Keywords: Rachel Reeves
Long-term government borrowing costs have climbed to their highest levels in decades across major economies, driven by rising fiscal concerns and inflation fears that are reshaping bond markets. Japanese 30-year bond yields reached a record 3.28% on Wednesday, while UK gilt yields soared to levels unseen......
British police have prohibited the campaign group Palestine Action from holding a protest outside parliament on Monday. This decision follows an incident last week when two members of the group illegally entered a military base. The government is also considering officially banning the organisation. In......
The UK government has announced its intention to pursue legal action against former Chelsea Football Club owner Roman Abramovich to ensure that the £2.5 billion from the sale of the club is used for humanitarian aid in Ukraine. The sale proceeds have been frozen in a UK bank account since Abramovich......
Financial markets now fully anticipate that the Bank of England will lower interest rates in May, driven by the evolving global economic impact of Donald Trump’s trade policies. On Tuesday, LSEG data initially showed an 82% probability of a rate cut from 4.5% to 4.25% on 8 May. However, that probability......
The United Kingdom’s economy experienced an unexpected contraction in January, with Gross Domestic Product (GDP) shrinking by 0.1% following a 0.4% increase in December, according to the Office for National Statistics (ONS). This economic downturn presents a fresh challenge for the government as......
The ambitious Xlinks Morocco-UK power project, set to become the world's longest subsea cable at 4,000 kilometers, is actively seeking political backing to secure its £24 billion ($29.9 billion) investment plan. The project aims to connect Moroccan renewable energy directly to British homes,......
In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......
London, United Kingdom, as Keir Starmer prepares to mark his first 100 days in office as Prime Minister this Saturday, his government’s performance has drawn significant criticism, with many deeming it the “worst start in living memory.” An October 8 YouGov poll reveals that Starmer’s......
During a recent Labour Party conference in Liverpool, a protester interrupted British Chancellor Rachel Reeves as she delivered her keynote address. The individual vocally demanded an immediate halt to arms sales to Israel, reflecting growing public discontent regarding the UK's military support......
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