Belgium has postponed its budget discussions until December, successfully avoiding a government collapse for the time being. This decision is crucial as it allows the current administration to continue functioning, but it also highlights ongoing political instability in the country. The new deadline for securing a budget for 2026 raises questions about the government's ability to navigate future challenges.

The recent government shutdown has led to significant disruptions in air travel, with the FAA cutting flights at 40 major airports. This has created a travel nightmare for countless passengers, resulting in cancellations and delays that have left many stranded. The situation highlights the broader implications of government operations on everyday life, particularly in the travel sector, where timely and efficient service is crucial. As travelers face uncertainty, the need for a resolution to the shutdown becomes increasingly urgent.

The bank has announced that inflation has likely peaked, leading to a decision to keep interest rates unchanged after a closely contested vote. This is significant as it suggests a potential stabilization in the economy, providing some relief to consumers and businesses alike ahead of the upcoming budget. The decision reflects confidence in the current economic trajectory and may influence future financial planning.

Czech policymakers have decided to maintain interest rates for the fourth consecutive meeting, reflecting ongoing uncertainty about the upcoming government's budget plans. This decision is significant as it highlights the challenges the country faces with inflation, which remains a pressing concern for both the economy and citizens. Keeping rates steady suggests a cautious approach as officials navigate the complexities of fiscal policy amidst rising prices.

UK banks are set to benefit as the chancellor has opted not to raise taxes on the sector in the upcoming budget. This decision has led to a rise in bank shares, with NatWest and Lloyds seeing significant gains. By keeping taxes stable, the government aims to ensure that banks remain competitive, which is crucial for fostering economic growth. This move is seen as a positive step for the financial sector and could have broader implications for the UK economy.

Rachel Reeves is contemplating a new pay-per-mile tax for electric vehicle (EV) drivers, which could add an average of £250 to their annual costs. This proposed charge of 3p per mile aims to compensate for the declining revenue from traditional petrol and diesel vehicles as more drivers transition to EVs. This move has sparked concerns among EV owners, who may feel unfairly targeted as they already contribute to road taxes. The announcement is expected during the budget reveal on November 26, making it a significant topic for both the automotive industry and consumers.

As the government shutdown continues, airlines are bracing for significant disruptions, with thousands of flights expected to be canceled. This situation is particularly concerning for travelers, as the list of affected airports will be released soon, leaving many uncertain about their travel plans. The impact of these cancellations could ripple through the travel industry, affecting not just passengers but also businesses reliant on air travel.

The government is reportedly discussing the introduction of a new tax on electric vehicles (EVs), which could impact drivers who have invested in greener transportation. This potential levy raises concerns among EV owners about the financial implications of supporting environmentally friendly choices, especially as the market for electric vehicles continues to grow.