Lower food and fuel prices drive inflation down to 3%

Security staff at Aberdeen Airport have announced 14 days of strike action in a row over pay. The union said it was left with no option as negotiations with ICTS HBS Security, through the conciliation service Acas, failed to produce a breakthrough. The strikes, involving baggage screening staff, are set to begin on Monday. The…

Andy Burnham has been warned that the UK economy could barely grow next year if disruption in the Strait of Hormuz continues until the end of 2026. Treasury sources have confirmed that internal modelling presented to the new prime minister and chancellor suggests UK GDP growth could be as low as 0.3% in 2027, as…

After weeks of wondering will she, won’t she, and recent heavy hints that she would indeed raise income taxes in the Budget, Chancellor Rachel Reeves has now decided against the manifesto-breaching move. Amid the fog of Budget speculation, here is what we do know. That plan, to raise income tax rates by 2p but compensate…

It’s a chore we all have to do regularly but in 1975 Nationwide went grocery shopping with a couple who bought all their supplies yearly rather than weekly. By borrowing a van and enlisting the help of supermarket staff to push their multiple bulging trollies outside to the carpark, the pair reckoned their £122 annual…

The Trump administration has announced a deal allowing patients to buy prescription drugs at discounted prices via a new website operated by the federal government. The agreement with pharmaceutical giant Pfizer will see prices for some medicines slashed by up to 85% on the direct-to-consumer TrumpRx site, the White House said in a press conference…