Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises 12. October 2026 (14:47) US economists developed models that help central bankers and finance ministers to stabilise their economiesBusiness live – latest updatesTwo US economists have won the 2026 Nobel economics prize for their work developing models that help central bankers and finance ministers to stabilise their countries, avoiding long recessions and runaway inflation.Robert Hall of Stanford University, California, and Michael Woodford of Columbia University, New York, were recognised for developing the “microeconomic foundations of macroeconomic stabilisation”, giving policymakers better tools to smooth out the peaks and troughs of their economies. Continue reading...(The Guardian)
Burnham accepts Brexit result ‘legitimate’ despite Russian interference, says No 10 – UK politics live 12. October 2026 (14:41) PM ‘absolutely accepts referendum result’, says spokespersonBurnham to urge MPs to embrace closer ties with EUZia Yusuf, Reform UK’s home affairs spokesperson, is speaking now. He started his speech with an account of a 73-year-old woman dying in North Wales after having to wait 23 hours for an ambulance, and he sought to link this to immigration.He said:The Royal College of Emergency Medicine estimates that 15,000 people across Britain died last year due to excess wait times for emergency treatment. That’s 300 people a week, 300 lives destroyed, 300 families devastated.And that number has increased tenfold over the last decade. This is a moral outrage, and it is a direct result of decisions made by Tory and Labour governments.I don’t think that’s because he wants to have a fight over the European Union. I think that’s because he knows what we’re talking about today impacts hard in what is known as the red wall. Continue reading...(The Guardian)
Woke NYC mayor angers Italian-Americans by skipping Columbus Day parade after giving statue of famed explorer the finger and erasing Little Italy from map
Conwoman duped brothers out of their £76,000 inheritance by selling them fake Rolexes before lying that she had terminal cancer
Toddler dies after she was struck by a car at a home in Smythesdale, Victoria