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Home » Breaking » Page 172

Category: Breaking

Local businessman Peter McCormack launches private security patrols to tackle rising crime and anti-social behaviour in Bedford town centre
Breaking

Local businessman Peter McCormack launches private security patrols to tackle rising crime and anti-social behaviour in Bedford town centre

August 2, 2025 Temitope Oke

Bedford should be a picturesque town celebrated for its literary history—but these days, it’s the unsettling scenes around town center that are drawing most attention.

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Princess Elizabeth of Yugoslavia Reveals Her Tumultuous Relationship with Richard Burton and Reflects on Life in Belgrade
Breaking

Princess Elizabeth of Yugoslavia Reveals Her Tumultuous Relationship with Richard Burton and Reflects on Life in Belgrade

August 2, 2025 Temitope Oke

She’s lived in palaces, speaks five languages, and once had tea with King Charles – yet for decades, Princess Elizabeth of Yugoslavia stayed silent about

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Elon Musk’s X slams Online Safety Act over age checks as UK law sparks national uproar about censorship and free speech
Breaking

Elon Musk’s X slams Online Safety Act over age checks as UK law sparks national uproar about censorship and free speech

August 2, 2025 Gift Badewo

As digital platforms continue to tighten their rules under new legislation, a growing number of users, companies, and rights groups are voicing frustration over what

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Donald Trump issues ultimatum and deploys submarines toward Russia amid growing fears of wider conflict in Europe
Breaking

Donald Trump issues ultimatum and deploys submarines toward Russia amid growing fears of wider conflict in Europe

August 2, 2025 Gift Badewo

What started as another verbal exchange between global leaders is quickly spiraling into something far more serious. U.S. President Donald Trump has taken a dramatic

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Naga Munchetty faces serious backlash as BBC launches internal review over bullying complaints on Breakfast show in London newsroom
Breaking

Naga Munchetty faces serious backlash as BBC launches internal review over bullying complaints on Breakfast show in London newsroom

August 2, 2025 Gift Badewo

Behind the polished set of BBC Breakfast, things might not be as calm as they appear. Veteran presenter Naga Munchetty, known for her confident delivery

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SASSA quietly increases income and asset limits for 2025 grants across South Africa while tightening eligibility checks
Breaking

SASSA quietly increases income and asset limits for 2025 grants across South Africa while tightening eligibility checks

August 2, 2025 Temitope Oke

If you’ve been relying on a SASSA grant—or thinking about applying for one—you might want to double-check if you still qualify. That’s because, without much

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Steven Oleksy says Hulk Hogan ignored repeated attempts to reconnect with Brooke and her twins in Florida
Breaking

Steven Oleksy says Hulk Hogan ignored repeated attempts to reconnect with Brooke and her twins in Florida

August 2, 2025 Temitope Oke

In the wake of Hulk Hogan’s passing, what’s grabbing attention isn’t just the legacy he left inside the ring—but the painful family dynamics that played

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Archie Russell steals the spotlight with brilliant solo try in Lions Legends match while Finn watches proudly in Sydney
Breaking

Archie Russell steals the spotlight with brilliant solo try in Lions Legends match while Finn watches proudly in Sydney

August 2, 2025 Temitope Oke

We’ve all had that moment where something just doesn’t feel right — a chill in the room, a sudden creak, an instinct that nags at

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Quentin Tarantino remembers Michael Madsen with powerful tribute and emotional stories at memorial in Los Angeles
Breaking

Quentin Tarantino remembers Michael Madsen with powerful tribute and emotional stories at memorial in Los Angeles

August 2, 2025 Temitope Oke

On a quiet Friday night in Los Angeles, the usually glitzy Vista Theatre was filled with a different kind of energy—grief, love, and remembrance. Director

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Wyoming officials consider renaming Mount Woodring after community uncovers disturbing past of former park superintendent
Breaking

Wyoming officials consider renaming Mount Woodring after community uncovers disturbing past of former park superintendent

August 2, 2025 Temitope Oke

What’s in a name? For one Wyoming mountain, the answer is a lot. A new debate is unfolding over what to call a peak in

