronews (in English) Duration: 02:03Published
Shadow chancellor Mel Stride has criticised the new growth figures released by the ONS. Mr Stride accused the government of "talking down the economy" and referenced the "disastrous budget" set out by..