Tories to pledge further cuts to foreign aid - as Stride to vow to 'stand up for fiscal responsibility'

Sky NewsSunday, October 5, 2025 at 11:01:00 PM
Tories to pledge further cuts to foreign aid - as Stride to vow to 'stand up for fiscal responsibility'
The Tories are set to announce additional cuts to the foreign aid budget, aiming to restore their image of fiscal responsibility following the controversial Truss mini-budget. This move raises concerns about the impact on international aid and the party's commitment to global responsibilities, highlighting a significant shift in priorities that could affect vulnerable populations.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Macron loyalist picked to fix budget mess in new French government
PositiveFinancial Markets
In a strategic move, President Macron has appointed a loyalist to tackle the ongoing budget challenges in the French government. This decision is significant as it reflects Macron's commitment to fiscal responsibility and reform, aiming to stabilize the economy and regain public trust. The new appointee is expected to bring fresh perspectives and effective solutions to the pressing financial issues, which could ultimately enhance the government's credibility and effectiveness.
Macron loyalist picked to fix budget mess in new French government
PositiveFinancial Markets
In a strategic move, President Macron has appointed a loyalist to tackle the ongoing budget challenges in the French government. This decision is significant as it reflects Macron's commitment to fiscal responsibility and reform, aiming to stabilize the economy and regain public trust. The new appointee is expected to bring fresh perspectives and effective solutions to the pressing financial issues, which could ultimately enhance the government's credibility and effectiveness.
French premier names Macron loyalist as finance minister in bid to pass budget
PositiveFinancial Markets
French Prime Minister has appointed Roland Lescure, a loyalist of President Emmanuel Macron, as the new finance minister. This strategic move aims to strengthen the government's position in passing the upcoming budget. Lescure, who has been part of the centrist En Marche movement since 2017, brings valuable experience to the role, which is crucial for navigating the complexities of fiscal policy and ensuring economic stability.
French premier names Macron loyalist as finance minister in bid to pass budget
PositiveFinancial Markets
French Prime Minister has appointed Roland Lescure, a loyalist of President Emmanuel Macron, as the new finance minister. This strategic move aims to strengthen the government's position in passing the upcoming budget. Lescure, who has been part of the centrist En Marche movement since 2017, brings valuable experience to the role, which is crucial for navigating the complexities of fiscal policy and ensuring economic stability.
Universal's $1.1 Billion ‘Fast & Furious’ Decision
NeutralFinancial Markets
Universal Pictures is taking a firm stance on the budget for the final Fast & Furious movie, stating that it will only proceed if costs are reduced to $200 million. This decision comes after the studio invested a staggering $1.1 billion in the last three films of the franchise. This move highlights the financial pressures in Hollywood and the need for studios to manage budgets more effectively, especially for blockbuster franchises.
Universal's $1.1 Billion ‘Fast & Furious’ Decision
NeutralFinancial Markets
Universal Pictures is taking a firm stance on the budget for the final Fast & Furious movie, stating that it will only proceed if costs are reduced to $200 million. This decision comes after the studio invested a staggering $1.1 billion in the last three films of the franchise. This move highlights the financial pressures in Hollywood and the need for studios to manage budgets more effectively, especially for blockbuster franchises.
Factbox-The longest US government shutdowns
NeutralFinancial Markets
The article provides an overview of the longest government shutdowns in U.S. history, detailing their duration and impact on federal operations. Understanding these shutdowns is crucial as they highlight the political tensions surrounding budget negotiations and their effects on federal employees and services. This context is important for citizens to grasp how government functions and the implications of political stalemates.
Factbox-The longest US government shutdowns
NeutralFinancial Markets
The article provides an overview of the longest government shutdowns in U.S. history, detailing their duration and impact on federal operations. Understanding these shutdowns is crucial as they highlight the political tensions surrounding budget negotiations and their effects on federal employees and services. This context is important for citizens to grasp how government functions and the implications of political stalemates.
Fast & Furious & Way Less Expensive. A Star Film Franchise Gets a Reality Check.
