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EC wants to prevent Elon Musk from making mega-donation to Reform

19 Dec 2024

The Electoral Commission (EC) has asked for a change in electoral law to close a loophole that could enable Elon Musk to make an £80 million donation to Reform, Nigel Farage’s party. Current laws prohibit foreign citizens like Musk from directly donating to UK parties, but a loophole allows unlimited donations through UK-based companies. This proposal gained urgency after Musk and Farage discussed potential financial support during a meeting at Donald Trump’s Mar-a-Lago resort. Reportedly, Musk is considering a significant donation to challenge Labour and the Conservatives. EC chief Vijay Rangarajan emphasised the importance of voter trust in political financing and urged the Government to address this issue. However, Downing Street stated that reforming electoral law is not a priority in the current parliamentary session.

Inflation rate hits highest level for eight months

19 Dec 2024

The UK inflation rate surged to 2.6% in November, its highest level in eight months, driven by rising fuel and clothing costs, as well as higher ticket prices for events. This marks the second consecutive month of rising inflation, dampening hopes for an interest rate cut by the Bank of England. Rachel Reeves acknowledged the ongoing struggles of working families, vowing to alleviate financial pressures. However, critics blamed recent government policies for exacerbating inflationary pressures, which could prolong elevated mortgage rates. Many companies are grappling with rising fuel, utility, and wage costs, while households continue to face increased expenses on food, rent, and essentials. Economists predict the Bank of England will keep interest rates steady at 4.75% to curb inflation. While inflation is expected to fluctuate in the coming months, experts forecast a return to the Bank’s 2% target by the end of next year.

George Carey resigns as priest

19 Dec 2024

George Carey, former Archbishop of Canterbury, has resigned from ministry at the age of 89 amid scrutiny over his handling of historical sexual abuse allegations. He did so after the BBC questioned his decision to allow David Tudor, a priest banned in the 1980s over abuse allegations, to return to ministry under supervision. Tudor was permanently banned from ministry in October after admitting to sexual misconduct. In his resignation letter, Carey expressed gratitude for his years of service and God’s faithfulness. This resignation comes soon after Justin Welby stepped down in November for failing to properly investigate abuse allegations related to Christian summer camps. Stephen Cottrell, Archbishop of York, has also faced calls to resign for his delayed action in Tudor’s case but has defended his previous decisions, citing a lack of legal grounds for suspension until Tudor’s 2017 arrest.

Russia: senior general assassinated

19 Dec 2024

On 17 December Lieutenant-general Igor Kirillov and his assistant were killed in Moscow by a  Ukrainian agent in a targeted assassination, intensifying a new front in the conflict. Kirillov, the head of Russia’s nuclear, chemical, and biological defence forces, died in an explosion outside his home caused by a remotely detonated bomb hidden in a scooter. The Ukrainian security service claimed that Kirillov was ‘a legitimate target’ due to his alleged war crimes, including the use of banned chemical weapons on Ukrainian troops. Since February 2022, Russia is said to have used chemical weapons over 4,800 times under his leadership. This marks a continuing trend of Ukraine’s covert operations to assassinate high-ranking Russian officials and disrupt their military efforts. While Ukrainian intelligence rarely takes credit for such actions, these killings are seen as a psychological tool to weaken Russia's morale and send a message about the cost of war crimes.