Gilt rout sparks calls for BoE to slow bond sale programme
Economists urge Bank of England to slow quantitative tightening as gilt yields surge and taxpayer losses mount, with UK an outlier among peers.
Category : Public Policy
UK Voting System Must Evolve for Multiparty Democracy
Local and devolved elections reveal fragmented party allegiances. The first-past-the-post system is ill-suited to multiparty politics, undermining fair representation in parliament.
Are Most Landlords Decent and Fair? Readers Debate
A landlord defends the profession, while readers discuss Brexit, employee entitlement, utility disruptions, and more in MetroTalk letters.
Brockwell Park Festival Challenge Dismissed by High Court
A High Court judge has rejected a resident's bid to challenge planning permission for Brockwell Live festivals, ruling that the events constitute lawful recreation.
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Renters' Rights Act: New Protections for Tenants
The Renters' Rights Act introduces key protections for private tenants in England, including the end of no-fault evictions and fairer rent increase processes.
Australia's $10bn Fuel Plan Draws Environmental Criticism
Australia announces $10.7bn fuel security package to boost diesel and jet fuel reserves to 50 days, but environmentalists argue it misses chance to reduce fossil fuel reliance.
DWP Lists 24 Skin Conditions Eligible for PIP Payment
The DWP has published 24 skin conditions, including eczema and psoriasis, that may qualify for PIP payments of up to £114.60 per week. Check if you're eligible.
UK supermarkets accuse Aldi and Lidl of rigged system
Sainsbury's, Morrisons and Iceland pressure CMA to crack down on Aldi and Lidl's ability to block rival stores via restrictive property clauses.
Wealth Taxes Are a Bad Idea for Britain's Economy
Kristian Niemietz argues that wealth taxes, promoted by Gary Stevenson and Zack Polanski, are misguided. Britain's wealth inequality is stable and taxes are already high. The focus should be on economic growth.
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Europe's Security Cannot Rely on Individual Nations Alone
The withdrawal of US troops from Germany highlights the urgent need for a unified European defence strategy, moving beyond national fragmentation.
Victoria's 2026 Budget: Free Transport, Road Rebates, Debt
Victoria's 2026-27 budget offers free public transport until May, half-price fares, vehicle registration rebates, and school funding, but debt nears $200bn.
UK Borrowing Costs Hit Highest Since 1998
UK 30-year bond yields hit 5.77%, highest since 1998, driven by fuel prices and political uncertainty, eroding Rachel Reeves's fiscal headroom.
NSW Witnesses Refuse Hearings After Court Ruling
Witnesses are refusing to appear before NSW parliamentary inquiries after a court ruling invalidated arrest powers. Critics say the decision undermines public interest investigations.
EU Experts to Armenia to Counter Russian Interference
The EU is deploying a team of experts to Armenia to combat Russian propaganda and cyber-attacks, as leaders prepare for a historic summit in Yerevan.
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Trump Threatens UN Budget Cuts for 'Trade Over Aid'
The Trump administration pressures the UN to adopt trade-focused policies benefiting US firms, threatening further budget cuts. Experts warn of ripple effects as aid programs are slashed.
Trump Admin Proposes Major SNAP Cuts
The Trump administration has proposed significant cuts to the Supplemental Nutrition Assistance Program (SNAP), sparking debate over food security for millions of low-income Americans.
Europe Can Rebuild Rules-Based Global Order, Carney
Mark Carney argues Europe can lead in restoring a rules-based international order, emphasizing cooperation and multilateralism to address global challenges.
Why the Internet Makes Holiday Planning Stressful
Emma Beddington on how endless online recommendations and FOMO turn holiday planning into an overwhelming ordeal, despite the promise of easier travel.
Tories Target £1bn Benefits Loophole in Welfare Crackdown
Conservatives pledge to close a £1bn welfare loophole, capping benefits for households with non-working adults capable of employment, aiming to boost work incentives.
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UK Landline Digital Switchover Sparks Fears Among Users
As the UK phases out copper landlines by 2027, rural dwellers and vulnerable users report power cut risks, backup failures, and call for deadline extension.
Wrexham Used Taxpayer Funds for Pitch Upgrades
Wrexham AFC used taxpayer money for pitch upgrades not mentioned in initial grant documents, raising questions about subsidy control and transparency.
Albanese: Improving Lives Key to Fighting Populism
PM Albanese says universal childcare remains a priority despite budget cuts, as he marks one year since reelection and emphasizes improving voters' lives to counter rightwing populism.
Pensioner Told to Repaint Blue House After One Complaint
An 82-year-old woman in Deal, Kent, has been ordered by Dover District Council to repaint her blue house white after a single complaint, sparking a dispute over conservation area rules.
Democrats Accuse EPA Chief Zeldin of Climate Denial in Budget Hearing
Senate Democrats criticized EPA Administrator Lee Zeldin for proposing a 50% budget cut, accusing him of abandoning the agency's mission and promoting a climate change denier agenda.
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Last-Minute Surge in No-Fault Evictions Before England Ban
Solicitors report a flood of last-minute section 21 eviction notices ahead of the Renters’ Rights Act ban, while Citizens Advice sees a surge in tenant inquiries.
Germany's Climate U-Turn: Wrong Response to Oil Shock
Germany's response to rising fuel prices amid the Iran war is to double down on fossil fuels, reversing climate commitments and sparking criticism.
Major Rental Reforms: 11M Tenants Get New Rights
England's Renters' Rights Act bans no-fault evictions, limits rent hikes, and ends bidding wars, benefiting 11 million private tenants from May 1.
Leasehold Ban Unlikely Before Next Election
Housing minister Matthew Pennycook says a ban on new leasehold properties is complex and may not take effect until after the next general election, defending the government's gradual approach.
OfS's Sussex Humiliation Highlights Deeper Failures
The Office for Students' failed fine against the University of Sussex exposes deeper issues, including slow responses to crises and financial turmoil in higher education.
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Truth About Gas Exports Questioned
New report challenges official claims on gas exports, revealing discrepancies between government data and independent analysis, raising questions about transparency.
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