Poll projects major political earthquake across Britain with Labour losing Wales and England’s Red Wall
Rachel Reeves, the chancellor, is in Washington where later she will be meeting the US Treasury secretary, Scott Bessent. Yesterday he defended the war against Iran, saying “small bit of economic pain” was worth the long-term security benefits. He told the BBC:
I wonder what the hit to global GDP would be if a nuclear weapon hit London... I am saying that I am less concerned about short-term forecasts, for long-term security.
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