Reeves considers breaking manifesto pledge with income tax rise to fill £30bn gap

The Commons is set to inquire about the rent-free housing arrangement for Prince Andrew at Royal Lodge, raising questions about the transparency of such deals. This inquiry is significant as it reflects ongoing scrutiny of royal finances and public accountability, especially in light of recent investments in infrastructure and housing in the UK.

French Prime Minister Sébastien Lecornu has decided to suspend the contentious pension reform to seek greater support from lawmakers. This move is crucial as France faces a tight deadline to pass its budget by the year's end. The suspension reflects the government's strategy to navigate political challenges and ensure fiscal stability, making it a significant moment in French politics.

Chancellor Reeves has hinted that upcoming tax increases in next month's Budget may target wealthy individuals, including lawyers and accountants. This approach aims to address income inequality and ensure that those with greater financial resources contribute more to public services. It's a significant move that could reshape the financial landscape for high earners and spark discussions about fairness in taxation.

UK inflation has surprisingly held steady at 3.8% for the third consecutive month, defying predictions of an increase. This stability is particularly significant as it marks the first slowdown in food price growth since March, providing a glimmer of hope for consumers and the economy. For Chancellor Rachel Reeves, this news is a welcome relief, suggesting that the peak of inflation may have been reached, which could pave the way for earlier interest rate cuts by the Bank of England. This development is crucial as it could ease financial pressures on households and stimulate economic growth.

Rachel Reeves is taking a bold step by criticizing Brexit's impact on the UK economy, particularly targeting leave voters who may have changed their minds and younger voters. This approach comes just before a challenging budget, and while it could be seen as risky given the ongoing divisions over Brexit, analysts believe it could resonate with those feeling the economic strain. By addressing these concerns, Reeves aims to bridge the gap between differing voter sentiments and potentially reshape the political landscape.

Chancellor Rachel Reeves is set to address a significant tax loophole that has allowed overseas retailers like Shein and Temu to import low-value goods into the UK without paying customs duties. This move comes in response to concerns from UK retailers about unfair competition. By closing this loophole in her upcoming budget, Reeves aims to create a more level playing field for local businesses, which is crucial for supporting the UK economy and ensuring fair trade practices.

Recent data shows that inflation rates have risen slower than anticipated in the year leading up to September, bringing a sense of relief to many. This development is significant as it may influence the upcoming Budget, with the chancellor hinting at potential support measures. Understanding how these changes will affect the economy and household finances is crucial, making this a key moment for both policymakers and the public.

The UK is seeing signs of peak inflation, with the rate holding steady at 3.8% for the third consecutive month. This stability could prompt the Bank of England to consider earlier interest rate cuts, which would be a significant shift in monetary policy. Such changes could ease financial pressures on consumers and businesses, making borrowing cheaper and potentially stimulating economic growth. It's a crucial moment for policymakers as they navigate the balance between controlling inflation and supporting the economy.

Recent arrests linked to gambling have revealed a shocking scheme involving the NBA, rigged poker games, and organized crime, with authorities estimating the fraud to be worth tens of millions of dollars. This situation is significant as it highlights the deep-rooted issues of corruption and crime within the gambling industry, raising concerns about the integrity of sports and the safety of players and fans alike.

During a recent visit to the Blue Jays' practice at the Rogers Centre, Carney humorously remarked that Trump is 'afraid' to make a bet on the World Series, highlighting Trump's aversion to losing. This light-hearted comment not only adds a touch of humor to the sports scene but also reflects the intersection of sports and celebrity culture, drawing attention to how public figures engage with sporting events.

EU leaders have postponed their decision on utilizing frozen Russian assets to support Ukraine, which was intended to help fund a significant loan of 140 billion euros. This delay highlights the complexities involved in international financial aid and the ongoing geopolitical tensions surrounding the conflict in Ukraine.

EU leaders have failed to reach an agreement on using frozen Russian assets to support Ukraine's defense against the ongoing war, despite Ukrainian President Volodymyr Zelenskyy's urgent appeal for action. Belgium's opposition to the proposal, which aimed to utilize billions of euros in immobilized Russian central bank funds to finance a €140 billion loan for Ukraine, has stalled progress. This setback highlights the challenges the EU faces in providing timely support to Ukraine, raising concerns about the effectiveness of international efforts to hold Russia accountable.

Recent findings on Heard Island have raised alarms about a highly contagious strain of H5 bird flu potentially infecting elephant seals. This situation underscores the urgent need for Australia to prepare for a possible outbreak of this deadly virus. As officials emphasize the importance of vigilance, the news serves as a reminder of the ongoing threats posed by avian diseases and their impact on wildlife and public health.

RT has creatively envisioned a world where Western leaders are more honest about their actions, using AI-generated lookalikes to illustrate this concept. This thought-provoking approach invites viewers to reflect on the authenticity of political discourse and the importance of transparency in leadership. It matters because it challenges the status quo and encourages a dialogue about accountability in governance.