A furniture maker supplying M&S and John Lewis, historic pottery firm Denby, and three other UK businesses have entered administration, citing unsustainable operational expenses and funding challenges.
Experts warn that rising gas and travel costs are just the start, with the Iran conflict driving up prices across the economy due to oil market volatility and supply chain disruptions.
Tom Blake, a 29-year-old from Canada, has tested dozens of side hustles and shares the most lucrative options that require little work, from paid surveys to reward apps.
Senegal has banned nonessential foreign trips for government ministers to cut costs, responding to soaring oil prices from the Iran war that threaten its economy and worsen hardships for millions in Africa.
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Debt experts warn thousands of households are on a 'knife-edge' with arrears up to £15,000. Six practical steps to reduce energy bills and avoid financial crisis as prices may rise after July.
A leading Australian economist criticises the government's temporary fuel excise reduction, warning it will increase demand, add to debt, and fuel inflation.
British households and businesses face soaring costs as oil prices surge following the Iran war, with pensioners shivering in bed and pubs warning of price hikes.
From April 6, 2026, approximately 300,000 UK home workers will lose their HMRC tax relief allowance, saving the Treasury £115 million over five years but costing individuals up to £124 annually.
Richard Walker, Keir Starmer's cost of living adviser, calls for extending the 5p fuel duty cut beyond September as petrol prices surge due to Middle East tensions.
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The UN reports a 2.4% rise in food prices in March due to Middle East conflict, with vegetable oil and sugar up 5% and 7%. UK food prices could increase 9% by 2026, impacting supply chains.
Supermarket boss warns Australians will pay at least 20% more for groceries for six months due to Middle East war disrupting fuel supplies, affecting fruit, vegetables, meat and milk prices.
As Middle East tensions escalate, energy giants reap massive windfalls while ordinary Britons face soaring bills. This opinion piece argues for urgent windfall taxes and criticizes Reform UK's economic policies.
Sir James Dyson accuses Chancellor Rachel Reeves of 'revenge economics', warning that inheritance taxes on farmers and delays in North Sea drilling threaten UK security and self-sufficiency.
Exclusive analysis reveals energy executives' shareholdings have surged by £66 million since the Iran war began, while UK households face soaring fuel and energy bills, with experts warning of further financial pain ahead.
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Child Benefit payments are set to rise by 3.8% from April 6, 2026, boosting weekly rates for millions of families. Learn about eligibility, high-income charges, and changes to the two-child benefit cap.
Pakistan faces a record fuel price hike of up to 54% for petrol and diesel, driven by Middle East conflict and global oil surges, intensifying inflation and living costs nationwide.
Millions of Australians have scrapped Easter travel plans due to soaring fuel prices caused by the Iran war and Strait of Hormuz blockade, with retirees and young professionals staying home.
Lionel Barber, former Financial Times editor, warns Britain must become more business-friendly and harness AI to regain lost economic ground, as he joins Capitol AI's advisory board.
HMRC has issued an update on tax rules for state pensions, addressing queries about deductions. The state pension rises by 4.8% in April, with no tax deducted at source, and key changes to pension age are outlined.
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Benefit recipients must budget carefully as DWP payments arrive early in April and May due to Easter and bank holidays, creating longer gaps between payments.
Australia's 2026 Rich List reveals familiar mining and tech giants, but new entrants like White Fox founders Daniel and Georgia Contos skyrocket to $1.42 billion through celebrity endorsements.
A simple typo in New York state tax documents caused over 50,000 taxpayers to receive incorrect refunds or demands for extra payments. Officials say the issue is fixed, but refund delays persist.
A DWP minister has updated MPs on a state pension forecast error, revealing that up to 800,000 people received inflated predictions due to contracting-out issues.
Scottish First Minister John Swinney faces fierce criticism from business leaders for refusing to halt steep business rate increases, with warnings of soaring unemployment and closures.
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Americans now believe they need $1.5 million to retire comfortably, a $200,000 increase from last year, driven by inflation, healthcare cuts, and Social Security uncertainty.
Experts warn that fuel rationing and a global recession could be just months away, amid geopolitical tensions and economic instability worldwide.
Greece's innovative 'household basket' programme combines price controls with digital transparency to combat inflation, offering valuable insights for nations grappling with cost-of-living crises amid economic uncertainty.
President Trump's pledge to keep hitting Iran 'extremely hard' for weeks, with no clear end to the conflict, triggered a surge in oil prices and a global stock market sell-off, exacerbating economic turmoil.
Oxford Economics warns prolonged Middle East conflict could slash world GDP growth to 1.4% by 2026, with Strait of Hormuz closure causing a 12% oil shortage and widespread fuel rationing.
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One year after Donald Trump's 'liberation day' tariffs, analysts report economic decline, job losses in manufacturing, and waning investor confidence in the US.
