UK Q1 Growth Confirmed at 0.6%, 2025 Revised Down
UK GDP grew 0.6% in Q1 2026, unrevised, but 2025 growth revised to 1.3% from 1.4%. Real household disposable income fell 0.8% amid rising taxes and inflation.
Category : Economy
US Mint Presses Final Penny as Trump Orders End to One-Cent Coin
US Mint strikes final penny in Philadelphia after Trump orders cancellation due to rising costs, saving $56m annually.
New York Returns 657 Antiquities to India; Mayor Urges UK to Return Koh-i-Noor
New York returns 657 antiquities worth $14m to India; Mayor Mamdani urges UK to return Koh-i-Noor diamond after meeting King Charles.
Chalmers Sparks GST Reform Debate in Australia
Australian Treasurer Jim Chalmers opens door to tax reform, rejects inflation blame, and focuses on intergenerational equity ahead of May budget.
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Oil Surges Past $97 as Iran Halts US Talks, UK House Prices Drop
Oil prices spike above $97 as Iran halts US talks, UK house prices fall for first time in 2024 amid rising rates and inflation fears.
Reeves to Reassure City After UK Economy Shrinks Unexpectedly in May
Chancellor Rachel Reeves to reassure City after UK GDP unexpectedly shrank 0.1% in May, second consecutive monthly contraction.
UK Considers Simpler Wealth Tax to Replace Complex System
UK explores simpler wealth tax amid data issues and political pressure, with options including existing tax changes or new levies.
£299 DWP Payment: Check If You're Eligible
Final £299 cost of living payment starts February 2024. Check eligibility for DWP or HMRC payments. Automatic for qualifying benefits.
Middle East Crisis Drives Oil Price Surge, Threatens UK Inflation and Growth
Middle East crisis pushes oil prices up 8.5%, threatening UK inflation and interest rate cuts. Strait of Hormuz disruption key concern.
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France Records Hottest Day Ever as 40 Drown During Heatwave
France records hottest day ever as 40 drown during severe heatwave; Eiffel Tower and Louvre close early.
Labour MPs 'massively out of step' with public on cost of living, survey finds
Poll reveals 82% of Labour MPs think government is doing well on cost of living, while 80% of public disagree, amid record local election losses.
Oldest Welsh Synagogue Gets £4M for Restoration
Merthyr Tydfil Synagogue, abandoned for 20 years, receives £3.9m National Lottery funding to become Wales' national centre for Jewish history.
FTSE 100 Suffers Biggest Fall Since April on Iran War Fears
FTSE 100 falls 1.6% as Iran war fears drive oil surge, hit travel and banks; rate cut odds tumble.
Three Climbers Die, One Rescued After Fall on Alaska’s Mount McKinley
Three climbers die and one is rescued after a fall on Alaska's Mount McKinley. The victims were part of a seven-person group from Latvia.
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James Bond Film Delayed Until 2028, Longest Hiatus in Franchise History
The next James Bond film is delayed until 2028, the longest hiatus in franchise history, as Amazon MGM Studios takes a careful approach with Denis Villeneuve involved.
HSBC Profits Miss Forecasts After £960m Bad Debt Charge
HSBC first-quarter profits miss forecasts after £960m bad debt charge including UK fraud loss and Iran war impact.
Reeves Vows To Protect Pension Triple Lock Despite Imf Warnings
IMF urges Reeves to consider ending pension triple lock and charging for NHS treatment to protect UK fiscal targets.
Reeves Announces Treasury Reforms And Fca Review
Chancellor Rachel Reeves to announce billions in regional spending after Treasury green book review, aiming to counter Reform UK threat.
Thousands Eligible for Free £290 Carer's Payment This Year
Thousands in Scotland eligible for £293.50 Carer's Allowance Supplement in December 2025. Automatic payment for Carer's Allowance or Carer Support Payment recipients.
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Burnham Must Tackle Cost of Living or Scots Will Lose Patience
Andy Burnham's devolution pledges are welcome, but hard-up Scots will quickly lose patience if the cost of living crisis isn't addressed, warns Chris McCall.
Romanian Children Separated by Parental Migration Face Trauma
Over 53,000 Romanian children have at least one parent working abroad. Many take on adult responsibilities, facing emotional trauma and scarce support, as families sacrifice togetherness for economic survival.
Andy Burnham's Vision: Hope Meets Reality for UK
Andy Burnham's vision offers hope after years of political fatigue, but translating it into better lives for millions hinges on devolution and economic growth.
Miliband pledges up to £1bn for community green energy schemes
Ed Miliband pledges up to £1bn for community-owned green energy schemes to democratise energy and cut bills.
EuroMillions Jackpot Rolls Over to £46 Million After No Winner
No winners in Tuesday's £34m EuroMillions draw; jackpot rolls over to £46m for Friday. Thunderball winner takes £500k.
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Messi Peaking for World Cup as Guardiola Exit Looms
Pep Guardiola may leave Man City after final match; Messi shows World Cup form; Celtic's title raises Scottish football questions.
IMF Cuts UK Growth Forecast Amid Global Uncertainty
IMF cuts UK growth forecast to 1.1% amid global uncertainty from Trump tariffs, warning of 'major negative shock' to world economy.
Andy Burnham's 7 Key Promises in PM Speech
Andy Burnham outlined seven key priorities for his premiership, including a major council house building programme, public control of water and energy, and a 'Number 10 North' to redistribute power.
Metallica Donates £20,000 to Cardiff Foodbank for 9,000 Meals
Metallica donated £20,000 to Cardiff Foodbank ahead of their sold-out Principality Stadium show, funding 9,000 meals for struggling families in the city.
Bananas Last Longer Stored Separately, Says Morrisons
Morrisons advises storing bananas away from other fruit to prevent ethylene gas from speeding up ripening, potentially extending freshness by up to 14 days.
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Burnham's Radical Economic Rewiring Plan Unveiled
Andy Burnham, expected to become PM, will propose devolving power to mayors, 'rewiring' the economy, and creating a 'No 10 in the North' to reduce welfare bills and boost employment.
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