UNITED KINGDOM

Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November This has all left investors '“scratching their heads” and expecting a “death by a thousand cuts” kind of budget, if Reeves hopes to find money to fund key policies including ramped up UK defence commitments, according to XTB’s research director Kathleen Brooks:The u-turn on income tax rises, while better for growth in a service-based economy, does leave markets scratching their heads about how to fund scrapping the two child benefit cap, the ballooning benefits bill and Britain’s defense commitments.Instead, the

Former ACCC chair condemns proposed exemption allowing minister to approve projects that don’t comply with lawGet our breaking news email, free app or daily news podcastThe former competition watchdog chief Graeme Samuel says the government should axe its proposal to allow the environment minister to make decisions in breach of national laws if it is deemed in the “national interest”.Samuel, who led a 2020 review of the Environment Protection and Biodiversity Conservation (EPBC) Act, also argued a loophole that effectively exempts native forest logging from the laws “shouldn’t be there”. Continue reading... Source link : https://www.theguardian.com/environment/2025/nov/14/graeme-samuel-calls-for-labor-to-ditch-national-interest-workaround-for-environment-laws Author : Lisa Cox

Pictures posted on social media showed different sites in flames and residents gathering in rubble-strewn streets outside apartment buildingsRussia unleashed a massive combined attack on Kyiv early Friday, sparking fires and scattering debris across many districts of the capital, mayor Vitali Klitschko said. At least 11 people were injured as emergency crews responded to multiple strikes, he said in a statement.Five people were hospitalised, including one man in critical condition and a pregnant woman, after a series of powerful explosions sounded in the city and air defences were activated. Continue reading... Source link : https://www.theguardian.com/world/2025/nov/14/russia-attack-every-district-kyiv-city-strikes Author : Staff and agencies