UK

England is in with a shot, but Wales’ chances are slim. Brazil is still the favourite, according to Stats Perform’s artificial intelligence model, which estimates the probability of every match outcome using team rankings and betting odds based on historical team performance. The model then uses match outcome probabilities to factor in the strength of
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The UK’s economic outlook will be “challenging” for the next two years, Jeremy Hunt says. The chancellor presented his autumn statement to parliament on Thursday, littered with stealth taxes and curbs on government spending amounting to £55bn in an attempt to plug the black hole in the public finances. But the independent Office for Budget
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Millions more Britons will pay more tax as Jeremy Hunt cut the top-rate threshold and announced freezes on several other taxes in his autumn statement. The total amount of savings from the autumn statement has been costed at £55bn, through tax rises and cutting government spending. However, in real-term costs, UK households’ disposable incomes will
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Wage growth picked up by more than expected over the three months to September, according to official figures also showing a rise in the jobless rate. The Office for National Statistics (ONS) said average weekly earnings, excluding bonus payments, rose at an annual rate of 5.7% during the three months to September as more workers
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The UK economy contracted by 0.2% in the third quarter, early official figures show – prompting the chancellor to warn that the “tough road ahead” will require “extremely difficult decisions”. The figure marked the first step towards recession. The Office for National Statistics (ONS) reported a dip in output for September, leaving gross domestic product
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