Author: staff

The Reform duo also urged the Bank to stop the active selling of the gilts it bought during the QE period, something that several analysts and investors have argued is putting unnecessary upward pressure on the government’s borrowing costs. Tice told POLITICO on Thursday that stopping gilt sales alone could have taken around £1.5 billion off the government’s bill for debt interest this year. The Bank argues that the taxpayer wouldn’t end up paying any less in the long run, though. Reform is now seeking a full parliamentary debate on ‘quantitative tightening’, or QT, when MPs return from their recess,…

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But Tusk had a different take on Trump’s apparent U-turn. Reading between the lines, the U.S. president was seemingly backing away from his pledge to end the conflict, the Polish leader warned Thursday. “President Trump has stated that Ukraine could, with the support of the European Union, regain all of its territory. This surprising optimism conceals a promise of reduced U.S. involvement and a shift of responsibility for ending the war to Europe,” Tusk wrote on social media. “Truth is better than illusion.” Trump has previously threatened to walk away from negotiations between Ukraine and Russia, and has admitted the…

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“The External Action Service of the EU Parliament approved the findings and told us that these people are in fact directly connected to the RSF,” German independent MEP Lukas Sieper said.  Despite the cancellation of the event in the European Parliament, Dogus arranged for it to take place at an alternate venue in Brussels, one person involved told POLITICO. Dogus said the event was rearranged at short notice in the absence of any evidence of the pair’s RSF connection. Dogus is a Labour councillor for the London borough of Lambeth and is well-known in London political circles as the organizer…

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US President Donald Trump held talks with Turkey’s President Recep Tayyip Erdoğan at the White House on Thursday and signalled that Washington might soon lift its hold on sales of advanced fighter jets to Ankara. During Trump’s first term, the US removed Turkey from its flagship F-35 fighter jet programme after Turkey, a NATO ally, purchased an air defence system from Russia. US officials worried that Turkey’s use of the S-400 surface-to-air missile system could be used to gather data on the capabilities of the F-35 and that the information could end up in Russian hands. Trump started his two-hour meeting…

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The fight over Brosius-Gersdorf came after questionable allegations of plagiarism surfaced against her and amid what many viewed as a smear campaign aimed at discrediting the legal expert over her views on abortion. Brosius-Gersdorf withdrew her candidacy last month, writing in an open letter that she wanted to prevent “the coalition dispute over the selection of judges from escalating and setting in motion a development whose effects on democracy are unforeseeable.” The conflict over Brosius-Gersdorf underscored not only emerging divides inside the coalition, but its relative fragility given the government’s weak parliamentary majority and the rise of radical parties. The popularity…

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Pressed on the president’s comments, Starmer admitted this was an area where they do not agree. “As you saw from the state visit last week, there’s lots that the president and I agree on. And we work together on,” he told ITV London. “There’s a few things we disagree about. This is one of them. “The idea of the introduction of Sharia law is nonsense. And Sadiq Khan is a very good man and actually driving down serious crime.” Starmer also called Trump’s comments “ridiculous.” Asked whether he would challenge Trump on his remarks, the PM said: “We have a…

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One of the three people suggested the ID scheme would be universal. A fourth person, however, suggested that it was more likely to be targeted at people in work. A fifth person said it would be mandatory for showing the right to work in the U.K. Alongside existing systems, such as eVisas, the new scheme would function as an extra layer to stop unscrupulous employers finding loopholes in the system, a sixth person said. The scheme will initially be consulted on and will likely need legislation, according to The Times. French President Emmanuel Macron has repeatedly warned that the lack…

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The reply makes clear there is a discrepancy. While the chancellor presented the measure as a targeted restriction, the result so far has been a broader freeze, suggesting that ministries are erring on the side of caution and holding back approvals. Thoden, a member of The Left group, raised the issue in a formal parliamentary question, asking what permits had been granted since Merz’s pledge and how Berlin would enforce the restriction. His request asked the government to provide a full breakdown of permits by date, quantity and weapon type.  Germany has long counted itself among Israel’s key defense partners…

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Published on 25/09/2025 – 15:26 GMT+2 British bank HSBC said on Thursday that it had tested the use of quantum computing in the European corporate bond market, marking a world-first breakthrough. Working with a team from IBM, HSBC found that the new technology brought a 34% improvement in predicting how likely a bond would trade at a given price. If the technology is adopted, this could help banks and investment firms price bonds and other assets more accurately. “This is a ground-breaking world-first in bond trading,” Philip Intallura, HSBC group head of Quantum Technologies, said in a statement. “It means…

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