Finance

Published: 11 July 2026 . The English Chronicle Desk. The English Chronicle Online. A sweeping bipartisan housing reform package has officially become law in the United States despite President Donald Trump refusing to sign it, marking one of the most unusual legislative developments of his second term. The legislation, designed to tackle America's worsening housing affordability crisis, automatically took effect after the constitutional deadline expired without a presidential signature or...

Published: 11 July 2026.The English Chronicle Desk. The English Chronicle Online. Senior Labour backbenchers are urging Andy Burnham to restore Britain's international development ambitions by committing to return overseas aid spending to 0.7 per cent of gross national income, a target originally introduced under former Prime Minister Gordon Brown but abandoned during the COVID-19 pandemic. The proposal comes as Labour politicians and policy experts seek to redefine Britain's role on...

Published: 11 July 2026.The English Chronicle Desk. The English Chronicle Online. The rapid rise of GLP-1 weight-loss medications is reshaping consumer behaviour far beyond the healthcare sector, with fashion retailers emerging among the biggest beneficiaries. As millions of people in the UK and the United States lose significant amounts of weight through medicines such as Wegovy, Mounjaro and new oral weight-loss pills, they are also transforming the way they shop,...

Published: 10 July 2026. The English Chronicle Desk. The English Chronicle Online. The board of easyJet has officially ignited a major corporate drama today. They have signaled interest in a surprise takeover bid from Apollo. This massive offer from the US private equity firm reaches £5.7bn. The airline board noted they are minded to recommend this deal. This shift in sentiment follows a very intense week for them. Earlier, the...

Published: 04 July  2026. The English Chronicle Desk. The English Chronicle online. In a landmark policy shift coinciding with the nation’s 250th anniversary celebrations, the United States has officially launched the “Trump Accounts”—a novel investment vehicle designed to foster long-term wealth for American youth. Authorized under the legislative framework of the “One Big Beautiful Bill Act,” these custodial investment accounts are set to become a cornerstone of the administration’s domestic...

Published: 04 July  2026. The English Chronicle Desk. The English Chronicle Online In a move that has ignited fresh controversy surrounding executive compensation within the UK water sector, Severn Trent has doubled the potential long-term incentive plan (LTIP) for its new chief executive, James Jesic. The FTSE 100 utility company, which serves 4.7 million customers across the Midlands, Bristol, and east Wales, revealed in its latest annual report that the...

Published: 02 June 2026. The English Chronicle Desk. The English Chronicle Online. In the dimly lit confines of a television studio, the emotional toll of Hungary’s shifting political tide has become starkly visible. Balásy Gyula, once one of the nation’s most influential advertising moguls and a quintessential beneficiary of the Viktor Orbán era, sat before a camera in early May, struggling to hold back tears. Just weeks after a general...

Published: 24 May 2026. The English Chronicle Desk. The English Chronicle Online. Nationwide Building Society is facing intensifying pressure to address what critics describe as "emerging governance issues" across the building society sector. As the society approaches its upcoming annual general meeting (AGM), Labour MP Navendu Mishra has issued a formal letter to Nationwide chair Kevin Parry, highlighting significant concerns regarding how the society engages with its members. At the...

Published: 24 May 2026. The English Chronicle Desk. The English Chronicle Online. The golden sands and vibrant boardwalks of Rio de Janeiro, once synonymous with leisure and relaxation, have become the setting for an increasingly sophisticated and predatory wave of financial crime. As Brazil gears up for a record-breaking year of international tourism, an alarming pattern of "card reader fraud" has emerged, casting a long shadow over the visitor experience....

Published: 24 May  2026. The English Chronicle Desk. The English Chronicle Online. The UK government has rejected a proposal to reduce VAT on electricity used at public electric vehicle (EV) charging points, intensifying a growing policy divide between departments over how to support the transition to cleaner transport while managing long-term tax revenues. Officials from the Department for Transport (DfT) had been pushing for a cut in VAT on public...