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OBR role to be investigated by Treasury Committee
An inquiry into the role of the UK government’s economic forecaster is being launched by a group of MPs, after the body came under intense scrutiny in the run-up to the Budget. The Treasury Committee will examine the Office for Budget Responsibility’s (OBR) first 15 years and consider potential reforms, including any improvements or changes…
Gold and silver hit records as investors hunt for safety
The gold price has hit another record high, trading above $4,400 (£3,275) an ounce for the first time. The price of the precious metal has risen on expectations the US central bank will cut interest rates further next year, analysts said. Gold started the year worth $2,600 an ounce, but geopolitical tensions, the Trump tariffs…
Trump rolls back tariffs on dozens of food products
US President Donald Trump has signed an executive order allowing a range of food products, including coffee, bananas and beef, to escape his sweeping tariffs. The move comes as his administration faces mounting pressure over rising prices. While Trump previously downplayed concerns about the cost of living, he has focused on the issue since his…
