Govt minister: We have to accept the trade-offs of growth
Video Credit: ODN - Duration: 02:18s - Published
Govt minister: We have to accept the trade-offs of growth
Jonathan Reynolds says there is no contradiction between Labour's new plans for growth and the government's green commitments, citing investments in renewable energy and clean technology as "massive opportunities".
The business secretary did, however, admit that there are “trade-offs” involved in growth and that the government will have to accept this as part of the process.
This comes ahead of Chancellor Rachel Reeves' major speech on growth, in which she is expected to speak about plans of improving water infrastructure, expanding Heathrow, and unlocking big investments for the country.
Report by Faragt.
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Jonathan Reynolds says the ceasefire deal between Israel and Hamas that was agreed on Wednesday is "hugely important" and is an overdue "moment of hope that the world has been waiting for". The business secretary adds that the UK's "steadfast" support for Ukraine will continue "for as long as it takes", until Russian forces withdraw. His comments come as Prime Minister Sir Keir Starmer visits Kyiv to sign a new long-term partnership deal with Ukrainian President Volodymyr Zelenskyy. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Business Secretary Jonathan Reynolds has announced a deal has been struck with Spanish state-owned business Navantia to takeover Belfast shipbuilder Harland and Wolff.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Business Secretary Jonathan Reynolds says the deal “strengthens” protections that the UK has. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Business Secretary Jonathan Reynolds has warned people to stay safe as Storm Darragh hits Britain. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor has argued that Rachel Reeves's plan to expand Heathrow Airport doesn't do enough to tackle economic issues affecting people now, claiming it will only come into effect in the next 10-30 years, if at all. Mel Stride did, however, assert his support for Reeves's planned Heathrow expansion, despite citing Labour divisions about the issue including Mayor of London Sir Sadiq Khan's objections. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow financial secretary has dismissed comparisons between Margaret Thatcher and Sir Keir Starmer, who likened his government to the ex-prime minister's. Criticising the Labour government's budget, Gareth Davies claimed Chancellor Rachel Reeves's budget has created an environment "not conducive to economic growth". The Tory MP's comments come as Reeves announced government support for Heathrow expansion in a major speech, in which the chancellor said a third runway could increase potential GDP by 0.43% by 2050 and could create over 100,000 jobs. Report by Faragt. 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
Guests arriving for the funeral of former Deputy Prime Minister Lord John Prescott. Arrivals include: Sir Lindsay Hoyle, Angela Rayner, John Healey, Rachel Reeves, Sir Keir Starmer, Gordon Brown, Sir Sadiq Khan, David Lammy, Yvette Cooper and Ed Balls, and Tony Blair. Arrivals followed by the coffin being carried into the church.
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Rachel Reeves has asserted that she is "confident" that her plans for Heathrow expansion will find the right balance between sustainable aviation and economic growth. This comes a day after the chancellor's major speech outlining plans for economic growth and initiatives, including a third runway at Heathrow Airport and investments into the Oxford-Cambridge 'Growth Corridor'. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Footage of Chancellor Rachel Reeves as she meets with business leaders at a business networking reception at Siemens Healthineers in Oxford and tours the Siemens Healthineers medical facility after her speech on economic growth. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ryanair boss Michael O’Leary claimed Rachel Reeves, who he branded "Rachel Rubbish", “hasn’t a clue” about how to generate growth in aviation. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rarely has a speech been so heavily trailed in the media, with so many of the details - from the third runway at Heathrow to the revived Oxford-Cambridge.. Sky News
Mayor of London Sir Sadiq Khan says he does not support a third runway at Heathrow Airport, siting noise pollution, air quality and the impact on climate change targets. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Along with an expansion of Heathrow Airport, the chancellor announced the government’s backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could become “Europe’s Silicon Valley” and add £78 billion to the UK’s economy by 2035. Rachel Reeves also declared government support for the redevelopment of the area around Manchester United’s Old Trafford stadium. Along with these investments, Reeves announced other key points such as a £65 million investment by the National Wealth Fund in expanding electric vehicle charging infrastructure. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
People selling and handling boat parts suspected of being used in migrant Channel crossings could face up to 14 years in prison under new laws trying to crack down on people smugglers. Home Secretary Yvette Cooper has also outlined plans to make endangering another life during a sea crossing to the UK a new offence carrying a five-year jail term under the Border Security, Asylum and Immigration Bill introduced to Parliament on Thursday. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former Prime Ministers Gordon Brown and Tony Blair were among those who spoke at a touching funeral service for former Deputy Prime Minister Lord John Prescott. There were many recognisable faces in attendance at Hull Minster. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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