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News
âBurnham bounceâ risks deflating unless focus remains on struggling households | Richard Partington
43+ min ago (868+ words) UK’s inequalities expose splits in consumer economy, with spending suffering and a decline in savings among the poorest A “Burnham bounce”, sunshine and a strong World Cup run for the men’s England football team. Could this be a turnaround moment…...
Trump’s latest tariffs put UK at disadvantage to the EU, say experts
1+ day, 20+ hour ago (572+ words) While overall levy for UK is unchanged, sectors not covered by Turnberry deal face tougher competition Donald Trump’s latest round of tariffs has put UK businesses at a disadvantage against the EU even though the overall tariff for London has…...
White House trails announcement on tariffs amid reports of new duties
2+ day, 15+ hour ago (268+ words) Trump officials say they will announce next phase of US trade policy as 10% global tariffs are due to expire on Friday Donald Trump’s administration will unveil the latest stage of his aggressive trade policy on Thursday, the White House has…...
Gary Lineker wants millionaires like him to pay wealth tax – The Latest
2+ day, 16+ hour ago (153+ words) Millionaires including former footballer Gary Lineker are asking Andy Burnham to tax their wealth more. More than 100 UK-based millionaires have signed an open letter to the prime minister, saying: ‘We want you to tax us. We can afford it.’ So…...
US trade chief defends tariffs as Democrats say Trump ‘in denial’ over price hikes
3+ day, 12+ hour ago (453+ words) Jamieson Greer denies tariffs have pushed up prices during grilling from lawmakers over cost-of-living concerns Donald Trump’s chief trade official denied the president’s sweeping tariffs have increased prices for US families, as lawmakers challenged him over cost-of-living concerns across much…...
Think you have a handle on how Australia’s economy works? Take the RBA’s quiz and find out
3+ day, 17+ hour ago (413+ words) The Reserve Bank wants Australians to understand how its interest rate decisions affect inflation, employment and growth Economics is a word we are all familiar with, but knowing is different from understanding. The Reserve Bank has released its latest public…...
UK inflation falls to 2.6% in lift for Burnham’s cost of living plans
4+ day, 2+ hour ago (186+ words) Annual June figure comes after new PM pledges to reduce pressure on households and improve economy UK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living. The…...
Two in five Americans believe stock market only serves the top 1%
4+ day, 20+ hour ago (520+ words) Exclusive Harris poll for Guardian reveals Americans’ assumptions about stock market and wider economy Two in five Americans believe the stock market isn’t for them and only benefits the top 1%, according to a new Harris Poll poll exclusive to the…...
UK borrows less than expected in June in boost for Burnham
5+ day, 1+ hour ago (586+ words) Figure of £16bn from ONS comes after new prime minister revealed plans to cut VAT on electricity bills The UK government borrowed less than expected in June, in a boost for Andy Burnham as he set out plans to cut VAT…...
UK employers cut job vacancies as Burnham aims to lift living standards
5+ day, 1+ hour ago (409+ words) Unemployment holds steady at 4.9%, underlining the challenge facing the new prime minister Employers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East. Job…...