50 h. ago Chancellor sets out over £2 trillion of spending to revive government

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a brighter future to increasingly disillusioned voters. Setting out day-to-day budgets for government departments from 2026 to 2029 and investment plans out to 2030, Reeves said the […]

Politics

53 h. ago UK Chancellor sets out spending plans to meet ‘working people’s priorities’

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a brighter future to increasingly disillusioned voters. Setting out day-to-day budgets for government departments from 2026 to 2029 and investment plans out to 2030, Reeves said the […]

Economics

62 h. ago Modest UK economic growth to lead Bank of England to cut rates gradually

The British economy will grow a mild 1 per cent this year with the Bank of England set to cut interest rates two more times in 2025, according to economists polled by Reuters, little changed from previous projections despite tariff uncertainty. The survey was completed before finance minister Rachel Reeves’ planned comprehensive spending review on […]

Economics

9 d. ago Zelenskiy suggests truce until meeting with Putin can be arranged

Ukrainian President Volodymyr Zelenskiy on Wednesday proposed implementing a ceasefire until a meeting can be arranged with Russian President Vladimir Putin. “My proposal, which I believe our partners can support, is that we agree a ceasefire with the Russians until the leaders meet,” Zelenskiy told a briefing in Kyiv. “At this time, people will understand […]

Politics

2 w. ago Starmer warns Farage’s ‘fantasy’ fiscal plans would crash the economy

British Prime Minister Keir Starmer warned on Thursday that Nigel Farage would crash the economy if his Reform UK party ever won power, describing the tax and spending plans of his closest political rival as a “fantasy”. Starmer’s centre-left Labour Party has seen its support tumble after imposing tax hikes and spending cuts since sweeping […]

Events

2 w. ago Trump Media to raise $3 billion to spend on cryptocurrencies, reports say

US President Donald Trump’s social media firm, Trump Media & Technology Group (DJT.O), plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter. Trump Media aims to raise $2 billion in fresh equity and $1 billion more through a convertible […]

Economics