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Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
Reeves embarks on Budget that will define Labour government
Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on WednesdayBusiness - Financial Times - October 28 -
Trump accuses Labour Party of 'foreign interference'
Labour activists volunteering in the US presidential election amounts to illegal "contributions", the complaint alleges.Top stories - BBC News - October 22 -
UK Budget: What to Know Before Labour’s Announcement
The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.Top stories - The New York Times - October 28 -
Did Labour mislead UK public ahead of Budget?
Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellorWorld - Financial Times - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Britain's Labour government to deliver debut Budget this week, settling weeks of uncertainty
U.K. Finance Minister Rachel Reeves will deliver the government's hotly awaited debut budget on Wednesday, putting to bed weeks of uncertainty over potential tax hikes and spending cuts.Business - CNBC - October 28 -
UK government not considering Scottish visa to attract migrants
Sir Keir Starmer has been urged to transfer powers to the Scottish government to help address labour shortages.Top stories - BBC News - October 16 -
UK government to launch HS2 review as costs spiral
Transport secretary Louise Haigh says delivery of rail link project has been ‘dire’Business - Financial Times - October 20 -
Calls for UK government to discuss siblings' return
Sara’s five siblings have been in Pakistan since the defendants travelled with them in August 2023.Top stories - BBC News - October 22 -
Extra £1.7bn for Welsh government in UK Budget
The chancellor also announces cash for coal tip safety and green hydrogen projects in Wales.Top stories - BBC News - October 30 -
Trump accuses UK Labour party of interference in White House race
Keir Starmer seeks to defuse potential transatlantic disputeBusiness - 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 -
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 guidanceWorld - Financial Times - October 23 -
UK's ruling Labour Party rejects accusations of U.S. election interference
The U.K.'s ruling Labour Party has rejected accusations by Donald Trump's campaign team that its party members have interfered in the U.S. election.Business - CNBC - October 23 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
The US-UK special relationship will survive Labour involvement in this election
The decision of Labour Party volunteers to go to the U.S to knock on doors for Vice President Kamala Harris has sparked controversy, with Republicans filing an FEC complaint and suggesting it could ...Politics - The Hill - November 1 -
UK MPs plan to grill Shein boss over labour practices
Business select committee intends to summon fast-fashion brands over workers’ rights as soon as JanuaryWorld - Financial Times - 4 days ago -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - 3 days ago -
Relationship between UK and Ukraine ‘has worsened since Labour won election’
Exclusive: Official in Zelenskyy administration expresses frustration with Starmer over lack of missiles. Ukraine’s relationship with the UK has “got worse” since the Labour government took power ...World - The Guardian - 36 minutes ago -
UK regulator approves second Alzheimer's drug in months but government won't pay for it
Britain’s drug regulator approved the Alzheimer’s drug Kisunla on Wednesday, but the government won’t be paying for it after an independent watchdog agency said the treatment isn’t worth the cost ...Health - ABC News - October 23 -
UK regulator approves second Alzheimer's drug in months but government won't pay for it
Britain’s drug regulator approved the Alzheimer’s drug Kisunla on Wednesday, but the government won’t be paying for it after an independent watchdog agency said the treatment isn’t worth the cost ...World - ABC News - October 23 -
UK visa process for AI experts should be streamlined, says government adviser
Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centresBusiness - Financial Times - October 30 -
UK government aims to ban smoking outside schools and hospitals
New legislation would cover children’s playgrounds, but pub gardens win reprieve after industry objectionsBusiness - Financial Times - 3 days ago -
Amazingly, there is more to say about the UK government’s £3.8mn wine cellar
Government Hospitality Wine Cellar 3: Revenge of the MandarinWorld - Financial Times - 3 days ago -
UK government launches new AI safety platform for businesses
Science and tech secretary Peter Kyle wants country to be global leader in testing safety of new technologyWorld - Financial Times - 2 days ago -
UK government pledges better treatment of people with autism and learning disabilities
Long-awaited mental health bill will end use of prison cells for people experiencing severe mental illnessWorld - Financial Times - 2 days ago -
UK government explores privately funded Birmingham-Manchester rail link
Mayors argue new train line is needed after northern leg of HS2 was axed on cost groundsWorld - Financial Times - 13 hours ago -
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...World - The Guardian - October 14 -
Labour will reform benefits system to save £3bn, says minister – UK politics live
‘We will not go ahead with the Tory plan,’ Alison McGovern says, adding: ‘We will bring forward our own reforms’. Rachel Reeves is considering raising the tax on vaping products in her budget ...World - The Guardian - October 18 -
UK Labour Party's efforts to help Harris draw scorn from Trump World
The Labor Party in the UK is sending over 100 current and former staff members to battleground states in the US to volunteer for Vice President Harris, sparking controversy among Republicans who ...Politics - The Hill - October 18 -
UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?
Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...World - The Guardian - October 30