Heatwaves to cost UK economy £4.4bn – but there’s worse yet to come
Losses could add up to £25 billion by the end of the decade, a new report warns Back-to-back summer heatwaves have wiped £4.4bn from the UK economy so far this…
Gold prices rise again as Middle East conflict and interest rate fears ease
After hitting record high prices early in 2026, gold suffered a surprise sharp dip when the Iran war broke out The price of gold has been on the rise once…
Government piling debt on to future graduates in England, analysis finds
The government is piling mountains of debt and higher tax rates on young people heading to university, according to analysis into the “ticking timebomb” of costs faced by future students.…
Union calls for robust review of OBR over fears it holds back economic growth
The TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibility, claiming the forecaster’s approach holds back investment. With…
Millions in England face longer waits for mental health care as NHS providers plan cuts
Millions of adults and children in England face being forced to wait longer for mental health care, with more than two-thirds of NHS providers planning to cut services and half…
Blow for Burnham as poll shows three in four voters say flagship VAT cut won’t help them pay the bills
Survey found much more support for another policy Mr Burnham has talked about but warned would be expensive – raising the tax-free personal allowance Nearly three-quarters of Britons believe Andy…
Major airline reports huge loss as Iran war sends fuel costs soaring
The budget airline has warned that the aviation industry is set to face major challenges for the rest of 2026 Wizz Air has reported a significant swing to an operating…
‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’
The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London, allowing them to offer self-driving taxi rides to paying customers…
UK millionaires’ biggest fear is higher taxes would hit them harder than war
Ahead of the autumn Budget, potential tax hikes under Andy Burnham are worrying the ultra-wealthy Higher taxes are now the biggest perceived threat to Britain’s millionaires, according to a new…
Next upgrades profit outlook again as it benefits from summer spending
Next has raised hopes that UK shoppers are still willing to spend despite pressures on household budgets, as it upgraded its profit guidance for the third time this year. The…