Growth still priority say Labour, despite poor figures
Video Credit: ODN - Duration: 00:37s - Published
Growth still priority say Labour, despite poor figures
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.
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Cabinet minister Darren Jones says he has âevery confidenceâ that Lord Peter Mandelson's appointment as UK ambassador to the US will be approved by Donald Trump's team. There were reports in a number of newspapers on Sunday that the Trump administration could be considering not granting approval to Lord Mandelson's new position. The chief secretary to the Treasury also distances the government from comments made by Sir Sadiq Khan where the Mayor of London warned over 'resurgent fascism' ahead of Trumpâs inauguration. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Darren Jones says Tulip Siddiq's resignation from the government can be seen as a "clear success" for Sir Keir Starmer, as it shows the prime minister's new independent process for investigating ministerial conduct "has worked". The chief secretary to the Treasury adds Siddiq "was a good minister doing a great job", but that she accepted her wider family had become a "distraction" for the government. Siddiq resigned as Treasury minister over an anti-corruption investigation into her wider family in Bangladesh. Report by Brooksl. 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 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
The suspended Labour MP Mike Amesbury has pleaded guilty to assault at Chester Magistrates' Court after he was charged with punching a man to the ground during an alleged assault last October. 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 housing secretary says, "it's good the economy is growing because it's not been growing since Labour took over". Kevin Hollinrake's comments come after latest figures show that the economy grew by 0.1% in November says the economic "black hole" that Labour claims it inherited from the previous Conservative government is "self-inflicted" and was caused by pay rises given to public sector workers "without any negotiation, without any strings attached in terms of productivity". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
UK retail sales unexpectedly declined last month in a blow to the sector during the all-important festive shopping season, new official figures show. The volume of retail sales â which measures the quantity bought â fell by 0.3% in December, the Office for National Statistics said. Retail analyst Kate Hardcastle said that the flop in sales was down to "savvy" customers who "cut corners" to save money. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and faster in delivering growth to make people in Britain better off". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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 âdisappointedâ 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
Prime Minister Keir Starmer has said Britain faces a "new and dangerous threat" in light of the Southport attack in July 2024. Speaking a day after Axel Rudakubana, 18, pleaded guilty to murdering three young girls at a Taylor Swift-themed dance class, Starmer warned of the rising threat of 'extreme violence perpetrated by loners, misfits, young men accessing all manner of material'. The Prime Minister added that he would change the law if needed to tackle this new threat. Report by Faragt. 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 has said the failure of state institutions in the case of child-killer Axel Rudakubana âfrankly leaps off the pageâ. The 18-year-old pleaded guilty on Monday to murdering three girls at a Taylor Swift-themed dance class in Southport, Merseyside, in July. The PM added that the Southport killings âmust be a line in the sand for Britainâ. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Dan Walker from 5 News speaks to Nigel Farage in Washington DC ahead of Donald Trumpâs second inauguration as President of the United States. The Reform UK leader explains why he believes Mr Trump is âwhat the world needsâ, and where he stands with Elon Musk following differences of opinion over Tommy Robinson. When asked if he genuinely thought he could be the next UK prime minister, Mr Farage responded: âYes, I do.â Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative shadow minister Richard Holden says it is âfantastic newsâ to see British-Israeli national Emily Damari released from captivity in Gaza, but adds that there is âa lot of anxiety thereâ for the families of the remaining hostages. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Axel Rudakubana, 18, has pleaded guilty on the first day of his trial at Liverpool Crown Court to murdering three young girls in a knife attack at a Taylor Swift-themed dance class in Southport. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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