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Several front pages focus on the chaos in the UK financial markets. The Daily Telegraph reports the chancellor has vowed to publish a “credible” plan in November to reduce debt and steady the markets, which have been in turmoil since his mini-budget last week. In an article in the paper, Kwasi Kwarteng makes a “commitment” to bring government spending under control – and doubles down on his tax-cutting plans, arguing they may not be popular but “we had no other choice”.

Daily Telegraph Front Page 5th of December 2025

David Lammy has suggested the UK consider joining a customs union, arguing it would boost growth and cut red tape. The PM has ruled it out, insisting current arrangements can deliver. The comments reveal a policy split and are likely to prompt renewed pressure from business.

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Daily Telegraph Front Page 4th of December 2025

Ministers plan nationwide live facial recognition, letting police match CCTV to the passport photo database. They say it will speed suspect identification; critics warn of privacy risks, false matches and mission creep. Statutory oversight and safeguards are promised.

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Daily Telegraph Front Page 3rd of December 2025

The Treasury’s permanent secretary has been drawn into a dispute over the Chancellor’s claims about the state of the public finances and the OBR’s advice. A released letter suggests her remarks misled the public, prompting fresh questions over how the fiscal outlook was presented.

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Daily Telegraph Front Page 2nd of December 2025

Rachel Reeves is under pressure after OBR chair Richard Hughes was pushed out just before he was due to give Budget evidence to MPs. Critics accuse the Treasury of silencing scrutiny after an internal row; ministers deny interference. MPs from across parties want full transparency and his testimony.

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