Trump freezes $12bn infrastructure funding nationwide
Former President Donald Trump halts $12 billion in infrastructure funding, freezing hundreds of projects nationwide in a dramatic move that threatens economic growth and job creation.
Category : Economy
Chancellor: Welfare system faces major overhaul
Chancellor Rachel Reeves declares the welfare system cannot remain untouched this parliament, signalling significant reforms ahead of autumn budget amid economic pressures.
Reeves faces backlash over welfare cap freeze
Chancellor Rachel Reeves confronts mounting criticism from MPs and charities after confirming benefits will remain frozen despite economic pressures, sparking heated Commons debate.
Reeves vows no welfare cuts in Labour budget
Shadow Chancellor Rachel Reeves commits to protecting welfare payments in Labour's debut budget while promising tough fiscal rules and economic stability.
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Dad wins £61M after forgetting lottery ticket
A UK father's life changed forever when he discovered he'd won a staggering £61 million EuroMillions jackpot days after purchasing the ticket and completely forgetting about it.
Trump's Truth Social Faces London Stock Suspension
Donald Trump's social media platform Truth Social confronts potential delisting from London's stock market as financial regulators raise concerns over its murky funding and Saudi Arabian connections.
Tokyo population sees first decline in 26 years
Japan's Tokyo metropolitan area records its first population drop since 1996, signalling a dramatic demographic shift amid national population concerns.
Middle-class families face Autumn Statement tax squeeze
Millions of middle-class households face financial strain as the Chancellor prepares his Autumn Statement, with frozen tax thresholds and rising costs creating a perfect storm for family budgets.
Labour's Tax Raid: Pensions & Property Targeted
Exclusive investigation reveals Labour's Rachel Reeves planning sweeping tax reforms targeting pensions, property and savings, sparking fears of financial raids on middle Britain.
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Labour's VAT Cut Plan to Slash Energy Bills
Shadow Chancellor Rachel Reeves announces Labour's emergency budget plan to cut VAT on energy bills, offering immediate relief to families facing financial hardship this winter.
Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Dimon: Cockroaches Infesting Global Economy
JPMorgan Chase CEO Jamie Dimon delivers sobering economic forecast, warning of hidden vulnerabilities and market instability ahead. Discover what the banking titan means by 'cockroaches in the economy' and why investors should prepare for turbulence.
Reeves: Wealthy must pay fair tax share
Chancellor Rachel Reeves announces major tax policy shift, targeting Britain's highest earners with new 'broadest shoulders' principle to fund public services.
Political Division Fuels America's Economic Pessimism
New research reveals a startling disconnect between America's economic reality and public perception, with political tribalism creating a nation divided over its own financial health.
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Reeves: No magic money tree for UK economy
Chancellor Rachel Reeves delivers hard-hitting speech at Wembley, ruling out immediate tax rises while promising tough spending decisions and economic stability.
Labour's 'Bleating Tax' Targets Wealthy in Reeves Budget
Chancellor Rachel Reeves unveils Labour's economic strategy targeting the wealthy with new tax measures while claiming it will strengthen Britain's economy. The controversial plans have sparked debate about fiscal policy and wealth distribution.
UK economy stalls with zero GDP growth in August
Britain's economic recovery hit a roadblock in August with zero GDP growth, casting shadows on Chancellor Rachel Reeves' upcoming budget amid IMF growth downgrade warnings.
UK Economy Stalls with Zero GDP Growth in August
Britain's economic recovery hit a roadblock in August with zero growth, raising concerns about the nation's financial resilience amid ongoing challenges.
UK economy shows zero growth in April, ONS figures reveal
New ONS figures reveal the UK economy showed no growth in April, complicating Rachel Reeves' economic strategy just days after taking office as Chancellor.
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UK economy flatlines with zero GDP growth in April
Britain's economic recovery hit a roadblock in April with zero growth, raising concerns about the strength of the UK's post-pandemic rebound amid ongoing cost of living pressures.
UK Economy Stagnates with Zero Growth in April
Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.
UK economy grows 0.4% in August, Reeves welcomes recovery signs
Britain's economy expanded by 0.4% in August, marking a significant turnaround after months of stagnation. Chancellor Rachel Reeves announces cautious optimism amid ongoing economic challenges.
IFS urges Rachel Reeves to consider welfare cuts in budget
The Institute for Fiscal Studies delivers stark warning to Chancellor Rachel Reeves, stating benefit cuts cannot be ruled out in upcoming budget despite political risks.
Reeves pledges to block Autumn Budget tax rises
Shadow Chancellor Rachel Reeves vows to block Autumn Statement tax increases, promising pro-business reforms and a major ISA overhaul to boost UK economic growth post-Brexit.
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IFS delivers damning verdict on Hunt's Budget
The Institute for Fiscal Studies has launched a scathing critique of Jeremy Hunt's Budget, warning of 'unprotected' public services and fiscal uncertainty ahead of the general election.
Reeves declares economic 'national mission' in budget plans
Chancellor Rachel Reeves announces sweeping economic reforms targeting growth, housebuilding and green investment in first major speech.
Reeves: Wealthy face tax rises in November budget
Chancellor Rachel Reeves confirms wealthy Britons face tax increases as part of Labour's November budget strategy, emphasising 'economic stability' over 'quick fixes'.
Reeves: No 'magic wand' for UK economy
Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.
Reeves courts LVMH for UK luxury investment boost
Labour's first female Chancellor launches charm offensive targeting French luxury giant LVMH, signalling new pro-business approach to economic growth.
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