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".
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.
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As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest.. Sky News
Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rajesh Kumar Singh and David Williams co-chaired the India-UK Defence Consultative Group meet in London. They discussed strengthening military cooperation and.. IndiaTimes
Sir Ed Davey says the latest figures showing a dip in UK growth are "really disappointing". The Liberal Democrat leader adds that the figures are a result of the Labour government's budget, their jobs tax and their lack of a growth strategy. His comments come after the latest Office for National Statistics data showed growth contracted by 0.1% in January. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A health minister says long-term, systemic domestic problems and a volatile global state has affected UK growth, as the latest Office for National Statistics figures show the economy contracted by 0.1% in January. Karin Smyth adds growth "is difficult, it's going to take some time, but we are determined to get there". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Robert Jenrick says "confidence has collapsed within our economy", after the latest Office for National Statistics figures show it contracted by 0.1% in January. The shadow justice secretary says the figures are a result of Rachel Reeves' "disastrous" Autumn budget, and urges the chancellor to stop her "anti-growth measures" and "put the economy back on firm footing again". 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 government is "determined" to turn around a decade of poor growth performance, after the latest Office for National Statistics figures show the UK economy contracted by 0.1% in January. The announcement is a blow to the chancellor ahead of her Spring statement on March 26. 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, said he was shocked and saddened by Norris's arrest, adding that it's right the Labour Party suspended the whip and that he can't return to Parliament while the investigation continues. 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 it was “clumsy” for Treasury Minister Darren Jones to compare welfare to children's pocket money. The chancellor adds it was "not the right analogy". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Laurence Fox has pleaded "not guilty" for the sharing of a photo of TV star Narinder Kaur on social media.
The actor-turned-politician appeared at Westminster Magistrates Court on Friday charged with two counts under the Sexual Offences Act 2003.
Fox, of Peldon in Essex, is alleged to have shared a compromising image in a tweet posted in April 2024 of Kaur, 52, who appears regularly on Good Morning Britain and has previously appeared on GB News.
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Ceramic poppies will return to the Tower of London in a new commemorative display marking 80 years since the end of the Second World War. Opening on 6 May 2025 and running through to Armistice Day in November, the display will feature nearly 30,000 ceramic poppies from the original 2014 installation, ‘Blood Swept Lands and Seas of Red’. The artwork transformed the Tower’s moat into a sea of red, attracting more than five million visitors and becoming a national site of remembrance.
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The Duchess of Edinburgh attended a Thanksgiving service at Westminster Abbey marking Anzac Day. The service was one of a string of events attended by Sophie, after she visited the Australian War Memorial at Hyde Park Corner early Friday morning. Sophie was representing King Charles III at the commemorations marking the sacrifices of Australian and New Zealand forces.
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On Thursday evening, Commons Speaker Sir Lindsay Hoyle turned on the Ayrton Light above Big Ben to mark the 80th anniversary of the end of the Second World War blackouts. In peacetime, the lantern light always shone out after sunset in order to show that the House of Commons was at work. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Three men have been jailed for a total of 99 years for planning to murder a member of a gang that carried out Britain's biggest ever cash robbery. Paul Allen was left paralysed for life after shots were fired at his home in north-east London, in 2019.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor says the Treasury "should not be popping champagne corks" over the unexpected dip in inflation to 2.5% in December. Mel Stride adds the government has "killed growth stone dead"..
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