UK Economy contracts for second month amid Tory criticism
Video Credit: ODN - Duration: 00:58s - Published
UK Economy contracts for second month amid Tory criticism
The UK economy shrank for a second consecutive month in October, marking the first back-to-back decline since the pandemic.
Shadow Chancellor Mel Stride criticised the government, claiming it inherited a fast-growing economy but is now "talking down" the UK, causing higher taxes, inflation, and unemployment.
Stride warned businesses are "sounding the alarm" due to the government's "doom and gloom" economic narrative.
Report by Covellm.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Mel Stride warns that the UK could face higher prices, job losses, and lower wages without a trade deal with the US. He said that businesses, investors, and stock markets are unhappy, urging the government to accelerate negotiations and secure a deal quickly to avoid economic difficulties. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Tories have criticised the government for not being âquickerâ with talks about tariffs imposed by the US. Shadow Chancellor Mel Stride said Labourâs comments about Trump whilst they were the opposition were âunhelpfulâ and could have âsouredâ relations with the Trump administration. 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 accused the Government of making rushed welfare cuts, including to disability benefits, to save money. He said ministers "lacked ambition" in finding fair savings and warned of "hard cases" emerging from the plans. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch accuses Labour of âchasing Reformâ, saying âthey want to sound like theyâre strong on migration". Her comments come as the government introduces new measures to deny asylum seekers the right the stay in the UK if convicted of committing sexual offences. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Liberal Democrat leader Sir Ed Davey condemns Belfast-based rap group Kneecap for making âoutrageousâ remarks as footage emerges of one of its members appearing to say "kill your local MP".
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Two men accused cutting down the landmark Sycamore Gap tree on Hadrian's Wall in 2023 arrive in court. Daniel Graham, 39, and Adam Carruthers, 32, deny two counts each of criminal damage - one to the tree and one to the ancient Roman-built wall.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Cabinet ministers arrive in Downing Street as the government introduces new measures to deny asylum seekers the right the stay in the UK if convicted of committing sexual offences.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Crime and Policing Minister Matt Vickers mocks Labourâs new law on asylum seekers saying, âthe immigration system is an utter disasterâ. The government plans to ban migrants convicted of sex offences, home secretary Yvette Cooper says.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn