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Jenni Reid in political news

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Joe Biden - Donald Trump - Jenni Reid - Ferguson - Trump is no threat to U.S. democracy, according to historian Niall Ferguson - cnbc.com - Usa - Italy

Trump is no threat to U.S. democracy, according to historian Niall Ferguson

Claims that former U.S. President Donald Trump is a threat to the country's democracy have been weakened by the legacy of his first term, historian Niall Ferguson said Friday. "I think this whole argument that Donald Trump was going to end democracy and establish some kind of American fascism was blown up because of the way his first term went. Remember, all these things were said in 2016, that Trump would be a tyrant," Ferguson told CNBC's Steve Sedgwick at the Ambrosetti Forum, an annual econom

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Keir Starmer - Jenni Reid - U.K.Prime - UK PM Starmer warns of 'painful' October budget to tackle shortfall in public finances - cnbc.com - Britain

UK PM Starmer warns of 'painful' October budget to tackle shortfall in public finances

LONDON — U.K. Prime Minister Keir Starmer on Tuesday told the nation that the upcoming October budget would be "painful," as he paves the way for spending cuts to address what the government says is a £22 billion ($29 billion) financing shortfall. "We have no other choice given the situation that we're in," Starmer said in a speech in the gardens of 10 Downing Street, the prime minister's residence. "Those with the broadest shoulders should bear the heavier burden, that's why we're cracking down on non-doms," he added, referring to U.K. residents whose domicile is outside of the country for tax purposes. "Those who made the mess should have to do their bit to cl

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Gabriel Attal - Emmanuel Macron - Jenni Reid - France's 'Olympic truce' ends, returning political tensions to the fore - cnbc.com - France

France's 'Olympic truce' ends, returning political tensions to the fore

Time is running out on the so-called "Olympic political truce" declared by French President Emmanuel Macron in late July, pushing the country's rocky political landscape back into focus. The snap legislative election called by Macron for early July — just before Paris hosted the world's biggest sporting event — resulted in a hung parliament, with no party or alliance securing a majority. The left-wing New Popular Front alliance won the highest number of seats and prevented a much-discussed victory for the far-right National Rally. For the past few weeks, however, the nation has been largely united by sporting

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Jenni Reid - Bill - Charles Iii III (Iii) - UK's Labour vows planning reform and clean energy transition as King's Speech reveals key policies - cnbc.com - Britain - Scotland

UK's Labour vows planning reform and clean energy transition as King's Speech reveals key policies

LONDON — The U.K.'s new Labour government on Wednesday outlined a raft of proposed legislation, including the nationalization of rail operators and the creation of a publicly-owned clean power company. In a speech delivered by King Charles III on behalf of the administration, the government said it is "committed to a clean energy transition that will lower bills for consumers over time," adding that it would establish Great British Energy, headquartered in Scotland, to help accelerate investment in renewable energy such as offshore wind. The speech listed a broad range of proposals, many of which have already been announced. Labour said it would reform pla

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Donald Trump - Keir Starmer - Nigel Farage - Jenni Reid - Brexit figurehead Nigel Farage to run in UK election after U-turn - cnbc.com - Britain - Eu

Brexit figurehead Nigel Farage to run in UK election after U-turn

LONDON — British politician and media personality Nigel Farage, best known for leading the Brexit campaign, announced Monday he would run in the U.K.'s general election next month.

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Jenni Reid - More than 100 business leaders including Wikipedia's Jimmy Wales sign open letter backing Britain's center-left opposition - cnbc.com - Britain

More than 100 business leaders including Wikipedia's Jimmy Wales sign open letter backing Britain's center-left opposition

LONDON — More than 100 business leaders on Tuesday voiced their support for the U.K.'s center-left opposition Labour Party, nearly five weeks before the country heads to the polls. The group, which includes Wikipedia founder Jimmy Wales and former vice-chairman of JP Morgan Cazenove Charles Harman, said in an open letter to The Times newspaper: "We, as leaders and investors in British business, believe it is time for a change." The writers of the letter claim that the U.K. economy has suffered from a decade of stagnation amid a lack of both political stability and a long-term, consistent economic strategy. The country has been "denied the skills and infrastructure it needs to flourish," the letter says. The Labour Party has "shown it has changed and wa

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Rishi Sunak - Jenni Reid - U.K.Prime - Shock summer election in Britain predicted to deliver 'historic' result - cnbc.com - Britain

Shock summer election in Britain predicted to deliver 'historic' result

U.K. Prime Minister Rishi Sunak ended months of speculation this week by announcing a national election on July 4, as forecasts suggest his right-wing Conservative Party is likely to be ousted after 14 years in power. News of the vote came as a surprise to the public, the media and much of Sunak's own party. It had been expected to take place in the fall, ahead of a deadline of Jan. 28, 2025, giving the Conservatives more time to turn around weak poll ratings in which they have lagged the center-left Labour Party for more than two years. Speaking while getting drenched by rain in a press conference outside 1

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Jenni Reid - Scottish First Minister Humza Yousaf resigns after ending power-sharing agreement - cnbc.com - state Indiana - Scotland - county Green

Scottish First Minister Humza Yousaf resigns after ending power-sharing agreement

Scottish First Minister Humza Yousaf resigned on Monday after the collapse of his power-sharing agreement with the country's Green Party. Scottish National Party (SNP) leader Yousaf was facing a vote of no confidence that he was not expected to survive, after he broke off the agreement with the Green Party last week. "In ending the Bute House agreement in the manner I did, I clearly underestimated the level of hurt and upset I caused Green colleagues. For a minority government to be able to govern effectively and efficiently, trust in working with the opposition is clearly fundamental," he said in a press conference

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