The chief secretary to the Treasury says Rachel Reeves "chose investment over further decline", despite a hostile market response to the chancellor's Budget.
Darren Jones adds Conservative ministers have been "dishonest" about the true state of the country's public finances.
Report by Brooksl.
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Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between.. Sky News
Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger.. Sky News
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
Rachel Reeves says she can understand why women affected by changes to the state pension age will feel "disappointed", but adds that paying an "expensive compensation bill" was not the best use of taxpayers' money. Campaigners say the government's decision not to compensate women affected by changes to the state pension age, and their communication of these changes, are "bizarre and totally unjustified". But the chancellor says the ombudsman has reported that around 90 percent of women knew the changes were coming. 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 UK's latest inflation figures are "broadly in line with our international peers", despite rising to its highest level since March. The chancellor adds, "I recognise the cost of living crisis continues to bite" but that the government is "taking action" to address its challenges. ONS figures show inflation has risen to 2.6% in November, from 2.3% the previous month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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.
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Chief Secretary to the Treasury Darren Jones has indicated the government has a strong relationship with President-Elect Trump, highlighting plans to deepen trade, defence, and security ties under the new administration.
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AA President Edmund King believes Monday morning will be the busiest period of the Christmas getaway on the UK's roads as his motoring organisation predicts “some 22 million” drivers will travel today. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Care minister Stephen Kinnock has announced a new funding boost alongside reforms to GP services which he says will "bring back the family doctor".
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57-year-old Brian Whitelock has been jailed for life without parole for murdering his neighbour Wendy Buckney in a savage attack in her own home. Whitelock was released from prison in December 2018 after being deemed a low risk by the Parole Board, having served 18 years over a separate double killing of his friend and brother.
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Former UK Ambassador to the US Lord Darroch suggests Lord Mandelson is "well placed" to represent the UK in the United States, particularly with his trade background.
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Mark Morrell, a pothole campaigner, has dismissed the government's new funding for potholes, saying repairing potholes "is a waste of money" and roads need to be resurfaced.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn