The weekend Financial Times reports that ministers are already drawing up plans for fresh growth initiatives, rather than more taxes, after what the paper calls a "punishing" week in the markets that threatened to derail government economic policy.
The FT says that, according to officials, Chancellor Rachel Reeves will give a set-piece speech on the issue when she returns from China on Monday that will set out a "convincing growth narrative". The government is determined to avoid more tax rises, after the £40bn package in the Budget, the paper reports. One official said more hikes would be disastrous.
The Daily Telegraph says it can reveal that Downing Street is preparing billions of pounds worth of cuts to disability benefits, to calm the markets over its economic plans. No 10 and the Treasury are reported to believe that significant reductions are needed in the welfare budget, including Personal Independence Payments. Officials are said to be exploring the possibility of tightening the rules around what proof is needed to receive disability payments.
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The Daily Mail accuses Reeves of fleeing the market turmoil with her trip to China and, in its words, "cosying up" to a country it calls one of our biggest foes.
But the chancellor writes in the Times that Britain "has no choice at all" but to engage with Beijing to boost growth. In a comment piece for the paper, Reeves argues that national security and growth are not opposed. She argues that Britain can not ignore the fact that China is the world's second largest economy worldwide, and the UK's fourth largest trading partner. Instead, it's a question of building a stable relationship with Beijing but, in her words, competing where interests differ and challenging robustly when necessary.
Health Secretary Wes Streeting tells the Guardian that the use of inflammatory language about grooming gangs risks vilifying whole communities and could, in his view, lead to atrocities such as the New Zealand mosque attacks in 2019 where 51 people were killed. Streeting says he has no qualms calling out what he calls the sickening crimes of the gangs, but points out that there are people in his community of Pakistani heritage who are now more fearful than they were before.
According to the Telegraph, concerns that there's just a week's worth of gas left in Britain's reserves will raise scrutiny of the reliability of renewable power sources, especially when it comes to wind farms which are crucial to the government's net zero policy. The paper argues that dependence on wind farms is likely to lead to more energy shortages when there is low wind and falling temperatures, which forces power usage up. Ministers say building up renewable power sources will protect households from the rollercoaster of fossil fuel market prices. The Times mentions the same story and illustrates the sub-zero temperatures with an extraordinary picture, dominating its front page, of a frozen waterfall in the Peak District.
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The Daily Express says pressure is growing on England's cricketers and authorities to boycott the match against Afghanistan next month. The former Olympic swimmer Sharron Davies has joined nearly 200 MPs and peers demanding the game be called off because of the Taliban's decision to ban women and girls from playing sport.
Elon Musk is reportedly set to receive office space in the White House complex for his incoming work as co-head of the Department of Government Efficiency (DOGE), but he won’t be wall-to-wall with President-elect Donald Trump. Citing two sources that have been briefed on the plans, The New York Times reports that Musk will set up camp at the Eisenhower Executive Office, a separate building adjacent to the White House. It’s still not clear whether Musk’s DOGE partner, Vivek Ramaswamy, will also h
Bill Maher has a theory about Vice President-elect J.D. Vance’s real role in the Donald Trump administration, and it’s not energizing white working-class voters. “I think J.D. Vance is just a placeholder for Don Jr.,” he said of the Ohio senator and Hillbilly Elegy author. According to Maher, the U.S. under Trump is following in the footsteps of countries like North Korea and Syria, where “they have elections, wink wink, but really it’s just the scion of the ruling family that takes over.”
After a battle in Russia's snowy western region of Kursk this week, Ukrainian special forces scoured the bodies of more than a dozen slain North Korean enemy soldiers. But it is among mounting evidence from the battlefield, intelligence reports and testimonies of defectors that some North Korean soldiers are resorting to extreme measures as they support Russia's three-year war with Ukraine. "Self-detonation and suicides: that's the reality about North Korea," said Kim, a 32-year-old former North Korean soldier who defected to the South in 2022, requesting he only be identified by his surname due to fears of reprisals against his family left in the North.
Reformed ‘MAGA Granny’, who spent 60 days in jail for her role in the attempted insurrection at the US Capitol, has since washed her hands of the president-elect’s movement, calling it a ‘cult’
While more than 100,000 people have been evacuated and several of his A-list peers, including Tom Hanks, Anthony Hopkins and Julia Louis-Dreyfus, have seen their homes destroyed, the Oscar winner was seen landing in Cabo San Lucas on Friday. The well-known environmental advocate and founder of the Leonardo DiCaprio Foundation, has funded over $80 million in grants focused on climate change and sustainability. Dressed in a casual hoodie and baseball cap, DiCaprio appeared unfazed as he stepped off the plane alongside Ceretti, as reported by the Daily Mail.
The governor of California slammed incoming President-elect Donald Trump for spreading false claims about efforts to curtail the deadly wildfires ravaging the south of the state. In a Sunday interview with MSNBC’s Meet the Press, Gov. Gavin Newsom told reporter Jacob Soboroff that Trump had not taken him up on an open invitation to come and survey the damage in Southern California. As Soboroff put it to Newsom, “President-elect Trump has blamed you for the crisis. He called you incompetent, what
After earning $43 million in 2024, Sophie Rain will surpass that this year amid fierce ethical debates about her child-like looks and controversial pals
President Biden on Monday named Navy aircraft carriers after former Presidents Clinton and George W. Bush. “I am proud to announce that the next two Gerald R. Ford-class nuclear-powered aircraft carriers will be named for two former presidents: Bill Clinton and George W. Bush,” Biden said in a statement on Monday. “When I personally delivered…