Senior banking executives are bracing for higher taxes, expecting the sector to be targeted in the Chancellor's forthcoming Budget statement. Discussions reveal a consensus among financial leaders that their industry will be 'on the menu' for revenue generation.
The government has committed to implementing social media restrictions for children under 16, following repeated pressure from the House of Lords. While an outright ban is being considered, ministers will impose some form of age or functionality restrictions, according to Education Secretary Bridget Phillipson and junior minister Olivia Bailey. The Children's Wellbeing and Schools Bill, which grants ministers powers to introduce these measures, is set for final consideration after MPs supported government amendments.
Labour MP Steve Witherden faces allegations of appropriating a proposal to send unused Welsh ventilators to Ukraine, instead advocating for their donation to Cuba. Retired policeman Steve Eccleshall claims Witherden plagiarised his request to Wrexham Maelor Hospital.
Hungary's Prime Minister-elect, Péter Magyar, has announced that billions of Euros in previously frozen EU funds are expected to be released soon, following what he described as "extremely constructive" talks with European Commission President Ursula von der Leyen in Brussels. Magyar's Tisza party recently secured a landslide victory on 12 April, ending Viktor Orbán's 16-year rule and his Fidesz government's contentious relationship with the EU over rule-of-law and corruption concerns. The incoming government plans to expedite reforms to meet EU conditions and address the country's minimal economic growth.