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Latest News on TDPel Media

  • Lucas Paqueta considers suing the FA in London after scathing 314 page judgment exposes flawed spot fixing case that wrecked his Manchester City transfer dreams
  • Chancellor Rachel Reeves is facing growing pressure as speculation swirls around her second Budget, which has now been confirmed for November 26. With talk of a potential £50 billion gap in the nation’s finances, she’s working hard to convince both the public and the markets that Britain is not heading into a crisis. Speculation Over Tax Hikes Rumors have been flying about what Reeves might announce this autumn. Ideas being floated include scrapping capital gains tax exemptions on certain property sales, new landlord levies, or even swapping stamp duty for an annual property charge. Treasury insiders have also hinted at possible inheritance tax changes and the usual whispers about “sin taxes.” But Reeves insists much of this is pure guesswork. In a BBC interview, she pushed back against what she called “irresponsible” speculation, dismissing many predictions as “rubbish.” Battling Reports of a Financial Black Hole Adding fuel to the fire, a recent report from the National Institute of Economic and Social Research suggested that Reeves’ slim £9.9 billion “safety buffer” has evaporated, leaving a £41 billion deficit. To restore stability, the think tank warned she would need to find £51 billion each year by 2030—through tax rises or spending cuts. Reeves, however, was quick to counter, saying the institute’s figures had been “wrong more often than most” in recent years. Market Jitters and Rising Debt Costs The Chancellor’s challenge became even more urgent after interest rates on UK government bonds hit levels not seen in nearly three decades. Investors fear Britain will have to borrow more, driving yields on long-term gilts higher and making debt more expensive to manage. Reeves tried to calm nerves by stressing her commitment to fiscal rules and reminding voters that inflation and borrowing costs can only come down if the government keeps a tight lid on spending. A Budget Date That Raises Eyebrows Announcing the Budget for November 26—later than many had expected—Reeves has bought herself more time to prepare. But critics argue the delay only fuels “damaging uncertainty” for businesses. Even within her own party, there are whispers of unease. Former Chancellor Ken Clarke went so far as to suggest Britain could be edging towards the kind of financial crisis that forced Labour to turn to the IMF in the 1970s. Critics Warn of a “Doom Loop” Economists warn that Reeves cannot rely solely on raising taxes to fill the gap. Piling more costs on households and businesses, they argue, risks choking off growth and triggering a cycle where ever-higher taxes are needed to patch the shortfall. As one financial analyst put it, investors are already betting the government will need to issue more debt, creating a “slow-moving vicious cycle.” Reeves’ Reassurances Despite the gloomy forecasts, Reeves insists Britain’s economy is “not broken” but admits it is “not working well enough for working people.” She highlighted her priorities: tackling high bills, supporting growth, and reforming planning rules to unlock housebuilding targets. Trade deals with the US, India, and the EU, alongside reforms to boost productivity, were presented as evidence of progress. “More pounds in your pocket, an NHS there when you need it, opportunity for all,” Reeves said in a video message, framing her mission as one of renewal and fairness. The Bigger Picture While bond market turmoil has been described as a global phenomenon by Bank of England Governor Andrew Bailey, the UK has been hit particularly hard, partly due to stubbornly high inflation. Some predict yields could even climb past 6% before the year ends. This means Reeves’ upcoming Budget could prove one of the toughest in recent memory—balancing the books without derailing growth, all while managing public expectations. What Comes Next Between now and November, Reeves is expected to roll out a series of announcements on boosting productivity and growth. But with the clock ticking and markets watching closely, she faces a delicate balancing act: calm fears, chart a credible fiscal path, and prove that Labour’s economic strategy can weather the storm.
  • Rachel Reeves fights off warnings of a fifty billion pound financial black hole as she prepares her autumn Budget in the United Kingdom
  • Megan Fox and Brian Austin Green’s children join Sharna Burgess in supporting little brother Zane on his first day of school in Los Angeles
  • Eight foot alligator surprises drivers as it wanders onto busy highway in Sugar Land Texas on Labor Day night
  • Amazon ends Prime shipping share program and asks customers in the United States to pay for their own discounted memberships
  • Joanne Froggatt leads the glamour as Downton Abbey stars celebrate the Grand Finale premiere in London’s Leicester Square
  • Angry community members in Verulam CBD catch three men who tricked victims with broken tiles sold as smartphones
  • King Charles meets cancer patients and opens Midland Metropolitan University Hospital in Birmingham with humour and empathy
  • Tottenham leave £30m signing Mathys Tel out of Champions League squad in London despite summer move from Bayern Munich

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