“In the standard textbook model that Reeves would have learned at Oxford and the London School of Economics in the late 1990s, business investment is a reward for governments that behave nicely. Investors want low tax rates, flexible markets and, above all, stability. Any hint of an increase in borrowing and they will spook, worrying that government debt will spiral out of control. In this kind of model, even austerity can be expansionary, as it demonstrates to the business community that the fiscal authorities are really committed, even at the expense of electoral pain.”
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What are the 3 main political parties in UK?
Conservatives, Labour and Liberal Democrats.
What political type is the UK?
The United Kingdom is a Constitutional Monarchy in which the reigning monarch (that is, the king or queen who is the head of state at any given time) does not make any open political decisions. All political decisions are taken by the government and Parliament.
Who runs England?
The Prime Minister is the leader of Her Majesty’s Government and is ultimately responsible for all policy and decisions. The Prime Minister also: oversees the operation of the Civil Service and government agencies.
Is the UK a two party system?
The two party system in the United Kingdom allows for other parties to exist, although the main two parties tend to dominate politics; in this arrangement, other parties are not excluded and can win seats in Parliament.
“Labour will never have a better chance to make big, ambitious changes. Rather than playing up the gloom, the government could be telling a positive story about the benefits a pro-growth agenda will bring – as they have with planning reforms. Just as building more houses spreads ownership, jobs and opportunities, boosting public sector productivity would result in a leaner, more effective state that better serves British interests. Instead, we are getting a warm-up for a much more predictable second act: Tax rises are coming, look behind you!”
“While Reeves may have been shocked by the detail of the public finances, and her outrage at Tory mismanagement wholly justified, her performance was largely planned in advance. The broad fiscal picture was known before the election. This was all part of a political strategy to temper public expectations, affix blame to the Conservatives and instil patience in her own MPs. It is also likely that the tax rises she implied were unnecessary during the election, but will announce in October, have long been known to her.”
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Friday’s front pages have a real mix of international and domestic stories, from Boris Johnson’s memoir to the latest in the Middle East.
Several papers lead on Chancellor Rachel Reeves and speculation regarding her upcoming October Budget.
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“Light at the end of this tunnel” – Tuesday’s front pages continue their coverage of the Labour Party conference taking place this week, the first party conference in power in more than 15 years.
Some newspapers cover Rachel Reeves’s speech yesterday, as the chancellor promised no return to austerity and laid out a more optimistic view of the UK economy. Many newspapers look ahead to the speech by PM Sir Keir Starmer, who will speak at the conference in Liverpool today.
Elsewhere, there is coverage of the ongoing crisis in the Middle East with many of the front pages featuring images of Israeli airstrikes on Lebanon. Many papers fret the region is on the brink of an all-out war.
Beyond the main stories, there is a light sprinkling of other domestic news, the latest from the Premier League dominates the back pages.
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“No More Austerity!” – Monday’s newspaper front pages are heavily dominated by the chancellor’s party conference speech later today. Rachel Reeves will lay out the plans to get Britain’s economy back on track with a speech that is set to offer a positive version of the future after dire warnings about the economy since they came to power.
The Labour Party conference is taking place in Liverpool and marks the first annual conference in government for 15 years.
Beyond politics, there is continued coverage of the allegations about former Harrods owner Mohammed Al-Fayed.
Man City’s thrilling 2-2 draw against Arsenal on Sunday makes several of the front pages – the story dominates the back pages and other sports papers.
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Wednesday’s front pages are heavily dominated by international news, with the latest from the Middle East featured as many of the leads. At least 9 people have died, and around 3000 people injured after pages belonging to Hezbollah members exploded across the country. Hezbollah blames Israel for the attack and says they will enact revenge.
Several front pages lead on domestic stories, with the backlash to the sentencing of Huw Edwards a popular topic. The former BBC presenter was handed a suspended sentence despite being found guilty of child sex images.
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Huw Edwards sentencing dominates Tuesday’s newspapers. The front pages react to the former BBC presenter being handed a suspended sentence, meaning he won’t spend a minute in jail. Edwards was given a six-month prison sentence suspended for two years after he admitted charges of making indecent images of children.
Unsurprisingly, the papers react with anger as more details of his crimes emerge. Some of the papers ponder whether Edwards was given a lenient sentence due to his fame.
Elsewhere, there’s a dash of US political news on several papers as America continues to deal with the aftermath of a second assassination attempt on former president Donald Trump.
Victoria Starmer, the prime minister’s wife, is splashed on several front pages amid the ongoing backlash over “wardrobe-gate”. The Prime Minister and his wife, Victoria, are embroiled in a row after he allegedly broke rules by failing to declare donations on time.
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