Reform UK plans to retain the Office for Budget Responsibility (OBR) if it wins the next general election, according to BBC Business, reversing earlier suggestions of its potential abolition. This announcement, made by the party's economic spokesman Robert Jenrick, aims to reassure financial markets and businesses. In other news, Peru's interim president, José Jerí, was ousted in an express impeachment after only four months in office, as reported by The Guardian. Additionally, over 80 UN member states have condemned Israel's plan to expand control over the occupied West Bank, as stated by Al Jazeera.
Jenrick, in his first speech as Reform UK's economic spokesman, will back the OBR and commit to maintaining the independence of the Bank of England, according to BBC Business. This move follows earlier statements by Reform UK leader Nigel Farage, who had questioned the need for the OBR, accusing it of "effectively dictating to elected politicians what they should or should not do," as reported by BBC Business. The party now plans to reform the OBR rather than abolish it.
In Peru, José Jerí's removal came after a political scandal involving secretive meetings with Chinese businessmen. Lawmakers voted 75 to 24 to remove him from office, as detailed by The Guardian. The scandal, dubbed "Chifagate," stemmed from security-camera footage.
Meanwhile, in the West Bank, more than 80 UN member states have condemned Israel's plan to expand its control. Palestinian Ambassador to the UN Riyad Mansour, speaking on behalf of the coalition, stated, "We strongly condemn unilateral Israeli decisions and measures aimed at expanding Israel's unlawful presence in the West Bank," as reported by Al Jazeera.
In other developments, dozens of film workers, including actors Javier Bardem and Tilda Swinton, have condemned the Berlin International Film Festival for its perceived anti-Palestinian stance regarding the war in Gaza, according to Al Jazeera. In an open letter published in Variety, the film workers urged organizers to clearly state their opposition to Israel's actions.
Finally, one investor, Richard Fisher, who invested £12,000 in Brewdog, believes he has lost his investment, as reported by BBC Business. Fisher, who invested in the "Equity for Punks" scheme, described the company as "Maverick, independent, to a certain extent rebellious - it was all good stuff," according to BBC Business.
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