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The Latest Breaking News from G7

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

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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

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

The Independent 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.

International Business Times UK

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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.

Evening Standard

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.

Euronews

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.

Evening Standard

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

The Guardian - UK

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:

Euronews

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 Guardian - UK

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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.

Evening Standard

Starmer and other Ukraine allies express ‘concern’ over US peace plan

Donald Trump said his proposal is not a ‘final offer’ but the war must end now

The Independent UK

Ukraine-Russia war latest: Zelensky says ‘most difficult moment in history’ as Trump sets peace deal deadline

Ukrainian president says his country faces ‘one of the most difficult moments in our history’ in address to the nation

Benzinga

BRICS Outpaces G7, The Undeniable Economic Rebalancing

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

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Euronews

What we learned from Ursula von der Leyen's options paper to support Ukraine

The options paper sent by Ursula von der Leyen to EU leaders presents a binary choice: fresh debt or tap the Russian assets. Euronews breaks down the key elements of her long-awaited document.

Radio France Internationale

G7 foreign ministers close ranks on wars in Ukraine and Sudan

Top diplomats from the Group of Seven industrialised democracies presented a united front on Ukraine and Sudan on Wednesday, even as they skirted around the more contentious issues overshadowing the gathering.

Euronews

G7 foreign ministers show support for Ukraine after talks in Canada, but avoid issues like trade

The G7 ministers said in a joint statement at the conclusion of the two-day gathering that they are increasing the economic costs to Russia and exploring measures against those who finance Russia’s war efforts.

The Independent UK

Ukraine-Russia war latest: Kyiv fires long-range Flamingo missiles at Russian oil facilities in fresh wave of strikes

Ukraine’s General Staff said oil depot were attacked in occupied Zaporizhzhia and Crimea

Radio France Internationale

France sounds alarm on Caribbean unrest as G7 leaders meet in Canada

France's foreign minister criticized "military operations" in the Caribbean at a G7 meeting on Tuesday, as the deployment of a US aircraft carrier strike group escalated an arms buildup in the region.

Euronews

Ukraine's FM Andriy Sybiha presses G7 for support as Russia targets energy grid

Canada announced more sanctions against Russia on Wednesday and a day earlier, the United Kingdom pledged €14 million in funding for Ukraine's energy infrastructure.

The Guardian - UK

US strikes against boats in Caribbean ‘disregard international law’, French minister says

G7 foreign ministers questioned Marco Rubio about the attacks on what the Trump administration claims are drug smugglers

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