Latest in Zimbabwe parliament hit by power cut during budget speech
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UK Autumn Budget 2024: the chancellor’s speech in full
Rachel Reeves’ statement to the House of CommonsWorld - Financial Times - October 30 -
FirstFT: Media groups prepare for election night disinformation
Also in today’s newsletter, bets on US election volatility rise, and UK borrowing costs soarWorld - Financial Times - November 1 -
Investors step up bets that US election will trigger market volatility
Jitters sweep through bond and currency markets before presidential voteWorld - Financial Times - November 1 -
Spain’s deadly floods put spotlight on lack of climate preparedness
Also in this newsletter: European lawmakers open to simpler post-Brexit trade relationsWorld - Financial Times - November 1 -
The Great British bond battering continues after budget speech
U.K. bond yields continued to surge on Friday, as fixed-income investors react in dismay to an increase in issuance.Business - MarketWatch - November 1 -
Bill Gates criticises Budget cut to overseas aid
Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.Top stories - BBC News - October 31 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19 -
The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'
Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.Top stories - BBC News - October 31 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
Lawmakers stage Māori protest in New Zealand's parliament during fraught race relations debate
A vote in New Zealand’s parliament was suspended and two lawmakers ejected Thursday amid debate over a controversial proposed law redefining the country’s founding agreement between Indigenous ...World - ABC News - November 14 -
Harris hits battleground states after closing argument speech
Vice President Kamala Harris campaigned in North Carolina, Pennsylvania and Wisconsin after painting a stark contrast with former President Trump during closing arguments at her rally in Washington ...Politics - NBC News - October 30 -
Adani begins to cut off power supplies to Bangladesh
Indian conglomerate threatens to halt flows from coal-fired plant over debt disputeBusiness - Financial Times - November 3 -
Bangladesh staves off more Adani power cuts
Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity suppliesWorld - Financial Times - November 7 -
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Whole of Cuba loses power as Hurricane Rafael hits
The category three storm made landfall on Wednesday and is expected to bring storm surges and floods.Top stories - BBC News - November 7 -
Typhoon Yinxing Hits Philippines as a Powerful Storm
The tropical cyclone, which hit the island of Luzon, prompted evacuation orders for more than 160,000 residents. Early Friday, officials warned that “life-threatening conditions persist.”World - The New York Times - November 8 -
Israel Strike Against Hezbollah in Lebanon Kills at Least 20
Israel was targeting a senior Hezbollah commander, but failed to kill him, one Israeli official said. Hezbollah officials said none of the group’s leaders were at the attack site.World - The New York Times - 5 days ago -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
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BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Restaurant workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.Top stories - BBC News - November 10 -
Khanna says Democrats will work with Musk's DOGE on cutting defense budget
Rep. Ro Khanna (D-Calif.) on Monday suggested that Democrats could work with tech billionaire Elon Musk’s “Department of Government Efficiency” (DOGE) on cutting the defense budget. The issue came ...Politics - The Hill - 3 days ago -
Plan to cut Berlin arts budget will ‘destroy’ city’s culture, directors warn
Leading theatre figures warn ‘drastic’ reduction in funding will cause bankruptcy and harm city’s tourism appeal. Plans to slash Berlin’s culture budget by tens of millions of Euros have led to a ...World - The Guardian - Yesterday -
‘Hard to accept’: Arteta hits out at penalty decision during Inter defeat
Arsenal manager angry at handball against Mikel Merino ‘I don’t understand – it’s a deflection. There is no danger’ Mikel Arteta was left fuming after a controversial penalty for Inter ended ...World - The Guardian - November 6 -
Rental homes supply will be hit by Budget stamp duty changes, say landlords
Levy on second homes and buy-to-lets raised from 3 per cent to 5 per centWorld - Financial Times - October 30 -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - October 30 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Greggs shares fall as analysts predict near-£100mn Budget hit
Low-cost bakery chain has not yet commented on impact but retailers warn that measures will hurtBusiness - Financial Times - November 8 -
Budget fallout will hit UK plc’s squeezed middle hardest
Smallest private sector employers will be protected from NI increase while big business can pass cost on to consumerWorld - Financial Times - November 11 -
UK retailers warn Reeves of £7bn hit from Budget changes
Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sectorBusiness - Financial Times - November 19 -
Shop sales in surprise fall as Budget fears hit spending
Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.Top stories - BBC News - 6 days ago -
The Papers: 'Business blames budget' and 'UK economy takes hit'
A survey indicating a slowdown in private business activity, which some blame on the government, leads the front pages.Top stories - BBC News - 6 days ago -
Kingfisher shares tumble as retailer warns on sales drop and Budget hit
Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from BudgetWorld - Financial Times - 3 days ago