Woking gets £500m bailout in council shake-up
The bankrupt Woking Borough Council secures a massive government rescue package as Surrey County Council takes control of key services in a dramatic local government overhaul.
Category : Search result: local markets
Woking Council declares bankruptcy with £1.9bn debt
Woking Borough Council faces financial collapse with a staggering £1.9bn deficit, joining a growing list of UK local authorities in crisis. Discover how risky investments and government funding cuts created this perfect storm.
Trump Declares Economic Victory as Markets Surge
In an explosive trading session, global markets erupted following Donald Trump's bold declaration of economic victory, with the Dow Jones posting its largest single-day gain in history amid what analysts are calling 'frenzied disbelief'.
China's Economic Growth Slows Amid Property Market Crisis
Fresh economic data reveals China's growth hitting its slowest pace since the pandemic era, with falling house prices and stock market jitters creating a perfect storm for the world's second-largest economy.
Magical Budget Christmas Markets in Europe
Discover enchanting European Christmas markets that won't break the bank. From Germany's festive gems to Eastern Europe's hidden treasures, find your perfect budget-friendly winter getaway.
London's Hidden Christmas Gem: Greenwich Market
Escape the holiday crowds and uncover London's most magical underrated Christmas market in historic Greenwich - complete with artisan gifts, festive food and riverside charm.
US Dollar Faces Worst Week Since August on Trade Fears
The US dollar faces its steepest weekly decline since August as escalating trade tensions and Federal Reserve uncertainty rattle global markets. Discover how this impacts stocks, bonds, and international trade.
Council Tax Crisis: Local Authorities Demand Funding Overhaul
UK councils issue urgent warning to Chancellor Rachel Reeves as financial pressures threaten essential services including social care, libraries and bin collections.
Cardiff Council abolishes cabinet system in governance overhaul
Cardiff Council votes to abolish its cabinet model, returning to a committee system that promises greater transparency and cross-party involvement in decision-making.
NZ Government Dramatically Cuts Māori Council Representation
New Zealand's coalition government has dramatically reduced guaranteed Māori representation on local councils, cutting dedicated seats by more than half in a move critics call a devastating blow to indigenous rights.
Labour warned against local election complacency
Shadow Commons leader Lucy Powell cautions Labour against complacency in upcoming May local elections, warning that writing off contests could prove costly for Starmer's government.
Nobel Peace Prize Betting Frenzy Sparks Ethics Controversy
The Nobel Peace Prize faces unprecedented scrutiny as cryptocurrency prediction platform Polymarket attracts massive betting activity, raising ethical concerns about gambling on global peace efforts.
Google faces UK regulatory overhaul after watchdog decision
The UK's competition watchdog has designated Google with special status, potentially forcing significant changes to how the tech giant operates its search engine for British users.
Europe's Most Magical Christmas Markets for 2024
From traditional German gems to enchanting Eastern European wonders, explore our ultimate guide to Europe's most spectacular Christmas markets that promise unforgettable festive magic.
Global Markets Rally as Tech Stocks Surge and BOJ Holds Steady
Major stock markets worldwide experienced significant gains as technology shares led the charge and the Bank of Japan maintained its current monetary policy, sparking investor optimism across global financial hubs.
Kent Council declares financial emergency amid budget crisis
Kent County Council faces financial meltdown, proposing unprecedented council tax hikes and sweeping service cuts to avoid effective bankruptcy. Local residents brace for impact as authority warns of 'difficult decisions' ahead.
Spain's Cheapest Food & Wine Cities Revealed
Uncover Spain's most affordable culinary destinations where local markets offer incredible value for foodies and wine enthusiasts seeking authentic experiences without breaking the bank.
Yen crashes to decades low as Nikkei hits record high
The Japanese yen crashes to its weakest level in decades while the Nikkei hits record highs following Sanae Takaichi's election victory. Gold continues its spectacular rally, nearing the $4,000 milestone as global markets react to Japan's political shift.
Labour unveils radical devolution plans for local power
Senior Labour figures Lucy Powell and Bridget Phillipson announce ambitious plans to devolve significant powers from Whitehall to local communities, marking a fundamental restructuring of British governance.
Trump's Wall Street comments spark Asian market turmoil
Former US President Donald Trump's controversial comments about Wall Street during Manila rally trigger market turbulence across Asia, with analysts warning of economic instability.
Nottinghamshire Council Reverses Journalist Ban
A Reform UK-led council in Nottinghamshire has reversed its decision to bar local journalists from meetings following widespread criticism and accusations of undermining democracy.
Asian Markets Rally as KOSPI Hits 22-Month High
Asian markets surged with South Korea's KOSPI reaching its highest level in nearly two years, while Philippine stocks hit record highs as investor confidence grows across the region.
US Shutdown Fears Rattle Global Markets
As America faces another potential government shutdown, financial markets brace for impact. Discover how this political stalemate could affect your investments and the global economy.
2024 Christmas Markets: Your Guide to Europe's Festive Magic
Discover the most enchanting Christmas markets in Europe for 2024, from Vienna's imperial splendour to Prague's fairy-tale charm. Plan your perfect winter getaway with our expert guide.
Reform UK Launches Trump-Style Boycott of Nottingham Post
Reform UK councillors in Nottinghamshire launch a Trumpian media boycott against the Nottingham Post, accusing it of biased reporting on their first 100 days in power. The dramatic move escalates tensions between the new administration and local press.
Jet2 Adds New Christmas Market Flights to Cologne & Vienna
Jet2.com and Jet2CityBreaks have unveiled exciting new Christmas market flights and city breaks to Cologne and Vienna for Winter 2024/25, departing from 10 UK airports. Get the full schedule and booking details for the ultimate festive getaway.
Asian Markets Tumble on US Fed Rate Fears
Asian stock markets plunged sharply as fears of prolonged high US interest rates triggered a global sell-off. The Bank of Japan's intervention and regional banking concerns amplify the financial turmoil.
Vienna's Fairytale Christmas Market Guide 2024
Discover Vienna's enchanting Christmas markets for 2024. From the spectacular Rathausplatz to hidden gems, find opening dates, must-try food, and unique gifts in Europe's most magical winter destination.
Lewes Launches Local Currency Voucher Scheme to Boost Economy
The historic town of Lewes in East Sussex revives its iconic local currency with a modern voucher system to support independent businesses and strengthen community resilience post-pandemic.
Epping Forest Council declares 'independence' from government
In a bold political statement, Epping Forest District Council has symbolically declared independence from the UK government in protest against chronic underfunding and the 'broken' council tax system, vowing to withhold part of its payments.
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