Australia faces 1990s-style recession risk, warns editor
A modern recession could mirror the early 1990s downturn, with mortgage stress, job insecurity, and housing pressures hitting households hard, warns Peter van Onselen.
Category : Economy
Ryanair Confident Amid Jet Fuel Crisis, Warns Competitors
Ryanair remains confident about its fuel supply amid the jet fuel crisis, with CEO Michael O'Leary warning weaker carriers may fail. The airline's hedging strategy covers most of 2026, but 2027 hedges are pending.
Bank Holiday Jams Expected as 19M Trips Planned
The RAC estimates 19 million leisure trips by car over the bank holiday weekend, with heavy congestion on M1, M5, M6, and M25 despite soaring fuel prices.
Food Preservatives Linked to Higher Heart Disease Risk
French study finds common preservatives may raise heart disease risk by 16% and blood pressure by 30%, urging regulatory re-evaluation.
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Coins Found Under HMS Victory Mast in Superstition Ritual
Six 19th-century coins and tokens were discovered beneath HMS Victory's foremast during restoration, placed for good fortune. The find includes a rare Prince Edward Island token from 1835.
Bishop's Stortford: UK's Surprise Staycation Hotspot
Bishop's Stortford in Hertfordshire sees a 90% search increase as Brits opt for staycations, offering history, walking routes, and affordable hotels from £69 a night.
Reeves Backlash Over Food Price Cap Plan
Rachel Reeves faces backlash from M&S, Bank of England, and CBI over 'completely preposterous' plan to cap food prices, called 'neo-Soviet' and 'unsustainable'.
America's Most Misspelled Words: 'Bougie' Tops List
A new analysis reveals the most misspelled words in America, with 'bougie' leading. The study uses Google Trends data to identify spelling struggles across states.
Villa's Europa Win: Rogers on Historic Glory
Aston Villa ended a 30-year trophy drought with a 3-0 Europa League final win over Freiburg, with Morgan Rogers scoring the third goal and praising the team's historic achievement.
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Starmer: I'll always be on working people's side
PM Keir Starmer writes exclusively for the Mirror, pledging to support working families amid rising costs, extending fuel duty cut and introducing new measures.
Reeves Unveils Cost of Living Plan with Tariff Cuts
Chancellor Rachel Reeves announces tariff cuts on over 100 food staples until 2028, free bus travel for children, and fuel duty freeze to combat rising costs from the Iran war.
Aston Villa Win Europa League, End 30-Year Wait
Aston Villa won the Europa League with a 3-0 victory over Freiburg, ending a 30-year trophy drought. Goals from Tielemans, Buendia, and Rogers secured the title.
Ex-soldier honours fallen comrades on Iraq war anniversary
Former Fusilier Stephen Guard, 44, will attend the Royal British Legion's Iraq15 event to honour a friend who died after volunteering in Iraq. He reflects on near misses and loss.
UK Economy Shows Signs of Recovery with GDP Growth
The UK economy grew by 0.6% in the last quarter, signaling a modest recovery. Analysts attribute this to increased consumer spending and business investment.
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Bayern Munich Plot Shock Free Transfer for John Stones
Bayern Munich are considering a shock move for John Stones, who is leaving Manchester City on a free transfer. The defender could reunite with Vincent Kompany and Harry Kane.
Summer Movie Guide 2026: Blockbusters from May to August
From 'The Devil Wears Prada 2' to 'Spider-Man: Brand New Day,' here's your guide to the biggest films hitting theaters and streaming this summer.
Gas Prices to Hit Four-Year High, May Set Records
GasBuddy forecasts national average gas prices will reach $4.80 per gallon this summer, potentially surpassing $5.00 if Iran conflict continues, with recovery taking months.
M&S Leads FTSE 100 Gains Amid US-Iran Peace Hopes
M&S shares rose 6.6% after annual results showed cyberattack impact. FTSE 100 gained 1% as US-Iran peace hopes boosted markets. UK inflation cooled more than expected.
Couple Sue Neighbor Over Tiny House Sewage Fumes
An elderly Portland couple alleges they are forced to wear gas masks due to noxious fumes from a neighbor's tiny home's chemical toilet, seeking $250,000 in damages.
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Financial Strain Drives Multigenerational Living Boom in US
Multigenerational homes in the US have risen by 700,000 in a decade, reaching 4 million households, as families seek to reduce housing costs amid high prices and mortgage rates.
Iran War Delays UK Rate Cuts, Bank Governor Says
Bank of England governor Andrew Bailey says interest rates may have been cut twice this year without the Iran war, warning that supermarket price controls are unsustainable.
Martin Lewis Warns Over-55s on Pension Tax Pitfalls
Martin Lewis explains the '25 per cent rule' for pension withdrawals, warning of tax complications and potential higher tax bands for over-55s.
Target Turnaround Shows First Signs of Success
Target reports first positive same-store sales in five quarters, up 5.6%, driven by improved customer experience and digital growth, but investors remain cautious.
Canva Co-Founder Warns CGT Changes May Stifle Innovation
Canva co-founder Cliff Obrecht warns that proposed CGT changes could discourage startups, as Labor defends reforms aimed at housing affordability.
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Arsenal Fans Celebrate Premier League Title After 22 Years
Thousands of Arsenal fans gathered outside the Emirates Stadium to celebrate the club's first Premier League title in 22 years, with flares, fireworks, and joyous scenes.
Messi Peaking for World Cup, Guardiola Exit Looms
Lionel Messi's form suggests he's ready for one last World Cup, while Pep Guardiola's potential departure leaves Manchester City facing an impossible job for his successor.
15 Million Not Saving Enough for Retirement, Commission Warns
The Pensions Commission warns 15 million people are not saving adequately for retirement, a figure that could rise to 19 million without action. Share your experience.
M&S Boss Slams Food Price Cap Idea as 'Preposterous'
Stuart Machin, chief executive of Marks & Spencer, has rejected government proposals for voluntary price caps on essential food items, urging tax and regulatory relief instead.
US employers spend $1.5bn a year to fight unions, report finds
US employers spend over $1.5bn yearly on union opposition, including $442m on consultants, as union density drops to 10%, despite 70% public approval of unions.
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Share Your Money Secrets: Couples Experiment
Guardian seeks couples for an experiment on financial openness. Share your secret spending habits and money diaries anonymously.
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