TUC says up taxes on banking profits to fight rising cost of living

The Trades Union Congress (TUC) has called for Andy Burnham to raise taxes on banks, following Barclays‘ announcement of bumper second-quarter profits. The trade union body is advocating for the government to spend the money on a social energy tariff. According to the TUC, this measure could decrease middle and lower-i

Trump's approval rating has fallen to the lowest point of either of his terms in office, according to a new Economist/YouGov poll.

MANILA, Philippines – While saying that the removal of system loss charges is a “step in the right direction,” a coalition of consumer groups on Tuesday pointed out that the majority of an electricity bill comes from generation fees made more costly by the use of imported fossil fuels. In an interview with the Inquirer

The average household’s cost of living increased 3.2% in the 12 months to the June 2026 quarter, up from 2.1% in the year to March.

Prime Minister Sanae Takaichi’s declining approval ratings may encourage the government to take a looser approach to spending and taxes, which risks spooking investors in the nation’s currency and bonds, according to market strategists.

In a poll conducted between July 24 and 26, the approval rating for Sanae Takaichi's administration fell to 57%, down from 69% in June and the first time it has dropped below 60% since she took office