Restart Naming British Trains: Brighton Belle and Royal Scot
Simon Calder argues for reviving the tradition of naming trains, a low-cost way to restore romance and enhance public image as Great British Railways takes over.
Category : Economy
Australia Warned of NZ Housing Disaster from Tax Changes
Experts warn Australia risks repeating New Zealand's failed tax experiment on negative gearing, which led to soaring rents and reduced housing supply.
CBA shares plunge 10.4% on bad loan fears, budget changes
Commonwealth Bank's share price fell 10.4% after raising bad loan buffers by $200m to $6.5bn, amid economic downturn fears from Middle East conflict and Australian budget changes.
Netflix Confirms Sequel to 10/10 Series La Palma
Netflix has announced a sequel to the hit series La Palma, titled Florida, set to release in 2027. The original boasted a 100% rating and 70.3 million views.
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Americans Average 5.2 Subscriptions, Spending $70 Monthly
Americans manage 5.2 subscriptions averaging $69 monthly ($830/year). 36% prefer more ads for lower fees. Costs rose 19% since 2020; 37% canceled recently.
Edgar Davids' friend loses bid to withdraw fraud plea
Nabila Habiby, who stole Dutch football star Edgar Davids' £188,000 art collection, faces jail after a judge rejected her attempt to withdraw her guilty plea for fraud.
UK Heatwave: Expert Warns on Patio Makeover Mistakes
As the UK prepares for a four-day dry spell with temperatures up to 24°C, a design expert warns that DIY patio makeovers can backfire, offering advice on what your paving says about you.
UK Households Stockpile Cash and Supplies for Emergencies
New research reveals that over one in seven UK households keep emergency cash, while many store torches, tinned goods, and power banks for potential crises like cyber attacks or natural disasters.
UK Bond Yields Stable but Leadership Challenge Looms
UK government borrowing costs stabilize amid political turmoil, but a leadership challenge could spike yields, impacting mortgages and public finances.
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UK CEO Pay Soars 15% as Worker Wages Stagnate
FTSE 100 bosses saw 15% pay rise to £5.2m average, while workers got 4.85%. Harbour Energy CEO Linda Cook earned nearly £11m, sparking criticism.
UK Staycations Could Boost Economy by £3.3bn
Redirecting 10% of overseas holiday spending to UK staycations could inject £3.3bn into the economy, rising to £6.25bn if travel disruption continues, according to Go.Compare analysis.
Vertu Warns Iran War Could Push Car Prices Higher
Vertu Motors warns prolonged Iran war may drive vehicle prices higher, as profits hit by EV targets and JLR cyberattack. Motor oil stockpiled amid supply concerns.
Modi Urges Indians to Stop Buying Gold for a Year
India's PM Narendra Modi asks citizens to refrain from buying gold for a year to protect foreign exchange reserves amid the US-Israel war on Iran and energy crisis.
Coasting Trend: Brits Choose Mid-Strength Drinks for Healthier Summer
A new 'coasting' trend sees UK adults opting for mid-strength alcoholic drinks, with sales up 151% year-on-year as people seek healthier choices without sacrificing taste.
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Trump Furious Over Intel Report on Iran Missile Capability
Donald Trump erupted in fury after leaked US intelligence reports revealed Iran retained most of its missile capability despite months of strikes, contradicting White House boasts.
Arsenal Fans Face £130,000 Box for Title-Clinching Match
Arsenal fans hoping to see their team potentially win the Premier League title at home against Burnley face costs of up to £130,000 for a corporate box, as general tickets are sold out.
Messi's Inter Miami Salary Doubles to $25m
Lionel Messi's new Inter Miami contract doubles his base salary to $25m, with $28m guaranteed. He outearns all MLS teams' payrolls except one.
Labour's Tourist Tax to Price Brits Out of Holidays
Labour's new 'tourist tax' will add 5% to overnight stays, pricing many Brits out of holidays. One in five would avoid booking in England, hitting families and seaside towns hardest.
Cost of living tsar urges Labour to end infighting over Starmer
Lord Walker, the government's cost of living tsar, warns Labour against 'navel-gazing' and urges focus on governing amid speculation over Keir Starmer's future as PM.
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Young Aussies and Boomers Slam Budget Over Tax Changes
Young Australians dismiss Labor's budget aimed at helping them, while baby boomers rage against capital gains and negative gearing changes that threaten their savings.
UK Bond Yields Surge: £6bn Headroom Threat for Reeves
UK 10-year gilt yields rise above 5%, threatening Rachel Reeves' fiscal headroom by up to £6bn amid political uncertainty and inflation from the Iran war.
Used EV Sales Hit Record High as Buyers Hunt for Cheaper Models
Used electric car sales in the UK reached a record high in Q1 2026, up 32% year-on-year, as more affordable battery vehicles enter the second-hand market.
Albanese admits past negative gearing use
PM Anthony Albanese confessed to using negative gearing, a day after Labor barred new investors from the concession in the Federal Budget.
UK Couple Exceeds Renovation Budget for French 'Village'
Ben and Nathan Pearson, from Hull, bought a French 'village' for £69k but have already spent their £100k renovation budget on just a kitchen, bedroom, and living room.
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TUI Says No Jet Fuel Shortage Despite Iran Conflict
TUI reassures passengers no fuel shortages for 10 weeks despite Iran conflict, summer bookings down 7%, and Europe sourcing more oil from Africa.
SoftBank Profit Surges Five-Fold on AI Investments
SoftBank Group reports a nearly five-fold jump in annual profit to 5 trillion yen, driven by AI investments including OpenAI and Nvidia.
Messi's MLS Salary Doubles, Surpasses Most Team Payrolls
Lionel Messi's new Inter Miami contract pays $25m base salary, more than double the next highest earner Son Heung Min, and exceeds payrolls of 28 other MLS teams.
Pensions Warning: 12 Million Face Poverty in Retirement
A third of UK adults are on track for a minimum retirement lifestyle, with costs at £13,400 for singles and £21,600 for couples, prompting calls for higher savings.
Vistry Warns of Steep Profit Drop Amid Iran War Impact
Housebuilder Vistry cautions first-half profits will be sharply lower due to Middle East conflict, rising costs, and use of incentives to boost demand.
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Tui UK summer bookings down 10% amid Iran war and hurricanes
Tui reports a 10% drop in UK summer bookings, citing the Iran war and Jamaica hurricanes, which cost €61m. Despite record earnings, full-year profit targets are lowered.
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