The Vicious Circle welcomed guests to a captivating exhibition last night, commemorating Holocaust Memorial Day with a powerful display. Dive into thought-provoking stories and developments today:
- Reeves on Borrowing: UK government borrowing spikes in December, surpassing expectations at £17.8bn, marking the third highest December borrowing on record as reported by ONS.
- Ray Dalio’s Warning: Bridgewater Associates founder cautions UK on potential “debt death spiral” with escalating borrowing to cover mounting interest costs.
- Tax Authority Criticism: UK tax agency’s House of Commons inquiry unveils effort to undermine telephone services in favor of online assistance, risking customer service quality.
- Digital Innovation: A new digital wallet launches in the UK enabling smartphone storage of driving licenses and veteran ID cards, aligning with Keir Starmer’s push for modernization and growth.
- Diplomatic Discourse: David Miliband vies for UK ambassador to the US, with Donald Trump’s camp suggesting constraints on his activities if Peter Mandelson is chosen by Starmer.
Stay informed with these recommended newsletters:
- White House Watch: Uncover the implications of Trump’s potential second term on Washington, business, and global affairs.
- FT Opinion: Gain perspectives and analyses from esteemed commentators.
Reflecting on these newsworthy updates, it’s vital to stay engaged with evolving narratives to navigate the shifting landscapes of politics and policy effectively.
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