Fresh blow to hard-pressed Brit motorists as cost of petrol and diesel soars since Christmas
MOTORISTS are being squeezed at the pumps as freezing temperatures, oil price rises and a weak Pound drive up costs.The wholesale cost of petrol has…
US Inflation Is Set to Back Fed Pause After Robust Jobs Data
Breadcrumb Trail LinksPMN BusinessUnderlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and…
Ed Miliband’s Net Zero obsession is a threat not just to our economy but the survival of Labour’s government
I HAVE said it before and I’ll say it again: when this Government eventually falls – and that is beginning to look as if it…
U.S. hiring improves with a quarter-million new jobs in December
WASHINGTON — The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in healthcare…
US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…
Cost of Britain’s borrowing hits 27 year high sparking fears of more tax hikes
THE cost of Britain’s borrowing hit a 27-year high yesterday — sparking fears of more tax rises.Squeezed Chancellor Rachel Reeves is “within a whisker” of…
Immigration is a higher priority for Americans than it was a year ago, an AP-NORC poll shows
WASHINGTON — More Americans say immigration should be a top focus for the U.S. government in 2025, as the country heads toward a new Republican administration…
Markets react to Germany’s surprise inflation climb to 11-month high
Germany's inflationary pressures resurged strongly in December, exceeding forecasts and reaching an 11-month high, with latest data signalling a persistent challenge for policymakers at the…
Market lookahead: Eurozone inflation and US job data take centre stage
The eurozone’s flash inflation data and the US non-farm payroll will be in the spotlight of the global markets this week. ADVERTISEMENTGlobal markets are set…
High street shops had terrible 2024 with ‘drab’ December month as closures up by 28%
HIGH street shops have had another terrible 12 months — with almost 13,500 closing for good.Around 37 a day shut in 2024, a 28 per…
Major supermarket slashes prices on 100 essentials to match Aldi and Lidl
A MAJOR supermarket has slashed the price of 100 essentials to compete with rivals.Morrisons will price match Aldi and Lidl on everyday items and best-sellers…
FTSE sees its best year since 2021, climbing almost 6 per cent through 2024
The FTSE has seen its best year since 2021, climbing almost 6 per cent through 2024.The UK’s blue-chip index was boosted by a buoyant global…
I’m A Celeb’s Amir Khan slammed for ‘flaunting his wealth’ as he boasts he’s paid CASH for all his homes
BOXER Amir Khan has angered his fans as he's accused of 'flaunting his wealth' amid the current cost of living crisis.The 38-year-old boxer, who currently…
Could France be a riskier bet than Croatia? The bond market will have a say in 2025
French 10-year bond yields are climbing ever higher, showing a mounting concern for the country's finances. But does the current pricing spell trouble for the…
Column: I got some things wrong in 2024. At least I hope I did
WASHINGTON — I spent much of 2024 warning readers that a second Trump presidency would do serious damage to American institutions, beginning with democracy and the…
Column: Jimmy Carter’s accomplishments obscured by reelection defeat
In the lives of public figures a tale often takes hold and that narrative becomes their story.In the case of Jimmy Carter, it goes like…
Exact date millions on state pension to get £473 pay rise in months
MILLIONS on the state pension are set to get a pay rise within months and we reveal the key date to circle in your diary.The Government…
Six reasons to be cheerful about business in 2025 from lower interest rates to revival of British manufacturing giant
IT’S a bit gloomy out there, with fears of another recession and inflation soaring.To stop us festering in a depressive Christmas fug, I’ve scraped the…
Turkey’s Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%.…
Nigeria’s celebratory ‘detty December’ turns sombre amid economic woes | Arts and Culture News
Lagos, Nigeria – Fade Bey’s Decembers are usually packed with activities. In the company of friends and family, she hops from one bar, club and…