Rachel Reeves: Pension ‘megafunds’ will boost growth
Video Credit: ODN - Duration: 01:49s - Published
Rachel Reeves: Pension ‘megafunds’ will boost growth
Rachel Reeves has told City chiefs she plans to create pension “megafunds” that will “power growth” in the economy and reward British savers.
In her first Mansion House speech as Chancellor, Reeves announced plans for the megafunds which she said could bring in £80 billion to invest in businesses and infrastructure.
Report by Covellm.
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Chancellor Rachel Reeves says it is "clear" she was "upset" at PMQs on Wednesday, adding the reason she was tearful was down to a "personal issue". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer said he has "every faith" in his chancellor, a day after Rachel Reeves appeared tearful at PMQs, sparking rumours about her future. 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, Rachel Reeves and Wes Streeting tour a health facility in east London, as the government sets out its 10-year plan for the NHS. The chancellor could be seen smiling and laughing with her colleagues, a day after appearing tearful at PMQs. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has appeared to distance himself from Robert Jenrick, who earlier posted a video on social media claiming Rachel Reeves' career as chancellor was "dead". The shadow chancellor adds, "everybody has their own particular way of conducting their politics". 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 and French president Emmanuel Macron have agreed a plan to send back small boats migrants, with an asylum seeker being sent to the UK in exchange. The prime minister said the scheme would help "finally turn the tables" on the migrant crisis in the English Channel. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage says the UK-France migrant returns deal “won’t make any difference” and will be blocked by human rights laws. He warned the European Convention on Human Rights would prevent deportations, claiming “lawyers will have a field day”. Farage added that the plan undermines Brexit, saying no one who crosses the Channel illegally should be granted refugee status or leave to remain. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer says the UK-France returns pilot is designed to “break the model” of small boat crossings. The prime minister said those arriving illegally would be sent back to France, making clear “you’ll end up where you started”. Mr Starmer described the plan as “groundbreaking”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has announced a “ground-breaking” returns scheme with France. Under the pilot, small boat arrivals will be detained and sent back to France, while one person will be accepted into the UK via a legal route in exchange. The prime minister said the plan, starting in the coming weeks, will include strict security checks and aim to deter illegal crossings. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer joined President Macron and other international leaders for a virtual meeting on future peacekeeping efforts in Ukraine. The call, involving members of the so-called coalition of the willing, took place as part of ongoing talks to prepare for a potential ceasefire. Participants included European leaders, US officials, and President Zelensky, dialling in from the Ukraine Recovery Conference in Rome. 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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