Treasury welcomes falling inflation but says 'more to do'
Video Credit: ODN - Duration: 01:10s - Published
Treasury welcomes falling inflation but says 'more to do'
Exchequer Secretary to the Treasury James Murray has welcomed news that UK inflation fell for the second month running.
He called it an “encouraging sign” that the government’s economic plan is working but admitted “many families are still struggling.” Report by Covellm.
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A government minister has described the US tarriffs on steel and aluminium "disappointing" as they take effect today. Exchequer Secretary to the Treasury James Murray confirmed the UK are in negotiations with the US "as we speak" but said the government is unlikely to immediately retaliate. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Trump, with Kid Rock by his side, signed an executive order targeting unfair ticket scalping practices in the live entertainment industry. The order directs the FTC, Treasury, and DOJ to enforce stricter competition laws, ensure price transparency, and combat deceptive conduct. A detailed report on the actions taken will be submitted in 180 days. The move aims to protect consumers from exploitative pricing and restore fairness in concert ticket sales.
#Trump #KidRock #TicketScalping #ConcertTickets #TicketFraud #ConsumerRights #FTC #EntertainmentNews #TicketReform #FairPricing #LiveEvents #MusicFans #TicketTransparency #TicketLaws #PriceGouging #USPolitics #JusticeDepartment #TreasuryDepartment #BOTSACT #MarketRegulation
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The Green Party has said the government's expected cuts to welfare are "not fair" and that Chancellor Rachel Reeves could avoid making the cuts by choosing to "tax wealth fairly". Co-leaders Carla Denyer and Adrian Ramsay joined MPs holding placards outside the Treasury, at a 'Rebalance the Economy' photo-op. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer met his Norwegian counterpart Jonas Gahr Støre at the Joint Expeditionary Force (JEF) Summit in Oslo. The prime ministers then sat at a roundtable for discussions over regional security challenges with other European heads of state. The JEF coalition consists of the UK, Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, the Netherlands, Sweden and Norway. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The defence secretary says the government's commitment to NATO is "unshakeable". Speaking at the London Defence Conference, John Healey says Ukraine is fighting for the same freedoms that Europe fought for 80 years ago and that "the lesson of 80 years ago reminds us of the importance of alliances". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch says the UK-US trade agreement is "not a historic deal". The Conservative Party leader adds it is simply a "small tariffs deal" that leaves the country in a "worse position than we were in March". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The prime minister has held a phone call with the US president after agreeing a "historic" trade deal. Speaking from the White House, Donald Trump says there could not be a "more perfect morning to reach this historic agreement", given that the deal has been announced on the same day that Europe celebrated victory in World War II. Sir Keir Starmer replied by paying tribute to the historic, close partnership between the UK and US, adding that "the timing couldn't be more apt". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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