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German Chancellor MERZ said no EU member state can afford the current EU budget proposal.

2026-10-15

German Chancellor MERZ said no EU member state can afford the current EU budget proposal.

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2026-10-15

ONS data showed UK GDP rose 0.1% month-on-month in August, vs economists' median forecast for a 0.1% contraction and after July's 0.4% gain. Three-month growth to August (Jun–Aug) was 0.7%, above the prior three months' 0.5%. The FT estimates Chancel

ONS data showed UK GDP rose 0.1% month-on-month in August, vs economists' median forecast for a 0.1% contraction and after July's 0.4% gain. Three-month growth to August (Jun–Aug) was 0.7%, above the prior three months' 0.5%. The FT estimates Chancellor John Healey's usable fiscal headroom under government rules may have narrowed to about £12 bln, down from the OBR's March estimate of £23.6 bln. The tighter fiscal buffer could force tax increases and spending cuts to maintain gilt investor confidence and finance cost-of-living measures ahead of the budget.
2026-10-15

UK Chancellor John Healey said AI poses challenges to security, trust and confidence, but also offers significant economic potential.

UK Chancellor John Healey said AI poses challenges to security, trust and confidence, but also offers significant economic potential.
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