US Economy Slows Sharply as Stagflation Fears Intensify
A stark government revision shows US economic growth plummeting to 0.7% in late 2025, sparking recession fears and whispers of stagflation on Wall Street as inflation risks persist.
Category : Business
Live Nation Trial Resumes After Limited State Settlement
The antitrust trial against Live Nation and Ticketmaster resumes Monday with 32 states continuing their case after only seven states joined a Justice Department settlement deal this week.
Reeves' £1bn VAT Windfall from Fuel Price Surge
Analysis reveals Chancellor Rachel Reeves is set to gain up to £1.1bn extra annually in VAT from drivers due to soaring pump prices, prompting calls to delay the fuel duty hike.
Brit Gran Critically Ill in Thailand, Family Battles Insurers
A 71-year-old grandmother from Eston remains comatose with bacterial meningitis in Bangkok, while her family claims travel insurers refuse to fund her medical repatriation to the UK for further assessment.
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Trump Launches Forced Labor Probes to Reinstate Tariffs
The Trump administration initiates Section 301 investigations into forced labor practices across 60 trading partners, seeking a legal pathway to restore tariffs after a Supreme Court ruling struck down previous policies.
Energy Firms Accused of Profiteering as UK Heating Oil Bills Double
UK households report heating oil prices doubling, with suppliers accused of profiteering during the Iran war crisis. The government warns against rip-off fuel prices as the CMA launches an urgent investigation into sudden hikes.
Mum's £35 Serum Boosts Post-Baby Hair Growth on Sale
A mother praises an award-winning overnight hair growth serum for thickening hair after childbirth. The TYPEBEA product is discounted 20% for Mother's Day, with rave reviews reporting reduced shedding.
Glasgow's Union Corner Demolition Begins After Devastating Blaze
Demolition experts have started the painstaking process of dismantling the remains of Glasgow's historic Union Corner building, destroyed by a major fire. The dangerous ruins threaten nearby Glasgow Central Station, which remains partially closed.
Oil Hits $103 Despite US Easing Russian Sanctions
Crude oil prices remain elevated at $103 per barrel despite temporary US sanctions relief on Russian shipments. Analysts estimate 125 million barrels are currently in transit as geopolitical tensions continue.
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Amazon Moves Prime Day to Late June, Altering Retail Calendar
Amazon is planning to move its Prime Day shopping event from July to late June this year, a significant shift for one of online retail's biggest moments. The change could impact competitors and consumer spending patterns.
Crocs Baya Clogs 50% Off in Amazon Sale, Ideal for Travel
Amazon's Spring Deal Days offer 50% off Crocs Baya Clogs, now under £25. Shoppers rave about their comfort, ease of cleaning, and suitability for travel, though note sizing tips.
Ministers Warn Petrol Retailers Over Unfair Pricing Practices
Chancellor Rachel Reeves and Energy Secretary Ed Miliband summoned petrol retailers to Downing Street, warning against unfair practices as fuel prices surge due to Middle East tensions.
Wetherspoons Pint Prices May Rise Due to Iran War Energy Costs
JD Wetherspoon warns its commitment to low prices could be tested as surging energy costs from the Iran conflict threaten pub chain profits and consumer spending.
California Gas Prices Hit $7.19 Amid US Fuel Crisis
Drivers in California's Bay Area face staggering $7.19 per gallon fuel costs as national prices surge 70 cents monthly amid geopolitical tensions.
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Dunelm £6 Lamp vs John Lewis £160 Version: Massive Savings
Shoppers can save over £150 by choosing Dunelm's Hebe Ribbed Ceramic Table Lamp at £6 instead of John Lewis's similar Country Rib Table Lamp priced at £160.
Smoking in Car Slashes Resale Value by Thousands
Drivers are warned that smoking or vaping inside vehicles can reduce resale prices by up to £2,600, with lingering odours and residue deterring buyers and incurring cleaning costs.
Judge Blocks Subpoenas in Fed Probe, Blow to Trump Ally
A federal judge has quashed Justice Department subpoenas targeting the Federal Reserve, marking a significant setback for an investigation into Chair Jerome Powell's congressional testimony.
Dance School Worker Loses Discrimination Claim Over Grooming Concerns
A dance school assistant fired after parents raised grooming fears over his interactions with an 11-year-old pupil has lost his discrimination claim. The tribunal found the academy acted on genuine safeguarding concerns.
Disney Cruise Ship Criticized After Maiden Voyage Issues
Disney Adventure, the cruise line's largest vessel, disappointed passengers with ride closures, noise complaints, and cramped cabins during its inaugural Singapore sailing.
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Kent Couple's Heating Oil Bills Double Amid Middle East Conflict
A Kent resident accuses energy firms of profiteering as heating oil prices soar, threatening her husband's health. The government warns against rip-off prices, and the CMA launches an urgent investigation.
Iran War Sparks Oil Crisis, Boosting EV Adoption
The Iran conflict has disrupted global oil supplies, sending gasoline prices soaring. Electric vehicle owners are capitalising on the crisis, highlighting significant cost savings and efficiency advantages over traditional fuel-powered cars.
Brits Flock to Benidorm for Cheltenham Festival in Spanish Sun
British racing fans are flocking to Benidorm for Cheltenham Festival, with hotel bookings soaring 225% as cheap pints and free entry bars prove irresistible compared to UK costs.
Ministers Warn Petrol Retailers Over Fuel Price Practices
Chancellor Rachel Reeves and Energy Secretary Ed Miliband meet with forecourt operators to address rising fuel costs and allegations of unfair practices, as prices hit an 18-month high.
Second Guest Stung by Scorpion at Las Vegas Hotel
Two tourists have reported scorpion stings at the Silver Sevens Hotel and Casino in Las Vegas, with one requiring hospital treatment and incurring a $400 bill.
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Fact Check: No Reliable Data on Heat Pump Grant Recipient Incomes
A government report shows 57% of heat pump grant recipients earn over £52,000, but this figure cannot be directly compared to national income statistics due to methodological differences.
Swinney Pledges £10k Deposit Support to End Rent Trap
First Minister John Swinney announces a £100 million First Homes Fund to provide up to £10,000 for first-time buyer deposits, targeting 50,000 households, ahead of the SNP's final pre-election conference.
Iran War's Impact on UK Mortgages and House Prices
The Iran conflict is disrupting UK mortgage markets, pushing rates above 5% and threatening house prices. Experts warn of prolonged uncertainty as global energy shocks ripple through the economy.
UK Petrol Prices Surge 10p+ per Litre Due to US-Iran War
UK motorists face a staggering £15 million daily increase in fuel costs as petrol prices spike by over 10p per litre following the US-Iran conflict. Interactive mapping reveals regional disparities, with Cherwell and Great Yarmouth seeing the sharpest ris
Carnival Cruise Line Introduces Express Dining Under an Hour
Carnival Cruise Line's new Express Dining option promises a full multi-course dinner in under 60 minutes, expanding fleet-wide by late May to enhance passenger flexibility.
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US Eases Russian Oil Sanctions as Crude Prices Remain High
The United States has granted a 30-day reprieve on sanctions for Russian oil shipments, aiming to stabilise global energy markets disrupted by the Iran war, though crude prices continue to trade at elevated levels.
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