Forecast

• Halifax afferma che il costo di una casa tipica è sceso dello 0,1% in aprile, il secondo calo mensile consecutivo, con il ritmo della crescita annuale sceso dallo 0,8% allo 0,4%. • Notizie economiche – aggiornamenti in tempo reale: i prezzi delle case nel Regno Unito sono scesi per il secondo mese consecutivo in aprile, mentre Halifax ha dimezzato la sua stima per il tasso di crescita annuale a causa del conflitto in Medio Oriente. • Halifax, che fa parte di Lloyds – il più grande prestatore ipotecario della Gran Bretagna – ha dichiarato che il costo di una tipica casa nel Regno Unito è sceso dello 0,1% in aprile, arrivando a £299.313. Ciò segue un calo dello 0,5% registrato a marzo. Continua a leggere...

• UBS, società finanziaria globale con sede in Svizzera, ha ridotto la previsione di crescita del PIL per l'India nell'anno fiscale 2027 al 6,2%, rappresentando una revisione al ribasso di 50 punti base a causa dell'intensificarsi della crisi petrolifera innescata dalle tensioni globali. • La società di intermediazione svizzera attribuisce il rallentamento a una prolungata crisi energetica derivante dal conflitto in Medio Oriente, gravi interruzioni della catena di approvvigionamento e crescenti pressioni inflazionistiche in tutta l'economia indiana. • Questo declassamento riflette le preoccupazioni circa la resilienza economica dell'India di fronte a shock esterni, sebbene il tasso di crescita del 6,2% posizioni comunque l'India tra le maggiori economie a più rapida crescita a livello globale.

Labor’s 2026-27 budget shows state has recorded $700m surplus this financial year, first of its kind since before the Covid-19 pandemicGet our breaking news email, free app or daily news podcastVictoria is back in black for the first time since the start of the pandemic, with Tuesday’s state budget to deliver an operating surplus and forecasting another next financial year.The 2026-27 budget, to be handed down on Tuesday afternoon, will show the state recorded a $700m surplus in 2025-26, largely in line with December’s pre-budget update of $710m and an improvement on the $611m forecast last May. Continue reading...

Move comes as airline industry reacts to uncertainty over Iran war and increase in price of Brent crudeBusiness live – latest updatesAir France-KLM has cut its capacity growth forecasts for this year as the Iran war drives up its fuel costs by billions of dollars.The French-Dutch airline expects its fuel bill to increase by $2.4bn (£1.8bn) this year as a result of the surge in costs since the Middle East conflict began. In response, it has trimmed its expectations for capacity growth to between 2% and 4% this year, down from 3% to 5% previously. Continue reading...

Robert Hayward predicts Reform will be big winner, taking seats from both Labour and the ConservativesGood morning. We are now into the final week of campaigning for the Scottish parliament, Welsh Senedd and English local elections. Keir Starmer had been planning a big speech today, but he, and other political leaders, are today focusing on their response to the Golders Green stabbing and the antisemitism threat facing Britain’s Jewish community – described as a “national security emergency” by Jonathan Hall KC, the government’s independent reviewer of terror legislation. Here is our overnight story. And here is our live blog by Taz Ali.Taz will be covering most of the political reaction to that story, and so that won’t be something I will be covering here. (And because criminal proceedings are active, comments relating to the attack won’t be allowed below the line, I’m afraid.) Continue reading...

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has warned that the economic fallout from the Middle East conflict could cost it £151m amid rising unemployment and inflation and a slowdown in the housing market.The FTSE 100 group, whose brands include Lloyds Bank, Halifax and Bank of Scotland, issued a downbeat economic forecast that it said reflects the stagflationary consequences – the double hit of rising inflation at the same time as slower economic growth – for the UK and global economies. Continue reading...

Severe storms put nearly 50 million at risk and follow a deadly weekend after tornado killed two people in TexasSevere storms are expected to sweep across the mid-Mississippi valley and midwest regions of the US on Monday, putting nearly 50 million people at risk.The storm prediction center has issued a level 4 out of 5 risk for severe thunderstorms across south-west Illinois and south-east Missouri, including major cities such as St Louis. Forecasters warned of “multiple strong to intense tornadoes, widespread severe/damaging wind gusts and scattered large to very large hail”, with some hail potentially reaching baseball size. Continue reading...

Queensland and NSW set for lower than usual rainfall in May, June and July, while temperatures in most of the country likely to be higher than normalFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLarge parts of south-east Australia look set for drier and hotter conditions over the next three months as a potential El Niño weather phenomenon takes shape in the Pacific Ocean.Much of Queensland and New South Wales are forecast to have lower than usual rainfall in May, June and July, with almost the entire country likely to experience hotter than average maximum temperatures. Continue reading...