Roula Khalaf, Editor of the FT, highlights the damaging gaps in the UK’s jobs data that may have wider implications for the country’s statistics, as a top lawmaker warns of economic policymakers “flying blind” due to failures in data collection. Dame Meg Hillier raises concerns about under-investment in systems, drawing parallels with the Bank of England’s issues, and emphasizes the need for a solution to the data gaps to address challenges such as lacklustre growth and productivity issues.
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Biden plans $8bn arms sale to Israel
In response to the ongoing conflict in Gaza, the Biden administration has provisionally approved an $8 billion weapons sale to Israel, including precision guided missiles and small bombs. Despite concerns about the humanitarian situation in Gaza, the administration continues to support Israel's right to defend itself and deter Iran. This decision follows previous aid deliveries and congressional approval of additional wartime aid for Israel, totaling $26 billion in total support. Full Article
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