Blow to Treasury as long-term borrowing costs highest this century

Trump Defends Elon Musk with a Smile: ‘He’s Not Shy!’ | Elon Musk’s Press Moment Incoming?

President Donald Trump defended Elon Musk amid Democratic backlash over his access to Treasury payment systems. During a press conference with Japan’s PM Ishiba, Trump dismissed concerns, calling Musk "not shy" and praising his efforts in uncovering government fraud. Treasury Secretary Scott Bessent backed Musk, calling him the "greatest entrepreneur." Meanwhile, Democrats accuse Musk of having undue influence after reports surfaced that DOGE found payments linked to fraudulent groups. The controversy intensifies as Musk’s role in Trump’s administration grows. #Trump #ElonMusk #DOGE #Treasury #Fraud #Corruption #GOP #Democrats #Biden #GovernmentSpending #USAID #BreakingNews #Politics #TreasuryDepartment #MuskInvestigation #TrumpMusk #GovernmentEfficiency #Washington #Finance #Scandal ~HT.318~ED.102~GR.121~

Starmer defends former Treasury minister at PMQs

Sir Keir Starmer has defended Tulip Siddiq after the former Treasury minister resigned from government over an anti-corruption investigation into her wider family in Bangladesh. The prime minister told Kemi Badenoch in PMQs, "the former minister fully cooperated" with independent advisors looking into the matter. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Stride: Govt shouldn't pop champagne over inflation dip

The shadow chancellor says the Treasury "should not be popping champagne corks" over the unexpected dip in inflation to 2.5% in December. Mel Stride adds the government has "killed growth stone dead" after inheriting an economy that was "much better than they make out". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn