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Prime Minister Andy Burnham’s Makerfield constituency faces its first budget test under his government, with residents hoping policies will deliver tangible relief from rising living costs and financial pressures.
UK shop price inflation reached 2.1% year-on-year in October, the highest level in over two years, as retailers begin passing on rising energy and food costs amid Middle East tensions.
Trump faces a familiar political challenge as voters remain focused on high prices despite solid economic growth and low unemployment, echoing the disconnect that plagued Biden’s presidency.
UK business financial distress has reached its highest level in over two decades, with 738,144 companies in significant difficulty in the third quarter, putting pressure on the government ahead of Wednesday’s budget.
Southwest Airlines reduced its 2026 profit forecast citing elevated fuel expenses, becoming the third major U.S. carrier this month to issue downward guidance despite continued strong travel demand.
Barclays is reducing its workforce by approximately 5,000 employees, or 5% of staff globally, as it expands artificial intelligence integration across operations by year-end.
