Rachel Reeves is facing economic challenges with the pound falling, fears of rising borrowing costs and tax hikes, and a report suggesting a potential 20% increase in food prices. The Chartered Institute of Procurement and Supply predicts import costs could rise by 5-20% due to Brexit-related supply chain issues, leading to a cost of living inflation crisis. Reeves is under pressure to cancel a trip to China as the UK economy faces market turmoil following indicators linked to her October Budget, with Labour blaming her for the economic crisis.
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UK bans Kremlin-linked elites in bid to pile pressure on Putin
Britain will ban Russian elites with ties to Putin's regime, citing them as a threat to national security and tools for Russian aggression. The crackdown will target those who support Putin or benefit from the Russian state, with the goal of increasing pressure on Putin amid the war in Ukraine. The ban is part of a broader strategy including sanctions and military aid to tighten the screws on Russia and protect Britain's national security. Full...
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