Business & Economy

Published: 23 February 2026. The English Chronicle Desk. The English Chronicle Online. The Trump Tower Gold Coast has been unveiled as an ambitious plan to transform Australia’s most famous beachfront skyline. The proposed development at Surfers Paradise is being described by its backers as a landmark project that will reshape the city’s identity. Announced by the The Trump Organization, the project marks the brand’s first major venture in Australia. Supporters...

Published: 23 February 2026. The English Chronicle Desk. The English Chronicle Online. UK job vacancies have fallen to their lowest level since the pandemic, according to new research that paints a sobering picture of the labour market at the start of 2026. The latest figures suggest that employers across the country are pulling back on recruitment, leaving jobseekers facing tighter competition and fewer opportunities than at any point in the...

Published: 20 February 2026. The English Chronicle Desk. The English Chronicle Online. Retail sales in Great Britain have delivered an unexpected boost to the economy, with art and antiques playing a surprisingly prominent role. Official figures show that retail sales rose by 1.8 per cent in January, marking the strongest monthly increase since May 2024. The figures, released by the Office for National Statistics, exceeded most forecasts and signalled renewed...

Published: 20 February 2026. The English Chronicle Desk. The English Chronicle Online. The UK government has recorded an unprecedented UK budget surplus of £30.4bn in January 2026. This figure, confirmed by the Office for National Statistics (ONS), surpasses all previous January totals since records began in 1993 and reflects a dramatic £15.9bn increase compared to January 2025. Analysts say the UK budget surplus exceeds forecasts from the Office for Budget...

Published: 19 February 2026. The English Chronicle Desk. The English Chronicle Online. Tim Wilson has clarified his position on the Reserve Bank of Australia’s dual mandate after initial comments sparked political backlash. The new shadow treasurer said he fully supports the bank’s twin objectives, despite suggesting earlier that inflation control should take precedence over full employment. Wilson’s remarks, made just days into his appointment, prompted strong criticism from government ministers...

Published: 19 February 2026. The English Chronicle Desk. The English Chronicle Online. Vermont senator Bernie Sanders unleashed a fierce critique of billionaire greed during a rally in Los Angeles, framing California’s proposed wealth tax as a moral and political imperative. The 84-year-old lawmaker, known for decades of outspoken criticism of economic inequality, addressed a packed Wiltern Theater on Wednesday, warning voters that the richest Americans are “treading on very, very...

Published: 18 February 2026. The English Chronicle Desk. The English Chronicle Online. Glencore’s announcement of a $2bn shareholder payout has intensified rate cut speculation as investors weigh company resilience. The FTSE 100 commodities giant revealed the distribution despite reporting a 6% decline in annual profits, which fell to $13.5bn amid falling coal and energy prices. Market analysts suggest this bold move signals confidence in Glencore’s long-term growth strategy, particularly in...

Published: 18 February 2026. The English Chronicle Desk. The English Chronicle Online. UK inflation has unexpectedly fallen to 3 percent in January, a decline that immediately ignited fresh rate cut speculation among economists and markets. This latest inflation drop to 3 percent stands as the slowest annual pace of price rises since March 2025 and repeats the pattern of easing inflationary pressure seen in recent months. The new figure was...

Published: 18 February 2026. The English Chronicle Desk. The English Chronicle Online. A major overseas contract has delivered a fresh sense of momentum for British Steel, as the Scunthorpe-based manufacturer confirmed a substantial order linked to the Ankara–Izmir high-speed line. The agreement, described as an eight-figure deal, will see 36,000 tonnes of rail produced in North Lincolnshire and shipped to Turkey over the coming months. For a business that has...

Published: 17 February 2026. The English Chronicle Desk. The English Chronicle Online. The Boohoo owner’s £35m Debenhams fundraising plan has sparked fresh debate over potential tensions with Mike Ashley. Debenhams fundraising is highlighted as a crucial part of the company’s financial restructuring and turnaround strategy, aiming to reduce debts and strengthen brands such as Oasis, Warehouse, Pretty Little Thing, and Karen Millen. Analysts note that while all brands are now...