Latest News
- NASA administrator Jared Isaacman discusses agency’s plans on Face the Nation
- Police search for drink-driving father after fatal crash involving his daughter
- Questions arise over potential cannibalism in four-year-old boy’s murder
- Serbia prepares for EXPO 2027 amid ongoing EU accession discussions
- Ukraine strikes major oil terminal in St Petersburg amid conflict escalation.
- Nigel Farage failed to disclose funds from convicted fraudster, report says
- Three injured and two arrested following assault near Beacon Hill Park in Victoria
- Trump celebrates America’s 250th anniversary and criticises communism in July 4th address
Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
Official revised growth figures show Japan has avoided falling into a technical recession. The new data shows GDP was 0.4% higher in the last three months of 2023 compared to a year earlier.
The chancellor’s “squeeze” on local councils leads the Financial Times, as the paper reports Jeremy Hunt has “wound down” a scheme providing millions of pounds for social housing.
Wednesday’s budget will be one of the last set pieces the Tories have to win back the British public ahead of the general election. Yet Hunt’s approach shows the difficult balance he must strike between the desires of the electorate, the fiscal realities and the backbenchers nervously looking at their own majorities
It is the last scheduled Budget before the next general election – expected in the second half of the year.
People earning up to £80,000 can now claim child benefit The maximum threshold for claiming…
Chancellor Jeremy Hunt announced fuel duty will be frozen for another year when he announced the Spring Budget 2024 this afternoon.
© 2026 WTX News.