Sunak's Future Fund costs taxpayers £1.1bn
Exclusive investigation reveals British taxpayers have lost over £1.1 billion from Rishi Sunak's Future Fund, with 158 companies collapsing and millions written off in failed investments.
Category : Economy
Germany Faces Ruin as Welfare State Buckles, Chancellor Warns
German Chancellor Olaf Scholz issues a grave warning that the nation's cherished social market economy is at risk of collapse, citing unsustainable welfare costs and a perfect storm of economic crises.
Office worker's savage note for colleague who stole their lunch
A UK office worker's fury erupts after a lunch thief steals their meal, leading to a passive-aggressive note war that's instantly relatable to anyone who's worked in an office. The hilarious exchange, complete with a shocking twist, has gone viral.
Cleaner Wins $200K NC Lottery, Plans to Buy New Home
Chelsea Carter, a dedicated house cleaner from North Carolina, has become an overnight sensation after winning a staggering $200,000 in the state lottery, proving that fortune can favour anyone.
California and Louisiana Lead US Poverty Rates
New Census data reveals a tale of two Americas, with California and Louisiana experiencing the highest poverty rates. This in-depth analysis explores the economic policies, social safety nets, and stark realities behind the numbers.
Reeves Rules Out Pension Lump Sums in Retirement Blow
Chancellor Rachel Reeves has shut down the possibility of reintroducing a popular pension policy, dealing a blow to retirees seeking greater financial flexibility. The decision signals a major shift in Labour's retirement strategy.
The Guardian Removes Content in Rare Editorial Reversal
The Guardian has taken the unusual step of removing an article and its accompanying podcast episode. This in-depth report explores the reasons behind this rare editorial decision and its implications for journalistic standards.
Labour's Economic Challenge: Legacy Grim, But Hope Needed
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
Labour's wellbeing economic framework fails to deliver
The UK government's flagship wellbeing framework, designed to shift economic focus beyond GDP, has struggled with implementation and impact despite its ambitious goals, according to experts.
Hunt's Pre-Election Budget Walks Fiscal Tightrope
Exclusive analysis: Chancellor Jeremy Hunt prepares a pivotal pre-election Budget, walking a tightrope between voter-friendly tax cuts and fiscal responsibility as the UK economy sends mixed signals.
Haldane: Economic failure fuels far-right extremism
Former Bank of England chief economist warns that without inclusive growth policies, economic discontent could fuel far-right extremism in Britain's political landscape.
RBA: Cost-of-living pain to continue through 2024
The Reserve Bank of Australia issues a sobering alert that the cost-of-living crisis is far from over, with persistent high inflation and interest rates set to continue pressuring family budgets well into the new year.
Fired US Statistician: Trump 'Dangerous' for Data Integrity
Ex-Bureau of Labor Statistics chief Erika McEntarfer breaks her silence, alleging political pressure and data manipulation under the Trump administration. She warns his return would be 'dangerous' for US economic integrity.
Centrelink Crackdown: New Welfare Data Blitz Begins
The Australian government launches a new data-matching blitz to slash Centrelink payments for those receiving benefits they may not be entitled to, sparking debate over welfare integrity.
Reeves Faces £9bn Tax Black Hole in Budget Crisis
Chancellor Rachel Reeves confronts a massive £9 billion fiscal shortfall as Treasury officials reveal grim tax receipt forecasts, forcing potential emergency tax hikes or spending cuts in the upcoming Budget.
NC man wins £1.4M on Monopoly scratch card
A North Carolina man's spur-of-the-moment decision to buy a Monopoly-themed scratch card has resulted in a life-changing £1.4 million jackpot win, state lottery officials confirm.
Netanyahu's 'Super Sparta' Plan Risks Israeli Economic Collapse
Exclusive analysis of Benjamin Netanyahu's controversial 'Super Sparta' doctrine, a radical plan for a besieged, self-reliant Israel that economists warn could trigger severe economic decline and deepen global isolation.
OBR Downgrade Piles Pressure on Chancellor Reeves
The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.
Australia Ditches GDP for Holistic Wellbeing Framework
Australia unveils a revolutionary 'Measuring What Matters' report, shifting from pure economic growth to a holistic wellbeing framework that prioritises health, environment, and social equity for a truer measure of national prosperity.
Court Upholds Trump's Firing of Fed Governor Lisa Cook
A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power
Centrelink Boost: Major Payment Increases for Aussies
Millions of Australians receiving Centrelink support are set for a significant income boost from next month, with indexation increases to Age Pension, JobSeeker, and other key payments. Discover how much more you'll get and when it arrives.
UK Economic Crisis: Inflation Soars to 40-Year High
The UK faces a deepening economic crisis as inflation hits a 40-year high, the pound sterling crashes, and the Bank of England scrambles to stabilise markets. This comprehensive analysis examines the causes and potential consequences for British household
Starmer Faces Business Fury Over £28bn Green Policy U-Turn
Labour leader Sir Keir Starmer confronts a dramatic business backlash after abandoning his flagship £28 billion green investment pledge, sparking accusations of creating uncertainty for UK firms.
UK faces Trump-style economic disruption, warns MP
Senior Labour MP Liam Byrne cautions that Britain's economy is vulnerable to a populist shock akin to Trump's 2016 victory unless the government addresses deep-seated regional inequalities and implements radical productivity reforms.
Trump Tariff Threat Sparks UK Stagflation Fears
Exclusive analysis reveals how Donald Trump's proposed aggressive tariffs are fuelling fears of a 1970s-style 'stagflation' crisis in Britain, with soaring prices and stalled growth predicted by leading economists.
UK's poverty map unchanged since Victorian era
Shocking new analysis reveals the UK's poorest areas have remained trapped in deprivation since the Victorian era, with government policies consistently failing to bridge the divide.
UK Economy Stagnates: Reeves Faces Budget Crisis
Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.
Rare Kew Gardens 50p coin sells for astonishing £6,800
An extremely rare Kew Gardens 50p coin has been sold for a staggering £6,800 at auction, making it one of the most valuable modern coins in circulation. Discover why this tiny piece of change is a numismatic superstar.
UK Economy Stagnates with Zero Growth in April
New official figures reveal the UK economy showed no growth in April, dealing a blow to Prime Minister Rishi Sunak and Chancellor Rachel Reeves. The stagnant GDP figures raise concerns about the nation's economic recovery and future prospects.
UK Economy Grows 0.4% in May, Exceeding All Forecasts
The UK economy grew by a stronger-than-expected 0.4% in May, according to the Office for National Statistics. Chancellor Rachel Reeves welcomes the data but warns of the 'challenge' inherited from the previous government.
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