Youth Unemployment Costs UK £125bn a Year, Milburn Report Warns
Alan Milburn's report reveals youth unemployment costs UK £125bn a year, with over a million young people Neet. Labour faces pressure to reform welfare.
Category : Economy
Serena Williams, 44, Confirms Sensational Wimbledon Singles Return
Serena Williams, 44, confirms her return to singles tennis at Wimbledon, accepting the final ladies' wildcard for the 2026 tournament.
BAT Lifts Smokeless Sales Outlook as Cigarette Decline Accelerates
BAT raises smokeless sales forecast as cigarette decline accelerates, with mid-teens growth expected for vapes and nicotine pouches.
Plans for 300 Homes on East Lothian Farmland Rejected Over Green Belt Concerns
Scottish ministers reject 300-home plan on East Lothian farmland due to green belt erosion and local opposition.
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Reeves Could Raise £45bn in Taxes Without Breaking Pledges
Morgan Stanley report says Rachel Reeves could raise up to £45bn in taxes without breaking Labour's manifesto promises, covering a potential £30bn deficit.
Reeves' Cost of Living Package Faces Criticism Over Economic Impact
Reeves' £1.8bn cost of living package faces criticism; StubHub admits hidden fees; Burnham pushes land value tax; NHS approves diabetes drug.
Merz Backs German Retirement Age Rise to 70 by 2090s
Germany will gradually raise its retirement age to about 70 by the early 2090s under recommendations backed by Chancellor Friedrich Merz, aiming to future-proof the pension system for an ageing population.
Heatwave Sparks Surge in European Electricity Prices
Great Britain paid over six times the normal price for imported power as a heatwave drove up demand and reduced wind and nuclear output across Europe.
Arsenal's Timber Set for Champions League Final Return
Jurrien Timber is fit to start for Arsenal in the Champions League final against PSG, a major boost for Mikel Arteta's side.
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Dementia Brothers Hail Irish Support After 33 Marathons
Brothers with FTD gene complete 33 marathons in 33 days across Ireland, raising over £1m and praising Irish support.
Japan's Child Population Hits Record Low for 45th Consecutive Year
Japan's child population falls to record low of 13.29 million, marking 45th year of decline, with births hitting new low of 705,809 in 2025.
Why Beige Carbs Are the Ones to Avoid, Says Dr Xand van Tulleken
Dr Xand van Tulleken explains why beige carbs like bread and pasta are unhealthy, and how switching to green carbs can improve health dramatically.
Nationwide Updates Customers on Exclusive Offers and Bonuses
Nationwide updates on exclusive offers, including a 5% bond and £100 Fairer Share payment, plus upcoming savings rule changes.
Uber Shares Surge on Strong Q2 Forecast Amid Robust Demand
Uber shares surge 9% after forecasting Q2 gross bookings above estimates, driven by strong ride-hailing and delivery demand despite geopolitical challenges.
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UK Borrowing Hits £151.9bn, Exceeding Forecasts by £14.6bn
UK borrowing hit £151.9bn in 2024-25, exceeding OBR forecasts by £14.6bn, raising pressure on Chancellor Reeves to raise taxes or cut spending.
One in three UK firms plan redundancies by early 2027
One in three UK firms expect redundancies by early 2027, with private sector hardest hit. Survey shows hiring confidence at lowest since 2013.
Interstellar Comet 3I/Atlas May Be Oldest in Solar System
Interstellar comet 3I/Atlas, up to 12bn years old, is the oldest object observed in our solar system, with a unique chemical composition unlike any local body.
Starmer's Economic Legacy: Mixed Results in Charts
Keir Starmer's economic record shows moderate GDP growth, rising unemployment, fluctuating inflation, and eased national debt, with mixed outcomes amid global challenges.
Qld Treasurer Promises Surplus by 2029-30 After Deficits
Queensland treasurer David Janetzki forecasts a $619m surplus in 2029-30, but only after years of billion-dollar deficits, including a $6.17bn shortfall this year, amid ratings downgrade fears.
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NSW Budget 2026: Winners and Losers Revealed
NSW's 2026 budget offers $100 vehicle registration discount, freezes public transport fares, and boosts essential worker pay. Coal miners gain from higher prices, but housing supply lags and state debt nears $200bn.
Farage: £5m Gift 'None of Your Business'
Nigel Farage defends £5m gift from crypto billionaire, says it's a private matter he can spend on Ferraris or horses, amid standards probe and calls for election after Starmer resigns.
EasyJet and TUI Assure No Fuel Surcharges Amid Global Shortages
EasyJet and TUI reassure passengers no fuel surcharges or cancellations due to global shortages, with flights operating as normal.
Russell Confident of Beating Antonelli to F1 Title Despite 43-Point Gap
George Russell is confident he can beat Kimi Antonelli to the F1 title despite a 43-point deficit after five races, following a frustrating Canadian GP retirement.
Bank of England Signals Patience on Rates as Iran Uncertainty Persists
Bank of England signals patience on rates amid Iran war uncertainty; oil prices fall; Asda partners with Ocado; South East Water faces debt downgrade.
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Streeting Warns Britons Against Cheap Cosmetic Surgery Abroad
Health Secretary Wes Streeting warns Britons against cheap cosmetic surgery abroad after deaths in Turkey, urging caution and better regulation.
Sawe Breaks 2 Hour Marathon Barrier In London
Sabastian Sawe breaks two-hour barrier in London Marathon, setting official world record of 1:59:30.
Treasury: 90% of Young Australians Better Off Under Labor Tax Reforms
Treasury modelling shows 90% of young Australians benefit from Labor's tax reforms including CGT and negative gearing changes.
Ed Sheeran Watches Ipswich Town Promotion
Ipswich Town promoted to Premier League after 3-0 win over QPR; Ed Sheeran celebrates with fans.
New French PM Takes Office Amid Nationwide 'Block Everything' Protests
New French PM Lecornu takes office amid 'Block Everything' protests, with clashes, arrests, and disruptions across the country.
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Budget 2026: NDIS Cuts to Save $36bn as Access Tightened
Australia's 2026 budget cuts $36bn from NDIS by tightening eligibility and reducing participant numbers to 600,000 by 2030.
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