The UK is set to experience the steepest slowdown in growth among G20 economies as a result of the war involving Iran, the OECD warns.The organisation now expects UK GDP to expand by just 0.7% this year, a marked downgrade from its earlier 1.2% forecast.At the same time, UK inflation is projected to rise to about 4%, up sharply from previous estimates. Global forecasts were also adjusted.While...

Larry Fink, chief executive of asset manager BlackRock, warned that oil at around $150 a barrel would likely push the global economy into a deep downturn.He told the BBC that if tensions with Iran persist and energy prices remain elevated, the fallout would be severe for growth and living standards.Fink, who runs a firm with about $14 trillion under management, outlined two broad paths for the...

Many families who once treated days out as a routine are tightening their belts as everyday leisure costs climb.Parents across the UK say meals, attractions and activities have become harder to justify on a middle-income budget, even when both adults are in work.Bianca and Paul Osborne, who live in Stockport and earn close to the national average household income, found a typical family outing...

Chancellor Rachel Reeves has ignited a fresh political row after urging closer economic cooperation with the EU as a route to greater resilience.Speaking at the Mais lecture hosted by Bayes Business School in London, Reeves argued the UK should deepen its economic links with Europe to shore up growth and stability.Her call has prompted sharp criticism from opponents who say seeking tighter...

Chancellor Rachel Reeves will set out her Budget in the House of Commons around 12:30 GMT, facing pressure to find extra revenue while promising investment to cut NHS waiting lists and tackle the cost of living.She has flagged that tough but fair decisions are needed to reduce national debt and drive growth, with an immediate response from opposition leader Kemi Badenoch expected after the...

Nikon Corporation, a name that has become synonymous with precision, innovation, and excellence in the world of photography, has a storied history that spans over a century. From its origins as a manufacturer of optical instruments to its rise as one of the most respected camera brands in the world, Nikon's journey is a testament to its unwavering commitment to quality and technological...

Canon Inc., a name synonymous with innovation and excellence in the world of photography, has a rich history that spans nearly a century. From its humble beginnings in a small Tokyo apartment to becoming one of the most influential camera manufacturers in the world, Canon's journey is a testament to its commitment to quality, innovation, and the art of photography. The Early Years: The...