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Trump-Iran conflict to complicate UK budget amid rising inflation
The UK Labour government has warned that Donald Trump’s military conflict with Iran will complicate next month’s budget, as the dispute has disrupted global oil supplies and increased inflationary pressures. Prime Minister Andy Burnham is preparing to meet Trump at the UN next week, despite having previously criticised the US president when serving as Greater…
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Drone strikes hit Moscow refinery as fires spread across Russian capital
Large fires broke out across Moscow and the surrounding region after Ukraine launched one of its largest reported drone attacks on the Russian capital, killing two people and injuring others. Russian authorities said drones struck the Moscow oil refinery, residential buildings and a logistics hub, while claiming the attack was intended to disrupt the final…
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Andy Burnham’s past social media rants about Donald Trump are ‘no bar to having a strong relationship’ insists Cabinet minister ahead of PM’s first meeting with US President
Cabinet minister Bridget Phillipson said Andy Burnham’s previous criticism of Donald Trump would not prevent the Prime Minister from developing a strong relationship with the US President. Burnham is due to meet Trump face to face at the United Nations general assembly in New York, with the Government stressing that cooperation with the US is…
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Burnham Meets Trump at UN Amid Policy Rifts While E-Bike Safety Row Escalates at Home
Prime Minister Andy Burnham is preparing for his first face-to-face meeting with US President Donald Trump at the United Nations on Tuesday, an encounter marked by significant policy disagreements between the two adminis
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Berlin and Mecklenburg-Vorpommern votes test Merz amid CDU losses
Local elections in Berlin and Mecklenburg-Vorpommern test Chancellor Friedrich Merz’s political standing after his Christian Democratic Union (CDU) suffered significant losses in recent weeks. These elections matter because they could trigger speculation about Merz’s tenure—he could potentially face mid-term replacement if the CDU’s downward trajectory continues. The contests come just 16 months into his chancellorship…
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Badenoch attacks Starmer over defence spending amid Russian threats to NATO
Tory leader Kemi Badenoch has attacked Prime Minister Keir Starmer’s government over defence spending, accusing it of insufficient commitment in the face of Russian aggression towards Ukraine’s allies. The row follows Mr Starmer’s statement that national security “cannot come at the expense of social security”, which Badenoch claimed sends a dangerous signal to Moscow about…
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Burnham faces Trump at UN as e-bike safety row rages
Prime Minister Burnham prepares for his first meeting with President Trump at the UN amid policy disagreements. At home, Chinese e-bike conversion kits costing under £500 are fuelling safety concerns, with calls for tighter controls.
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Chiltern Railways nationalised as Labour advances passenger rail overhaul
Chiltern Railways has entered public ownership, becoming the sixth train operator to be nationalised under Labour’s plan to renationalise all major passenger rail services by the end of 2027. The government aims to integrate nationalised operators into a single body, Great British Railways, and has promised service improvements including more frequent trains, additional seating, upgraded…
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Trump returns to White House as Houthi attacks raise regional tensions
Donald Trump cut short his planned weekend stay at Camp David and returned to the White House as tensions grew between Saudi Arabia and Iran-backed Houthi rebels in Yemen. The Houthis claimed responsibility for missile and drone attacks on Saudi targets, prompting concerns that regional fighting could escalate and disrupt travel and markets. Saudi Arabia…
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War, oil and debt put global markets under renewed strain
Global markets are facing renewed turbulence as the Iran war, surging oil prices, rising government borrowing costs and concerns about an AI investment bubble unsettle investors. The risk is that inflation could remain high, forcing central banks to raise interest rates sharply, weakening economies and potentially triggering a stock-market crash or recession. US borrowing costs…