Business & Economy

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. Britain must significantly increase investment in employment support, education and vocational training to tackle its growing youth unemployment crisis, the head of the country's trade union movement has warned. Paul Nowak, general secretary of the Trades Union Congress (TUC), has urged Prime Minister Andy Burnham's government to prioritise long-term opportunities for young people rather than relying on arbitrary...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. British Prime Minister Andy Burnham’s ambitious pledge to ensure that every rough sleeper in England has a safe route away from the streets before Christmas is facing growing uncertainty as homelessness continues to rise and the country struggles with a severe shortage of affordable housing. Despite substantial government funding and renewed commitments to tackle the crisis, increasing numbers...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. Starbucks is planning to recruit 7,500 new employees across the United Kingdom over the next five years as part of an ambitious expansion programme that will see the coffee chain open approximately 500 additional outlets by 2031. The recruitment drive is expected to create significant employment opportunities, particularly for young people seeking entry-level jobs, while supporting the company's...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. Australia's environment minister, Murray Watt, has urged colleagues within the governing Labor Party to stop undermining Treasurer Jim Chalmers as the government faces mounting pressure over economic management, declining public support and plans to reduce federal spending. His intervention comes amid speculation about tensions between Chalmers and Prime Minister Anthony Albanese, as senior ministers consider potentially unpopular budget...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. Victoria's governing Labor Party is facing growing uncertainty ahead of the state's November 28 election after a new opinion poll placed it behind both the Coalition and Pauline Hanson's One Nation, recording its lowest primary vote in the survey's history. The findings have triggered concern and frustration among Labor MPs, with questions emerging over the government's campaign strategy...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. A royal commission examining allegations of corruption and improper influence in major infrastructure projects in the Australian state of Victoria has heard that a leading construction company believed the powerful Construction, Forestry and Maritime Employees Union (CFMEU) enjoyed considerable influence within the state government under former premier Daniel Andrews. The inquiry is investigating claims surrounding the union's involvement...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. Pope Leo XIV has delivered a strong criticism of Argentine President Javier Milei's austerity policies, warning that economic growth must benefit ordinary people rather than place additional burdens on vulnerable communities. Speaking during his historic visit to Buenos Aires, the pontiff emphasised the importance of social responsibility, economic fairness and protecting those struggling with poverty, disability and rising...

Published: 09 November 2026. The English Chronicle Desk. The English Chronicle Online. New Zealand's political landscape is entering an uncertain new phase after the Opportunity Party secured a historic breakthrough in the country's latest general election, positioning itself as a potential kingmaker in the formation of the next government. Led by businesswoman Qiulae Wong, the centrist party has criticised populist politics and promised to prioritise practical solutions, climate action and...

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online Nationwide Building Society has launched a new exclusive savings account offering an attractive fixed interest rate of 5.3%, providing millions of eligible members with an opportunity to secure competitive returns over the next two-and-a-half years. The new product has attracted attention in the UK savings market, particularly as the Bank of England has increased its base interest rate...

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online A newly elected Reform UK councillor has come under scrutiny over her previous involvement in promoting a cryptocurrency investment scheme that collapsed after allegedly defrauding investors around the world of approximately $1.89 billion. The controversy has raised questions about political candidate vetting, financial accountability and the potential risks of allowing individuals with controversial financial backgrounds to hold positions...