5 important things happening in the UK today

Here are 5 important things happening in the UK today – 25 June 2025.

• Report warns UK must actively prepare for the potential of war in the homeland: The UK must actively prepare for a potential wartime scenario in its homeland, the National Security Strategy has warned. This is the first time in many years that such an event has had to be considered. The review highlighted Russia and Iran as potential threats, including saying that the latter’s hostile activity on British soil is increasing in an effort to silence critics, as well as directly threatening the UK. [SkyNews]
• UK graduate job openings at lowest level since 2018: Job openings for graduates are at their lowest level since 2018, as employers hold off hiring and seek to cut costs by using AI. [Financial Times]
• Bank Governor sends warning about Rachel Reeves’s fiscal rules: The Bank of England Governor, Andrew Bailey, has waded into the controversy over Rachel Reeves’s fiscal rules with a warning against over-interpreting the Office for Budget Responsibility’s forecasts. Bailey said there were risks in being constantly focused on a £9 billion number instead of looking at broader issues around the sustainability of the public finances. [Guardian]
• Starmer to push ahead with controversial welfare changes: Prime Minister Keir Starmer has vowed to press ahead with the government’s planned welfare changes, despite a growing rebellion from Labour backbench MPs. More than 120 Labour MPs have signed up to an effort to block plans to cut disability and sickness-related benefits payments to save £5 billion a year by 2030. [BBC]
• Oil prices dropped after a ceasefire was announced between Israel and Iran. On Tuesday, Oil was trading at $69.25. The pound was trading at £1.36 to the dollar, £1.17 to the euro and £9.77 to the yuan.

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