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Andy Burnham leaves Greater Manchester with £1.34billion debt before becoming Prime Minister
Andy Burnham is leaving Greater Manchester with £1.34billion of outstanding borrowing, the largest debt pile of any combined authority in England, as he prepares to enter Downing Street.Government figures show the former mayor's borrowing stood at £1.34billion at the end of the last financial year, up from £964million before he took office in 2017.When measured against population, the Greater Manchester Combined Authority's borrowing equated to £462 per resident, making it the second highest of...
Interest rates to ‘rise by September’ as oil prices surge
Interest rates to ‘rise by September’ as oil prices surge
Expert reveals the tax traps Aussies need to avoid this year - and how to get the biggest refunds when filling out your return
Read more: OxyShred warning after tradies test positive for methSee more Daily Mail on Google - save us as a Preferred SourceBy BURNEY WONG - NEWS REPORTER Published: 14:42, 14 July 2026 | Updated: 14:42, 14 July 2026 e-mail View comments
UK car production achieves historic milestone despite calls for massive sector changes
UK car production has reached a milestone achievement in the push for renewable power, as experts call for an acceleration in net zero goals.New data shows that vehicle makers across the UK have increased the on-site generation of renewables by more than one-third in the last 12 months.A record 80.4 gigawatts of renewable energy was generated by British manufacturing plants, according to research from the Society of Motor Manufacturers and Traders (SMMT).The 80.4GWh of energy is enough to power...
Diamond giant De Beers halts work at flagship South African mine as demand plummets
Diamond giant De Beers halts work at flagship South African mine as demand plummetsImage source, Getty ImagesImage caption, Sales are falling as some buyers switch to lab-grown diamondsPublished14 July 2026, 14:19 BSTUpdated 19 minutes agoMining giant De Beers is suspending production at South Africa's biggest diamond mine for two years, as changing consumer habits continue to shrink profits.Prices across the industry have fallen because fewer people are buying diamonds than in the past, especia...
Bodybuilder ordered to repay £30,000 of fraudulently claimed benefits
A bodybuilding champion has avoided immediate imprisonment despite defrauding the benefits system of more than £50,000 over a decade.Thomas 'TJ' Brown, 53, received a three-year suspended sentence last week at Belfast Crown Court after originally receiving a two-year sentence.He admitted to falsely claiming income support and housing benefit whilst simultaneously earning money as an unlicensed taxi driver.Mr Justice Fowler ordered the Strabane man to repay £30,000 to the Department for Communiti...
Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last yearInflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics.The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the start of the war, largely because of higher energy prices. After mostly staying under 3%...
US inflation rate eases to 3.5% as gasoline prices fall
US inflation rate eases to 3.5% as gasoline prices fallImage source, Getty ImagesByMichael RaceBusiness reporter, Reporting fromNew YorkPublishedJust nowInflation in the US eased last month as the cost of filling up at the pumps fell, official figures show.Prices rose 3.5% in the year to June, according to the Bureau of Labor Statistics (BLS), down from 4.2% recorded in May.Gasoline prices decreased 9.7% last month, the statistics body said.However, while the rate of inflation has fallen, the ea...
Oil hits $87 per barrel again after latest U.S. strikes on Iran, looming blockade
EnergyOil hits $87 per barrel again after latest U.S. strikes on Iran and looming coastal blockadeThe price of international Brent crude oil has risen more than 15% since Sunday to levels not seen since June. Listen to this article with a free profile00:0000:00Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, wait in the Gulf of Oman on June 17.Shady Alassar / Anadolu via Getty ImagesShareAdd NBC News to GoogleJuly 14, 2026, 8:24 AM EDTBy Steve KopackThe price...
Russia readies to reroute exports from Sea of Azov after Ukrainian attacks
Ukraine says drones hit 11 Russian vessels in the Azov Sea, targeting tankers, dry cargo ships, and a tugboat overnight.
