News
Fears effects of Iran war will devastate Kent small businesses
23+ hour, 49+ min ago (859+ words) Mihai Macovei, who owns Valerie's wine bar in Ashford, says he fears his business could be "devastated" Small businesses have met in Ashford, Kent, to urge the Chancellor Rachel Reeves to do more to support them as there are fears…...
IMF warns global economy at risk of recession if Iran war persists
1+ week, 1+ day ago (726+ words) Food prices have risen in countries such as Iraq during the US-Israel war with Iran The global economy is at risk of recession if the US-Israel war with Iran continues and high energy prices persist, the International Monetary Fund (IMF)…...
Scotcast - The Economy Debate: tax, spend and creating wealth - BBC Sounds
1+ week, 4+ day ago (65+ words) Catch up on your favourite BBC radio show from your favourite DJ right here, whenever you like. Listen without limits with BBC Sounds. Use BBC. com or the new BBC App to listen to BBC podcasts, Radio 4 and the World…...
How holidays, food and clothes soon cost you more - despite the Iran ceasefire
1+ week, 5+ day ago (454+ words) Fuel costs have already soared, flights and mortgages are also rising - and food could soon do the same. How the cost of holidays, food and clothes is rising - despite the Iran ceasefire Petrol and diesel costs have soared since the…...
Plan 2 student loan interest rates capped at 6% in England
2+ week, 1+ day ago (777+ words) Interest on some student loans in England will be capped at 6% in the next academic year. The government said the cap on Plan 2 and postgraduate loans aimed to protect graduates from the risk of rising inflation due to the Iran…...
Iran war: India's high-growth economy gets a Middle East oil shock
2+ week, 1+ day ago (1155+ words) India imports 60% of its natural gas and more than 90% of LPG from the Middle East It wasn't too long ago that India's central bank, the Reserve Bank of India (RBI), described the country's high growth-low inflation environment as a "Goldilocks…...
US jobs surge unexpectedly in March despite Iran war
2+ week, 4+ day ago (640+ words) Hiring in the US surged last month, despite the energy shock and uncertainty stemming from the US-Israel war in Iran. Employers added 178, 000 jobs, far more than expected, while the unemployment rate dipped to 4. 3%, the Labor Department said. Analysts said the…...
New laws to make it easier to cancel subscriptions
2+ week, 6+ day ago (758+ words) The laws will enable people to cancel subscriptions "with the click of a button". New laws will make it easier to cancel subscriptions and get refunds for unwanted auto-renewals, the government has said. A crackdown on "subscription traps" could save…...
Cumbrian businesses face 'tipping point' over minimum wage rise
2+ week, 6+ day ago (921+ words) Businesses in Cumbria say they are being "hit hard" by rising energy costs and business rates Rising operating costs and wage increases are putting businesses in Cumbria at risk, according to two trade bodies. UKHospitality says two thirds of members…...
What is GDP and how fast is the UK economy growing?
3+ week, 1+ day ago (1054+ words) The government often talks about the importance of economic growth. However, many politicians and economists are concerned that the UK economy is not growing fast enough. Economic growth matters because it affects things like pay increases for workers and the…...