Housing minister mum on development fee cuts despite Liberal campaign vow

Sébastien Lecornu has officially taken office as the French Prime Minister, stepping into a challenging role as his government faces urgent pressure to produce a budget amidst rising political turmoil. This situation is causing concern among businesses and investors, potentially impacting France's reputation. Lecornu's ability to navigate these challenges and seek compromises will be crucial to avoid a no-confidence vote in the National Assembly, making this a pivotal moment for his administration.

The Institute for Fiscal Studies has issued a warning to UK Chancellor Rachel Reeves, advising her against a rushed approach to revenue generation in the upcoming budget. They argue that a hasty strategy could lead to significant economic damage, emphasizing the need to address longstanding inefficiencies and unfairness in the tax system. This matters because the decisions made in the budget could have lasting impacts on the UK economy and public services, making it crucial for Reeves to consider a more thoughtful approach.

France's President Emmanuel Macron has introduced a new government led by Prime Minister Sebastien Lecornu, which is tasked with presenting the draft budget for 2026 by Monday. This development is significant as it comes at a crucial time for the French government, highlighting the ongoing efforts to manage the country's financial planning and economic stability.

French Prime Minister Sebastien Lecornu has announced a new government following a meeting with President Emmanuel Macron, as the country faces a pressing budget deadline and ongoing political unrest. This reshuffle includes both familiar figures and new faces, but the stability of this team remains uncertain. The situation is significant as it highlights the challenges Lecornu must navigate to restore confidence and address the financial needs of France.

Lucy Powell, a leading candidate for Labour's deputy leadership, urges the party not to dismiss the upcoming May local elections as a lost cause. She believes that the upcoming budget could be a pivotal moment to regain voter interest and support. Meanwhile, her rival Bridget Phillipson is focusing on incorporating grassroots opinions into the party's strategy. This is significant as it highlights Labour's efforts to reconnect with voters and potentially turn the tide in future elections.

French Prime Minister Sebastien Lecornu is under pressure to finalize his government cabinet by the upcoming budget deadline on Monday. This situation is complicated by internal divisions within the conservative Les Republicains party regarding their willingness to accept ministerial roles. The outcome of this cabinet formation is crucial as it will impact the government's ability to implement its budget and policies effectively.

Rumors about a potential U-turn on inheritance tax have sparked frustration within the farming community, who feel that any changes may come too late to address their concerns. With the budget still weeks away, the anticipation of policy shifts highlights the ongoing struggles faced by farmers, making it clear that timely support is crucial for their future.

In a significant gesture, the Russian ambassador has handed over declassified Soviet files regarding the JFK assassination to US Congresswoman Anna Paulina Luna. This move not only sheds light on historical events but also symbolizes a potential thaw in US-Russia relations, as both nations engage in dialogue about their shared past. The release of these files could provide new insights into one of America's most enduring mysteries, making it a noteworthy development in both political and historical contexts.

In Australia, the AEC has been alerted to incidents of harassment related to the upcoming 2025 election, raising concerns about the safety and integrity of the electoral process. Additionally, a power outage in Victoria has disrupted the triple-zero emergency dispatch system, forcing operators to revert to using pen and paper. These issues highlight significant challenges in maintaining essential services and ensuring a fair election, which are crucial for public trust and safety.

In a heartfelt ceremony, President Trump posthumously awarded Charlie Kirk the Presidential Medal of Freedom, honoring his contributions and calling him a martyr. This event, attended by Kirk's widow Erika, highlights the ongoing political narrative as Trump also discussed his ambitions for the 2024 election. The recognition of Kirk's legacy is significant as it reflects the values and beliefs that resonate with Trump's base, potentially energizing supporters ahead of the upcoming election.

The US Senate has once again rejected a Republican plan aimed at ending the ongoing government shutdown, with the latest vote resulting in a 49-45 tally. This marks the eighth failed attempt to reach an agreement, leaving Congress in a state of deadlock as the shutdown continues into its second week. The inability to pass legislation not only affects federal operations but also impacts millions of Americans who rely on government services. As the stalemate persists, the urgency for a resolution grows, highlighting the challenges within the current political landscape.

In a poignant ceremony at the White House, Donald Trump awarded the Presidential Medal of Freedom posthumously to Charlie Kirk, a far-right commentator who was tragically assassinated. The award was presented to Kirk's widow, Erika, on what would have been his 32nd birthday, highlighting the impact he had on his supporters and the political landscape. This recognition not only honors Kirk's legacy but also underscores the ongoing discussions around freedom of speech and political discourse in America.

This week, President Trump received a hero's welcome in Israel, celebrating his role in securing the release of hostages held by Hamas. This visit not only highlights his diplomatic efforts but also raises questions about his previous bid for the Nobel Peace Prize. The warm reception in Israel may serve to bolster his image and influence, especially as he navigates the complexities of international relations.