Not ‘treasured’! Why India, China are stacking up gold & trimming US Treasuries exposure
India is among major economies that are stepping up purchases of gold, while trimming holdings of US Treasuries. Central banks have increasingly begun viewing gold not only as a hedge against inflation but also as a core store of value.
أصغر عشرة مليارديرات في 2026: من هم وكيف حققوا ثرواتهم؟
هل ترغب في معرفة أسرار الشباب المليارديرات الأكثر نجاحًا في 2026؟ في هذا المقال، نستعرض لكم أبرز عشرة مليارديرات شباب وكيف تمكنوا من تحقيق ثروات خيالية في زمن قياسي!
Meet the Future: The Top 10 Youngest Billionaires of 2026 and Their Astonishing Journeys to Wealth
From tech prodigies to visionary entrepreneurs, these young billionaires have redefined success in the 21st century. Discover how they amassed their fortunes and the surprising twists in their incredible stories!
Half a million people stopped paying BBC licence fee in the past year - after it rose to £180
Half a million people stopped paying BBC licence fee in the past year - after it rose to £180See more Daily Mail on Google - save us as a Preferred SourceBy MARTIN ROBINSON, CHIEF REPORTER Published: 12:41, 14 July 2026 | Updated: 12:45, 14 July 2026 e-mail View comments
EV drivers face paying 3p per mile from 2028 under Labour plans - while hybrids will be hit with 1.5p charge
EV drivers face paying 3p per mile from 2028 under Labour plans - while hybrids will be hit with 1.5p chargeSee more Daily Mail on Google - save us as a Preferred SourceBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 12:15, 14 July 2026 | Updated: 12:18, 14 July 2026 e-mail View comments
Britain wasted almost £10 BILLION buying PPE during Covid pandemic
Britain wasted almost £10billion buying PPE during the coronavirus pandemic, the Covid inquiry has found.Around two-thirds of the total £14.9billion of taxpayer money spent on personal protective equipment went towards masks, gloves, and gowns, which were inadequate and unusable.In the fifth official report, published today, the inquiry's chair, Baroness Heather Hallett, heavily criticised the "vast" financial waste and structural failures of the pandemic.It highlighted the "VIP lane" which prio...
Majority of £15billion spent on PPE during Covid pandemic was a waste, inquiry concludes, with 'vast' amounts of taxpayer money squandered
Majority of £15billion spent on PPE during Covid pandemic was a waste, inquiry concludes, with 'vast' amounts of taxpayer money squanderedSee more Daily Mail on Google - save us as a Preferred SourceBy EIRIAN JANE PROSSER, SENIOR REPORTER Published: 12:00, 14 July 2026 | Updated: 12:04, 14 July 2026 e-mail View comments
Self-employed and landlords could be forced to pay tax bills monthly as Labour and HMRC mull radical regime change
Self-employed and landlords could be forced to pay tax bills monthly as Labour and HMRC mull radical regime changeSee more This is Money on Google - save us as a Preferred SourceBy JANE DENTON, MONEY REPORTER Updated: 10:56, 14 July 2026 e-mail 30 View comments
Removing tax from food could cost £14m - minister
Removing tax from food could cost £14m - ministerImage source, EPA/ShutterstockImage caption, Treasury says the removal of GST from food would mostly benefit the richest islandersPublishedJust nowIt would cost the states £14.4m a year to remove the island's goods and services tax (GST) from food, the treasury minister has said.Answering a written question from deputy Lee Carpenter, senator Alan McLean said the removal of GST from essential grocery items in shops would mostly benefit the richest...
Workers enter ‘forever layoff’ era as firms cut jobs while hiring for AI
Microsoft and other tech giants are implementing frequent workforce reductions. These companies are simultaneously increasing investments in artificial intelligence technology. Many firms are reorganizing operations to adapt to the evolving technological landscape. This trend reflects a broader industry shift towards continuous workforce adjustments. Employees face uncertainty as businesses navigate AI integration and productivity demands.