Tag: rising
Reeves vows action on growth amid rising debt costs
Chancellor Rachel Reeves has pledged to go “further and faster” to improve economic growth after market turbulence saw the cost of servicing UK debt rise. The last few days have seen pressures on the public finances increase, after government borrowing costs hit their highest level for several years. Conservative shadow chancellor Mel Stride called it…
Faisal Islam: Mortgage rates are not rising yet but Reeves has to act
It has not been a good week for Chancellor Rachel Reeves. Government borrowing costs have hit their highest level in 16 years and the pound has fallen to a 14-month low against the dollar. She has gone on a planned trip to China amid accusations from opposition parties that she is leaving at a moment…
Hiring freeze at dozens of NHS cancer and diagnostic units despite rising referrals
Dozens of NHS hospitals have banned their cancer or diagnostic units from hiring new staff, despite GPs referring growing numbers of people who they fear may have the disease. Doctors warned that widespread recruitment freezes imposed on both types of units over the last year risked undermining Keir Starmer’s drive, outlined this week, to cut…
What rising borrowing costs could mean for Labour’s economic plan
Nothing has been more important to the Labour Party under Sir Keir Starmer than economic credibility. Chancellor Rachel Reeves has set out clear fiscal rules, such as getting debt falling as a share of national income by the end of this parliament, and she has made sticking to these rules a crucial test of the…
Why are UK borrowing costs rising and what does it mean for me?
Government borrowing costs have been steadily rising in recent months, and have now hit their highest levels for several years. Why is this happening and how does it affect you? A bond is a bit like an IOU that can be traded in the financial markets. Governments generally spend more than they raise in tax…
Palisades and Eaton Fires Show Rising Dangers of Fast-Moving Fires
Palisades and Eaton Fires Show Rising Dangers of Fast-Moving Blazes In California and elsewhere, fast-moving fires are particularly damaging and expensive because they take people by surprise, making evacuations difficult By Stephanie Pappas edited by Andrea Thompson Strong winds blow embers as the Palisades Fire burns homes on the Pacific Coast Highway amid a powerful…
Rising costs force ‘difficult choices’ on schools
Head teachers say they face “difficult choices” over what their schools can afford, as a new report says they could be forced into further cuts next year. The Institute for Fiscal Studies (IFS) says costs will outpace funding for schools in 2025-26. Schools say that means they will struggle to fund the government’s proposed pay…
Social media fuelling rising terror threat in France, says minister
Bruno Retailleau says threat has never been greater, as country marks decade since Charlie Hebdo attack The threat of a terrorist attack on France is being fuelled by social media and has never been greater, the country’s interior minister has said, 10 years after gunmen killed 12 people in an attack on the Charlie Hebdo…
What Is Human Metapneumovirus, and Why Are Cases Rising in China?
HMPV Cases Are Rising Across Asia, but Experts Say Not to Panic A common respiratory virus called human metapneumovirus, or HMPV, has been spreading in some countries in Asia, including China, India, Malaysia and Kazakhstan. Here’s what we know By Lauren J. Young edited by Dean Visser Human metapneumovirus particles. Cases of a common respiratory…
Hospital flu cases rising at ‘very concerning’ rate, NHS England warns
The number of people with flu in hospital in England has gone up sharply over Christmas and is rising “at a very concerning rate”, NHS chiefs warn. Latest data shows there were 5,000 patients with the virus being treated in hospital at the end of last week – almost 3.5 times higher than the same…
‘Moving to the mountaintops’: rising seas displace tens of thousands in Papua New Guinea
Gulf province councillor says growing numbers are leaving, in what climate activist describes as a ‘humanitarian crisis’ Two years ago fisher Siri James lived on the southern coast of Papua New Guinea, in a small village near Pariva beach. But as the tides continued to rise, James was forced to move further in from the…
Trinidad and Tobago Declares State of Emergency Over Rising Crime
To curb gang killings and a rise in homicides, the measure empowers the military to make arrests and allows the authorities to enter suspects’ homes without warrants and deny them bail. By Frances Robles and Prior Beharry Prior Beharry reported from Port of Spain, Trinidad and Tobago. The government of Trinidad and Tobago, facing an…