Reeves optimistic despite surprise rise in UK borrowing
UK borrowing hit £17.8B in Dec, exceeding forecasts. Despite this, the Chancellor is optimistic, prioritizing growth & backing infrastructure projects like airport expansion.
UK borrowing hit £17.8B in Dec, exceeding forecasts. Despite this, the Chancellor is optimistic, prioritizing growth & backing infrastructure projects like airport expansion.
Pensioners lost Winter Fuel Payment due to means test. Sandra now uses credit. Age UK calls up 60%. Cold weather worsens hardship. Some lack insulation.
EU's Sefcovic suggests UK consider pan-European tariff zone (PEM) to improve trade. Vet agreement, fisheries, and youth exchanges also discussed.
Gold surged to 11-week high amid Trump trade policy & weak dollar. UAE gold prices also rose. Fed rate decisions & inflation are key factors.
Apple tops brand value at $574.5B, followed by Microsoft. Tech leads, but Chinese brands also surge. Overall brand value up 10%, while economy flat.
WEF 2025: "Cooperation in a Fractured World" theme. Leaders discuss global challenges, tech transition, need for unity, and sustainable growth. Focus on partnerships.
