RBA Official Warns Iran War May Force Another Rate Hike as Fuel Costs Soar
RBA warns Iran war may force rate hike as fuel prices soar, inflation could hit 5%
Category : Economy
Oprah Winfrey's Podcast Lands at Amazon in Multiyear Deal
Oprah Winfrey's podcast moves to Amazon in a multiyear deal with Wondery, expanding to two weekly episodes from summer 2025.
WW3 Survival Bag: 10 Items Brits Should Stockpile Amid Iran Conflict
10 items Brits should stockpile now due to Iran war disruption, including petrol, heating oil, plastics, and hygiene products.
IMF's Calm Language Masks Global Economic Turmoil
IMF report criticised for using calm language to describe global economic turmoil caused by Trump's tariff threats and erratic behaviour.
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Reeves Rules Out Major Tax Rises In Labour Budget
Chancellor Rachel Reeves abandons plans to raise income tax in the upcoming budget after political backlash and revised fiscal forecasts.
HMRC Warns One Million Britons May Miss £453 Tax Refunds
HMRC warns one million Britons may miss £453 tax refunds; urges checking accounts and vigilance against scams.
Reeves Abandons Income Tax Rise Plan in Major U-Turn
Chancellor Rachel Reeves abandons plans to raise income tax rates in a major U-turn, opting for smaller tax measures amid internal party turmoil.
Chinese PhD Student Buys £1m Unesco World Heritage Tour
A Chinese PhD student buys a £1m two-year luxury tour of all 962 Unesco World Heritage sites, staying in five-star hotels and flying business class.
NCP Goes Bust: 340 UK Car Parks at Risk of Closure
NCP enters administration, putting 682 jobs at risk and 340 UK car parks under threat of closure due to debt and changing driving patterns.
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UK Economy Shrank by 0.1% in April as Iran Conflict Hit Growth
UK GDP fell 0.1% in April due to Iran war driving up energy prices, after 0.3% growth in March, ONS data shows.
Taiwan's Economy Grew 8.6% in 2025, Fastest in 15 Years
Taiwan's economy grew 8.6% in 2025, fastest in 15 years, driven by AI exports and US shipments. Growth expected to slow in 2026.
Reeves Defends Budget, Condemns Leaks as ‘Unacceptable’
Chancellor Rachel Reeves condemns budget leaks, defends income tax U-turn taken with PM Starmer, and outlines fiscal plans amid scrutiny.
Lineker: England’s Injured Stars a World Cup Advantage
Gary Lineker says injury-disrupted seasons for England stars like Saka and Bellingham could be a World Cup advantage, giving the team an 'outside shot' at glory.
Four in five Britons worried Iran war will make food more expensive, poll finds
Poll shows 80% of Britons fear Iran war will raise food prices, as retailers urge government to cut energy costs.
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UK economy grows 0.3% in November, beating forecasts on car sector rebound
UK GDP grew 0.3% in November, beating forecasts, driven by car sector recovery after JLR cyber-attack. Ofwat investigates South East Water outages.
Martin Lewis urges Universal Credit claimants to use Help to Save scheme
Martin Lewis explains the Help to Save scheme, offering 50% bonus on savings for Universal Credit claimants, with up to £1,200 over four years.
HMRC Warns Side Hustlers: Check Tax Details to Avoid Payment Errors
HMRC warns side hustlers earning over £1,000 must register for self assessment, claim allowable expenses, and prepare for Making Tax Digital from April 2026.
Six Financial Impacts of Iran Peace Deal on UK Households
Analysis of six financial impacts on UK households from the US-Iran peace deal, including fuel, food, and energy costs.
ECB Holds Rates Steady Amid Resilient Eurozone Growth
ECB holds rates at 2% and 2.15% amid steady eurozone growth, low inflation, and looming US tariffs; Lagarde says risks tilted to downside.
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Trump Tariffs Hurt US Manufacturers Instead Of Helping
Trump tariffs hurt US manufacturers like Jay Allen's firm, causing losses and job cuts, contrary to promised benefits.
UK to lose 163,000 jobs in 2026 as Iran war hits economy
UK to lose 163,000 jobs in 2026 as Iran war triggers economic crisis, hitting lower-income regions hardest, warns Item Club report.
Wes Streeting Proposes Equalising Capital Gains and Income Tax in Labour Leadership Bid
Wes Streeting proposes equalising capital gains and income tax rates, estimating up to £12bn raised annually, as part of his Labour leadership campaign.
Andy Burnham Backs Triple Lock Pension Pledge in Reddit Q&A
In a Reddit Q&A, Andy Burnham reaffirms the triple lock state pension commitment, while Kemi Badenoch challenges him to face the press. He also addresses tax, HS2, and migrant returns.
HMRC's 2026 Stealth Tax Changes: Expert Warns of 'Quiet Erosion' of Wealth
From April, HMRC stealth tax changes including dividend tax rises, VCT relief cuts, and frozen thresholds will increase bills and pull more into higher tax brackets, experts warn.
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UK Economy Grows 0.1% in November, Easing Pressure on Reeves
UK economy grew 0.1% in November, weaker than forecast, easing pressure on Chancellor Rachel Reeves amid calls for faster growth.
Calls for automatic release of child trust funds at 21 grow
Calls grow for UK government to automatically release £1.5bn in unclaimed child trust funds to young people at age 21.
Resolution Foundation Urges Reeves to Raise Over £20bn via Tax Reforms
Resolution Foundation urges Rachel Reeves to raise over £20bn via CGT, IHT and NI reforms in next month's budget.
UK Economy Surges 0.7% in First Quarter, Defying Gloomy Predictions
UK GDP grew 0.7% in Q1, driven by business investment ahead of Trump tariffs, defying warnings of a downturn.
Trump’s Iran War Sends UK Economy Reeling as Energy Prices Soar
Three months into Trump's Iran war, UK faces soaring energy prices, rising inflation, and recession risk as economic recovery stalls.
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Heineken to Cut 6,000 Jobs Amid Falling Beer Demand
Heineken to cut 6,000 jobs globally amid falling beer demand, lowers profit forecast, and faces CEO transition.
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