Reeves: Nation's defences are stronger with spending boost
Video Credit: ODN - Duration: 01:34s - Published
Reeves: Nation's defences are stronger with spending boost
Rachel Reeves has outlined her plans to "strengthen our nation's defences", by increasing defence spending to 2.5% of GDP and to build 1.5 million new homes.
The chancellor acknowledges that the OBR has downgraded the UK's growth forecast for 2025 from 2% to 1%, but adds, "it has upgraded growth for next year and every year after that".
Report by Brooksl.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has backed Heathrow's latest plans for a third runway, saying it's "so important" for Britain to "trade with countries around the world". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has dodged calls from her predecessor Anneliese Dodds for a wealth tax to be considered ahead of this autumn's budget. Sky News
Sizewell C nuclear power plant construction to cost £38bn as investors sign deal. Chancellor Rachel Reeves said the development would reduce the UK’s reliance on “foreign dictators” for energy. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Lawyer Kavon Hussain, representing motorists at the Supreme Court, says he is "disappointed" in a ruling that has found lenders are not liable for hidden commission payments within car finance schemes. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Millions of drivers in car finance schemes will not receive compensation, after the Supreme Court ruled lenders are not liable for hidden commission payments. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Heathrow has submitted its latest plans for a third runway at Europe’s busiest airport. The total cost, including new terminals and infrastructure, will be £49 billion pounds. The airport says expansion will create up to 40,000 new jobs and add 0.43% to the UK’s GDP by 2050. However, the plans will face fierce opposition from locals, politicians and climate campaigners. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Struggling with mental health issues, such as anxiety and depression, "is not weak and nothing to be ashamed of", says Amanda Thorpe, widow of former England cricketer Graham Thorpe. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves will give her Spring statement in the House of Commons this lunchtime, where she is expected to announce welfare cuts and a boost to defence spending. Report by Brooksl. Like..
The chancellor says her Spring budget will include a £2.2 billion boost to defence spending. Rachel Reeves adds this has been funded by "reducing what we spend on international development". Report by..
![Chancellor backs 'important' Heathrow expansion [Video]](https://video.newsserve.net/300/v/20250801/1418334566-Chancellor-backs-important-Heathrow-expansion.jpg)
![Sizewell C nuclear power plant to cost £38bn [Video]](https://video.newsserve.net/300/v/20250722/1417256368-Sizewell-nuclear-power-plant-to-cost-£38bn.jpg)
![Lawyer 'disappointed' in Supreme Court's car finance ruling [Video]](https://video.newsserve.net/300/v/20250801/1418331156-Lawyer-disappointed-in-Supreme-Court-car-finance.jpg)
![Lenders avoid having to pay compensation to drivers [Video]](https://video.newsserve.net/300/v/20250801/1418329220-Lenders-avoid-having-to-pay-compensation-to-drivers.jpg)
![Heathrow launches latest third runway expansion plan [Video]](https://video.newsserve.net/300/v/20250801/1418323944-Heathrow-launches-latest-third-runway-expansion-plan.jpg)
![Thorpe's widow: Struggling with mental health isn't weak [Video]](https://video.newsserve.net/300/v/20250801/1418318648-Thorpe-widow-Struggling-with-mental-health-isn.jpg)
![Welfare cuts and defence boost expected in Spring statement [Video]](https://video.newsserve.net/300/v/20250326/1406262184-Welfare-cuts-and-defence-boost-expected-in-Spring.jpg)
![Chancellor pledges £2.2bn boost to defence spending [Video]](https://video.newsserve.net/300/v/20250326/1406248784-Chancellor-pledges-£2-2bn-boost-to-defence-spending.jpg)
