Andrew Bailey has warned the world may face a crisis as grave as the banking meltdown in 2008.In a letter to the IMF’s main steering committee, which meets today, the Bank of England Governor said ‘the conflict in the Middle East has resulted in a substantial shock to the global economy’.He warned of threats to financial stability – expressing concern over ‘stretched asset valuations’, such as elevated share prices, stresses in the private credit markets and liquidity issues.‘Put simply, there is an increased likelihood that…

Economist Henrietta Treyz warned Monday that soaring gas prices thanks to President Donald Trump’s Iran war may soon be followed by another hit: higher food costs.“Food inflation is the next shoe to drop,” Treyz, the Veda Partners co-founder and director of economic policy, told MS NOW’s Katy Tur.AdvertisementTreyz drew a stark contrast between the economy during Trump’s second term compared to when former President Joe Biden was leaving office.“It’s pretty amazing when you think about what the president inherited,” she…

Martin Roberts, a Reform UK Senedd candidate in the Pontypridd Cynon Merthyr constituency, has claimed that "abuse in nurseries will skyrocket" if free childcare in Wales is extended under Plaid Cymru's policyEllie Gosley14:59, 22 Apr 2026View 2 ImagesThe comments were made by Martin Roberts, who is one of Reform's candidates in the Pontypridd Cynon Merthyr constituencyA Reform UK candidate for the forthcoming Senedd election in Wales has claimed that "abuse in nurseries will skyrocket" if parents were granted more hours of…

Research shows Brits trip up when guessing everything from paint and pasta to daily energy use – but in some cases it can end up costing them more.Vicky Duncan14:38, 22 Apr 2026Denise Van Outen asks Londoners to guess energy usages Brits reckon the weather forecast and someone’s age are the toughest things to guess, according to new research. A poll of 2,000 adults also found many get stumped trying to 'guesstimate' how much paint they’ll need when redecorating and how much pasta to put in a pan.And it seems we’re not great…