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Welfare reform isn't going away at the moment

Gulf Today

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July 04, 2025

In a human sense, it was impossible to watch Rachel Reeves fighting back the tears as she sat, as usual, next to her friend and ally Sir Keir Starmer during Prime Minister's Questions, and not to feel for her. Nonetheless, and with the best will in the world to her personally, there are some legitimate questions that arise from the welfare bill fiasco, in which she has played a key role.

Welfare reform isn't going away at the moment

One of those questions, thrown at Sir Keir by Kemi Badenoch, is whether he will keep his chancellor in place for “many years to come”, as he said he would in January. Sir Keir, for whatever reason, declined to confirm that, which must have dented Ms Reeves's confidence; certainly, it didn't help the markets, which saw borrowing costs rise, gilt yields spike and the pound plunge amid speculation over the chancellor's future.

Of course, Sir Keir should never have made such a remark in the first place, as prime ministers shouldn't limit any of their personnel options, but his reluctance to repeat it at the despatch box was deafening, according to the Independent.

MEER VERHALEN VAN Gulf Today

Gulf Today

Investors like the new-look Japan government

Global money managers are circling back to Japan's stock and debt markets, drawn by the promises of its new reflationist government and a desire to diversify from pricier US and European markets.

time to read

2 mins

October 23, 2025

Gulf Today

N.Korea fires ballistic missiles as Trump readies for Asia trip

North Korea fired what appeared to be multiple short-range ballistic missiles on Wednesday, South Korea's military said, a week before a key Asia-Pacific leaders’ meeting in South Korea.

time to read

2 mins

October 23, 2025

Gulf Today

Sharif’s party announces split from AJK government

The Pakistan Muslim League-Nawaz (PML-N) announced its decision to part ways with the Azad Jammu and Kashmir (AJK) government, saying the party would not support any “unnatural” process of government formation.

time to read

1 mins

October 23, 2025

Gulf Today

Gulf Today

New initiative launched to train 1,000 Emirati entrepreneurs

The initiative includes a development programme, implemented in collaboration with the New Economy Academy and in strategic partnership with the National CSR Fund - Majra

time to read

3 mins

October 23, 2025

Gulf Today

Trump hosts Diwali celebrations, calls India's PM a 'great person'

US President Donald Trump hosted a special Diwali event at the White House, where he termed Prime Minister Narendra Modi “a great person” and said he loves “the people of India.”

time to read

3 mins

October 23, 2025

Gulf Today

Gulf Today

Japan's new PM is preparing large economic stimulus to cut inflation

Japan's new Prime Minister Sanae Takaichi is preparing an economic stimulus package that is likely to exceed last year’s $92 billion to help households tackle inflation, government sources familiar with the plan said on Wednesday.

time to read

3 mins

October 23, 2025

Gulf Today

Gulf Today

UAE's first carbon capture plant opens

RAS AL KHAIMAH: Sheikh Saqr Bin Saud Bin Saqr Al Qasimi, Chairman of RAK Ceramics, on Wednesday inaugurated Gulf Cryo's new facility, the first of its kind in the UAE for carbon capture and utilisation (CCU), dedicated to producing high-purity carbon dioxide.

time to read

1 min

October 23, 2025

Gulf Today

Only wins will silence the Rangers' critics: Rohl

New Rangers boss Danny Rohl said on Tuesday only by winning games can he gain the confidence of supporters underwhelmed by the German's appointment.

time to read

2 mins

October 23, 2025

Gulf Today

MoHAP promotes concept of healthy ageing

The Ministry of Health and Prevention (MoHAP) has organised a series of awareness activities across the UAE with the participation of Ambassadors of Healthy Ageing.

time to read

1 mins

October 23, 2025

Gulf Today

Gulf Today

Vaani Kapoor voices concern over Delhi's poor air quality after Diwali

A day after Diwali celebrations, actress Vaani Kapoor, who is currently in the national capital, has voiced concern over New Delhi's worsening air quality, and hopes next year, there's a way to celebrate “without dimming the air we breathe.”

time to read

2 mins

October 23, 2025

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