Reeves plots budget boost to entrepreneur tax incentives

The UK economy experienced a modest growth of 0.1% in August, bouncing back from a slight contraction in July. This growth is significant as it comes just ahead of a key Budget announcement, suggesting a potential stabilization in economic conditions. It highlights the resilience of the economy and may influence future fiscal policies.

The UK economy experienced a modest growth of 0.1% in August, bouncing back from a slight contraction in July. This growth is significant as it comes just ahead of a key Budget announcement, suggesting a potential stabilization in economic conditions. It highlights the resilience of the economy and may influence future fiscal policies.

The Institute for Fiscal Studies has urged Chancellor Reeves to adopt a bold approach in the upcoming budget, highlighting a significant £22 billion shortfall that needs to be addressed. This call to action is crucial as it emphasizes the potential consequences of inaction, which could lead to future tax increases. The outcome of this budget could have lasting implications for the economy and public services, making it a pivotal moment for fiscal policy.

The Institute for Fiscal Studies has urged Chancellor Reeves to adopt a bold approach in the upcoming budget, highlighting a significant £22 billion shortfall that needs to be addressed. This call to action is crucial as it emphasizes the potential consequences of inaction, which could lead to future tax increases. The outcome of this budget could have lasting implications for the economy and public services, making it a pivotal moment for fiscal policy.

Rachel Reeves is in Washington for the IMF meetings, where she is setting the stage for a challenging budget announcement next month. Her comments are aimed at preparing the public for potential tax increases, which is crucial as the government navigates economic pressures. This proactive approach is important for transparency and managing public expectations.

Rachel Reeves is in Washington for the IMF meetings, where she is setting the stage for a challenging budget announcement next month. Her comments are aimed at preparing the public for potential tax increases, which is crucial as the government navigates economic pressures. This proactive approach is important for transparency and managing public expectations.

The recent closure of the £9.6 million project to rebuild an entrance to the House of Lords has raised eyebrows, as it not only exceeded its budget but also took an astonishing 100 weeks longer than planned. This situation highlights ongoing concerns about financial management and efficiency within Parliament, prompting discussions about accountability and the need for better oversight in future projects.

The recent closure of the £9.6 million project to rebuild an entrance to the House of Lords has raised eyebrows, as it not only exceeded its budget but also took an astonishing 100 weeks longer than planned. This situation highlights ongoing concerns about financial management and efficiency within Parliament, prompting discussions about accountability and the need for better oversight in future projects.

French Prime Minister Sébastien Lecornu has decided to suspend the contentious pension reform to gain support from MPs as he faces two no-confidence votes in Parliament. This move is crucial as it could determine the government's stability and ability to pass a budget by year-end. The situation is tense, and the outcome of the votes will significantly impact France's political landscape and economic planning.

French Prime Minister Sébastien Lecornu has decided to suspend the contentious pension reform to gain support from MPs as he faces two no-confidence votes in Parliament. This move is crucial as it could determine the government's stability and ability to pass a budget by year-end. The situation is tense, and the outcome of the votes will significantly impact France's political landscape and economic planning.

French Prime Minister Sebastien Lecornu has temporarily suspended the contentious 2023 pension reform amid a budget crisis, aiming to stabilize his government. This suspension raises questions about how to finance it, as Lecornu pushes for further cost-cutting measures. The outcome will hinge on discussions in the French parliament, with lawmakers facing a deadline of December 31 to finalize a new budget. This situation is significant as it reflects the ongoing challenges in managing public finances and the political landscape in France.

French Prime Minister Sebastien Lecornu has temporarily suspended the contentious 2023 pension reform amid a budget crisis, aiming to stabilize his government. This suspension raises questions about how to finance it, as Lecornu pushes for further cost-cutting measures. The outcome will hinge on discussions in the French parliament, with lawmakers facing a deadline of December 31 to finalize a new budget. This situation is significant as it reflects the ongoing challenges in managing public finances and the political landscape in France.

Nestlé has announced a significant reduction in its workforce, planning to cut 16,000 jobs, which represents nearly 6% of its global employees. This move, driven by the new chief executive's focus on boosting sales growth, will predominantly affect white-collar positions. The decision is crucial as it reflects the company's strategy to streamline operations and adapt to changing market conditions, but it also raises concerns about the impact on employees and the broader economy.

The Gramophone Classical Music Awards 2025 celebrated outstanding achievements in classical music, with Sir Simon Rattle making history as the first musician to win Artist of the Year twice, a testament to his remarkable contributions since 1993. Raphaël Pichon's interpretation of Bach took home the top prize, while Sir Thomas Allen received a lifetime achievement award and Spanish violinist María Dueñas was recognized with two awards. This event not only honors individual talent but also highlights the vibrant classical music scene, inspiring future generations.

Russian Foreign Minister Sergey Lavrov has stated that it would be 'unthinkable' for Russia to collaborate with the United States in pressuring China. This declaration highlights the growing rift in international relations and suggests that Russia is firmly aligning itself with China, which could have significant implications for global geopolitics and security dynamics. As tensions rise between the US and China, Russia's stance may further complicate diplomatic efforts and influence the balance of power in the region.

The French parliament is gearing up for no-confidence votes as Prime Minister Sébastien Lecornu navigates a tight situation following his decision to delay pension reforms. This move, seen as a strategic compromise, may help him avoid immediate political fallout, but it raises questions about the future of Emmanuel Macron's ambitious pension overhaul. The outcome of these votes could significantly impact the government's stability and its ability to implement key policies, making it a critical moment in French politics.

Thousands of individuals in the UK are taking legal action against Johnson & Johnson, alleging that the company knowingly sold talcum powder contaminated with asbestos, which they claim has led to serious health issues like ovarian cancer and mesothelioma. This case, involving around 3,000 claimants, highlights significant concerns about consumer safety and corporate responsibility, as the plaintiffs seek justice and damages in the high court of London.

In Peru, a tragic clash during anti-crime protests in Lima has resulted in one death and over 100 injuries, highlighting the ongoing unrest following the impeachment of former president Dina Boluarte. Interim president Jose Jeri's efforts to stabilize the situation have not quelled the youth-led demonstrations that have persisted for weeks. This situation is significant as it reflects the deep-seated frustrations among the populace and raises concerns about the government's ability to maintain order and address the underlying issues driving these protests.