India  

Tories blame Reeves' tax hike for adverse market reaction

Video Credit: ODN - Duration: 02:05s - Published
Tories blame Reeves' tax hike for adverse market reaction

Tories blame Reeves' tax hike for adverse market reaction

Gareth Davies says people will be asking "what is this Budget for if it's not for growth?", after Rachel Reeves raised taxes by £40bn.

The shadow exchequer to the Treasury adds the chancellor's tax increases have sparked a hostile market reaction.

Report by Brooksl.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


💡 newsR Knowledge: Other News Mentions

Tory Tory Conservative political philosophy

Tories: 0.3% shrink in economy is deeply disappointing [Video]

Tories: 0.3% shrink in economy is deeply disappointing

The shadow chancellor says it is "deeply disappointing" that the economy shrunk by 0.3% in April, a figure higher than expected. Mel Stride adds, "this is a budget that's spiralling ever-upwards and this government is failing to get a grip on". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published
Tories warn Reeves not to raise taxes in spending review [Video]

Tories warn Reeves not to raise taxes in spending review

Shadow Chief Secretary to the Treasury Richard Fuller urged Rachel Reeves to keep to her fiscal rules as she unveils her spending review. He said that whilst it is nice to announce spending, “money doesn’t grow on trees” and tax rises must be avoided. While backing key infrastructure projects, he said Reeves must prove she can fund plans without “coming back for more taxes”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:05Published
Tories push for UK to leave ECHR to 'control borders' [Video]

Tories push for UK to leave ECHR to 'control borders'

The Conservatives are pushing for the UK to leave the ECHR, claiming it is limiting the government’s abilities to control borders. Shadow Home Secretary Chris Philp says the government should be able to do “what the public want”. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:58Published
Tories criticise government following record  crossings [Video]

Tories criticise government following record crossings

The Tories have criticised the government for blaming good weather conditions for record crossings over the weekend. More than 1,100 migrants arrived in the UK after crossing the English Channel on Saturday, the highest number recorded on a single day so far in 2025. Shadow Home Secretary Chris Philp said it is a "pathetic attempt to blame the weather" for the fact they have "lost control of our borders". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:51Published
Tories raise fishing concerns over EU deal [Video]

Tories raise fishing concerns over EU deal

The Conservative Party has warned the government not to sacrifice the UK’s fishing industry in its new deal with the European Union. Shadow Scottish Secretary Andrew Bowie said the opposition would scrutinise the agreement closely, amid concerns it could hand too many concessions to Brussels. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:52Published

Rachel Reeves Rachel Reeves British politician (born 1979)

Chancellor 'a gnat's whisker' from having to raise taxes - with 'sting in the tail' in her plans

Rachel Reeves is a "gnat's whisker" away from having to raise taxes in the autumn budget, a leading economist has warned - despite the chancellor insisting her..
Sky News
Reeves 'disappointed' that economy shrunk 0.3% in April [Video]

Reeves 'disappointed' that economy shrunk 0.3% in April

Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published
Reeves hails 'significant progress' on NHS waiting lists [Video]

Reeves hails 'significant progress' on NHS waiting lists

Rachel Reeves has hailed the government's "significant progress" to get NHS hospital waiting lists down by almost a quarter of a million. The chancellor adds the extra funding for the NHS in Wednesday's spending review should help waiting lists fall further. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:19Published

Is chancellor's spending review the start of a 'national renewal' - or too good to be true?

If you sat through the entire spending review speech delivered by Rachel Reeves in the House of Commons, you might have been lulled into a sense that the UK was..
Sky News
Spending Review 2025: The Main Points in 5 Minutes [Video]

Spending Review 2025: The Main Points in 5 Minutes

Chancellor Rachel Reeves has delivered her first spending review in the House of Commons, giving an indication of the government’s priorities and direction of travel until the end of the current decade. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 05:00Published

Gareth Davies (English politician) Gareth Davies (English politician) British politician (born 1984)

Tories insist ‘no pact’ with Reform UK [Video]

Tories insist ‘no pact’ with Reform UK

Shadow Financial Secretary to the Treasury Gareth Davies insists the Conservative Party “will not be entering into a pact” with Reform UK but will “win back the centre-right vote” at the next General Election. In an audio recording obtained by Sky News, Robert Jenrick can be heard saying that he wants the "fight" against Sir Keir Starmer's party to be "united". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:12Published

Facebook Facebook Social networking service owned by Meta Platforms

Starmer meets Carney for UK-Canada bilateral talks [Video]

Starmer meets Carney for UK-Canada bilateral talks

Sir Keir Starmer meets Canadian PM Mark Carney in Ottawa, calling UK-Canada ties “very much needed in the here and now.” The leaders discussed democratic values, trade, and security, with Starmer stressing the need for de-escalation in the Middle East ahead of G7 talks. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 03:30Published
Starmer meets Carney for trade talks and ice hockey [Video]

Starmer meets Carney for trade talks and ice hockey

Keir Starmer is welcomed by Canadian Prime Minister Mark Carney at Rideau Cottage ahead of the G7 summit. The pair share beers while watching the Stanley Cup Final, as they discuss reviving UK-Canada trade talks and deepening economic ties. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:45Published
Family and friends remember Air India’s UK crash victims [Video]

Family and friends remember Air India’s UK crash victims

In homes and places of worship from Leicester to London and beyond, people are remembering those who died onboard Air India flight 171. The Boeing 787-8 Dreamliner crashed on Thursday, seconds after taking off from Ahmedabad, the largest city in the Indian state of Gujarat. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 03:42Published
Badenoch arrives to address Scottish Conservative Party [Video]

Badenoch arrives to address Scottish Conservative Party

Conservative leader Kemi Badenoch arrives before addressing the Scottish Conservative Party conference in Edinburgh. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published
Badenoch expresses ‘condolences’ after India plane crash [Video]

Badenoch expresses ‘condolences’ after India plane crash

Conservative leader Kemi Badenoch expresses her “deepest condolences” to those affected by the Air India plane that crashed in Ahmedabad on Thursday, killing over 240 people. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:41Published

Related videos from verified sources

Rachel Reeves: Budget delivers desperately needed stability [Video]

Rachel Reeves: Budget delivers desperately needed stability

The chancellor has defended her Autumn Budget, calling it a "robust fiscal framework" that delivers "stability", despite an adverse market reaction that included a jump in the cost of government..

Credit: ODN     Duration: 01:47Published