Latest in U.k Government Cuts
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U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
U.K. government bond yields hit 2024 highs as traders balk at increased debt sales
Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.Business - MarketWatch - October 31 -
Traders trim Bank of England rate cut bets after U.K. inflation rebounds
The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.Business - MarketWatch - Yesterday -
Will Elon Musk be able to cut $2 trillion from US government spending?
The Tesla CEO claimed he could slash US spending by eradicating “waste”.Top stories - BBC News - November 13 -
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A Dutch government watchdog says the Netherlands is unlikely to hit a 2030 target for emissions cuts
The Dutch government’s climate watchdog is warning that the Netherlands is “very unlikely” to achieve a European Union-mandated reduction in greenhouse gas emissions by 2030 unless it takes urgent ...World - ABC News - October 24 -
Musk’s ‘DOGE’ commission wants to cut trillions in government spending. Social Security and Medicare make prime targets.
Voters said they’ve had enough hardship. But Elon Musk says more is needed.Business - MarketWatch - Yesterday -
Trump Accuses U.K. Labour Party of Election Meddling
Donald Trump’s campaign said Britain’s governing Labour Party had engaged in “blatant foreign interference.” Other British politicians have previously acted in support of Mr. Trump.World - The New York Times - October 24 -
U.K. Plans Disposable Vape Ban in England
The measure, which echoes plans in Scotland and Wales, aims to protect young people’s health and reduce environmental damage.World - The New York Times - October 24 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Tommy Robinson, U.K. Anti-immigrant Agitator, Jailed for Contempt of Court
The founder of the English Defence League was sentenced to 18 months for ignoring a court order to stop making false claims about a teenage Syrian refugee.World - The New York Times - October 29 -
In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.World - The New York Times - October 29 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
Former U.K. Prime Minister Boris Johnson on new memoir and the U.S. election
Boris Johnson joins "CBS Mornings" to talk about his new memoir, his time as British Prime Minister, his role in Brexit and offers his views on the current U.S. presidential election.Top stories - CBS News - October 31 -
U.K. Confirms New Cases of Clade Ib Type of Mpox
The authorities said the risk of a rapid spread remained low because the new cases had had household contact with the first infected person.World - The New York Times - November 6 -
Princess Kate attends U.K.'s annual Remembrance events
Catherine, Princess of Wales, attended her first major royal occasion since ending chemotherapy for her cancer treatment.Top stories - CBS News - November 9 -
U.K. ambassador says "it's no say" for European leaders to discuss what Trump will do
Karen Pierce, Britain's ambassador to the U.S., tells "Face the Nation with Margaret Brennan," that amid the world reaction to President-elect Donald Trump's return to the White House, "it's for ...Politics - CBS News - November 10 -
Archbishop of Canterbury Resigns Over U.K. Church Abuse Scandal
The Most Rev. Justin Welby, the leader of 85 million Anglicans worldwide, announced his resignation days after a report found he had taken insufficient action over claims of abuse.World - The New York Times - November 13 -
U.K. Plans to Fine Tech Executives for Illegal Weapon Sales Online
In a bid to curb knife crime, the government would hold officials of tech companies personally liable for illicit sales on their platforms, a significant shift in internet regulation.World - The New York Times - November 13 -
Jets scrambled after Russia spy plane spotted near U.K. airspace
The Royal Navy also shadowed Russian military vessels passing through the English Channel this week, officials said.Top stories - CBS News - 6 days ago -
U.K. Farmers Protest in London Over Inheritance Tax Change
Farms worth more than about $1.3 million will face an estate tax from 2026, ending a previous exemption and prompting anger in some rural communities.World - The New York Times - 2 days ago -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Business - The Wall Street Journal - 2 days ago -
Investors should pick up ‘cheap’ U.K. stocks, UBS says
UBS analysts noted U.K. stocks are currently “abnormally cheap” with almost all sectors trading at double discounts compared to their U.S. counterpartsBusiness - MarketWatch - 2 days ago -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Tech - The Wall Street Journal - 2 days ago -
One Direction bandmates arrive to mourn Liam Payne at star's funeral
One Direction star Liam Payne’s funeral was held Wednesday after he died falling from a hotel balcony in Argentina’s capital, Buenos Aires.Top stories - NBC News - Yesterday -
Biden Approves Antipersonnel Mines for Ukraine
The move is part of a broader push to counter the Russian military and provide Ukraine with more leverage in possible negotiations.World - The Wall Street Journal - Yesterday -
Ellen DeGeneres and Portia de Rossi are reportedly expats in the U.K. — because Trump?
Ellen DeGeneres and Portia de Rossi are now reportedly at home in Britain's Cotswolds, having left their beloved Montecito behind. Blame Trump, or thank him?Entertainment - Los Angeles Times - 21 hours ago -
New football regulator to be given power to tackle controversial 'parachute payments'
"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.Top stories - BBC News - October 23 -
Germany's Fractious Government Collapses
German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.World - The Wall Street Journal - November 6 -
The British government’s Trump dilemmas
Relations with both the US and EU are now called into questionBusiness - Financial Times - November 11 -
How to strengthen government machinery
Much-needed update of special adviser role must also improve support for opposition partiesWorld - Financial Times - 2 days ago -
Musk's plan to shrink the government
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, Ramaswamy tee up mass layoffs, rule rollbacks under Trump Tech entrepreneurs Elon Musk and Vivek ...Politics - The Hill - 23 hours ago -
U.K. treasure hunters make millions off silver coins dated to 11th century
2,584 silver pennies dating from the Norman Conquest is Britain’s most valuable treasure find ever at over $5 million.Top stories - NBC News - October 23 -
Lucy Letby, Former U.K. Nurse, Loses Bid to Appeal Attempted Murder Conviction
Ms. Letby is serving 15 life sentences after the deaths and collapses of babies in the neonatal unit where she worked.World - The New York Times - October 25 -
U.K. Man Who Posed as a Girl to Extort Teens Online Gets 20 Years in Prison
The Northern Ireland resident sought explicit images from thousands of girls he had groomed and blackmailed, leading to the death of a 12-year-old girl in the United States.World - The New York Times - October 26