Junior ISA Crisis: 1 Million Child Accounts Get No Money
New HMRC data reveals nearly 967,000 Junior ISA accounts received no contributions in 2023-24, highlighting severe financial pressures on families during the cost-of-living crisis.
Category : Economy
Americans Have Less Than $1,000 Saved for Retirement
A new study reveals the median retirement savings for US workers is just $955, with millions lacking employer plans. Experts warn of rising senior poverty and forced 'unretirement' trends.
World Bank: Poor Health, Education Hurt Developing Economies
A World Bank report reveals that declining health and education standards in low-income countries are severely damaging their long-term economic prospects and global earning potential.
UK Economy Stalls in 2025 with Subdued Growth
Official figures reveal the UK economy grew by just 0.1% in Q4 2025, with overall annual growth of 1.3%, below expectations and marred by budget uncertainty and sectoral declines.
Brixton News Stand Closes After 36 Years, Priced Out by TfL
A beloved Brixton Underground newsstand serving celebrities and locals for 36 years closes after rent triples under Transport for London, chaired by Mayor Sadiq Khan.
Calls to Exempt State Pension from Tax as Payments Set to Rise
The UK Government faces pressure to exclude the State Pension from taxable income to prevent pensioners from paying tax when payments exceed the frozen Personal Allowance threshold of £12,570.
Reeves Stands Firm on Economic Plan Despite Weak Growth Figures
Chancellor Rachel Reeves insists the government's economic strategy remains unchanged despite Office for National Statistics data showing just 0.1% growth in the final quarter of 2025.
BAT to Cut Jobs and Increase AI Use in Productivity Plan
FTSE 100 tobacco giant British American Tobacco confirms job cuts and AI integration as part of a £600 million cost-saving initiative, despite reporting stronger annual profits.
UK Economy Stalls in 2025 with Meagre 0.1% Growth
Official figures reveal the UK economy grew by just 0.1% in Q4 2025, with overall annual growth of 1.3%. Experts cite cyber attacks, budget uncertainty, and falling business investment as key factors behind the disappointing performance.
Hospitality Bosses Urge Chancellor to Scrap Tourist Tax
Over 200 hospitality and leisure leaders have written to Chancellor Rachel Reeves, urging her to abandon plans for a tourist tax in England, warning it would harm families and local economies.
RBA Governor Bullock Defends Economy Amid 'Gaslighting' Accusations
Reserve Bank Governor Michele Bullock faced heated questioning in Senate Estimates, defending her positive economic outlook against accusations of 'gaslighting' Australians about financial conditions.
UK Economy Crawls at 0.1% Growth, 2026 Holds Promise
The UK economy grew by just 0.1% in late 2025, with services flat and construction down. Despite six interest rate cuts, consumers and businesses remain wary, but optimism builds for 2026 with potential further cuts and anti-inflation measures.
China Curbs Auto Price War After Sales Drop 20%
China issues new regulations to prevent predatory pricing in the auto industry following a sharp 19.5% decline in passenger car sales in January, the steepest fall in nearly two years.
Jim Ratcliffe Accused of Hypocrisy on UK Immigration
Business mogul Jim Ratcliffe is under fire for alleged hypocrisy after criticising UK immigration policies, with critics pointing to his own firm's reliance on foreign workers and historical colonial ties.
Doyne Farmer's $100m Plan to Revolutionise Economic Forecasting
Professor Doyne Farmer proposes a $100m super-simulator of the global economy to tackle climate change and financial crises, using complexity science for unprecedented forecasts.
UK Economy Sees Slender Growth in Late 2025, ONS Says
The UK economy expanded by 0.1% in Q4 2025, matching previous quarter growth, with annual growth reaching 1.3% for the year amid sectoral variations.
UK Economy Grows Modestly in Final Quarter of 2025
The UK economy recorded modest growth in the final three months of 2025, according to new figures from the Office for National Statistics. This comes amid concerns about Rachel Reeves' Budget and other global developments.
UK Economy Grows 0.1% in Q4 2025 Despite Budget Concerns
The UK economy expanded by 0.1% in the final quarter of 2025, matching previous growth, as the Bank of England cuts growth forecasts for 2026 and 2027 amid budget pressures.
UK Economy Stagnates with 0.1% Growth in Q4 2025
The UK economy grew by a mere 0.1% in the final quarter of 2025, following similarly weak growth in the previous quarter, according to the Office for National Statistics.
UK Economy Grew 0.1% in Q4 2025 Despite Budget Uncertainty
The UK economy expanded by 0.1% in the final quarter of 2025, matching previous growth, as budget uncertainty persisted. The Bank of England has revised its growth forecasts downwards for 2026 and 2027.
UK Economy Grows 0.1% in Q4 2025 Amid Budget Uncertainty
The UK economy expanded by 0.1% in the final quarter of 2025, according to ONS data, despite tax speculation around Rachel Reeves's budget dampening spending and investment.
UK Economy Grew 0.1% in Q4 2025, Production Up 1.2%
The UK economy expanded by 0.1% in the final quarter of 2025, slightly below expectations. Growth was driven by a 1.2% increase in production, while construction fell 2.1% and services stagnated.
Taiwan's AI Economy Booms Amid Bubble Fears and China Tensions
Taiwan's economy is surging due to AI demand, led by TSMC and Foxconn, but faces risks from a potential bubble and geopolitical threats from China.
UK Economy Grows Modestly Amid Budget Concerns, ONS Reports
The UK economy is expected to have grown by 0.1% in Q4 2025, with annual growth at 1.4%, as budget uncertainty impacts sectors like services and construction.
Cuban Peso Hits Record Low in Informal Markets
The Cuban peso has reached an all-time low against the US dollar in informal markets, driven by US oil sanctions and deepening economic turmoil, with severe impacts on daily life and tourism.
£10 Pint Looms as Pubs Face Extinction Under Tax Burden
Industry leaders warn that soaring VAT, taxes, and energy costs could push pint prices to £10, forcing hundreds of pubs to close across the UK.
Half of Britons Have Under £25 Left Weekly Amid Crisis
Exclusive survey reveals nearly half of UK adults have less than £25 spare weekly, with 63% cutting essentials like food and heating as the cost of living crisis worsens.
UK Economy Shows Modest Growth Amid Budget Worries
The UK economy is expected to have grown by 0.1% in Q4 2025, with annual growth forecast at 1.4%, despite ongoing budget uncertainty pressures.
CBO Projects Worsening Deficits and Rising Debt Over Decade
The Congressional Budget Office projects deteriorating federal deficits and rising public debt driven by Social Security, Medicare, and debt service costs, with debt hitting 120% of GDP.
Australian Millionaires Call for Higher Taxes on Super-Rich
Dick Smith, Graham Marr, and Richard Barnes join a global call for wealth taxes, citing inequality and political influence of billionaires in Australia.
Page 2 of 61