Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
Labour figures uneasy about Healey’s ‘underpowered’ approach to budget. Chancellor faces global volatility and soaring energy costs as some insiders worry lack of clarity could trigger fresh market shock Senior Labour figures are privately voicing unease about John Healey’s approach to his crucial first budget this month, against the backdrop of volatile global markets and soaring energy costs. The chancellor’s work has been made significantly harder by the global bond sell-off, which continues to raise the cost of government borrowing, and ever increasing energy prices as Donald Trump continues the US war with Iran. Continue reading...
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Nithya Raman Reaches Out To David Ellison To Make Sure L.A Production & Jobs Return Now That ParaBros Deal Is Done
Nithya Raman Reaches Out To David Ellison To Make Sure L.A Production & Jobs Return Now That ParaBros Deal Is Done. Leading in polls in the Los Angeles mayor’s race, Nithya Raman went on a charm offensive Thursday with the film and TV industry, and Paramount’s CEO David Ellison in particular. “To David Ellison, to his co-CEO, I don’t just want those dollars that you’ve committed to productions to be spent in America — I want […].
Key disability benefit for young people may be axed under major welfare changes
Key disability benefit for young people may be axed under major welfare changes. Exclusive: Plan under discussion involves intensive support to help young people into employment Ministers are working up sweeping plans for welfare changes including scrapping a key disability benefit for under-25s and replacing it with a multibillion-pound package of support to get into work, the Guardian has learned. Whitehall sources said the package of changes under debate was much bigger than previously thought, as Andy Burnham’s government hopes to persuade more people on benefits back into work. Continue reading...
Welcome to the new Reform roadshow. Same as the last but more desperate | John Crace
Welcome to the new Reform roadshow. Same as the last but more desperate | John Crace. Nige is not rattled that the UK likes its new PM. Or that Reform is second in the polls. Oh no. Because Nige believes in Nige Nearly 10 years ago, Nigel Farage told LBC he would leave the country if Brexit were not a stunning success. For reasons that no one can quite fathom, he is still here. Could it be that he is a man who can’t be trusted to keep his word? Surely not. Nige wants you to know he’s very much.
PM warned Rosebank oil field could breach West Bank sanctions
PM warned Rosebank oil field could breach West Bank sanctions. Campaigners and Green Party leader Zack Polanski raise concerns about Rosebank's ties to an Israeli firm.
Ken Paxton’s Lavish Travel Has Reportedly Cost Texas Taxpayers $1.9 Million—Masters, Napa, Europe Among Trips
Ken Paxton’s Lavish Travel Has Reportedly Cost Texas Taxpayers $1.9 Million—Masters, Napa, Europe Among Trips. Since taking office in 2015, Paxton has taken over 275 out-of-state trips.
US borrowing costs hit 24-year high as global bond sell-off intensifies
US borrowing costs hit 24-year high as global bond sell-off intensifies. Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998 Business live – latest updates The global bond sell-off intensified on Thursday, driving 10-year US government borrowing costs to their highest level in 24 years in a frantic day’s trading. The threat of a renewed round of inflation from the persistently high cost of oil has spooked investors on both sides of the Atlantic, with central banks expected to raise interest rates in the coming months to prevent price.