Australia's Mid-Year Budget Shows $12.6bn Deficit
Treasurer Jim Chalmers unveils a mid-year budget update with a $12.6bn deficit. Discover the spending cuts, economic forecasts, and political implications for Australia's future.
Category : Search result: outlook stable
Senate Estimates Exposes Australia's Fiscal Outlook
Key ministers face intense questioning in Senate Estimates over the national fiscal outlook, cost-of-living pressures, and public service cuts. Get the latest details.
OBR's 'Worst Failure' as Budget Report Leaks Early
The OBR apologised after its Budget forecast was published an hour early, a blunder it called its worst failure in 15 years. Read the full story of the leak and its fallout.
OBR Chief: External Actor May Be Behind Budget Leak
The OBR chairman claims an 'external person' may have accessed Rachel Reeves' Budget plans early. A full investigation is underway. Read the latest on this major security breach.
HP to Cut 6,000 Jobs in AI Restructuring Plan
HP announces up to 6,000 job cuts worldwide as it embraces AI to accelerate innovation. The move comes alongside a lower profit outlook and aims to save $1bn annually.
Bank of England Holds Rates at 4% - Silver Linings Emerge
The Bank of England maintains interest rates at 4%, but experts see encouraging signs beyond the headline figure. Discover why this decision might signal economic resilience rather than stagnation.
Major Microsoft Azure Outage Hits Xbox and Outlook Users
A widespread Microsoft Azure outage has disrupted critical services including Xbox Live, Outlook, and Microsoft 365, leaving users frustrated and businesses scrambling.
UK Economy Contracts at Fastest Pace in 11 Months
Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.
UK Consumer Confidence Plunges to -30 in GfK Survey
New GfK survey reveals British consumer morale hits near-historic lows as households brace for economic challenges ahead of government budget announcement.
Met Office: 'Anticyclonic Gloom' to blanket UK
The Met Office reveals a week of overcast skies and drizzle as high pressure brings what forecasters call 'anticyclonic gloom' to much of the UK, with only brief sunny intervals.
IMF Downgrades US Economy as Australian Tourists Avoid America
The International Monetary Fund slashes US growth forecasts amid Trump administration policies, while Australian travellers avoid America due to economic uncertainty and political tensions.
Week-long 'anticyclonic gloom' forecast for UK
The UK faces a prolonged period of dull, grey weather as high pressure brings widespread cloud cover and limited sunshine across most regions until next week.
IMF Cuts Global Growth Forecast as Trump Tariffs Bite
The International Monetary Fund warns of significant economic damage from new US trade policies, with UK growth projections downgraded amid global uncertainty.
US Winter Forecast: Nor'easters and Heavy Snow Predicted
Exclusive winter forecast reveals America faces a season of intense nor'easters, significant snowfall, and prolonged cold spells that could disrupt travel and energy supplies.
Microsoft Services Crash: Minecraft & Outlook Down
Major Microsoft outage hits millions of users as popular services including Minecraft, Outlook email and Xbox Live experience widespread disruption. Technical issues reported across the UK and Europe.
JPMorgan CEO Dimon Issues Recession Warning
JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.
Scottish Business Confidence Hits Record Low
New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.
UK Economy Grows 0.4% in Q2 - Strongest Since 2021
Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.
OECD: UK to Lead G7 Growth in 2025 as Inflation Falls
The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen
Global Economy Shows Surprising Resilience to Trump Tariffs
The OECD's latest economic outlook reveals a world economy weathering Trump's aggressive tariff strategy better than forecasted, with global growth holding steady at 3.1% despite trade tensions.
Moody's Upgrades Greece Credit Rating in Major Economic Boost
In a major vote of confidence, Moody's upgrades Greece's credit rating to Ba3, highlighting a dramatic economic recovery driven by falling debt and political stability. What does this mean for Europe's former crisis nation?
Sadistic killer of stable girls jailed for life
Twisted double murderer Benjamin Field is sentenced to life for the brutal killings of two stable girls, as his haunting 'I'm free' confession to police is revealed.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
Horse trainer dies in tragic Queensland stable accident
The equestrian community mourns the loss of respected trainer Leanne Hartley, who tragically died after being kicked by a horse at her Queensland property. Emergency services responded but were unable to save the experienced horsewoman.
Met Office UK Weekend Forecast: Sun and Rain Mix
The Met Office's latest UK weather forecast reveals a weekend of sunshine and showers. Find out when and where the rain will hit and the best times to enjoy dry, bright spells.
UK Job Cuts Accelerate at Fastest Pace Since 2021
New data from the Bank of England shows British businesses slashed jobs at the most rapid rate in four years during summer 2025, amid weakening demand and persistent economic pressures.
Microsoft Outlook Email Service Crashes Across Europe
A major Microsoft Outlook and Microsoft 365 email service failure has caused widespread disruption for businesses and users across Europe, with login issues and send/receive errors reported for hours.
BOM Forecast: A Wet Spring Soaking for Australia
The Bureau of Meteorology's Spring 2025 Outlook forecasts above-average rainfall for eastern and northern Australia, with a heightened flood risk following saturated catchments. Southern regions brace for persistent damp conditions.
UK Services Confidence Slumps on Costs and Weak Demand
New data reveals a sharp decline in optimism across Britain's vital services sector, driven by mounting cost pressures and subdued consumer demand, raising concerns for the economic outlook.
US tourist airlifted after shark attack in Bahamas
A US tourist was airlifted to hospital after a brutal shark attack off the coast of Abaco in the Bahamas. The victim suffered severe injuries but is now in stable condition.
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