Making Britain better off will be "at the forefront of the chancellor's mind" during her visit to China, the Treasury has said amid controversy over the trip. Sky News
The U.S. has announced a $500 million military aid package to support Ukraine’s defense against Russia’s ongoing aggression. This new assistance includes critical supplies like ammunition, drones, armor, and protective gear. It follows several previous aid announcements and reinforces the U.S.'s commitment to Ukraine's security amid the prolonged conflict. Additionally, the Treasury has transferred $20 billion as part of a G7 loan package to provide Ukraine with economic aid. Russia has responded with threats, warning against the use of U.S.-supplied weapons in Ukrainian attacks.
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Shadow Chancellor Mel Stride has called for Prime Minister Starmer to sack Treasury minister Tulip Siddiq, arguing it is “impossible” for her to continue as anti-corruption minister while facing allegations linked to her aunt’s political movement in Bangladesh. Stride said, “If you’re in a Ministerial position, you have to be in a position to actually conduct the responsibilities for which you’re responsible, and I just don’t think in her case that that is any longer possible.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK economy shrank for a second consecutive month in October, marking the first back-to-back decline since the pandemic. Shadow Chancellor Mel Stride criticised the government, claiming it inherited a fast-growing economy but is now "talking down" the UK, causing higher taxes, inflation, and unemployment. Stride warned businesses are "sounding the alarm" due to the government's "doom and gloom" economic narrative. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Shadow Chancellor has described the ceasefire between Israel and Hezbollah as "very encouraging" and "very good news." He emphasised the need for the release of hostages in Gaza, which Mel Stride stated should now be a key priority. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor has said the rise in inflation to 2.8% is "worrying." UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
Mel Stride said a key componenent to the increase has been energy bills. "The winter fuel payment has been removed for a lot of pensioners including the most vulnerable so I think a lot of people will be worried about this," Mr Stride said.
Report by Kennedyl. 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
Tulip Siddiq ignores questions from an ITV News reporter as she departs Parliament following her resignation as Treasury minister, following pressure around her connections to the deposed Bangladeshi regime. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A woman who worked as a Personal Assistant to the former Harrods boss Mohamed Al Fayed has broken her silence about the sexual abuse she says she suffered at his hands. Tanya Addison says Al Fayed would "make you sit on his lap" and "often kiss you on the mouth". She adds she was preyed upon almost as soon as she started working for Al Fayed in the 1990s, leaving her feeling "very frightened" and "deeply ashamed". Tanya has now joined a string of other women who have bravely come forward to make sexual allegations against the late Harrods boss. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn