Australian economist Steve Keen warns that shipping disruptions in the Strait of Hormuz could cut fertiliser supplies, potentially causing a global food crisis affecting billions.
The Department for Work and Pensions confirms a 4.8% state pension increase from April, adding £575 annually for millions under the triple lock mechanism.
The DWP confirms the State Pension age will rise from 66 to 67 starting April 2026, impacting specific birth years. A 4.8% payment increase is also announced alongside an independent review of future age thresholds.
Key ministers face intense questioning in Senate Estimates over the national fiscal outlook, cost-of-living pressures, and public service cuts. Get the latest details.
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Royal Mail has increased first class stamp prices to £1.80 and second class to 91p, despite ongoing delivery failures and service performance concerns.
Chancellor Rachel Reeves faces calls to use her Budget to ease the cost of living crisis, cut energy bills, and ensure the wealthiest pay their fair share of taxes.
Chancellor Rachel Reeves pledges action on the cost of living in her Budget, with a rail fare freeze and expected tax rises. Will it ease the pressure on families?
Chancellor Rachel Reeves promises the biggest growth drive in a generation while warning of tax rises to fix public finances. Full Budget details revealed.
Chancellor Rachel Reeves faces business backlash over minimum wage increases and wealth taxes in her make-or-break Budget. Will her cost-of-living measures balance the books?
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A podcast explores whether the political discourse around RBA interest rate hikes is overly simplistic, examining economic impacts and policy complexities.
Chancellor Rachel Reeves unveils budget tackling cost of living crisis with minimum wage rises and tax increases, while battling to keep Labour MPs supportive amid £20bn spending gap.
Over 1.4 million parents and carers claim Child Benefit, offering weekly payments, state pension credits, and National Insurance numbers for children under 16 or 20 in education.
A think-tank reveals that only low-income households on benefits will see living standards rise under Labour, while middle and higher earners face years of decline, with child poverty set to increase.
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The Office for Budget Responsibility warns the UK
Chancellor Rachel Reeves faces mounting pressure after the OBR revealed damaging Treasury leaks misrepresented its forecasts. Calls grow for her resignation as the watchdog sets the record straight. Read the full story.
The Resolution Foundation warns that a fresh energy price shock from the Middle East crisis could wipe out projected living standards gains for UK families, despite a forecasted one-off increase this year.
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The Resolution Foundation warns that while UK living standards are set to rise this year, Middle East conflict could spike energy prices, threatening gains for low-income households.
Escalating tensions in the Middle East risk destabilising global markets, with potential impacts on oil prices, inflation, and trade routes, according to economic analysts.
A new podcast analysis explores how escalating tensions in the Middle East could trigger a worldwide economic downturn, with experts warning of severe impacts on markets and trade.
Liverpool and Aston Villa clash in a pivotal Premier League match that could decide Champions League qualification, with both teams tied on 59 points.
Stoke-on-Trent billionaire John Caudwell shares his journey from car dealership to selling Phones 4U for £1.5bn, revealing his work ethic, sales tactics, and philanthropic vision.
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Early data from the 2026 tax filing season shows average refunds at $3,804, a significant increase from last year, driven by recent tax law changes and electronic payment shifts.
Following the June war with Israel, Iranians are converting savings into gold, silver, and gems as a hedge against a collapsing currency and fear of renewed conflict. Discover the surge in demand.
HMRC has clarified that tax repayments can take up to 10 working days via BACS, with extra security checks potentially extending this to 12 weeks, following taxpayer queries on social media.
Oil prices surge for a third consecutive day amid Iran conflict, triggering panic buying across Europe. Spain, Germany, and the UK report fuel shortages and long queues as traders brace for prolonged energy price elevation.
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Treasurer Jim Chalmers dismisses calls to reduce fuel excise as Westpac modelling warns petrol could hit $3 per litre due to Middle East tensions disrupting oil supplies.
