In a speech at Mansion House, Rachel Reeves will address the City, acknowledging that post-2008 banking restrictions were excessive, as she aims to rebuild trust by promising to relax banking regulations. Her proposal to create pension megafunds, hoping to unlock £80bn for UK businesses and infrastructure, is part of her strategy to boost economic growth, a key focus of Labour’s manifesto. Reeves’s Budget, with £70bn in spending increases and £40bn in tax rises, has faced scrutiny over its seriousness about economic growth, prompting her to take steps to address concerns and win back support from the business community.
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Molenbeek service delays impact 1,200 permits and residents
Team Fouad Ahidar (TFA), MR, and Les Engagés criticized Molenbeek's service delays, with acting mayor Amet Gjanaj admitting issues but offering no solutions. The city struggles with 1,200 residence permits and a high volume of emails at the Civil Registry, leading to delays and frustrations. The city faces staff shortages, as seen with the resignation of the city secretary and a cleaners' strike, prompting concerns about the efficiency and transparency of Molenbeek's services. Full Article
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