Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government “talking down of the economy”.
UK economic growth slowed between July and September relative to the previous quarter, according to official data, in a blow to Chancellor Rachel Reeves.
Report by Covellm.
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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
Shadow chancellor Sir Mel Stride called Rachel Reeves’ plans a “spend-now, tax-later review”, warning she’ll return in autumn with “yet more taxes”. He said the review is “not worth the paper it’s written on” and accused Reeves of losing control, predicting a “cruel summer of speculation” after what he calls months of economic chaos. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride has said the Conservative Party has changed in a speech delivered on Thursday. The shadow chancellor admitted the 2022 mini-budget "was a mistake". "The Conservative Party is needed now more than ever but to win the fight, we will need thoughtfulness," Mr Stride added.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride admitted the mini-budget was "a mistake". The shadow chancellor made the remarks ahead of a speech he is set to deliver on Thursday. Mr Stride also warned the Labour Party is "not fiscally credible" and is "making a lot of mistakes". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Sir Mel Stride describes April’s rise in inflation to 3.5% as “pretty shocking” and says they are “down to government choices”, citing public sector pay rises and increases in employers' National Insurance. 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 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
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
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
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
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
It was billed as a massive moment in British economic policymaking - a juncture where the Labour government would turn its economic philosophy into a fiscal.. Sky News
MP for Richmond Park Sarah Olney welcomed the spending review’s investment into social care but said she remains concerned about the lack of money for police in London.
It comes as Chancellor Rachel Reeves announced policing will get more cash to allow Labour to fulfil its manifesto pledge of introducing 13,000 extra police officers in England and Wales. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Day-to-day spending on the NHS will increase by £29bn a year, Rachel Reeves has announced as she accepted voters are yet to feel an improvement under Labour. Sky News
Kemi Badenoch accused Sir Keir Starmer of failing on the economy, claiming unemployment had “surged” since Labour took office. The PM hit back at PMQs, saying 500,000 more people are in work and highlighting jobs from defence, energy and housing projects. Starmer said Labour is investing in Britain’s future, while the Tories “talk Britain down”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Yvette Cooper has revealed the findings of a review into child sex abuse by grooming gangs to MPs. The home secretary said Baroness Louise Casey’s review into child sex abuse by grooming gangs found suspects were often "disproportionately likely" to be Asian men. Prime Minister Sir Keir Starmer commissioned Baroness Casey to carry out an audit into the nature and scale of child sexual abuse in January, following months of pressure from his political opponents, and even tech billionaire Elon Musk. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch says victims are vindicated by the decision to launch a full grooming gangs inquiry. She says the Casey report exposed the need for action and stresses that the law should apply equally to everyone, without influence from race or other factors. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer says G7 talks will focus on de-escalating the Israel-Iran conflict. He confirms talks with Netanyahu, Trump and regional leaders, and highlights shared concern over Iran’s nuclear programme. British nationals in Israel are urged to register their presence online as a precaution. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has said he will meet US President Donald Trump for “one-on-one” talks at a major global summit in a push to get the US-UK trade deal over the finish line. The prime minister said he expected the economic pact to be completed “very soon” ahead of a meeting with Mr Trump at the G7 conference in Canada. Britain’s long-coveted free trade deal with Washington was agreed upon last month but is yet to be implemented, with both sides yet to take the necessary steps to reduce tariffs. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Solicitor Jonathan Bridge said many grooming gang victims doubt a new inquiry will help. He said previous investigations exposed failures by councils and police. Instead, he said that victims want therapy, compensation and accountability, not more inquiries, adding that most have “never asked” for a public inquiry. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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