-
Recent reports reveal worsening health conditions in Scotland, including record-high long-term illnesses and obesity, alongside declining national belonging among younger Australians. Meanwhile, workplace and social drinking habits are shifting globally, with younger generations drinking less or abstaining, yet facing peer pressure and cultural challenges. These trends highlight ongoing public health and social issues.
-
Recent data shows UK inflation steady at 3.8% for September, below expectations, with food prices falling. Japan's inflation stayed at 2.8%, while euro area growth slowed to 0.9%. Central banks face pressure to adjust policies amid persistent price pressures.
-
UK Chancellor Rachel Reeves is set to deliver her budget amid economic uncertainty, with expected tax hikes, spending cuts, and reforms to property taxes. The government faces pressure to balance public finances while avoiding market instability and political backlash, as debates over tax policy and growth strategies intensify.
-
Recent surveys show UK business confidence remains low following the government's November budget, which included £26bn in tax hikes. Firms expect reduced investment and hiring, citing increased costs and economic uncertainty. Analysts warn growth prospects are weakening amid cautious consumer spending.