Reeves insists growth is priority despite economic slowdown
Video Credit: ODN - Duration: 01:16s - Published
Reeves insists growth is priority despite economic slowdown
Responding to the slowdown in economic growth during the quarter to September, Chancellor Rachel Reeves emphasised that achieving growth is the "number one mission of this Government".
However, she acknowledged that when she became chancellor, she was upfront about the "scale of the challenges" she had inherited, particularly regarding the state of public finances.
Report by Covellm.
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Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more.. Sky News
Rachel Reeves says she is "absolutely committed" to spending 2.5% of GDP on defence and will "set out a pathway" to do so "in the proper way". The chancellor adds, "a strong economy depends on strong defences". 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 ready to support creative industries, after announcing film studios in England are to receive business rates relief for the next nine years. On a visit to the Warner Bros Studio in Leavesden, Rachel Reeves adds "that's something that this government wants to get behind to back growth and back British workers". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including increased spending and borrowing. Mel Stride's comments come after government ministers pointed blame at the previous Conservative government after new data from the Office for National Statistics estimated that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Conservatives have said that the "disappointing" rise in inflation is a cause of worry. Kevin Hollinrake, Shadow Levelling Up Secretary, said the 0.5% rise in inflation from December to January was a direct result of Rachel Reeves' budget. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Education Secretary Bridget Phillipson says the government is âdetermined to get to two and half percentâ of GDP for defence spending which she says is âvery ambitiousâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Sir Keir Starmer receives a standing ovation as he states the âScottish people stand with the people of Ukraineâ. Speaking at the Scottish Labour conference in Glasgow the prime minister says: "Nobody wants the bloodshed to continue, least of all the Ukrainiansâ. Sir Keir insists âBritain will take a leading responsibility, we have to be ready to play our role if a force is required in Ukraine, once a peace agreement is reachedâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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An organiser of the Ukraine Solidarity Campaign speaks about his âfrustrationâ of the current political âbetrayalâ around the war in the eastern European country. Referencing Russiaâs â122,000 recorded war crimesâ in Ukraine, Christopher Ford says âthe perpetrator of these crimes could be rewarded with conquestâ. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Responding to economic growth slowing in the quarter to September, Chancellor Rachel Reeves said she is "not satisfied" with the figures. Reeves said: "Improving economic growth is at the heart of..
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