Author: News Desk

Italy on verge of new government Italy’s far-right leader Giorgia Meloni and her coalition allies held talks on forming a government on Friday with President Sergio Mattarella. If all agree, a Meloni-led coalition could come to power this weekend, a month after the elections. Ex-PM Silvio Berlusconi is set to join the talks, despite the chaos caused by his leaked pro-Putin remarks. Ms Meloni has vowed to play a key part in Nato. “Italy with us in government will never be the weak link in the West,” she said, in an attempt to calm concerns about her future foreign policy.

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  The EU is grappling with high energy prices driving inflation and raising the prospect of recession across the continent, a situation aggravated by Russia slashing gas flows as it continues its war on Ukraine. ​The EU is grappling with high energy prices driving inflation and raising the prospect of recession across the continent, a situation aggravated by Russia slashing gas flows as it continues its war on Ukraine. 

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Liz Truss resigns: one week to find her replacement After 44 days in the job, prime minister Liz Truss has quit becoming the UK’s shortest-serving PM in history. She said she was stepping down from the role because she cannot deliver the mandate on which she was elected. But who will replace her? Rishi Sunak or Penny Mordaunt Anyone hoping to get the top job will need the backing of 100 MPs by Monday, with her successor set to be announced by Friday at the latest. New Chancellor Jeremy Hunt has ruled himself out – and it’s expected, whoever is elected…

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Statement comes as September borrowing jumped and debt interest payments hit record high Jeremy Hunt said he would do “whatever necessary” to bring down national debt as the latest official figures showed government borrowing jumped in September and debt interest payments hit a record high. The chancellor said getting the public finances on a stable footing was essential, as government borrowing hit £20bn in September, £2.2bn more than last September, and £3bn more than economists expected. Continue reading… ​Statement comes as September borrowing jumped and debt interest payments hit record highJeremy Hunt said he would do “whatever necessary” to bring…

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