Government insist plan is working despite unemployment rise
Video Credit: ODN - Duration: 01:05s - Published
Government insist plan is working despite unemployment rise
Government minister Mel Stride insists that “we are seeing a resilient labour market,” despite official figures revealing that Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market.
The UK economy shrank for a second consecutive month in October, marking the first back-to-back decline since the pandemic. Shadow Chancellor Mel Stride criticised the government, claiming it inherited a fast-growing economy but is now "talking down" the UK, causing higher taxes, inflation, and unemployment. Stride warned businesses are "sounding the alarm" due to the government's "doom and gloom" economic narrative. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Shadow Chancellor has described the ceasefire between Israel and Hezbollah as "very encouraging" and "very good news." He emphasised the need for the release of hostages in Gaza, which Mel Stride stated should now be a key priority. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor has said the rise in inflation to 2.8% is "worrying." UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
Mel Stride said a key componenent to the increase has been energy bills. "The winter fuel payment has been removed for a lot of pensioners including the most vulnerable so I think a lot of people will be worried about this," Mr Stride said.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government “talking down of the economy”. UK economic growth slowed between July and September relative to the previous quarter, according to official data, in a blow to Chancellor Rachel Reeves. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride calls on Foreign Secretary David Lammy to “withdraw” historical derogatory remarks made about Donald Trump claiming they “are probably not going to make for encouraging a positive relationship” with the new US administration. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The NHS is urging friends and family to look out for signs and symptoms of dementia in their loved ones as they meet up over the festive period. Dr Jeremy Isaacs, NHS England's National Clinical Director for Dementia said people can help bring those worries to the attention of a doctor for assessment. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sriram Krishnan, a prominent figure in the tech world with a stellar career at Microsoft, Twitter, Facebook, and more, has been appointed as the Senior Policy Advisor for Artificial Intelligence at the White House. His role will focus on shaping AI policies and ensuring that the United States remains at the forefront of technological innovation. Learn about his journey, his vision for AI, and what this means for America’s tech future.
#SriramKrishnan #ArtificialIntelligence #TechLeadership #WhiteHouseAI #USInnovation #AIAdvisor #TechPolicy #AIRevolution #SriramInAI #FutureOfTechnology
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Chief Secretary to the Treasury Darren Jones says the Labour government has brought stability back to the economy since high inflation under Liz Truss, and that businesses and working people will be pleased with inflation nearing the 2 per cent target.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chief Secretary to the Treasury Darren Jones says the Labour government is still committed to stimulating economic growth despite figures from the Office of National Statistics showing the economy recorded no growth in the third quarter of this year. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Home Secretary Yvette Cooper thanks police on shift over the festive period, as she commits to an extra £1bn for forces next year to bring back neighbourhood policing.
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The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said she was “disappointed” by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget. The Office for National Statistics said gross domestic product contracted 0.1% in October. Report by Covellm. 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: 01:32Published
UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to 2.3% for October, up from 1.7% in the previous month. Shadow Chief Secretary to the Treasury Darren Jones said there was “more to do” to ease cost-of-living pressure.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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