Trump's Economic Boom Claim Contradicted by Poll
A Reuters/Ipsos poll reveals that 68% of Americans disagree with President Trump's assertion of a booming economy, with Republicans sharply divided ahead of midterm elections.
Category : Economy
Trump's State of the Union Focuses on Inflation and Prices
In his recent State of the Union address, former President Donald Trump addressed pressing economic issues, highlighting inflation and affordability as key challenges facing Americans today.
IAG Reports Record £4.4bn Profit Amid Strong Travel Demand
International Airlines Group, parent of British Airways, announces a 17.3% surge in operating profit to €5.0 billion (£4.4bn) for 2025, citing robust demand and constrained industry supply.
IAG Posts Record £4.4bn Profit with British Airways Leading
International Airlines Group, parent of British Airways, announces a 17.3% surge in operating profit to €5.0 billion (£4.4bn) for 2025, driven by strong demand and industry consolidation.
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Chalmers Confirms Negative Gearing Changes Ahead of Budget
Australian Treasurer Jim Chalmers has confirmed that reforms to negative gearing are under consideration for the upcoming May budget, sparking debate over housing affordability and tax policy.
Pub Owner Questions Son's Future on BBC Question Time Over Tax
A pub owner expressed despair on BBC Question Time, questioning if he's handing his son a 'poisoned chalice' due to soaring business rates. Chef Tom Kerridge warned hospitality is being 'squeezed out of existence'.
Midland Skip Hire Enters Liquidation After 24 Years
Nottinghamshire skip hire firm Midland Skip Hire Limited has been forced into liquidation following a winding-up order from HMRC, resulting in job losses for its employees.
State Pension 2026: Up to £44 Monthly Increase for Retirees
Millions of pensioners will receive a state pension increase from April 2026, with monthly payments rising by up to £44. The triple lock mechanism ensures this cost of living boost.
Sara Eisen Debates The View on Trump's Economy
CNBC anchor Sara Eisen refuted claims on The View that the economy is struggling under Trump, citing corporate profits and investor sentiment, sparking a heated exchange.
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Rolls-Royce Subsidies: Controversial but Inevitable
Government subsidies for Rolls-Royce spark debate over fairness, but experts argue they are essential to safeguard jobs and maintain UK's industrial competitiveness.
Eight Financial Checks to Complete Before April 6 Tax Deadline
Wealth manager Evelyn Partners warns households to review pensions, savings, and investments before the tax year ends to avoid losing allowances and facing higher bills.
Yang Warns AI 'Jobpocalypse' Could Hit White-Collar Workers Soon
Former presidential candidate Andrew Yang predicts millions of white-collar jobs could vanish due to AI within 12-18 months, sparking warnings of economic collapse and calls for universal basic income.
Spring Forecast 2026: Share Your Financial Outlook
As the Spring Forecast approaches, we invite readers to share their personal financial situations to gauge public sentiment on inflation, employment, and economic stability.
IMF Releases $2.3 Billion to Egypt After Economic Reforms
The International Monetary Fund has approved a $2.3 billion disbursement to Egypt, citing progress in economic stabilization and inflation reduction through reform measures.
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Over 55s Risk Missing £13k Yearly in Unclaimed Benefits
New research reveals over 55s are missing out on thousands in unclaimed benefits, with 43% never checking eligibility. Experts urge immediate action to claim support.
Chinese Firm's $26M Cash Party: Employees Grab Bonuses by Hand
Henan Kuangshan Crane Co. Ltd. piled $26 million in cash on banquet tables for its annual party, letting 7,000 employees take home as much as they could carry, with one securing $13,000.
State Pensioners Face 'Subtle' Tax Change from Triple Lock
State pensioners are urged to check for potential tax bills as triple lock increases push payments above personal allowance thresholds, with experts warning of fiscal drag.
Massachusetts Exodus: 182,000 Residents Flee in Five Years
A new report reveals Massachusetts lost 182,000 residents to other states from 2020-2025, driven by rising taxes, soaring housing costs, and a cooling job market, threatening economic growth.
Australian Real Wages Decline as Inflation Outpaces Pay
Australian Bureau of Statistics data reveals wages grew 3.4% but inflation hit 3.8%, eroding purchasing power. Research shows six-figure salaries no longer guarantee comfort amid shifting economic benchmarks.
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Food Price Surge and War Fears Squeeze Iranian Households
Iranians face skyrocketing costs for basic staples as inflation exceeds 46%, compounded by fears of potential US military strikes and ongoing economic sanctions.
Heston Blumenthal's Restaurant Empire Faces HMRC Petition
Heston Blumenthal's restaurant empire, including The Fat Duck, faces uncertainty after HMRC filed a winding-up petition against parent company SL6 Ltd, putting 130 jobs at risk.
Adviser's 'No More Restaurants' Remark Sparks Hospitality Fury
Entrepreneurship adviser Alexandra Depledge has ignited outrage by stating the UK 'doesn't need any more restaurants,' arguing for focus on tech startups instead, as hospitality sector faces closures.
Women Leaders Face Greater Scrutiny in UK Boardrooms
A government-backed review shows UK firms hit board gender targets but women CEOs face more scrutiny and unconscious bias, with slow progress in top roles.
Jelly Belly Lays Off 69 in California Amid Candy Industry Struggles
Iconic jelly bean brand Jelly Belly is cutting 69 jobs, about 18% of its workforce, at its Fairfield headquarters. The layoffs, planned after its 2023 acquisition, reflect broader pressures in the candy sector.
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Tim Wilson's Bet Against Australian Economy as Shadow Treasurer
Liberal MP Tim Wilson retains an investment that profits when Australia's ASX 200 falls, raising ethical questions after his appointment as shadow treasurer.
Tim Wilson Pushes Tax Cuts for Rich as CGT Reform Looms
As Australia debates capital gains tax reform, Shadow Treasurer Tim Wilson argues high-income earners need tax cuts, sparking controversy over fairness and economic incentives.
IFS Warns Reeves of Looming Fiscal Black Hole Risks
The Institute for Fiscal Studies warns Chancellor Rachel Reeves that subdued tax receipts and falling net migration could create significant fiscal challenges later this year, potentially forcing tough decisions.
Eight Major Cost of Living Changes for 2026 Including DWP Reforms
The Government has confirmed eight cost of living support measures for 2026, including a 7% energy price cap reduction, wage increases, and two major DWP changes in April.
Big Four Meatpackers Accused of Price-Fixing Amid High Costs
Major beef producers Tyson, JBS, Cargill, and National Beef are under fire for alleged collusion and price-gouging, driving up consumer prices and sparking lawsuits from McDonald's and others.
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Diageo Slashes Dividend, Warns of Guinness Capacity Issues
Diageo, the maker of Guinness, has reduced its dividend and cut sales forecasts due to weak demand in the US and China, citing tariffs and consumer shifts.
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