Henry Zeffman: Andy Burnham and his chancellor have a battle on their hands as the Budget approaches

BBC - Sep 16, 2026

The Budget is only six weeks away and the economy is undoubtedly the biggest challenge facing the prime minister.

Read full article

MORE NEWS

Bessent and Warsh Take On the Bond Bears
Sep 16, 2026

Bessent and Warsh Take On the Bond Bears

The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits.

Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
Sep 16, 2026

Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks

Prolonged restrictions on exports could push oil prices even higher.

Petrol and diesel price rises push UK inflation higher
Sep 16, 2026

Petrol and diesel price rises push UK inflation higher

Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.

Burnham rejects 'tax and spend socialist' comments
Sep 16, 2026

Burnham rejects 'tax and spend socialist' comments

The prime minister insists he is prepared to take "difficult decisions" at next month's Budget.

What's happening to UK interest rates and what does it mean for mortgages?
Sep 16, 2026

What's happening to UK interest rates and what does it mean for mortgages?

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

Fed Meeting Is a Big Moment for the Bond Market
Sep 16, 2026

Fed Meeting Is a Big Moment for the Bond Market

If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.

What's driving UK 'shoplifting crisis'?
Sep 16, 2026

What's driving UK 'shoplifting crisis'?

The number of shoplifting offences recorded in England and Wales in 2025-26 is still above pre-pandemic levels.

Hong Kong's first five-year plan: Key economic and trade priorities
Sep 16, 2026

Hong Kong's first five-year plan: Key economic and trade priorities

The Hong Kong Special Administrative Region has unveiled its first five-year plan for economic and social development (2026-2030) on Wednesday.

Graphics: What stood out in China's economy in August?
Sep 16, 2026

Graphics: What stood out in China's economy in August?

Graphics: What stood out in China's economy in August?

Witness the Pinglu Canal open to navigation!
Sep 16, 2026

Witness the Pinglu Canal open to navigation!

The Pinglu Canal opens a faster gateway to the sea for China's Guangxi Zhuang Autonomous Region and southwest China's cargo.

Chinese films seek a bigger stage in North America
Sep 16, 2026

Chinese films seek a bigger stage in North America

Chinese films are gaining momentum in overseas markets, with North America emerging as an important testing ground for their global appeal.

Hong Kong's first five-year plan signals a new path for future growth
Sep 16, 2026

Hong Kong's first five-year plan signals a new path for future growth

The release of Hong Kong's first five-year plan marks an important milestone in the city's development. By building on its existing strengths and creating new opportunities through planning and innovation, the city can strengthen its competitiveness in a changing global environment.

Nanning and Guilin take center stage at the 23rd China-ASEAN Expo
Sep 16, 2026

Nanning and Guilin take center stage at the 23rd China-ASEAN Expo

The 23rd China-ASEAN Expo is set to open in Nanning, south China's Guangxi Zhuang Autonomous Region.

OpenAI boss says world 'right to be afraid' but should trust AI firms
Sep 16, 2026

OpenAI boss says world 'right to be afraid' but should trust AI firms

Sam Altman and other tech CEOs say there are incentives to limit advancements in AI, as fears grow over the threats it poses to humanity.

Chinese mainland welcomes Taiwan to Pinglu Canal opportunities
Sep 16, 2026

Chinese mainland welcomes Taiwan to Pinglu Canal opportunities

Chinese mainland welcomes Taiwan to Pinglu Canal opportunities

What is happening to UK prices?
Sep 16, 2026

What is happening to UK prices?

UK inflation rose in August, pushed up by higher petrol and diesel prices.

Steve Bannon and Bernie Sanders Condemn Tech ‘Oligarchs’ and Demand A.I. Reforms
Sep 16, 2026

Steve Bannon and Bernie Sanders Condemn Tech ‘Oligarchs’ and Demand A.I. Reforms

At an event in Washington, partisanship took a back seat as elected officials, religious leaders, parents and artists called for reining in artificial intelligence.

A ‘Shark’ of a Business Editor Steps Down
Sep 16, 2026

A ‘Shark’ of a Business Editor Steps Down

Ellen Pollock, who has spent nearly a decade in charge of the Business desk of The Times, is ready for a new challenge.

Security Guards Offer Protection, But Get Paid Little in Return
Sep 16, 2026

Security Guards Offer Protection, But Get Paid Little in Return

A recent high-profile shooting outside a mosque and rising threats to houses of worship have focused attention on security guards. Now, unions are pressing for better pay and training.

