Reeves forced into borrowing spree as fiscal plans unravel
Chancellor Rachel Reeves confronts harsh economic reality as soaring debt costs and weak growth force major borrowing increases, putting Labour's fiscal rules under severe pressure.
Category : Business
Lidl's packaging revolution hits all UK stores
Discount supermarket giant Lidl is transforming its packaging across all UK stores in a major sustainability push that will affect millions of shoppers.
UK economy grows 0.6% in Q1 2024, beating forecasts
Britain's economy grows at fastest pace in over two years with 0.6% expansion, beating expectations and marking strong recovery from recession. Services sector leads growth while Chancellor celebrates 'brighter economic outlook'.
900,000 Young Brits Not in Education or Work
Shocking new DWP figures reveal nearly a million young people are classified as NEETs, with experts warning of a 'ticking time bomb' for the UK economy and society.
NatWest Chairman Sir Howard Davies steps down early
Sir Howard Davies announces departure as NatWest chairman months ahead of schedule, with Rick Haythornthwaite appointed as successor in major banking leadership change.
FTSE 100 plunges amid inflation fears and poor earnings
London's FTSE 100 index suffers significant losses amid disappointing corporate earnings and renewed inflation concerns, creating turbulent trading conditions for UK investors.
UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
Australia-US critical minerals deal challenges China
A landmark agreement between Australia and the United States aims to reshape global supply chains for rare earths and critical minerals, reducing Western reliance on China while boosting green technology development.
Pizza Hut Closes Dozens of UK Restaurants
Dozens of Pizza Hut restaurants across Britain are set to close permanently, affecting hundreds of jobs as the chain undergoes significant restructuring amid challenging market conditions.
UK borrowing outstrips forecasts as Amazon outage hits
UK government borrowing surged past official predictions in September, creating an early challenge for Chancellor Rachel Reeves. The financial uncertainty coincides with a major Amazon Web Services outage that disrupted global businesses before being reso
UK borrowing hits record September high of £15.9bn
New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.
Pub staff horrified after discovering secret event venue truth
Australian pub employees left horrified after uncovering disturbing truth about private function space, leading to dramatic evacuation of unsuspecting guests in shocking venue controversy.
Billionaire's LA mansion faces wrecking ball in £15m deal
A controversial £15 million Los Angeles mansion, once owned by billionaire philanthropist Nicolas Berggruen, faces demolition after new owners purchase the property with plans to build a modern family home on the exclusive Bird Streets site.
New Llyn Peninsula Seafood Trail: Coastal Walks & Dining
Explore North Wales' spectacular new walking route combining breathtaking coastal scenery with world-class seafood experiences along the stunning Llyn Peninsula.
Labubu Dolls Vanish from UK Stores Amid Collector Panic
Desperate Labubu doll hunters face disappointment as popular figures vanish from UK stores, replaced by seasonal alternatives amid soaring secondary market prices.
Mark Wahlberg's £50M Florida Mansion Bid
Hollywood A-lister Mark Wahlberg is making waves in Florida's luxury property market with his ambitious pursuit of a stunning £50 million mansion on exclusive Billionaires' Row, marking a significant lifestyle shift from Los Angeles to the Sunshine State.
Lisbon Funicular Crash: Brake Failure Blamed
New investigation findings expose the mechanical failure behind Lisbon's historic Lavra funicular accident that injured over 20 people, raising urgent safety questions about Portugal's ageing transport infrastructure.
Sydney transport chaos: Major delays hit trains and roads
Commuters across Sydney faced severe disruptions on Tuesday as a major police operation closed key roads and train services experienced significant delays, creating chaos during the afternoon rush hour.
Ex-DWP Worker's Universal Credit Warning: 5-Day Rule
A former DWP employee reveals crucial Universal Credit deadlines that could make or break your claim. Discover the hidden rules that could save you from payment delays and sanctions.
Reeves: UK economy in worse state than thought
Chancellor Rachel Reeves delivers sobering assessment of Britain's economic inheritance, revealing deeper problems than anticipated with Resolution Foundation analysis showing significant fiscal challenges ahead.
Bank security alert: 30-second check could stop scammers
Major UK banks including Lloyds, Halifax and Nationwide are urging customers to perform a crucial security check that takes just 30 seconds but could prevent devastating fraud losses.
Melbourne ramen restaurant hygiene failure: mouse droppings found
A popular Melbourne ramen restaurant has been hit with urgent improvement notices after health inspectors discovered alarming hygiene breaches including mouse droppings, food storage violations and poor cleanliness standards.
Miliband's Green Jobs Plan to Transform UK Economy
Energy Secretary Ed Miliband unveils an ambitious strategy to create hundreds of thousands of green jobs while tackling climate change and revitalising British industry.
32 arrested in UK's biggest shoplifting operation
Major police operation targets organised crime networks behind stolen goods sales across the UK, with 32 suspects arrested and luxury items worth millions recovered.
Urgent Egg Recall: Salmonella Risk in Black Sheep Brand
Major egg recall hits UK supermarkets as FDA issues urgent warning about Black Sheep brand eggs potentially contaminated with salmonella. Check your kitchen now.
BondiBoost Founder Buys $60M Sydney Mansion
Alexandra Jakob, the visionary entrepreneur behind haircare sensation BondiBoost, has acquired a breathtaking five-bedroom waterfront mansion overlooking Sydney Harbour for a staggering $60 million in one of the year's most spectacular property transactio
Australian 'Death Tax' Proposal Sparks Boomer Backlash
A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.
American Airlines flight diverts to Omaha after emergency
An American Airlines flight from Los Angeles to Washington DC made an emergency landing in Omaha after crew declared a mid-air emergency, with passengers reporting oxygen masks deploying and moments of panic aboard.
£34 Boots Moisturiser Outperforms £160 Luxury Cream
A professional beauty writer puts two moisturisers to the ultimate test - with astonishing results that will make you rethink your skincare spending.
Hiker killed in Grampians National Park rockfall tragedy
Tragic rockfall incident claims life of experienced hiker Allan Parks at Victoria's Grampians National Park, raising safety concerns about the popular tourist region.
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