Iran War Dashes Reeves's Economic Recovery Hopes
UK unemployment unexpectedly rises to 5% amid Iran war, with weak pay growth and falling payroll jobs, dashing Rachel Reeves's hopes for economic stability in 2026.
Category : Economy
Stefanovic and McGuire Join ARN for New Show
ARN hires Eddie McGuire and Karl Stefanovic to host new show The Long Weekend after losing $22m in revenue from the cancelled Kyle and Jackie O Show, amid $160m lawsuits.
Millions Face Pay Squeeze as UK Jobs Market Worsens
UK unemployment rises to 5% and vacancies fall to 705,000, while wage growth slows to 3.4%, below inflation at 3.3%, signaling a real-terms pay squeeze for millions.
New Build Homes Could Save £400 on Energy Bills
New build homes could save homeowners £393 annually on energy bills, with potential savings rising to £444. Experts also offer tips for older properties.
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15 Million UK Workers Under-Saving for Retirement
The Pensions Commission warns 15 million Brits face retirement insecurity, with numbers set to rise to 19 million without action. Women, low earners, and self-employed hit hardest.
DVLA Alert: EV Tax Threshold Change Could Cost £2,200
The DVLA warns electric car buyers: vehicles priced over £50,000 incur a £640 annual tax for five years. Under-threshold EVs pay just £200 yearly.
UK Unemployment Rate Rises as Labour Market Cools
The UK unemployment rate has risen to 4.2%, according to the ONS, signalling a cooling labour market under the Labour government's first full month in power.
UK Family Moves to Greek Island for £99 Weekly Rent
A family escaped the UK cost of living crisis by moving to Lefkada, Greece, where rent is £99 weekly and olive oil is free, enjoying a richer life for less.
India to Continue Russian Oil Imports Despite US Waiver End
India will continue purchasing Russian crude oil regardless of US sanctions waivers, as imports hit record levels amid Middle East supply disruptions from the Iran war.
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Curtis Jones Transfer: Liverpool Face Good, Bad, Swap Deals
Liverpool face three scenarios for Curtis Jones: a £35m fee, a damaged relationship after backing Salah, or a swap with Inter's Dumfries.
Man Utd Could Trigger £69m Araujo Release Clause
Michael Carrick's permanent tenure at Manchester United could begin with the £69m signing of Sporting CP left-back Maxi Araujo, who has attracted interest from multiple Premier League clubs.
Aussie Business Owner Backs Tax Reforms, Criticises Misleading Posts
Alan Ng, founder of Glenorie Coaches, praises Albanese's capital gains tax changes, arguing they target the wealthy and help future generations, despite investor backlash.
UK Eurovision 2026 Entry Reacts to Last Place Finish
Sam Battle, performing as Look Mum No Computer, came last at Eurovision 2026 with one point, but praised Bulgaria's win and fans' support.
Asian Shares Mixed as Oil Swings on Iran War Uncertainty
Asian shares traded mixed Tuesday, with South Korea's Kospi falling nearly 4%, as oil prices continued to swing amid uncertainty over the Iran war and its impact on global markets.
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Japan's Economy Grows 2.1% Annualized, Led by Consumer Spending
Japan's economy expanded at an annualized 2.1% in Q1 2026, driven by consumer and business spending despite rising energy costs from the Iran war.
Brighton Grammar student exposed for vile message to AFL star
A student from elite Brighton Grammar School in Melbourne sent a disturbing message to Adelaide Crows player Josh Rachele, telling him to 'end your life please' on Instagram. The school made the pupil apologise and took disciplinary action.
Sydney and Melbourne Housing Markets Slump
Australia's housing market cools sharply, with Sydney auction clearance rates hitting lows unseen since April 2020. Melbourne also sees declines amid rate hikes and tax changes.
Karl Stefanovic and Eddie McGuire Launch 'The Long Weekend' on ARN
Media veterans Karl Stefanovic and Eddie McGuire are set to co-create a new entertainment format, 'The Long Weekend,' on Australian Radio Network, launching June 19, 2026.
MTV Star Learned She Was Pregnant After Heroin Overdose
Jessica Cunningham, from MTV's 16 and Pregnant, discovered she was pregnant after waking from a heroin overdose coma. She credits her daughter as her 'miracle baby' and has since stayed sober.
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SNP Calls on Reeves to Expand Family Aid in Cost Crisis
SNP economy spokesperson Kirsty Blackman urges Chancellor Rachel Reeves to provide broader support for families, including the 'squeezed middle', amid rising energy costs and the Gulf crisis.
15 Million Under-Saving for Retirement, Warns Commission
The Pensions Commission warns 15 million people are under-saving for retirement, urging a new national settlement to address the crisis affecting women, low earners, and the self-employed.
Harry Styles Wembley Gig Spending to Top £1bn
Fan spending for Harry Styles' 12-night Wembley residency is projected to reach £1.1 billion, with average expenditure per ticket-holder at £981, according to Barclays.
Arteta jokes he'll be 'biggest ever' Bournemouth fan
Arsenal boss Mikel Arteta says he will be Bournemouth's biggest fan as they face Man City, with the Gunners one win from their first title in 22 years.
One in Five Brits Fear AI Job Losses Could Spark Unrest
A new survey reveals over half of Britons anticipate widespread AI-driven unemployment, with 22% fearing job losses could trigger civil unrest. Researchers note 'more fear than excitement' about AI advances.
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Child poverty rises in UK working households, study finds
New research shows 430,000 children in UK are at risk of poverty despite all adults in full-time work, with nearly three-quarters of poor children in working households.
Double Red Lines in Peak District to End Parking Chaos
Double red lines have been painted in the Peak District to stop parking chaos, with instant £70 fines for violators, aiming to improve access for residents and emergency services.
Odegaard: Arsenal Ready to Take Trophies Home
Arsenal captain Martin Odegaard insists the team is ready to win the Premier League and Champions League after a 1-0 victory over Burnley.
Beef and Tomato Prices Hit Record Highs in US
Beef and tomato prices reach record highs in April 2026, with ground beef at $6.90/lb and tomatoes up 40% year-on-year, straining summer barbecue budgets.
De Zerbi: Use Chelsea hatred as fuel for survival
Roberto De Zerbi wants Tottenham to channel Chelsea's animosity into securing the point needed to avoid relegation, drawing on pride and rivalry ahead of Tuesday's clash.
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Guardiola Values Memories Over Tributes at City
Pep Guardiola says memories of his Manchester City tenure matter more than named tributes, as he prepares for his final Premier League game against Aston Villa.
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