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Households face dismal rise in spending power, says IFS
Pritti Mistry,Business reporterand Archie Mitchell Getty Images Households are facing a “truly dismal” increase in living standards after the Budget, the head of an influential think tank has warned as it accused Labour of breaching its manifesto promise. Average disposable income – a measure of people’s earnings after tax – will rise by just 0.5%…
CIA director had two-hour meeting with new Venezuelan leader in Caracas
Reuters CIA director John Ratcliffe met Venezuela’s Interim President Delcy Rodríguez in Caracas on Thursday “at President Trump’s direction,” a US official has said. The two-hour meeting was aimed at building trust and communication following the US seizure of Venezuela’s former president Nicolás Maduro almost two weeks ago. Ratcliffe and Rodríguez discussed potential economic collaboration…
Will we see signs of economic growth in 2026?
Andrew SinclairEast of England political editor, Colchester Andrew Sinclair/BBC More than 330,000 people used foodbanks in the East of England in the last year. A notable fall in numbers in 2026 would show that cost of living pressures are easing. Opinion polls suggest just over half of voters see the economy and the cost of…
