The case for reforming welfare should come naturally to Britain’s prime minister. But he fell back on the weak, contingent case that his hands are forced by the public finances—only then to destroy his credibility by backing down https://t.co/nlVRWch7uQ ...

Lizzy, how weakened is the UK Prime Minister now. Well, Tom Keir Starmer faced an ugly choice, didn't he, before this vote. On the one hand, he could have lost a key vote, as you say, and it's not one that he should have struggled to pass.Theoretically, given he's got this huge, historic 165 MP majority. His other choice, though, was to make a U-turn. And it was on this bill, this welfare reform bill, and particularly the contentious part was restricting benefit payments to some disabled people from next ye ...

Keir Starmer backtracked on most of his welfare reforms in a bid to avoid a damaging rebellion that threatened to inflict a first defeat on the UK prime minister https://t.co/AvpCyFC4lX ...

China Musings | Asia Pacific 3 New Shifts, 1 Sticky Theme We address three changes that have taken place since our mid- year outlook (trade talks, trade-ins, and the trickle of reform), and one that hasn't: why deflation remains the core macro constant. June 12, 2025 08:24 AM GMT • Allocated trade-in funding is used up in some regions: According to official disclosures, the central government has allocated and distributed two batches of trade-in funds. Rmb81bn on January 6, and another Rmb81bn in late April ...

May 6, 2025 08:03 AM GMT Investor Presentation | Asia Pacific M Foundation What's Next for Tariffs and Stimulus? Morgan Stanley Asia Limited+ Robin Xing Chief China Economist Robin.Xing@morganstanley.com +852 2848-6511 For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report. M China's Growth to Slow to 4.2% in 2025 amid Tariff Shock Growth to soften meaningfully in Q2-Q3 Deflation pressure will remain persistent 3.5 4.0 4.5 5.0 5.5 6.0 6. ...