Dossier
House of Lords committee
Coverage of House of Lords committee in the Nexus archive.
- UK defense chief says operations to be ‘dialed back’ without additional spending
Richard Knighton, chief of the UK defense staff, expressed concern over day-to-day operations budgeting, stating operations will be reduced without additional spending.
- House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth
A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, urging the Bank of England (BoE) and Financial Conduct Authority (FCA) to revise regulations. The committee argued that current rules risk stifling market growth.
- Rachel Reeves’s fiscal rules buffer should be ‘significantly larger’, say peers
A House of Lords committee report urges Rachel Reeves to increase the buffer against her fiscal rules, citing the UK's unsustainable public debt trajectory. The current buffer, set at £22bn after a 2023 tax hike, risks erosion from the Iran war's economic impact.