Rachel Reeves defended her economic plan, rejecting claims of a crisis originating from Downing Street and emphasizing the need for further economic growth. While committing to fiscal rules, she hinted at potential future spending cuts or tax increases to comply with rising borrowing costs. Reeves attributed the rise in bond yields to international factors, dismissing suggestions that the government’s decisions were solely responsible, as calls for her dismissal grow amid economic turbulence.
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Tulip Siddiq ‘unaware of origins’ of flat amid Bangladesh questions, probe says, as Labour minister quits: Live
Keir Starmer has vowed to collaborate with Elon Musk on AI growth following the billionaire's criticism of the government. Tulip Siddiq has resigned as Treasury minister amid a Bangladesh anti-corruption probe, with no evidence of improprieties found. The Independent is reporting on the situation, with Reeves denying economic turmoil as a crisis made in Downing Street and Mauritius rushing to sign a Chagos deal before Trump's inauguration. Full Article
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