Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR

Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparency

World - Financial Times - October 30

Treasury should have told us about overspend by law, says OBR

Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.

UK Treasury breached legal duty by failing to reveal overspend, says watchdog

OBR chair says relationship with finance ministry moving to ‘system of trust but verify’

Business - Financial Times - November 5

Hunt accuses OBR of ‘political intervention’ over spending review

Former chancellor says watchdog’s plan to publish findings of review on Budget day is a ‘significant concern’

Business - Financial Times - October 28

Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’

Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’

Business - Financial Times - October 29

Trump’s hunt for Treasury secretary down to the wire

The jockeying for President-elect Trump’s pick to run the all-important Treasury Department is coming down to the wire. Trump’s economic team will be tasked with imposing an aggressive tariff ...

Politics - The Hill - 18 hours ago

Microsoft workers fired over Gaza vigil say company ‘crumbled under pressure’

Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel. Two Microsoft employees who were fired last week after organizing a vigil for ...

World - The Guardian - November 2

Possible Trump Treasury secretary says he'd work with Musk to cut federal spending

Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...

Politics - The Hill - October 30

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst

The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressures

Business - MarketWatch - October 25

Brazilian real slump pressures Lula to take action on spending

Leftwing administration promises fiscal containment measures in effort to calm financial markets

World - Financial Times - November 6

Harris campaign's spending comes under scrutiny

Vice President Harris’s campaign is seeing growing scrutiny over its spending strategy as Democrats continue to reckon with her devastating loss to President-elect Trump. Harris’s campaign blew ...

Politics - The Hill - 2 days ago

Volvo Cars says it will not support Northvolt as it slashes sales guidance

Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets

Business - Financial Times - October 23

Kamala Harris yet to speak as Trump wins White House

Exit poll data suggests Kamala Harris may have underperformed with female voters.

Archbishop of Canterbury under pressure to resign over church abuse ‘cover-up’

Justin Welby faces growing calls to step down after report into child abuser John Smyth

World - Financial Times - November 11

Roblox updates its safety systems and parental controls under outside pressure

Under outside pressure, Roblox announced updates to its safety systems and parental controls today to protect children. In a blog post, Matt Kaufman, chief safety officer at Roblox said the updates ...

Tech - VentureBeat - 3 days ago

Scholz under growing pressure to send long-range missiles to Ukraine

US decision to allow Kyiv to use Atacms on Russian targets heaps pressure on German chancellor to send Tauruses

Business - Financial Times - 3 days ago

Scholz under pressure to stand aside for Pistorius before German election

Senior SPD figures hold talks on candidate for chancellor amid speculation about switch to popular defence minister. Germany’s chancellor, Olaf Scholz, is under mounting pressure to step aside as ...

World - The Guardian - Yesterday

Labour under fire for failing to name MPs for key EU role

Calls for UK to work more closely with the EU on everything from defence and trade to immigration grow following Trump’s re-election. Keir Starmer’s government is coming under fire for having ...

World - The Guardian - November 10

Budget watchdog will break impartiality, claims Hunt

The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".

Laken Riley murder suspect was "hunting for females," prosecutor says

Jose Ibarra, who entered the U.S. illegally, is charged with murder in the February killing, which helped fan the immigration debate during this year's presidential campaign.

Failing hospitals will be revealed and their managers sacked, says Streeting

Hospitals in England will be ranked on care and finances, so patients can look for good service.

Starmer under pressure to accept slavery reparations, as minister claims UK will eventually agree - UK politics live

PM Starmer has been told by Commonwealth leaders he must come to the table to discuss reparations for the “ill effects” of slavery. Nigel Farage, the Reform UK leader, has said that “no one ...

World - The Guardian - October 24

Church of England head Justin Welby under pressure to resign amid abuse scandal

World - Yahoo News - November 11

Church of England head Justin Welby under pressure to resign amid abuse scandal

The head of the Church of England, spiritual leader of the global Anglican Communion, is under pressure to resign after an investigation found he failed to inform police about serial physical and ...

World - ABC News - November 11

Israel allows additional aid into Gaza under U.S. pressure but it still falls short

Last week, the United Nations warned again that Gaza faces famine while Israel faces a U.S. deadline to increase aid or face restrictions on American military support. Israel has been increasing ...

We're making another trim of a stock under pressure to protect hard-fought profits

Discipline is driving this trade because we do not want to turn gains into a losses.

Business - CNBC - 22 hours ago

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Commanders fail on crucial fourth down vs. Eagles, and signature win under Daniels will have to wait

Jayden Daniels and the Washington Commanders were stopped on a critical fourth down in the fourth quarter of their loss to the Philadelphia Eagles

Sports - ABC News - 6 days ago

Harvard Business School professor says this is the No. 1 'misconception about failing'

Failure is often a catalyst to success, but only if you're failing the right way, says the author of "Right Kind of Wrong: The Science of Failing Well."

Business - CNBC - October 30

If Trump declares victory before votes are counted, 'it will fail,' Harris campaign says

Donald Trump for days has baselessly claimed cheating is occurring in voting in Pennsylvania, a key swing state in his campaign against Kamala Harris.

Business - CNBC - November 1

Train safety system failed before fatal crash, report says

David Tudor Evans died after the crash and four others were seriously injured.

Latest in Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR