Chancellor Rachel Reeves is set to face significant challenges in the new year as the UK’s economic growth stagnates, with business leaders expressing concerns about declining activity and potential impacts on the Labour party’s agenda.

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

Trump has proposed a new rule that would require NATO countries to increase their defence spending to 5% of GDP, advocating for higher budgets and continued support for Kyiv while suggesting improved trade terms.

The Bank of England has opted to maintain the interest rate at 4.75%, amid concerns about persistent inflation and its impact on economic growth, as Chancellor properties focus on supporting stability despite the challenging forecast.