Good news on inflation could be quickly erased by tax rises and Trump turbulence ahead
Wednesday, 15 January 2025 A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to Rachel Reeves.
US President Donald Trump has claimed Ukraine could be “crushed very shortly” unless it agrees to peace talks with Russia. In an interview with The Atlantic, Trump said he’s trying to save Ukraine by pushing for negotiations, suggesting Moscow is open to a deal. He criticized Kiev’s stance, especially on Crimea, and hinted Zelensky was tougher to negotiate with than Putin. Meanwhile, Vice President Vance echoed similar concerns, and Secretary of State Rubio warned of the US abandoning talks if delays persist. Trump is also seeking a minerals agreement with Ukraine.
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President Trump indicated that tariff discussions with India are progressing positively, raising hopes for a potential agreement. Both nations are actively.. IndiaTimes
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
Chancellor Rachel Reeves said the UK is “resolved” to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of protecting British jobs and industry while continuing talks with American counterparts. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn