Prospective buyers and homeowners in the UK are facing a “catastrophic” shift in the lending market as fixed-rate mortgages continue to trend upward. Despite a diplomatic pause in the Middle …
Economics
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Canadian factory owners reported a difficult start to the year as manufacturing sales dropped to $68.7 billion in January. The 3% decline was largely expected following news of production pauses …
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The UK’s economic recovery hit a wall in January, as official data showed a total lack of growth following a month of intense geopolitical and fiscal uncertainty. The 0% GDP …
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The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …
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Hopes for a reprieve from high borrowing costs have been dampened by the economic fallout from the escalating US-Israel-Iran conflict. The OBR has cautioned that the resulting energy price shock …
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A new report from the Labour Rural Research Group has sounded the alarm on a brewing energy crisis for the 1.5 million UK homes reliant on heating oil. As war …
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The aftermath of the budget has descended into a bitter war of words, with the Conservative Party branding Labour’s economic strategy as a failure. Leading the charge, Tory leader Kemi …
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The Labour government has defended its decision to increase taxes on landlords and properties worth over £2 million as part of a fair approach to raising revenue while minimizing the …
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Chancellor Rachel Reeves introduced mileage-based charges for electric vehicles as part of a sweeping £26 billion tax increase package designed to stabilize public finances while funding cost-of-living relief measures. The …
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Citing “severe competition” and unfair market conditions, American companies are aggressively petitioning the US government for a massive expansion of import tariffs. In an 11-page plea to the Commerce Department, …