How to Use AI to Plan a Trip: Better Prompts for Travel Recommendations
Sep 16, 2026

How to Use AI to Plan a Trip: Better Prompts for Travel Recommendations

Generic questions get generic answers, experts say, so to avoid mediocre recommendations, you’ll need to write smarter prompts. Follow these tips.

Reflecting on 175 Years of The New York Times
Sep 16, 2026

Reflecting on 175 Years of The New York Times

For dozens of editors and reporters, the anniversary of the first issue of The Times in 1851 has been a moment to look back.

We managed to get jobs after uni - here's how we're keeping them
Sep 16, 2026

We managed to get jobs after uni - here's how we're keeping them

Four recent job starters share their tips on what helped them have a smooth transition and survive their first few days.

Hong Kong's Northern Metropolis tests new path for urban growth
Sep 16, 2026

Hong Kong's Northern Metropolis tests new path for urban growth

China's Hong Kong Special Administrative Region has never lacked ambition when it comes to urban development.

China's approach to AI governance offers path for global cooperation
Sep 16, 2026

China's approach to AI governance offers path for global cooperation

AI governance should be a shared global responsibility and that developing countries should have opportunities to participate in and benefit from AI development.

Age Limits for Social Media Outlined by European Union
Sep 16, 2026

Age Limits for Social Media Outlined by European Union

A proposed law would bar children under 13 from using social media across the 27-nation bloc.

Global South politicians call for AI utilization in global governance
Sep 16, 2026

Global South politicians call for AI utilization in global governance

Global South politicians call for AI utilization in global governance

China-ASEAN cooperation gains momentum through shared opportunities
Sep 16, 2026

China-ASEAN cooperation gains momentum through shared opportunities

China-ASEAN ties are deepening, with trade serving as a key driver of broader cooperation in investment, infrastructure, people-to-people exchanges and regional supply chains. The two sides have been each other's largest trading partners for several consecutive years, with bilateral trade surpassing $1 trillion for the first time in 2025.

Complaints to watchdog about water firms soar
Sep 16, 2026

Complaints to watchdog about water firms soar

Many complaints were about affordability, after customers saw steep hikes to bills.

Shoplifters carrying shopping lists, says M&S manager
Sep 16, 2026

Shoplifters carrying shopping lists, says M&S manager

The Marks and Spencer area manager for Shropshire says shoplifting is a "really large issue".

Traffic, tourism and economy among election concerns
Sep 16, 2026

Traffic, tourism and economy among election concerns

Residents and business owners in Onchan discuss key concerns ahead of the House of Keys election.

OpenAI Considers New Financing at a $1.5 Trillion Valuation
Sep 16, 2026

OpenAI Considers New Financing at a $1.5 Trillion Valuation

The funding round would double the value of the start-up behind ChatGPT and establish it as the world’s most valuable private company.

How rising bond yields impact American consumers
Sep 16, 2026

How rising bond yields impact American consumers

The BBC’s Samira Hussain explains why some could see increased interest rates for mortgages and business loans.

Asia-Pacific regional integration in focus at Haikou roundtable
Sep 16, 2026

Asia-Pacific regional integration in focus at Haikou roundtable

Asia-Pacific regional integration in focus at Haikou roundtable

Third Heathrow runway should only go ahead if airlines pay for cleaner flying, say advisers
Sep 16, 2026

Third Heathrow runway should only go ahead if airlines pay for cleaner flying, say advisers

The government's climate advisers say Heathrow's third runway cannot be approved under current climate policies.

UK in talks about joining global defence bank led by Canada
Sep 15, 2026

UK in talks about joining global defence bank led by Canada

Supporters of the scheme say the bank would enable governments to get cheaper loans to spend on defence projects.

Do you feel guilty when calling in sick at work? This might be why...
Sep 15, 2026

Do you feel guilty when calling in sick at work? This might be why...

As many as half of people report working when sick. The reasons for this are complex, experts say.

A backlash over data centres is another threat to the AI juggernaut
Sep 15, 2026

A backlash over data centres is another threat to the AI juggernaut

The global AI race is being hit by very localised political and environmental concerns

AI app ads promoting 'objectification of women' banned by watchdog
Sep 15, 2026

AI app ads promoting 'objectification of women' banned by watchdog

The ad regulator said it had "zero-tolerance" for ads promoting AI tools that could sexualise or objectify women.

The extreme engineering of aircraft windows
Sep 15, 2026

The extreme engineering of aircraft windows

Few companies have the technology to make aircraft windows which are getting harder to make.

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.