Healey tells departments to make 1% cuts to fund defence

BBC - Oct 28, 2026

The reduction in public spending will go towards paying for the Defence Investment Plan.

Read full article

MORE NEWS

Oct 28, 2026

How much is the minimum wage going up by?

What are the National Minimum Wage and the National Living Wage, and how much are they worth?

Oct 28, 2026

Who Stands to Gain From an Anthropic I.P.O.

Wall Street banks and chipmakers are among those poised to capitalize on the artificial intelligence giant’s public trading debut.

Oct 28, 2026

A Punishing Housing Market Is Squeezing Renters

Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

Oct 28, 2026

Life Magazine, Chronicler of 20th-Century America, Rises Again

The iconic publication, acclaimed for its visual storytelling, will return as a print quarterly next month in a challenging business environment.

Oct 28, 2026

Jio’s Blockbuster I.P.O. Gives India’s Investors a Lift

Jio Platforms shares surged on their first day of trading, even as questions mount about the telecom firm’s growth prospects and a new generation takes charge.

Oct 28, 2026

U.S. Restricts Trade With Chinese Genomics Company

The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.

Oct 28, 2026

Judge Limits Candace Owens’s Liability in Macron Defamation Case

The French president, Emmanuel Macron, and his wife, Brigitte, sued Candace Owens in 2025 over claims she made about Ms. Macron’s gender. A judge said the court had jurisdiction over her companies but not her.

Oct 28, 2026

AI Is Finding a Flood of Bugs, and Silicon Valley Is Rushing to Fix Them

A.I. has uncovered a horde of software flaws, which engineers are racing to fix before they can be exploited and abused by hackers.

Oct 28, 2026

Biden’s Antitrust Enforcers Are Starting an A.I. Legal Company

Jonathan Kanter and Doha Mekki, who led the Justice Department’s antitrust division under President Biden, have co-founded a start-up that makes an A.I. tool for litigators.

Oct 28, 2026

How to Tax and Spend in a ‘Turbulent Time’? U.K. Tries a Balancing Act.

The new government, led by Andy Burnham, will deliver its first budget on Wednesday, a plan expected to tread between wide ambition and narrow financial limits.