Labour’s Budget Borrows

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.

Business - CNBC - 6 days ago

8 million student loan borrowers would qualify for relief under Biden 'hardship' rules

The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...

Politics - The Hill - 6 days ago

International investors descend on London as Labour tries to woo new business to Britain

Uncertainty around the event and suspected tax changes in the upcoming budget has left many investors in the dark.

Business - CNBC - October 14

German labour minister aims to recruit skilled workers from India

World - Yahoo News - October 14

Global business takes its chance to size up new Labour pitch

Starmer’s investment summit guests express both praise and doubt — but many want to wait to pass judgment

World - Financial Times - October 14

Would raising employer National Insurance break Labour's pledge?

If the chancellor decides to increase NI for employers in the Budget would that be going back on previous promises?

Labour to set up review after carer’s allowance overpayments scandal

Exclusive: overhaul of system that imposed draconian penalties for innocent errors in benefit claims is expected. Draconian penalties that caused unpaid carers to rack up thousands of pounds of ...

World - The Guardian - October 15

Lords committee calls on Labour to restore protections for modern slavery victims

Peers say protections have been undermined by three immigration acts passed by the previous government. Labour should restore protections for victims of modern slavery, which have been undermined ...

World - The Guardian - October 16

Labour backtracks on push for genocide ruling on China’s treatment of Uyghurs

Exclusive: Party drops plan for formal recognition laid out last year by David Lammy, who will visit Beijing on Friday. UK politics live – latest updates Labour has backtracked on plans to ...

World - The Guardian - October 17

Labour’s ‘reform or die’ mantra for the NHS misses the urgent tasks

The real challenge is how to make fast enough progress to offset increasing demands on the health service

Business - Financial Times - October 20

Dozen Labour MPs join call for 'extreme wealth' tax

The MPs want Rachel Reeves to bring in a 2% tax on assets over £10m, which they claim could raise £24bn per year.

Trump accuses UK Labour party of interference in White House race

Keir Starmer seeks to defuse potential transatlantic dispute

Business - Financial Times - October 23

Trump files extraordinary complaint claiming election meddling by UK Labour party

Allegation references LinkedIn post saying 100 party staffers were headed to US to campaign for Harris. First King George III. Now Sir Keir Starmer.. Citing the American revolution while ...

World - The Guardian - October 23

Trump campaign files FEC complaint over Labour staff campaigning for Harris

Former President Trump’s campaign team filed a complaint with the Federal Election Commission on Monday, labeling the U.K. Labour Party’s efforts to support Vice President Harris as “election ...

Politics - The Hill - October 23

Labour to end profit incentive for rail operators in run-up to nationalisation

Train bosses accuse government of being ‘ideological’ over ending post-Covid scheme letting them keep more cash

World - Financial Times - October 23

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance