UK Labour Party's influential Tribune group of more than 100 MPs has called for less “caution” on fiscal policy in a new pamphlet that demands a change of direction to the left, Bloomberg's Wickham posts

The UK Labour Party's Tribune group is pushing for a shift to the left in fiscal policy, advocating for less caution in government spending decisions.

Newsquawk StaffPublished 12 May 2026, 07:22 UTCOn the live feed at 07:02 UTC — 6 more headlines followed before this page went public

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07:13

European Commission President von der Leyen says Brussels is taking action against TikTok’s “addictive design,” with similar concerns applying to Meta (META) platforms Instagram and Facebook

07:06

Japan's Finance Ministry declines to comment on market speculation about rate checks

07:02

UK Labour Party's influential Tribune group of more than 100 MPs has called for less “caution” on fiscal policy in a new pamphlet that demands a change of direction to the left, Bloomberg's Wickham posts

06:43

Indian Oil Minister says LPG production has increased

06:38

At the UK Cabinet meeting (c. 09:30BST), PM Starmer will be given the chance to "go gracefully" or face ministerial resignations, Huffington Post's Schofield reports

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Context

This could signal potential policy changes that may influence spending and taxation strategies, impacting market sentiment around UK equities and government bonds (gilts) as investors reassess risks associated with economic policies moving forward.

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