Observer Front Page 8th of September 2024
The UK’s pandemic response has been criticised as ‘among the worst’ due to health reforms by the Tories, which have reportedly left the National Health Service (NHS) seriously weakened.
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The Financial Times reports that the governor of the Bank of England has conceded there are “very big lessons to learn” after the central bank failed to forecast the persistently high inflation of the last 18 months. Speaking before the House of Commons Treasury Select Committee on Tuesday, Andrew Bailey said the Bank had taken a “conscious decision” to reduce the role of its forecasting model when setting interest rates because the model was not delivering sufficiently accurate results.
Financial Times Front Page 7th of September 2024
Reeves is facing a revolt from Whitehall over cuts, with officials stating that further savings are “not possible” while pressure for tax rises increases ahead of the first Budget.
Financial Times Front Page 6th of September 2024
In an effort to resolve the political deadlock in France, President Macron has named Michel Barnier as the new prime minister, marking a major shift with the appointment of the veteran conservative.
Financial Times Front Page 5th of September 2024
An inquiry has found that official failings and industry deceits, including the prioritisation of deregulation over safety, neglect of warnings about cladding, and manipulation of testing by manufacturers, led to the Grenfell tragedy.