The Reserve Bank of Australia's decision to raise interest rates during a global energy shock has revealed a split board, with Governor Michele Bullock downplaying internal controversy while highlighting inflation risks.
Australian borrowers confront rising mortgage repayments and petrol costs, with economists warning of a potential recession driven by interest rate hikes and global oil price surges.
Travis Perkins CEO Gavin Slark warns that escalating Middle East conflict is driving up energy costs, leading to imminent price increases for building materials in the UK construction industry.
Yamaha Motor Corporation and Exxon Mobil join the growing corporate migration from traditional blue-state hubs to Sun Belt states like Texas and Georgia, driven by lower costs and favorable regulations.
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Official figures reveal a sharp 30% annual rise in company administrations in February, with experts warning the Iran conflict and soaring oil prices could drive further collapses.
Fuel prices in Palm Beach County have surged by 25% in one month, reaching $4 per gallon, following President Trump's declaration of war on Iran and subsequent Strait of Hormuz disruptions.
New research reveals Trump-era tax law changes could bring millions more donors to nonprofits while reducing overall charitable giving by billions annually due to impacts on wealthy donors and corporations.
Sri Lanka has mandated a four-day working week and work-from-home rules for civil servants to conserve fuel reserves, with Wednesdays designated as holidays. The measures come amid severe supply disruptions caused by the US-Israeli war on Iran.
Insolvency Service data reveals 4,210 debt relief orders in February 2026, the highest monthly figure since 2009, with personal insolvencies up 18% year-on-year.
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Millions of UK pensioners could receive a nearly £400 state pension increase in 2027 if inflation remains elevated, driven by global energy price pressures.
Sri Lanka has mandated a four-day working week for public sector staff, closing offices every Wednesday to conserve fuel as Asia grapples with oil supply disruptions from the Strait of Hormuz.
Rachel Reeves will pledge the UK to 'fastest AI adoption in the G7' in a major speech, backed by a £1.5bn investment fund, while Treasury minister Dan Tomlinson insists technology won't cause overall job losses.
Chancellor Rachel Reeves details her economic strategy focusing on stronger EU relations, AI expansion, and regional growth, including a £2.5 billion investment in advanced computing.
HMRC has directly contacted taxpayers informing them they will be legally required to comply with new Making Tax Digital requirements, with phased implementation starting April 2026 for high earners.
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Chancellor Rachel Reeves outlines a three-pronged economic strategy focusing on AI innovation, regional growth, and deeper EU relations, backed by a £2.5 billion tech investment.
The Reserve Bank's latest cash rate increase is attributed to Middle East tensions, but domestic factors like government spending continue to push inflation higher, creating economic challenges.
UK households struggling with rising bills are urged to check eligibility for DWP benefits, supplier grants, and council support that could provide hundreds in financial aid.
The Reserve Bank of Australia's interest rate rise to 4.10% adds financial strain, with mortgage repayments increasing by up to $180 monthly amid persistent inflation pressures.
The Reserve Bank of Australia's 25 basis point rate increase to 4.10% will add $90 monthly to a typical $600,000 mortgage, compounding cost-of-living pressures.
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An Australian trucking operator has issued a desperate plea to Prime Minister Anthony Albanese, claiming soaring fuel costs are making the industry unsustainable and forcing him to sleep in his vehicle to cut expenses.
Chancellor Rachel Reeves commits UK to fastest AI adoption in G7 and deeper EU ties in Mais lecture, announcing £2.5bn tech funding including quantum computing investment.
Chancellor Rachel Reeves commits to fastest AI adoption in G7 and deeper EU relationship in major economic address, alongside £2.5bn tech investment.
Economists at JP Morgan argue the Reserve Bank of Australia should not follow consensus and raise interest rates, citing risks of stagflation from Middle East conflict.
A stark divide emerges as Democratic-led states raise income taxes on the wealthy while Republican-led states cut or eliminate them, reshaping affordability and public services nationwide.
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National Car Parks (NCP), one of the UK's largest operators with 340 sites, has appointed administrators from PwC, risking 682 jobs due to sustained low demand since the pandemic.
National Car Parks, a major UK operator with 340 sites, has entered administration due to post-pandemic demand slump and inflexible leases, putting 682 jobs in jeopardy.
StepChange warns that high debt on essential bills is the 'new normal' for low-income households, with average arrears for housing, utilities, and council tax rising significantly in 2025.
A new report reveals a sharp decline in charitable giving in the UK, with donations dropping by £1.4bn in 2025. Nearly half of non-donors cite affordability issues, highlighting the impact of the cost of living crisis on the voluntary sector.
The National Audit Office warns that keeping British Steel's Scunthorpe blast furnaces running could cost taxpayers over £1.5bn by 2028, despite saving jobs and industrial capacity.
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New research reveals Britons significantly underestimate the leading causes of debt, with unemployment and health issues topping the list. StepChange charity urges action during Debt Awareness Week.
