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US economy grows at fastest pace in two years
Posted onNatalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…
Rising food bank use in Guernsey a sad picture of our community
Posted onHe added: “Making certain services free to access, even if they’re paid for elsewhere, adjusting benefit rates so that at least you ensure the lowest income households are adequately protected, or otherwise you’re looking at, sort of, trying to control costs in other ways such as rent control.”
Vicious circle of costs fuelling crisis, says Northampton trader
Posted onWhile Philip Weston, a farmer from Hartwell, Northamptonshire, warned of further protests by farmers saying “The government is not doing enough to help us . If the cost of fertiliser doesn’t come down we are seriously looking at drawing back on arable crop production.”
Oil slides after US-Iran ceasefire deal to open Strait of Hormuz
Posted onIn a social media post on Tuesday evening, Trump said: “I agree to suspend the bombing and attack of Iran for a period of two weeks… subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz”.
Trump’s sweeping new tariffs take effect against dozens of countries
Posted onOsmond Chia Business reporter, BBC News Getty Images US President Donald Trump’s sweeping new tariffs on more than 90 countries around the world have come into effect. Moments before his deadline passed for countries to negotiate US trade deals, Trump posted on his Truth Social platform that billions of dollars were now flowing into his…
