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UK Homebuyers Face Worst Mortgage Affordability Since 2008, UK Finance Reports

UK homebuyers face the highest mortgage affordability pressures since 2008, with significant regional disparities and increased costs following the Iran war, UK Finance reports.

3 min read

UK 30-Year Borrowing Costs Reach Highest Since 1998 Amid Oil Price Surge and Political Uncertainty

UK 30-year borrowing costs hit highest since 1998 amid oil price surge and political uncertainty. UK car sales rise driven by EV demand. HSBC profits fall due to Iran war impact and fraud. Philippines inflation hits 3-year high amid rising costs.

12 min read

Edinburgh Winter Festival Boosts City Economy by £241m, Report Finds

Edinburgh's winter festival generated £241m for the local economy in 2025/26, with over 115,000 attending Hogmanay events and significant community benefits reported.

3 min read

Northern Ireland Economy to Grow by Just 0.7% Amid Rising Costs

Northern Ireland's economy is expected to grow by 0.7% in 2026 due to rising energy costs and global volatility, while the Republic of Ireland forecasts 2.7% growth amid ongoing uncertainties.

2 min read

Scotland's Vape Boom: Exploring the Surge in Retail Outlets and Its Impact

Scotland has seen a 28% rise in vape retailers since 2020, concentrated in deprived areas like Greenock. Experts warn of health risks and youth uptake amid concerns over unregulated growth.

6 min read

Kirsty Young’s Loch Lomond Island Listed for £3 Million with Luxury Lodge Option

Kirsty Young’s private Loch Lomond island, home to Scotland's only wild wallabies, is for sale at £3m with luxury lodge plans available.

3 min read

GameStop Proposes $56 Billion Unsolicited Bid to Acquire eBay

GameStop has made a $56 billion unsolicited offer to acquire eBay, valuing the company at $125 per share, about 20% above its recent closing price. CEO Ryan Cohen envisions eBay as a major competitor to Amazon and has secured $20 billion in debt financing from TD Bank.

1 min read

How the US Economy Performs Amid Iran Conflict Will Influence Voters

The US economy showed 2% growth in Q1 2026 despite the Iran conflict's energy shock. Rising costs and inflation challenge voters ahead of midterms.

4 min read

TUC Calls for Ban on Dynamic Pay Algorithms on Platforms Like Uber

The TUC urges banning dynamic pay on gig platforms like Uber, citing worker testimonies of unpredictable wages and calls for government action to ensure transparency and fair employment rights.

4 min read

Spirit Airlines to Cease Operations After $500M Bailout Talks Fail

Spirit Airlines is shutting down after failing to secure a $500M bailout amid soaring fuel costs and collapsed rescue talks with the Trump administration.

3 min read

Trump Raises EU Car Tariffs to 25%, Citing EU Non-Compliance with Trade Deal

President Trump announced a tariff increase on EU cars and trucks from 15% to 25%, citing EU non-compliance with their trade deal. The EU criticized the move and is expected to respond diplomatically. The tariff hike follows ongoing tensions over US troop deployments in Europe.

4 min read

Trump Ends US Tariffs on Northern Ireland Whiskey, Boosting Distillers

President Trump has removed US tariffs on Northern Ireland whiskey following the UK royal visit, benefiting distillers like Bushmills while Republic of Ireland whiskey remains subject to tariffs.

3 min read