UK Treasury tells ministers not to expect bailouts from its reserve fund

French President Emmanuel Macron is set to nominate a new prime minister within the next 48 hours, following the announcement from outgoing Prime Minister Sébastien Lecornu. This change comes as MPs emphasize the urgent need to pass a budget by the year's end, highlighting the government's focus on fiscal responsibility and stability. The new appointment could influence France's political landscape and its approach to upcoming economic challenges.

France is facing a significant political deadlock after its coalition government collapsed just 48 hours ago. Caretaker Prime Minister Sebastien Lecornu is now in a race against time to negotiate a budget deal before the year's end, which is crucial to prevent rising public borrowing costs. This situation highlights the challenges of political compromise in a fragmented government, and its resolution is vital for France's economic stability.

Outgoing French Prime Minister Sébastien Lecornu has expressed optimism about avoiding snap elections, stating that a majority of MPs are keen to reach a budget agreement for 2026. This is significant as it indicates a willingness among political factions to collaborate, potentially stabilizing the government and allowing President Emmanuel Macron to appoint a new premier swiftly. Such cooperation could help restore confidence in France's political landscape, which has faced challenges recently.

Caretaker French Prime Minister Sebastien Lecornu is feeling hopeful about reaching a budget deal, which could potentially avert a snap election. His remarks come as he wraps up discussions with various political parties and prepares to brief President Emmanuel Macron on possible solutions to navigate France's significant political crisis. This optimism is crucial as it may stabilize the political landscape and foster cooperation among parties.

The political landscape in France is currently tense as outgoing Prime Minister Sébastien Lecornu navigates a crisis. He is advocating for a budget agreement that could stabilize the government, emphasizing the importance of support from various factions to avoid dissolving the National Assembly. This situation is crucial as it could determine the future of governance in France and the effectiveness of the current administration.

UK house price growth has slowed significantly, with the average home price dropping by £794 to £298,184 in September. This follows a modest 1.3% annual increase, marking the weakest growth since April 2024. The cautious approach from buyers ahead of the upcoming budget reflects broader economic uncertainties, making it a critical moment for the housing market.

France's new prime minister has announced his cabinet following a recent budget fiasco, marking a significant shift in the government's approach to fiscal management. This change is crucial as it reflects the administration's response to economic challenges and aims to restore public confidence in governance. The new cabinet is expected to tackle pressing issues and implement reforms that could impact the country's financial stability.

In a significant development, President Trump has announced that Israel and Hamas have reached an agreement on the initial steps of his proposed peace plan for Gaza. This breakthrough is crucial as it could pave the way for a more stable and peaceful region, highlighting the importance of diplomatic efforts in resolving long-standing conflicts.

The recent roundtable at the White House has sparked controversy as conservative influencers were given a platform to voice their grievances, particularly regarding alleged assaults by left-wing protesters. This event highlights the ongoing tensions between political factions in the U.S. and raises questions about the role of government in facilitating such discussions. It matters because it reflects the deepening divide in American politics and the impact of social media on public discourse.

The new series 'Celebrity Traitors' is making waves with a star-studded cast including Stephen Fry, Celia Imrie, and Alan Carr. This exciting show brings together celebrities to navigate secrets and challenges, promising viewers a blend of entertainment and intrigue. Its strong start indicates a potential hit, captivating audiences with the charm and wit of its participants.

In the latest updates from Australian politics, Ley has expressed her openness to a 'contest of ideas' amidst ongoing infighting within the Liberal party. Meanwhile, Ayres has defended a significant $600 million bailout for Glencore's copper smelter, citing challenges in the global market and unfair trade practices affecting the industry. These developments are crucial as they highlight the internal dynamics of political parties and the government's response to economic pressures, which could impact future policies and public sentiment.

President Donald Trump announced that a ceasefire deal for Gaza is 'very close' and hinted at a possible visit to Egypt this weekend. This development comes as US envoys engage in intensified negotiations in Sharm el-Sheikh to finalize a truce and a plan for hostage release. The potential for peace in the region is significant, as it could lead to a reduction in violence and improve humanitarian conditions for those affected.

In a significant development, US Secretary of State Marco Rubio was photographed handing President Trump a note indicating that a ceasefire deal in Gaza is 'very close.' This moment highlights the ongoing diplomatic efforts to resolve the conflict, which has seen devastating impacts on civilians. The potential for a ceasefire is crucial not only for the immediate relief of those affected but also for the broader stability in the region, making this news particularly important.