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The Latest Breaking News from G7

Trump maintains pressure on UK and other European allies over Greenland

Donald Trump posted a series of messages on his Truth Social network underlining his desire to take control of Greenland.

Evening Standard

Reeves claims UK economy will ‘turn corner’ in 2026 with growth only behind US and Canada in G7

But the UK is expected to lag behind global growth which is projected at 3.3 per cent in 2026 and 3.2 per cent in 2027

The Independent UK

Australia is betting on a new ‘strategic reserve’ to loosen China’s grip on critical minerals

The federal government has unveiled new details of its plan to create a A$1.2 billion critical mineral reserve.

The Conversation

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Australia unveils stockpile plan for critical minerals

A $1.2 billion investment in critical minerals will be spruiked by Australia when finance ministers from major economies convene in the US capital.

AAP

France just rescheduled the G7 summit to avoid clashing with Donald Trump’s 80th birthday plans – it’s not what you’d expect

That’s the priority these days.

We Got This Covered

France changes its G7 schedule because Trump is busy with White House UFC fight on his birthday: report

Trump has announced plans to host a UFC fight at the White House on his 80th birthday

The Independent UK

France Delays G7: Why Trump's White House UFC Event Forces a Global Reset

France postpones the 2026 G7 summit to avoid a clash with Donald Trump's birthday UFC event at the White House, altering international diplomatic schedules.

International Business Times UK

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France taps out as G7 summit moved to avoid clash with White House UFC event

France has delayed the G7 summit by a day to avoid a clash with a UFC fight card planned at the White House on Donald Trump’s 80th birthday

The Guardian - US

The Week Ahead (Jan. 12-18): Canada Prime Minister Mark Carney Visits China

South Korea’s president travels to Japan, G7 finance chiefs eyeball rare earth limits

Caixin Global

Deaths set to outnumber births in the UK in 2026 ‘in new era’ that could lead to higher taxes

With birth rates falling, think tank Resolution Foundation said the UK will need to rely on immigration for population growth

The Independent UK

Press Association’s chief political photographer shares favourite images of 2025

Press Association chief political photographer Stefan Rousseau’s pictures showcase both the unexpected and accidental moments of British politics.

Evening Standard

Worst investment levels in the G7 ‘should ring alarm bells in Downing Street’

Chancellor Rachel Reeves accused of driving down business confidence with ‘broken commitments’

The Independent UK

Five charts that explain the global economic outlook for 2026

Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year ahead

The Guardian - UK

In Pictures: Trump, tears and taxes feature in the best political images of 2025

The Press Association’s photographers captured some extraordinary moments in UK politics throughout the year.

Evening Standard

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The Independent UK

G7 calls for Jimmy Lai’s immediate release as pressure mounts on China

Joint statement expresses concern from the likes of US, UK, Japan and Germany at ‘deteriorating rights, freedoms and autonomy in Hong Kong’

The Independent UK

New index reveals Reeves’ Budget has downgraded the value of a British passport

The fall is the biggest of any of the G7 countries with the UK overtaken by a string of European counterparts including Bulgaria, Greece, Romania, Czech Republic, Italy and Hungary

International Business Times UK

Minister Promises AI Will Save You Money—After £12.7B NHS IT Disaster and Track & Trace Fiasco

UK commits to AI adoption for SMEs at G7, but 51% of business leaders lack expertise and a £10B NHS IT programme failed. Government track record raises doubts.

Evening Standard

Taxpayer left with hefty bill from high UK borrowing costs – report

The IPPR said the ‘premium’ added to UK borrowing is finally easing back as financial markets have backed the Chancellor’s plans.

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Euronews

Unpacking Ursula von der Leyen's reparations loan to support Ukraine

Liquidity guarantees, legal protection, anti-corruption safeguards, 'Made in Europe' criteria: here's how Ursula von der Leyen intends to overcome the Belgian resistance and approve the reparations loan for Ukraine.

Euronews

ECB declines to provide emergency liquidity for reparations loan to Ukraine

The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence.

Evening Standard

UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

The Guardian - UK

Rachel Reeves’s high-stakes autumn budget in five key charts

Chancellor to set out tax and spending plans shaped by weak productivity, high borrowing costs and cost of living crisis

Euronews

Ukraine peace talks: What's at stake for the Europeans?

Initially sidelined, Europeans want to muscle their way back to the peace negotiations between Ukraine and Russia by leveraging the key issues that can only be settled with their consent. But what are they? Analysis:

The Guardian - UK

Bond market power: why Rachel Reeves is keen to keep the £2.7tn ‘beast’ onside

Hugely influential traders will be hanging on the chancellor’s every word when she announces her budget

The Independent UK

Starmer and other Ukraine allies say US peace plan ‘will require work’

The G7 and G20 leaders who met at the South Africa summit expressed concerns about the proposal to limit Kyiv’s army.

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