Economy contracted by 0.1% in January, ONS figures say
Video Credit: ODN - Duration: 00:33s - Published
Economy contracted by 0.1% in January, ONS figures say
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.
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The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including increased spending and borrowing. Mel Stride's comments come after government ministers pointed blame at the previous Conservative government after new data from the Office for National Statistics estimated that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Policing Minister Dame Diana Johnson has admitted that the next few months could be a "bumpy ride" following new data from the Office for National Statistics estimate that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow chancellor Mel Stride has criticised the new growth figures released by the ONS. Mr Stride accused the government of "talking down the economy" and referenced the "disastrous budget" set out by Rachel Reeves.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK economy grew in the final quarter of last year after better-than-expected expansion in December, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.1% higher between October and December. Rachel Reeves said she is "still not satisfied with the level of growth our economy is achieving" as she pledged to go "further and faster" to boost growth. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves marked International Women’s Day at RAF Northolt, meeting female personnel. She said the government must redouble efforts on women’s opportunities, highlighting childcare and breakfast clubs to help parents, especially mothers, balance work and family life. 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 said the Government will work with Ukraine for “as long as it takes”. The Chancellor of the Exchequer visited RAF Northolt and met Armed Forces personnel and suppliers sending equipment to Ukraine’s military to mark the occasion. She said the government was increasing defence spending to 2.5% of GDP in response to a changing world, funding the rise by cutting the aid budget. 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 has said the welfare system is "letting down taxpayers", while she again committed to reaching 2.5% in defence spending by 2027 due to the.. Sky News
kemi Badenoch has spoken out in support of the prime minister's decision to increase defence spending. Speaking during a visit to Glasglow on Thursday, the Conservative party leader said she is pleased the prime minister decided to reinstate the plan. "The world is becoming a lot more dangerous and we need to be ready," she said. Ms Badenoch also praised the decision to abolish NHS England. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Ed Davey has spoken out in support of Keir Starmer's decision to scrap NHS England. Speaking in Yorkshire on Thursday following the announcement, the Liberal Democrats leader said that while he supports the decision, more needs to be done. "The truth is it's not the big issue in the NHS - the big issue is getting more GPs and NHS dentists," Mr Davey said. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
18-year-old Hassan Sentamu has been sentenced to at least 23 years for murdering 15-year-old Elianne Andam in Croydon. Paying tribute to the late teenager following the sentencing, her cousin Gideon said: "She was a light in all of our lives. Our only hope now is that real change will come from this tragedy - knife crime is taking too many lives."
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Solong struck the Stena Immaculate off the east coast of Yorkshire on Monday morning - one man is missing, presumed dead, following the incident. Report by Kennedyl. 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 arrived at the Houses of Parliament for PMQs, where he is likely to face questions on Tulip Siddiq's resignation as Treasury minister and the economy, after the..
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