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Energy costs in Wales – how much will they rise by and what help is there?
With colder weather on the way, millions of households in Wales face another spike in energy costs. From 1 October, 2025, the price for energy for a typical household will go up by 2% to £1,755 per year. Bills are significantly lower than they were at the peak of the energy crisis, but another winter…
US-China trade tensions back as port fees take effect
The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s two biggest economies increase. China says its levies aim to safeguard the country’s shipping industry from “discriminatory” measures and apply to US-owned, operated, built, or flagged vessels but not Chinese-built ships. It comes in…
Demand for online jewellery boosts December retail sales
Demand for online jewellery helped boost retail sales in December, despite a difficult festive period overall for retailers, figures show. Sales were up 0.4% from the previous month, the Office for National Statistics (ONS) said, citing online jewellers reporting an increased demand for precious metals such as gold and silver. Internet shopping performed well, while…
Government borrowing costs jump on reports of Reeves dropping income tax rise
Reuters UK government borrowing costs have risen in reaction to reports the chancellor will not increase income tax in the upcoming Budget. The interest rate on 10-year government bonds, known as the yield, jumped to 5.56% from 5.44%, indicating the cost to government if it chose to borrow over this length of time. The jump…
Why Croatias capital wants to hold the best Christmas market
Guy Delauney Balkans correspondent AFP via Getty Images Zagreb’s Christmas market was voted the best in Europe three years in a row Christmas markets are not just tradition across Europe, they are big businesses that give cities a huge economic boost every December. For Zagreb, the capital of Croatia, it is an effective way of…
