UK bank credit to non-financial businesses dropped to 59% of GDP in Q3 2025 the lowest ratio in nearly three decades according to new data.
Breaking News
Latest Posts
Iran Cites Lebanon Attacks as Reason for Halting US Message Exchange
Officials and agencies addressed a developing story on June 1, 2026 as Tehran paused mediator…
Diplomatic Breakdown: Iran Suspends US Talks
In developments reported on June 1, 2026, Tehran paused mediator messages with Washington as Lebanon…
Israel’s Lebanon Strikes Prompt Iran to End US Negotiations
Officials and agencies addressed a developing story on June 1, 2026 as Tehran paused mediator…
80 Percent of UK Firms Affected or Expecting Impact from Middle East Conflict: BCC
The British Chambers of Commerce said four in five of the 800 UK firms it surveyed are already affected or anticipate disruptions from the Middle East conflict.
Democratic Senators Grill Transportation Secretary Duffy Over Reality TV Road Trip Project
Democratic members of the Senate questioned Transportation Secretary Sean Duffy over a widely criticised reality TV road trip project that used public funds.
Victims of San Diego Islamic Center Shooting Identified by Authorities
Authorities released the names of the victims killed in a mass shooting at an Islamic Center in San Diego.
Islamabad Talks Between US and Iran Fail as Naval Blockade Imposed on Iran
Peace talks between the United States and Iran held in Islamabad have collapsed with the US subsequently imposing a naval blockade on Iranian waters.
Israel Strikes Lebanon to Force Trump’s Hand on Nuclear Negotiations: Analysts
Middle East analysts suggest Israel’s ongoing strikes on Lebanon are a calculated effort to pressure the Trump administration on Iran nuclear deal negotiations.
Russia Repositions Five Military Cosmos Satellites in Coordinated Orbital Shift
Between May 14 and 20 Russia repositioned five recently launched Cosmos military satellites to a new orbital plane raising surveillance concerns.
Iran Drones Down Hostile UAV Near Strait of Hormuz as Tensions Remain High
Iranian forces shot down an unidentified hostile drone near the Strait of Hormuz signaling continued alertness in the strategically vital waterway.
Lebanon Health Ministry Reports 22 Dead Despite Ceasefire Agreement with Israel
Lebanon’s Health Ministry confirmed at least 22 civilians were killed in Israeli strikes despite an existing ceasefire agreement between the two sides.
South Korean President Calls Netanyahu a War Criminal Orders Arrest Warrant Review
South Korean President Lee Jae Myung publicly called Israeli PM Netanyahu a war criminal and ordered his government to assess the feasibility of issuing a domestic arrest warrant.