Economy shock overshadows Reeves’ big day

Shorouk Express Sky News’ Sam Coates and Politico’s Anne McElvoy serve up their essential guide to the day in British politics. Rachel Reeves has said this morning that the latest figures showing the UK economy has shrunk by more than expected are “disappointing”. How much will this overshadow yesterday’s major spending announcement? The chancellor has…

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Merz’s coalition agrees on policy program aimed at boosting Germany’s economy

Shorouk Express The package contains no unexpected measures but brings back 62 highlights from the coalition agreement — which the government wants to have on track before the mid-July parliamentary summer break.  This was the first coalition committee meeting between Friedrich Merz’s Christian Democratic Union party and Vice-Chancellor Lars Klingbeil’s Social Democrats, and lasted just a…

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