UK economy flatlined over April as retail sales were hit by wet weather
APRIL showers hit the economy hard, with retail sales a complete washout and growth flatlining. Official figures released yesterday show there was zero growth in…
Sir Keir Starmer unable to guarantee that fuel duty won’t rise under Labour
SIR Keir Starmer insisted Labour has no plans to hammer drivers at the pump but fell short of guaranteeing no future fuel duty hikes. The…
India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling | Business and Economy News
Indian Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national…
Urgent warning over flight costs as ticket prices are expected to skyrocket this summer
FLIGHT experts have warned travellers that plane tickets will likely skyrocket this summer. A group of aviation industry leaders have revealed that worldwide inflation and…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Australia’s economy grew by 0.1 per cent in March quarter in very weak start to 2024
Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian…
Warner Bros. Discovery raises Max subscription price amid streaming inflation
Warner Bros. Discovery is raising the cost of ad-free subscriptions to its streaming platform, Max. The New York-based entertainment behemoth announced Tuesday that the price…
Top tips to stop equity release spiralling out of control as thousands use option to fund everyday costs or repay debts
THOUSANDS of homeowners are turning to equity release to fund everyday costs or repay debts, Sun Money can reveal. It comes as interest rates are…
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
The harmonised index of consumer prices rose by 2.6% year-on-year in May, surpassing forecasts. Core inflation also increased to 2.9%. This comes as the European…
Live updates: BHP/Anglo deal off, market digests hot inflation data
It's over. The world's biggest miner BHP has walked away from a potential takeover deal for Anglo American, declining to make a firm offer after…
German inflation rises as consumer confidence hits 2-year high
Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high…
Major broadband firm announces summer price hikes for thousands of customers – will you be £36 a year worse off?
A MAJOR broadband firm has confirmed summer price hikes for thousands of customers. NOW is increasing the prices of its broadband tariffs for the second…
Private Credit Chases Japan’s Trillions as Inflation Spurs Shift
Breadcrumb Trail LinksPMN BusinessPrivate credit funds are trying to scoop up more of Japan’s ¥4.5 quadrillion ($28.7 trillion) of financial assets to lend globally, betting…
Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about…
Charting the Global Economy: Easing G-7 Inflation Will Be Uneven
Breadcrumb Trail LinksPMN BusinessInflation is set to ease across Group of Seven economies, according to those countries’ central bankers, but the progress will be uneven.Author…
These Fijian PALM workers spend weekends feeding Australians struggling with cost of living
In a warm and spice-scented kitchen, five Fijian workers lift their voices and sing a tune known widely back home.They're spending their Saturdays off cooking…
Energy bills to fall by £122 for millions in July as new Ofgem price cap confirmed – what it means for you
MILLIONS of households will soon breathe a new sigh of relief as energy bills are to fall again in July. The energy regulator Ofgem has confirmed the new price…
Poll shows inflation-focused voters in swing states favor Trump
Former President Trump narrowly leads President Biden in six of the seven states considered key in this year’s election rematch, an advantage powered by the…
Peter Dutton excoriated Labor in his budget reply while pumping up his own record. But did he stick to the facts?
Opposition Leader Peter Dutton's budget reply speech painted a stark picture of the country's direction under the Albanese government.Manufacturing insolvencies, bulk-billing rates, health spending and…
Economists to have a close eye on April inflation report as BoC rate decision nears
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian Press Nojoud Al MalleesPublished May 19, 2024 • 3 minute read You can save this article by…