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OBR productivity forecast may add £20bn to Budget hole
Posted onThe government is facing a bigger-than-expected hole in the public finances as it prepares for next month’s Budget. A downgrade to the UK’s productivity performance from the government’s official forecaster could lead to the chancellor facing a £20bn gap in meeting her tax and spending rules, the BBC understands. Rachel Reeves has confirmed both tax…
US says ‘all options’ on table to help stabilise Argentina’s fiscal turmoil
Posted onGetty Images US Treasury Secretary Scott Bessent has said the US is “ready to do what is needed” to help stabilise Argentina’s escalating financial turmoil. “All options for stabilization are on the table,” Bessent wrote on social media, calling Argentina a “systematically important US ally in Latin America”. The message helped to calm financial markets,…
Pinterest boss says he thinks about Molly Russell every day
Posted onThe boss of Pinterest has told the BBC the death of Molly Russell is a daily reminder of the urgent need to make social media safer for young people. The app – which functions like a digital notice board – hit the headlines when the 14-year-old, from Harrow, in northwest London, took her own life…
Female artists (and Oasis) drove UK music sales in 2025
Posted onMark SavageMusic correspondent Getty Images Olivia Dean’s The Art of Loving was one of 2025’s best-selling albums To almost no-one’s surprise, Taylor Swift dominated the UK music charts in 2025. The star’s 12th album, The Life of a Showgirl, was the year’s biggest seller, shifting an impressive 642,000 copies since its release in October. Women…
A 45% school bus fare hike is too much, says Coventry dad
Posted onA dad-of-two wants a bus operator to reconsider its charges for a popular school route amid plans for a huge fare hike. Ambi Ambituuni’s daughter currently uses the 85 bus operated by National Express to travel between her home in Coventry and her school in Rugby – journeys costing £165 a term. From January 2,…
