Shadow Chancellor Rachel Reeves said the party’s plans would be funded through an extension of the windfall tax on oil and gas producers, bringing in £2.2 billion a year, along with £2.6 billion per year in additional borrowing. Labour hope the stripped back spending plan will blunt Conservative attacks over its economic policy. Prime Minister … Read more
Demands and priorities Britain is providing the executive an extra £3.3 billion to start patching holes in services and pay long-delayed wage hikes that just triggered the biggest public sector strike in Northern Ireland’s history. The trouble is, the head of Northern Ireland’s civil service, Jayne Brady, has already told the new leaders that these eye-watering sums are still … Read more
Back in London, Donaldson’s early hours statement was viewed with a touch of caution. One U.K. official, granted anonymity to discuss internal government thinking, said: “This is obviously good news, but this is only one step and there are about 10 things that could still go wrong. Put it this way, we were expecting a … Read more
Press play to listen to this article Voiced by artificial intelligence. While the U.S. and U.K. carried out airstrikes against Houthi targets in Yemen on Thursday — in a bid to deter attacks on ships in the Red Sea — it remains to be seen whether there will be a meaningful EU involvement in the growing conflict. So … Read more
It’s been a busy year in EU policy land as lawmakers, leaders and officials raced to tie up loose ends before the European Parliament election next June, with some efforts more successful than others. The EU’s green ambitions became the center of a right-wing backlash as the real-life impact of proposed reforms started to bite. … Read more
Anchal Vohra is an international affairs commentator and was based in Beirut until recently. The India-Middle East-Europe Corridor (IMEC) was launched on the sidelines of the G20 summit in New Delhi amid much fanfare. A key pillar of United States President Joe Biden’s Indo-Pacific and Middle East strategies, the American leader hailed the project as … Read more
The Ukrainian military on Tuesday said it blew up the Russian landing vessel Novocherkassk stationed in the occupied Crimean port of Feodosia. Russian authorities later confirmed that the warship had been severely damaged, and that one person was killed, two wounded and six people evacuated from their homes, Sergey Aksyonov, the head of the regional … Read more
Jamie Dettmer is opinion editor at POLITICO Europe. It was February 1991, and the crew of the British frigate HMS Gloucester was scrambling, trying to knock out an Iraqi Silkworm missile heading toward the USS Missouri — a World War II-era battleship recommissioned by former United States President Ronald Reagan. The extreme jolt from the … Read more
Chinese President Xi Jinping will chair a meeting of officials from the Shanghai, Jiangsu, Zhejiang and Anhui provinces, urging them to make concerted efforts to reinforce the development of the Yangtze River Economic Belt, one of his signature projects, sources familiar with the matter told the Post. The meeting, to be held on Wednesday or … Read more
