
Financial Times Front Page 23rd of May 2025
US lawmakers have narrowly approved Trump’s flagship tax legislation after protracted negotiations, with the measure set to drive the national debt towards $3.3 trillion.
US lawmakers have narrowly approved Trump’s flagship tax legislation after protracted negotiations, with the measure set to drive the national debt towards $3.3 trillion.
Amid mounting pressure from MPs and recent polling setbacks, Starmer has reversed his stance on winter fuel payments, signalling a significant shift in response to growing concerns over cost-of-living support.
The EU’s proposed measure aims to introduce a fee on low-cost Chinese imports, targeting retailers such as Temu and Shein, as part of broader efforts to address concerns over competition and product standards.
At a showpiece summit, the UK and the EU orchestrated a post-Brexit reset of trade ties, introducing concessions on fisheries and addressing youth mobility as they aim to strengthen cooperation.