NegativeFinancial Markets
The iconic Fast & Furious film franchise is facing a significant challenge as Universal Pictures plans to slash its budget by $140 million due to declining box office performance. This move highlights the broader struggles of long-running film series in today's competitive market, raising questions about the future of beloved franchises and their ability to adapt to changing audience preferences.
Fast & Furious & Way Less Expensive. A Star Film Franchise Gets a Reality Check.
NegativeFinancial Markets
The iconic Fast & Furious film franchise is facing a significant challenge as Universal Pictures plans to slash its budget by $140 million due to declining box office performance. This move highlights the broader struggles of long-running film series in today's competitive market, raising questions about the future of beloved franchises and their ability to adapt to changing audience preferences.
Russia's oil and gas budget revenue drops 24% in September
NegativeFinancial Markets
In September, Russia experienced a significant 24% drop in its oil and gas budget revenue, highlighting the ongoing challenges faced by the country's energy sector. This decline is crucial as it reflects the impact of global market fluctuations and sanctions, which could further strain Russia's economy and its ability to fund public services. Understanding these shifts is essential for grasping the broader implications for both Russia and the international energy market.
Russia's oil and gas budget revenue drops 24% in September
NegativeFinancial Markets
In September, Russia experienced a significant 24% drop in its oil and gas budget revenue, highlighting the ongoing challenges faced by the country's energy sector. This decline is crucial as it reflects the impact of global market fluctuations and sanctions, which could further strain Russia's economy and its ability to fund public services. Understanding these shifts is essential for grasping the broader implications for both Russia and the international energy market.
Latest from Financial Markets
Japanese stocks soar and yen weakens after Takaichi wins ruling party race
PositiveFinancial Markets
Japanese stocks have surged following Takaichi's victory in the ruling party race, signaling potential increases in fiscal spending. This development is significant as it may lead to sustained pressure on the central bank to maintain low interest rates, which could further stimulate economic growth and investor confidence.
Boeing set to ramp up 737 Max output as early as October- Bloomberg
PositiveFinancial Markets
Boeing is gearing up to increase production of its 737 Max aircraft as soon as October, signaling a positive shift in the aviation industry. This ramp-up is significant as it reflects growing demand for air travel and the company's recovery from previous setbacks. With airlines looking to expand their fleets, this move could lead to job creation and economic growth, making it an important development for both Boeing and the broader market.
US judge bars Trump from deploying any National Guard troops in Oregon
NegativeFinancial Markets
A US judge has ruled that former President Donald Trump cannot deploy National Guard troops in Oregon, a decision that raises significant concerns about the balance of power between state and federal authorities. This ruling is crucial as it underscores the legal limitations on presidential powers, especially in times of crisis, and highlights ongoing tensions regarding federal intervention in state matters.
Tesla teases Tuesday event as focus shifts to affordable EVs
PositiveFinancial Markets
Tesla is generating excitement ahead of its upcoming event on Tuesday, where the spotlight will be on affordable electric vehicles (EVs). This shift in focus is significant as it aligns with the growing demand for more accessible EV options, potentially expanding the market and making sustainable transportation available to a broader audience. As Tesla continues to innovate, this event could mark a pivotal moment in the automotive industry, showcasing how the company plans to make electric vehicles more attainable for everyday consumers.
Thai inflation negative for six straight months as full year forecast lowers
NegativeFinancial Markets
Thailand's inflation has been on a downward trend for six consecutive months, prompting a revision of the full-year economic forecast. This decline in inflation is significant as it reflects the challenges the Thai economy is facing, including rising costs and consumer spending concerns. Understanding these trends is crucial for policymakers and businesses as they navigate the economic landscape.
China's Chip Ambitions: Self-Reliance vs Foreign Tech
NeutralFinancial Markets
A recent analysis of Huawei's advanced chips reveals China's ongoing dependence on foreign technology, even as the country strives for self-sufficiency in AI semiconductor production. Mario Morales from IDC emphasizes that China's chipmaking potential should not be overlooked, suggesting a complex landscape for the future of technology in the region. This discussion highlights the challenges and opportunities within China's tech ambitions, making it a crucial topic for industry watchers.