World PulseNow
Newsletter

Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip

The Guardian•Saturday, October 11, 2025 at 6:00:17 AM
NegativeFinancial Markets
Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip
Rachel Reeves and the Labour Party are facing challenges as they navigate the Office for Budget Responsibility's (OBR) gloomy economic projections. Initially supportive of the OBR's influential role, Labour is now scrambling to find ways to mitigate the impact of these forecasts on their budget plans. This situation is significant as it highlights the tension between government fiscal strategies and independent economic assessments, which could affect public confidence and economic stability in the UK.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
French PM urges end to 'ridiculous spectacle' as budget deadline looms
Investing.com15 hours ago
French PM urges end to 'ridiculous spectacle' as budget deadline looms
NegativeFinancial Markets
French Prime Minister has called for an end to what he describes as a 'ridiculous spectacle' as the deadline for the national budget approaches. This statement highlights the urgency and seriousness of the budget discussions, which are crucial for the country's economic stability. With the government facing pressure from various factions within parliament, the Prime Minister's remarks aim to refocus efforts on reaching a consensus that will benefit the economy and avoid potential financial turmoil.
Read full article
via Investing.com
Revealed: Labour-run council using legal loophole to serve families with no-fault evictions
The Guardian20 hours ago
Revealed: Labour-run council using legal loophole to serve families with no-fault evictions
NegativeFinancial Markets
A Labour-run council in London is facing criticism for exploiting a legal loophole to issue no-fault evictions to numerous families, contradicting Keir Starmer's commitment to abolish this practice. This situation raises significant concerns about housing security and the integrity of political promises, especially as the council's actions seem to undermine the party's pledge to protect vulnerable tenants ahead of the upcoming elections.
Read full article
via The Guardian
Revealed: Labour-run council using legal loophole to serve families with no-fault evictions
The Guardian20 hours ago
Revealed: Labour-run council using legal loophole to serve families with no-fault evictions
NegativeFinancial Markets
A Labour-run council in London is facing criticism for exploiting a legal loophole to issue no-fault evictions to numerous families, contradicting Keir Starmer's commitment to abolish this practice. This situation raises significant concerns about housing security and the integrity of political promises, especially as the council's actions seem to undermine the party's pledge to protect vulnerable tenants ahead of the upcoming elections.
Read full article
via The Guardian
Rachel Reeves Looks to Boost Fiscal Buffer at Crunch UK Budget
Bloomberga day ago
Rachel Reeves Looks to Boost Fiscal Buffer at Crunch UK Budget
PositiveFinancial Markets
Chancellor of the Exchequer Rachel Reeves is taking proactive steps to enhance the UK's fiscal buffer in the upcoming budget. This move aims to reduce borrowing costs and strengthen the government's financial stability against market fluctuations. It's an important initiative that could lead to a more resilient economy, benefiting citizens and businesses alike.
Read full article
via Bloomberg
Rachel Reeves Looks to Boost Fiscal Buffer at Crunch UK Budget
Bloomberga day ago
Rachel Reeves Looks to Boost Fiscal Buffer at Crunch UK Budget
PositiveFinancial Markets
Chancellor of the Exchequer Rachel Reeves is taking proactive steps to enhance the UK's fiscal buffer in the upcoming budget. This move aims to reduce borrowing costs and strengthen the government's financial stability against market fluctuations. It's an important initiative that could lead to a more resilient economy, benefiting citizens and businesses alike.
Read full article
via Bloomberg
Legal & General plots swoop for NatWest pensions arm Cushon
Sky Newsa day ago
Legal & General plots swoop for NatWest pensions arm Cushon
PositiveFinancial Markets
Legal & General is making a strategic move to acquire Cushon, a workplace pensions provider owned by NatWest Group. This acquisition is significant as it reflects L&G's ambition to expand its presence in the UK retirement market, which is crucial for meeting the growing demand for retirement solutions. By enhancing its offerings, L&G aims to better serve customers and strengthen its position in a competitive landscape.
Read full article
via Sky News
Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market
The Guardiana day ago
Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market
NeutralFinancial Markets
Chancellor Rachel Reeves is working to create additional financial flexibility in the UK budget to protect the economy from potential instability in the bond market. This move is crucial as it aims to prevent damaging speculation regarding the country's adherence to fiscal rules, which could have significant implications for economic stability and investor confidence.
Read full article
via The Guardian
Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market
The Guardiana day ago
Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market
NeutralFinancial Markets
Chancellor Rachel Reeves is working to create additional financial flexibility in the UK budget to protect the economy from potential instability in the bond market. This move is crucial as it aims to prevent damaging speculation regarding the country's adherence to fiscal rules, which could have significant implications for economic stability and investor confidence.
Read full article
via The Guardian
Macron reappoints Sébastien Lecornu as French prime minister
Financial Timesa day ago
Macron reappoints Sébastien Lecornu as French prime minister
PositiveFinancial Markets
French President Emmanuel Macron has reappointed Sébastien Lecornu as Prime Minister, signaling a commitment to advance the government's agenda, particularly in finalizing the budget for 2026. This decision is significant as it reflects Macron's confidence in Lecornu's leadership during a crucial period for the country's financial planning.
