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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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.
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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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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. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
With Labour's general election victory in the rearview mirror, eyes are turning to the next battle: who will be the party's next candidate for London mayor. Sky News
Kemi Badenoch has accused the government of "breaking promises" and "playing politics with the Waspi women". Labour has chosen not to compensate women born in the 1950s, claiming most knew about changes to the state pension age. Prime Minister Sir Keir Starmer responded saying, "the number one job of this government was to put the finances back in order after the last government lost control". 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 “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
Figures released by the Office for National Statistics (ONS) on Thursday put net migration at more than 900,000 in the year to June 2023, numbers Starmer blamed on the previous Conservative government.
Credit: euronews (in English) Duration: 01:32Published
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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Leader of the House of Commons Lucy Powell says the government will be looking at "bringing in new legislation" to strengthen rules on political donations following reports that billionaire Elon Musk is to make a large donation to Reform UK. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Levelling Up Secretary Kevin Hollinrake insists Kemi Badenoch is the "right person" to the lead the Conservative Party saying, "she is very strong, she's very optimistic, she is very bold". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn