Labour's swift pubs U-turn shows government learning – and repeating Treasury mistakes
Labour's quick reversal on pub business rates resolves a revolt but underscores Treasury-driven U-turns and lack of consultation.
Category : Economy
Novacyt To Cut 40% Of Workers In Restructuring
Novacyt plans to cut 40% of its workforce, affecting about 90 jobs, as part of a restructuring to reduce costs.
22-Year-Old Saves £106k on £35k Salary: How She Did It
22-year-old Gabriella Goddard saved £106k on a £35k salary through an apprenticeship, side hustle, and disciplined investing.
New EU Rules Extend Package Holiday Protection to Mix-and-Match Bookings
New EU rules extend package holiday protection to mix-and-match bookings made via a single intermediary, covering 10 million more holidays annually.
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DWP Confirms State Pension Age Review as Calls for Lowering to 60 and 65 Rejected
DWP responds to calls to lower state pension age to 60 for women and 65 for men, confirming a review is underway as the age rises to 67.
Starmer: Labour's economic plan will take years to deliver
Keir Starmer defends Rachel Reeves's tax rises and outlines Labour's long-term economic plan, promising deregulation and welfare reform.
Feynman's Restaurant Puzzle Solved: Optimal Menu Strategy Found
Researchers decipher Richard Feynman's notes on the optimal restaurant selection strategy, revealing a declining threshold approach.
Indonesia's Richest Man Michael Hartono Dies At 86
Michael Bambang Hartono, Indonesia's richest man and co-owner of Djarum cigarette conglomerate, dies at 86 in Singapore.
Wales Live News and Weather Updates for Tuesday June 16
Stay informed with the latest breaking news, weather, and traffic updates from across Wales and beyond on Tuesday, June 16.
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LIV Golf to Confirm End of Saudi Funding in 2026, Players Face Uncertain Future
LIV Golf to confirm Saudi funding ends in 2026, players face uncertain future as PGA Tour return talks loom.
From 100 Rejections to Founder at 22: Graduate's Advice
A UCL graduate shares how she overcame 100 job rejections to become a founder at 22, offering advice for graduates facing a tough job market.
Two Pubs Close Daily In Britain Amid Tax Hikes
Two pubs close daily in Britain amid tax hikes and rising costs, with 161 closures in Q1 2026, a 26% increase year-on-year.
EU Offers Up to €50,000 to Farmers and Hauliers Hit by Iran War Costs
EU offers up to €50,000 to farmers, hauliers and fishers hit by Iran war-induced fuel and fertiliser price rises.
£10,900 a Year Needed for Minimum Retirement Standard, Experts Say
Single person needs £10,900/year for minimum retirement standard; couple needs £16,700, according to PLSA-backed study.
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DWP to Pay £1,085 to UK Households Before Christmas if You Qualify
DWP to pay up to £1,085 to eligible UK households before Christmas through various support schemes including Household Support Fund, Warm Home Discount, and Winter Fuel Payment.
Labor’s Watered-Down Super Tax Plan Sparks Political Battle
Labor revises super tax plan, raising less revenue but aiming for fairness; critics say it's weaker.
Maresca's Man City Plans: Chelsea Raid and £100m Signing
Enzo Maresca, favourite to replace Pep Guardiola at Man City, could raid Chelsea for Enzo Fernandez and Levi Colwill, and sign Elliot Anderson for £100m.
Graham Norton's Irish Bolthole and £30m Net Worth
Graham Norton's Irish bolthole in West Cork, where he wed his husband, and his £30m net worth from BBC and ITV shows.
Nearly Half of Americans Fear Economic Collapse Within a Decade, Poll Finds
Poll shows 45% of Americans feel financial security worsening, 57% believe US in recession, with blame on White House rising.
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US Blockade Squeezes Iran's Oil Industry, Analysts Warn of Production Cuts
US blockade threatens Iran's oil industry, forcing potential production cuts within weeks as storage capacity runs low.
Rachel Reeves Set to Scrap Two-Child Benefit Cap in November Budget
Chancellor Rachel Reeves is set to lift the two-child benefit cap in the November budget, with options including a tapered system or limiting to three children.
UK Food Prices on Track to Rise 50% Since Start of Cost of Living Crisis
UK food prices on track to rise 50% since 2021, driven by climate and energy shocks, with beef and olive oil costs surging.
Man Utd Close on Champions League Spot as Casemiro Shines
Casemiro scores as Man Utd beat Brentford 2-0 to move closer to Champions League qualification.
US Travel Spend Hits Record $7,257, Many Borrow to Fund Trips
US travel spending hits record $7,257 average in early 2026, driven by luxury trips and high fuel costs; 60% of travelers plan to borrow money.
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Billionaires' Outrageous Staff Demands Revealed
Hotel insiders reveal bizarre billionaire demands, from sparkling water hair washes to mermaid costumes and private jets for dogs.
Leeds Dream Squad: Liverpool Outcast and Japan Star Could Join
Leeds United plan summer signings including Liverpool outcast Harvey Elliott and Japan striker Ayase Ueda, with £100m budget.
Curtis Jones Transfer: Liverpool Face Good, Bad and Swap Deal Options
Curtis Jones faces uncertain Liverpool future with £35m valuation, strained Slot relationship, and potential swap for Inter's Dumfries.
IMF Warns Rachel Reeves Over Fiscal Risks
IMF warns UK to cut borrowing amid bond market concerns and potential Labour leadership challenge, upgrading growth forecasts but citing downside risks.
Russian Oil Revenue Plummets Under Sanctions Pressure
Russian oil and gas revenues fall to multi-year lows as US and EU sanctions, tariff pressure on India, and shadow fleet crackdown take effect.
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Victoria Posts First Post-Pandemic Surplus, but Debt Nears £200bn
Victoria records first post-pandemic surplus of £727m, but debt nears £200bn. Budget includes transport subsidies and NDIS replacement, with deficits forecast when capital spending included.
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