Canada could need deeper interest rate cuts than other economies
Breadcrumb Trail LinksNewsCanadians second only to Australians in the share of their income spent servicing debtPublished Mar 25, 2024 • 5 minute read You can…
Maiduguri Residents Suffer Through 43°C Heat Amid Unexplained Power Cuts
The city of Maiduguri in Borno state, northeastern Nigeria, has been plunged into darkness for several weeks, leaving its residents in a dire situation. The…
Barclays Readies Hundreds of Job Cuts in Investment Bank
Breadcrumb Trail LinksPMN BusinessBarclays Plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong efforts…
US Dollar Bets at Risk as Central Banks Sync on Rate Cuts
Breadcrumb Trail LinksPMN BusinessThe likelihood that central banks are about to embark upon the most synchronized reduction of interest rates since 2008 looks set to…
Seven Charts That Will Guide the Bank of England on Rate Cuts
Breadcrumb Trail LinksPMN BusinessThe Bank of England this week is likely to resist signaling imminent interest rate cuts despite the arrival of new data that…
Rishi Sunak planning to curb benefits to pay for tax cuts in another Budget before General Election
RISHI Sunak will pay for more National Insurance tax cuts by curbing benefits, it has emerged. The Prime Minister is also planning a pre election…
Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts
Breadcrumb Trail LinksPMN BusinessInflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no…
Chris Mason: No fireworks but tax cuts headache for Labour
The Budget gives a glimpse of what will be the big tussles come the election, says our political editor. Source link
Households worse off despite tax cuts – think tank
The chancellor's tax cuts won't make up for earlier tax rises and inflation eating into incomes. Source link
Budget tax cuts are a Tory con, says Keir Starmer
Labour says people are still being asked to pay "more for less", despite a cut to National Insurance. Source link
Birmingham City Council signs off 'devastating' cuts
Full council meeting votes through wave of cuts to services and a rise in council tax. Source link
Tesla's Berlin plant shuts down operations after suspected arson cuts power
Tesla employees near Berlin abandoned its Gruenheide plant on Tuesday after a substation that provides electricity to the facility caught fire in a possible arson…
Birmingham Council to vote on wave of budget cuts
The council declared itself effectively bankrupt last year and is trying to make £300m in savings. Source link
OPEC+ oil giants extend oil output cuts amid economic uncertainty
Russia is among the countries announcing cut extension, announcing an additional voluntary reduction of 471,000 barrels per day for the second quarter. ADVERTISEMENTSome members of…
TikToker's viral £14 under-seat Ryanair bag that cuts airline hand luggage fees
Social media influencer Emily Canham swapped check-in luxury for the viral under-the-seat Amazon bag following the latest trend to ditch airline baggage fees Source link
Furious Geri Halliwell demands scandal-hit husband Christian Horner cuts contact with colleague he ‘sexted’
IT was an anonymous email sent and designed for maximum impact. It landed in my inbox almost 24 hours to the minute since Christian Horner…
A growing hunger: Argentina’s soup kitchens battle Milei’s spending cuts | Hunger News
Buenos Aires, Argentina – It is an unusually hot Friday morning but the line outside the communal soup kitchen in Merlo — a town on…
Government’s overhaul of stage 3 tax cuts pass Senate
In short: The government's amendments to stage three tax cuts have passed the Senate.The overhaul will bolster the benefit of tax cuts for those on lower incomes.What's next? The…
Fed Rate Cuts Are Likely to Be Slow — But Not Necessarily Steady
Breadcrumb Trail LinksPMN BusinessThere’s a saying about how the Federal Reserve manages interest rates: They go up the escalator and down the elevator. This time,…
Torrential rain cuts roads in north Queensland, with warnings of more to come into Sunday
In short: Up to 300 millimetres of rain has caused flash flooding in north Queensland, cutting many roads and stranding residents on islands.The Bruce Highway has…