Jeremy Hunt has warned interest rates must be cut because of the financial “pain” families are going through. The Chancellor said that rates should be slashed from their current 5.25 percent because inflation has started to plunge. Mr Hunt’s remarks came during
Councils across England are going bankrupt because of poor financial management rather than a lack of funding, according to a watchdog. Lord Morse, chair of the Office for Local Government (Oflog), said that all town halls in special measures were failing because
The US is heading towards the biggest economic crash in our lifetime, an outspoken economist has warned. Harry Dent, the founder of HS Dent Investment Management, said: “Since 2009, this has been 100 percent artificial, unprecedented money printing and deficits; $27trillion over
China is facing a severe economic crisis as a record number of borrowers face defaults in echoes of the 2008 global financial crash. Defaults by Chinese borrowers have surged to an unprecedented level since the Covid pandemic as the country faces huge
North Korea is closing more embassies in Africa and South Asia — the latest in a string of diplomatic missions to be recently shuttered. The dictatorship’s embassies in Bangladesh and the Democratic Republic of the Congo are expected to cease operations, according
North Korea is closing more embassies in Africa and South Asia — the latest in a string of diplomatic missions to be recently shuttered. The dictatorship’s embassies in Bangladesh and the Democratic Republic of the Congo are expected to cease operations, according
Arsenal star Thomas Partey’s injury is reportedly worse than first feared in a major blow to Mikel Arteta. Partey’s campaign has been disrupted by two separate injuries with a fresh issue likely to keep him out for a lengthy period. Arteta confirmed
North Korea has been fueling speculation about its upcoming financial collapse as Pyongyang this week authorized the closure of yet another of its embassies. Reports emerged on Friday claiming King Jong-un approved the closure of the nation’s diplomatic offices in Nepal. The
The players in England’s under-17 squad that won the World Cup in 2017 have embarked on a variety of different career paths over the last six years. Some members of the side have moved for huge transfer fees to the world’s biggest
North Korea continues shutting down many of its limited embassies around the world, furthering suspicions of an ongoing financial crisis. The hermit kingdom is shutting down its embassy in Nepal, according to reports published Friday. This is at least the fifth country