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Blow for UK seaside town as high street giant with 390 stores announces closure on June 19
Blow for UK seaside town as high street giant with 390 stores announces closure on June 19Locals are gutted following the news of the closure, with one person concerned their home is becoming a 'ghost town'. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 11:12, Wed, Jun 3, 2026 Updated: 11:19, Wed, Jun 3, 2026 The shop has confirmed it will close later in June (Image: Getty)A UK seaside town has...
Opinion: Opinion | The China Shock 2.0 May Already Be Here
According to the IMF, China's total non-financial sector debt has climbed to roughly 313% of GDP and is projected to reach 323% by 2026.
Staff burnout soars in professional services due to inefficiencies and outdated IT
More than a quarter of client-facing staff at professional services firms are wasting a large portion of their working week on manual administrative tasks rather than core client work, according to new research by Unit4. The report, commissioned by Pierre Audoin Consultants (PAC), on global mid-to-large professional services firms, including those in the UK, revealed that the sector has a “serious productivity and efficiency problem”, as it identified the critical areas for the success of th...
Federal workers experiencing ‘PTSD-like symptoms’ after unlawful firings by Trump administration
In survey of more than 300 fired probationary employees, 95% reported continuing mental health effectsUS federal workers laid off by the Trump administration said they are experiencing mental health effects, including PTSD-like symptoms, from losing their jobs, according to a new survey.More than 300 fired probationary employees were surveyed, with 95% reporting ongoing mental health effects, according to 27UNIHTED, a network of former National Institute of Health (NIH) employees. Nearly half sa...
Americans should be reassured by high prices, apparently. Does Trump's team really think we're that stupid | Arwa Mahdawi
According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thingGod, I love paying high prices at the supermarket, don’t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so optimistic about life. What a wonderful thing to live in the US – the world’s richest superpower – and witness food, electricity and housing b...
Forbes’ Ranking Of America’s Richest Self-Made Women 2026
BillionairesForbes’ Ranking Of America’s Richest Self-Made Women 2026(L-R) Daniela Amodei, Diane Hendricks, and Luana Lopes LaraAnthropic; Gabriela Hasbun for Forbes; Alexander Karnyukhin for ForbesByGrace Chung,Forbes StaffandAndrea Murphy,Forbes Staff.Follow AuthorsJun 03, 2026, 06:00am EDTIt was a banner year for the country’s most successful women with a record number of billionaires, soaring fortunes thanks to AI and an all-time high in total wealth. #article-num-0 .color-accent{color:...
US-Iran war: Rs 10,000 crore ATF Price Stabilization Fund approved for OMCs
Amid the prolonged Middle East conflict, the government has approved an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to safeguard problems being faced by airlines, oil marketing companies and fliers. This will be a self sustaining revolving fund.
Labour turmoil and Iran war brings ‘reversal of fortunes’ for UK economy
A combination of feverish political speculation and knock on effects from the war in Iran has culminated in a “reversal of fortunes” for the UK economy, as new data suggests activity across the private sector declined in May. S&P Global’s monthly survey of hundreds of firms has shown that business across services companies declined in May, ending a 13-month run of growth. The composite purchasing managers’ index (PMI), the score tracking activity across the UK economy, dropped below the 50...
Trump Aims New Tariffs at 59 Countries and the European Union
Trump officials said they planned to impose levies of up to 12.5 percent on countries that failed to crack down on goods made with forced labor.
Ovo Energy to pay more than £10m over prepayment meter monitoring failings
Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’Ovo Energy has agreed to pay more than £10m after the energy regulator for Great Britain, Ofgem, found a lack of monitoring of vulnerable customers with prepayment meters (PPMs) could have exposed them to a “clear risk of harm”.Ofgem found that Ovo did not adequately monitor its PPM customers, including those on the priority services register, leading to breaches of the watchdog’s rules d...
Trump’s 12.5% additional tariffs move under Section 301: What does it mean for India
The Section 301 probe launched by the US in March 2026 is a known variable in India’s trade deal talks with America. Yet, the proposal to impose duties on around 60 countries assumes significance at a time when a delegation from the US is in India to finalise terms of the India-US trade deal.
Universal theme park gets £1.3bn taxpayer support - as name is revealed
Europe's first Universal theme park, is being built in the UK with £1.3bn in taxpayer support, it has been announced.
Currys names former shop assistant as its new chief executive
Currys names former shop assistant as its new chief executiveSee more This is Money on Google - save us as a Preferred SourceBy JANE DENTON, MONEY REPORTER Updated: 10:11, 3 June 2026 e-mail 8 View comments
Partners Group limits withdrawals in private equity fund for wealthy individuals
Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle
Jim Chalmers' brutal attack on the Morrison government's economic record spectacularly backfires when he's accused of citing the wrong figures in Parliament
READ MORE: Australia's economy slumps in the wake of interest rate risesSee more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 10:09, 3 June 2026 | Updated: 10:09, 3 June 2026 e-mail View comments
Ferrari vs Lamborghini vs McLaren: The Ultimate Supercar Showdown – Which One is Worth Your Hard-Earned Cash?
When it comes to thrills, nothing beats the adrenaline rush of a supercar. But with iconic brands like Ferrari, Lamborghini, and McLaren competing for your attention (and budget), which one truly delivers the best value for your money?
Unveiling Bernard Arnault: The Mastermind Behind the World’s Most Valuable Luxury Empire
From humble beginnings to commanding a staggering net worth of over $200 billion, Bernard Arnault's journey to becoming the richest man in the world is nothing short of extraordinary. Discover the secrets behind his luxury empire and how he reshaped the global fashion landscape.
Google makes biggest-ever equity capital markets transaction of all time
Google is planning a historic $80 billion equity capital markets transaction to fund its significant investments in artificial intelligence infrastructure. This massive fundraising effort includes a $40 billion at-the-market offering and a $10 billion private placement with Berkshire Hathaway, aiming to bolster its AI capabilities amidst fierce industry competition.
Cheaper gold by Rs 10 lakh - 15% import duty prompts smuggling wave in India
A recent surge in gold import duty has fueled a wave of smuggling, with illicit gold now available at discounts of up to Rs 10 lakh per kilogram. This creates a significant price disparity with legally imported bullion, mirroring trends seen after a similar duty hike in 2013. Industry experts warn of escalating unofficial imports.
The real reason your electric bill is soaring this summer will surprise you
As summer approaches, millions of Americans are bracing for higher electric bills. For many families already stretched by rising costs, that’s simply not sustainable.This isn’t just about hotter weather. It’s about a fundamental imbalance in our energy system that is driving costs higher.Electricity demand is rising fast, driven by data centers, new manufacturing, population growth and the electrification of everything from vehicles to home heating. The United States is using more power in more...