Read full article
via Financial Times
Explainer-Why French PM faces immediate budget challenge
Investing.coma day ago
Explainer-Why French PM faces immediate budget challenge
NeutralFinancial Markets
The French Prime Minister is currently facing a significant budget challenge as the government prepares for upcoming financial decisions. This situation is crucial as it could impact the country's economic stability and public services. The Prime Minister's ability to navigate this challenge will be closely watched, as it may influence future policies and the government's overall approval ratings.
Read full article
via Investing.com
Richard Tice accepted stay at French Riviera home of Tory donor
The Guardian2 days ago
Richard Tice accepted stay at French Riviera home of Tory donor
NegativeFinancial Markets
Richard Tice, the deputy leader of Reform UK, recently accepted a £1,400 stay at the French Riviera home of Conservative donor Lubov Chernukhin. This trip, which included accommodation and meals, raises questions about the influence of political donations on policy discussions, particularly regarding gas power in the UK. Such connections can lead to concerns about transparency and the integrity of political processes, making this a significant issue in the current political landscape.
Read full article
via The Guardian
EU’s New Border Rules Explained: What UK Travellers Need to Know
Finance Monthly2 days ago
EU’s New Border Rules Explained: What UK Travellers Need to Know
NeutralFinancial Markets
The EU has introduced new border rules that UK travellers need to be aware of, particularly regarding the Entry/Exit System. These changes aim to streamline border control processes and enhance security. Understanding these regulations is crucial for UK citizens planning to travel to the EU, as it will affect how they present their documents and the time spent at border checks. Staying informed will help ensure a smoother travel experience.
Read full article
via Finance Monthly
Latest from Financial Markets
Amy Poehler Brings A Retro Flair To ‘SNL’ With Tina Fey And Seth Meyers
Forbesan hour ago
Amy Poehler Brings A Retro Flair To ‘SNL’ With Tina Fey And Seth Meyers
PositiveFinancial Markets
Amy Poehler brought a nostalgic vibe to Saturday Night Live as she hosted a special episode celebrating the show's 50th birthday, featuring musical guest Role Model. This event is significant as it not only marks a milestone for SNL but also showcases the enduring legacy of its beloved alumni like Poehler, Fey, and Meyers, reminding fans of the show's rich history and its impact on comedy.
Read full article
via Forbes
Qantas says customer data released by cyber criminals months after cyber breach
Investing.coman hour ago
Qantas says customer data released by cyber criminals months after cyber breach
NegativeFinancial Markets
Qantas has revealed that customer data was released by cyber criminals months after a significant cyber breach. This incident raises serious concerns about the security of personal information and the effectiveness of the airline's data protection measures. It highlights the ongoing threat of cyber attacks in the aviation industry and the need for stronger safeguards to protect customer privacy.
Read full article
via Investing.com
Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
Investing.com2 hours ago
Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
NeutralFinancial Markets
Warner Bros has reportedly turned down a takeover approach from Paramount, according to Bloomberg News. This decision is significant as it highlights Warner Bros' commitment to maintaining its independence in a rapidly consolidating media landscape. The move reflects the ongoing competition among major studios and the strategic choices they must make to navigate the evolving entertainment industry.
Read full article
via Investing.com
‘£850 to skip the queue’: how scammers are exploiting driving test delays
The Guardian2 hours ago
‘£850 to skip the queue’: how scammers are exploiting driving test delays
NegativeFinancial Markets
Scammers are taking advantage of the ongoing delays in driving tests by offering to help frustrated drivers skip the queue and obtain licenses without taking exams. These fraudsters are charging hundreds of pounds for what they claim are legitimate licenses, often misleading victims into risking their personal information and even facing legal consequences. This situation highlights the urgent need for awareness and caution among those seeking to obtain their driving licenses.
Read full article
via The Guardian
Xi’s Roar Back to US Export Curbs Exposes Rocky Path to Deal
Bloomberg2 hours ago
Xi’s Roar Back to US Export Curbs Exposes Rocky Path to Deal
NegativeFinancial Markets
Chinese President Xi Jinping's strong reaction to Donald Trump's breach of their delicate trade agreement has escalated tensions between the two nations, highlighting the challenges ahead for a potential US-China trade deal. This situation is significant as it not only affects the economies of both countries but also has global implications for trade stability.
Read full article
via Bloomberg
Trump names Dan Scavino to lead White House personnel office
Investing.com3 hours ago
Trump names Dan Scavino to lead White House personnel office
PositiveFinancial Markets
Former President Donald Trump has appointed Dan Scavino to lead the White House personnel office, a move that signals his intent to strengthen his administration's staffing strategy. Scavino, a long-time aide and social media strategist, is expected to play a crucial role in shaping the team that will support Trump's policies and initiatives. This appointment is significant as it reflects Trump's focus on building a loyal and effective team as he navigates the complexities of governance.
Read full article
via Investing.com