Mixed economic forecast weighs heavy ahead of midterms
There was a mixed Halloween bag of economic news this week. GDP growth is up, but so are prices. For now at least, interest rates are staying the sam...
OBR slashes UK growth forecast for 2027 despite Healey’s budget measures
Outlook for living standards also downgraded as part of impact of Middle East conflict on economyHealey offers £100 payment to households to help navi...
Southern California prepares for flooding amid forecast of ‘record-breaking tides’
Residents of coastal communities told to avoid beaches during high tides and keep further away from the ocean than usualSouthern California coastal co...
Storm Austen brings power cuts and travel disruption as more wind and rain forecast
Millions remain under yellow weather warnings for wind and rain, with a second storm expected to hit Scotland and parts of northern England on Saturda...
Yellow severe weather warning issued for first named storm of season with gusts of up to 60mph expectedThe first named storm of the season, Austen, is...
China’s economy grows faster than forecast after AI boom boosts exports
Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demandBusiness live – latest updatesRoaring exports...
English councils warn of ‘catastrophic’ Send debts forecast to hit £10bn by 2028
Surge in EHCP applications poses risk to public finances and may lead to deteriorating levels of supportCouncils are warning of potentially “catastrop...
Hurricane Isaias forecast to bring dangerous storm surge, with millions under warnings in US
Residents in areas from the mouth of the Mississippi River to Florida urged to ‘evacuate if told to do so’Millions of people from Louisiana to Florida...
Tesco lifts profit forecast and says consumer confidence is resilient
Sales rise 2% to £33.8bn in the past six months, helped by strong trade onlineBusiness live – latest updatesTesco has raised its annual profit forecas...
Tropical Storm Isaias near Mexico is forecast to become a hurricane
Isaias, which succeeded Tropical Depression Nine, would be the first hurricane of the belated Atlantic seasonTropical Storm Isaias formed early on Wed...
Shell refineries forecast to make double the profit from every barrel of fuel
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and RussiaShell’s refineries are expected to make almo...
Parts of Victoria could see three months’ worth of rain as storms forecast for Australia’s south-east
BoM expects 30 to 50mm of rain to fall in Melbourne over coming days, with showers and storms also likely for Canberra and Sydney on SaturdayFollow ou...
Energy bills in Great Britain forecast to jump by £276 a year from January
Cap poised to rise by 16% to equivalent of £1,999 for dual-fuel bill as impact of Iran war puts squeeze on homesHousehold energy bills in Great Britai...
More Australians to live into their 90s as life expectancy forecast to rise over coming decades
Treasury’s latest intergenerational report projects life expectancy at birth will reach 89 for women and 86 for men by 2065/66Australian households wi...
IMF downgrades Australian economic forecast amid fears of interest rate hike
Global financial institution predicts Australia’s GDP will grow to just 1.6% in 2027 as Treasury faces rising energy costs and inflationGet our breaki...
French winemakers forecast 30-year low harvest after severe drought and heat
Estimates suggest drop in production with vineyards also concerned ‘smoke taint’ from wildfires may affect qualityFrench vineyards hit by severe droug...
Sydney set to hit 33C in warmest start to spring since mid-1800s – while snow forecast in southern NSW
A total fire ban is in place for greater Sydney with extreme fire danger exacerbated by hot and windy conditionsGet our breaking news email, free app ...
England braces for flooding as thunderstorms forecast in parts of UK
Festivalgoers brave rain and strong winds as ‘unsettled’ conditions expected to last over bank holiday weekendHeavy rain is expected over the weekend,...
Forecast energy price cap rise in Britain could push UK fuel bills up 4% this winter
Expected quarterly rise highest in three years and likely to wipe out Burnham’s VAT cut on electricity billsHousehold energy bills across Great Britai...
