Kingfisher Blames Wet Easter for B&Q Sales Dip, Hopes Heatwave Will Help
Kingfisher reports Q1 sales dip at B&Q due to wet Easter, but sticks to profit forecast. Screwfix grows, trade sales up 17%.
Category : Economy
Andy Burnham faces flatlining UK economy as PM frontrunner
The UK economy has flat-lined this month as firms face a 'litany' of cost increases due to the Middle East war, a report found. The downturn is led by the service sector, with output falling for the second month running.
Oil Prices Hit Fresh Lows on US-Iran Peace Progress
Brent crude fell nearly 2% to $76.4 a barrel, nearing pre-war levels, after the US waived sanctions on Iranian oil amid interim peace deal progress.
Andy Burnham PM: What It Means for Your Wages and Bills
Andy Burnham is frontrunner to replace Keir Starmer as PM. His policies on taxes, wages, energy bills, and rail fares could reshape UK fiscal landscape. Chancellor pick is key.
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Bruno Fernandes Backs Man Utd Move for £80m West Ham Star Mateus Fernandes
Man Utd target Mateus Fernandes with Bruno Fernandes' backing, facing competition from Arsenal, Real Madrid, and PSG for the £80m West Ham midfielder.
Burnham Faces Defining Moment as PM; Miliband Eyes Chancellor
Andy Burnham is set to become Labour leader and PM after a local by-election, but his biggest decision—choosing a chancellor—could define his premiership. Ed Miliband is the frontrunner, sparking fears over economic policy.
Trump approval sinks to record low among Republicans in stunning Fox News poll
Fox News poll shows Trump's approval among Republicans hits record low, with only 29% approving of his economic handling and 24% on inflation.
Iran War Impact on UK Grocery Bills Revealed
80% of Britons fear Iran war will raise food prices, as retailers warn government must cut energy costs to avoid further inflation.
‘My head spins with the heat’: India’s gig workers battle exhaustion amid soaring temperatures
India's gig workers struggle to recover from extreme heat at night, with soaring temperatures and lack of sleep worsening health and economic stress.
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New York Pizza and Bagels Face Recipe Changes as Additive Ban Looms
New York's iconic pizza and bagels face recipe changes as a ban on the flour additive potassium bromate, linked to cancer, awaits the governor's signature.
Mandalorian and Grogu Set For Franchise Low Box Office
The Mandalorian and Grogu predicted to open to franchise-low box office, with early tracking at $80m, below Solo's record, amid mixed fan reactions.
Reiss Nelson Hints at Early Arsenal Return from Hoffenheim Loan
Reiss Nelson hints he could return to Arsenal in January from his loan at Hoffenheim, where he has scored six goals this season.
Marianne Boruch Wins $100,000 Jackson Poetry Prize
Marianne Boruch wins $100,000 Jackson Poetry Prize; judges praise her work as affirmation of human genius in AI age.
Claire's Collapse: Your Rights on Orders, Refunds and Gift Cards
Claire's closes all UK and Ireland standalone stores, affecting 1,300 jobs. Advice on refunds, gift cards and customer rights after administration.
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Burnham to Reveal Economy Plans After Starmer Exit
Andy Burnham will set out his economic vision next week after Sir Keir Starmer's resignation, potentially becoming PM in mid-July if he is the only candidate to secure enough support.
UK Benefit Recipients Face Potential Disruption Amid Government Shutdown
US government shutdown threatens SNAP benefits for millions, with states warning of delays or cuts in food aid.
Russell Unfazed by Antonelli's F1 Win Streak
George Russell says F1 title is 'out of reach' after Kimi Antonelli's five-race win streak leaves him 68 points behind.
Paul McCartney and Wings Exhibit Opens in Cleveland
New Rock & Roll Hall of Fame exhibit showcases Paul McCartney's life after The Beatles, featuring personal artifacts and focusing on his band Wings.
Michael Jackson Albums Set For Chart Comeback As Biopic Soars
Michael Jackson albums set for chart resurgence as biopic 'Michael' soars at box office despite critical panning.
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Labour's Milkshake Tax: Sugar Levy Expansion Planned
UK expands sugar tax to milkshakes and lowers threshold, aiming to tackle child obesity and tooth decay.
Delta Goodrem Praised After Securing Fourth Place for Australia at Eurovision
Delta Goodrem finishes fourth at Eurovision, praised as 'iconic' by fans and PM Albanese; Bulgaria wins for first time.
Reeves To Clamp Down On Expensive Bike Purchases
Chancellor Rachel Reeves plans to cut tax benefits for expensive bike purchases via the cycle to work scheme, introducing a new spending limit.
Quarter of UK Families Missing Summer Holiday
Over a quarter of UK families have no summer holiday booked due to rising costs, according to an Airbnb survey. 42% feel pressured to provide a break, and many rely on savings or family support.
Pensioners Warned Over £60k Tax Relief Risk
Nearly 462,000 pension pots were fully withdrawn in 2024-25, up 30% from 2018-19. Experts warn of tax consequences and the Money Purchase Annual Allowance cut from £60,000 to £10,000.
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Wales FM Calls Brexit 'Economic Self-Sabotage' at 10-Year Mark
On the 10th anniversary of the Brexit vote, Wales' First Minister Rhun ap Iorwerth calls it the greatest act of economic self-sabotage in modern history, citing £4bn damage to Wales. Polls show 61% in Wales now think Brexit was wrong.
Burnham to Give Economy Speech After Starmer Quits
Andy Burnham will deliver a fiscal policy speech next week after Keir Starmer's resignation, positioning himself as the likely next prime minister with support from Wes Streeting.
Record Number of Millionaires Worldwide Despite Pandemic, But Inflation Erodes Wealth
Over 5 million new millionaires in 2020 despite pandemic, but inflation and rising inequality erode wealth for many.
Fitzpatrick: Putting letting me down in majors
Matt Fitzpatrick says poor putting has cost him in the Masters and US PGA Championship, despite three PGA Tour wins in 2026.
The Guardian Removes Content In Rare Editorial Reversal
The Guardian's readers' editor discusses rare content removals from its digital archive, balancing historical record with individual harm.
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Wealth Advisor Warns of HMRC Change, Urges Pension Moves
Wealth advisor warns of HMRC change to pensions from April 2027, urging people to consider gifting pension withdrawals to reduce inheritance tax.
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