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UK economy being held back by 'five giants' warn business grandees
16+ hour, 9+ min ago (402+ words) A group of business grandees has hit out at the ‘five giants’ putting a straitjacket around the UK economy. In their dire warning, the Prosperity 2030 Alliance – which includes the chairs of FTSE 100 giants NatWest, Diageo and National Grid – said neglect,…...
Stock markets plunge deep into the red as oil prices jump above $100
3+ day, 15+ hour ago (679+ words) By SADIE WHITELOCKS, US SENIOR REPORTER Stocks are in the red for the fourth day in a row as oil prices climbed back above $100 a barrel, raising fears that the six-month war between the US and Iran could push up…...
Fears over winter 'triple whammy' on energy, interest rates and taxes
3+ day, 19+ hour ago (565+ words) Brits could face a winter of discontent amid fears of a 'triple whammy' of rises to energy bills, interest rates and taxes. The economic mood looks to be darkening as the Iran war continues to heap costs on businesses around…...
Alan Kohler makes sincere apology after issuing recession warning
4+ day, 5+ hour ago (649+ words) ABC's top finance guru Alan Kohler has warned another interest rate rise will likely plunge Australia into recession and spark the biggest housing downturn in memory. Kohler issued an apology for sharing the grim prediction, admitting he wished he had…...
Video: Alan Kohler gives urgent recession warning to Australia | Daily Mail Online
4+ day, 8+ hour ago (546+ words) Alan Kohler gives urgent recession warning to Australia. Katie Price, Princess Andre and Kelly Osbourne among NTAs celebs Amanda Holden and Paloma Faith surprise Alan Carr with NTAs song Mo Gilligan takes swipe at Miriam Margolyes after 'racism row' Did…...
Dire warning Australia could become 'next Argentina"
4+ day, 6+ hour ago (896+ words) By SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Australia risks becoming the 'next Argentina' as productivity and living standards decline despite positive headline figures, leading economist Leith van Onselen has warned. During an appearance on 2GB with host Luke Grant, he described Australia…...
Aussie homeowners warned mortgage bills could increase by next month
4+ day, 12+ hour ago (789+ words) By ASHLEY NICKEL FOR DAILY MAIL and TESS IKONOMOU and JACOB SHTEYMAN FOR AUSTRALIAN ASSOCIATED PRESS 12:49 09 Sep 2026, updated 14:33 09 Sep 2026 Experts have predicted a fourth rate hike will be delivered before the end of the month, which would push interest rates…...
Why I'm convinced Britain's in a financial death spiral: GUY ADAMS
1+ week, 1+ day ago (1800+ words) By GUY ADAMS - SENIOR FEATURE WRITER On the 6th floor of a gleaming office overlooking the Barbican, where square-jawed men wear gilets and bark into telephone headsets, the endless computer monitors are a sea of red. It’s Thursday morning at the…...
Brits brace for pain as BoE chief economist urges interest rates hike
1+ week, 2+ day ago (385+ words) Brits are braced for more financial pain after the Bank of England's chief economist urged an immediate hike to interest rates. Huw Pill called for a raising of interest rates to 4 per cent from their current 3.75 per cent as he…...
Mortgage rates could soar after cost of UK borrowing hit 28-year high
1+ week, 4+ day ago (604+ words) Mortgage rates could soar after renewed turbulence on bond markets pushed the cost of UK borrowing to a 28-year high on Wednesday. Yields on 30-year UK bonds, known as gilts, climbed above 5.92 per cent, the highest level since 1998, while 10-year…...