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Greggs Cuts 740 Jobs, Shuts Four Factories to Save £20m Annually
Greggs plans to shut four UK factories and cut 740 jobs over 2.5 years, saving £20m annually from 2028. Retail stores unaffected. Shares rose 6.5% on stronger Q3 sales of 7.7%.
SNB Sold CHF1.4B Francs in Q2 as Iran War Stokes Safe-Haven Demand
SNB sold CHF1.4 billion francs in Q2 2026 to offset safe-haven flows from Iran war. Central bank maintains zero rates as growth accelerates and inflation stays low at 0.8%.
Singapore Bus and Train Fares Jump 7% from December 26, 2026
Singapore public transport fares rise 7% from December 26, 2026. Adult card users pay 12-13 cents more per trip. Energy costs up 21% due to Middle East conflict.
RBA Lifts Rates to 4.6%, Highest Since 2011, as Mortgage Pain Deepens
RBA lifts cash rate to 4.6%, highest since 2011, adding A$120 monthly to average mortgages. Fourth rate rise of 2026 as inflation stays above 3%.
Triple Lock Pension Scrapped From 2030: What Burnham’s Plan Means for Your Retirement
Andy Burnham scraps the triple lock pension from 2030, replacing it with inflation or 2.5% rises. The change will save £15bn yearly by 2040 but removes the earnings link that currently protects retirees.
EPFO Wage Ceiling Jumps to ₹25,000 on September 17: What It Means for Your Pension
EPFO wage ceiling increased to ₹25,000 from ₹15,000 on September 17, 2026. Employers cannot reduce your salary. Over 51 lakh workers now covered. Pension formula explained.
Swiss GDP Growth Forecast Jumps to 1.7% for 2026 on Pharma Surge
Switzerland raises 2026 GDP forecast to 1.7% from 0.9% after Q2 growth hits 1.5%, strongest since 2021. Pharma drives half the gains, but inflation expected to rise.
France Pushes EU to Use €4.6B Google Fines to Cut Budget Contributions
France proposes using €4.6 billion in Google fines to lower EU member state budget contributions. EU governments are negotiating the 2028-2034 budget amid fiscal pressure.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.