Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs. -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - 38m -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 15h -
What it's like inside LA's real life apocalypse movie
BBC reporter David Willis says he has never witnessed a disaster in Los Angeles so widespread and so unpredictable.BBC News - 19h -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - 1d -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - 1d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 3d -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 6d -
Bus passengers in England face £1 fare cap rise
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.BBC News - Jan. 1 -
The Papers: Energy bills 'to rise further' and world rings in 2025
The energy price cap rise and New Years' celebrations make the front of Wednesday's papers.BBC News - Jan. 1
More from BBC News
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What's the latest on the LA fires, and what caused them?
Everything you need to know about the blazes that have forced thousands to leave their homes.BBC News - 2h -
Pound falls to lowest in over a year as borrowing costs soar
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - 19m -
Why are UK borrowing costs rising and what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - 25m -
Russia says it is keeping close eye on Trump's claim to Greenland
The Kremlin reacts to the US president-elect's remarks saying the Arctic is in Russia's sphere of interest.BBC News - 3h -
How Elon Musk seized on baseless memo claim to fuel wave of misinformation
The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.BBC News - 2h
More in Top stories
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Hollywood Hills scorched as Sunset Fire spreads in Los Angeles
The Sunset Fire started as a brush fire in Los Angeles' Hollywood Hills amid windstorm conditions.CBS News - 8m -
FEMA director discusses federal response to massive Palisades Fire
FEMA Administrator Deanne Criswell joins "CBS Mornings" to talk about the federal government's response to the Palisades Fire, which has burned over 17,000 acres in Los Angeles County and left ...CBS News - 11m -
LIVE: State funeral for former President Jimmy Carter begins in DC: ABC News Live
24/7 coverage of breaking news and live eventsABC News - 13m -
California fires live updates: Water and air quality concerns as fires rage
At least five people are dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.ABC News - 16m -
As U.S. announces new Ukraine aid package, Zelenskyy says send troops
Ukraine's leader says partners sending ground troops would help "force Russia into peace," as America's European allies ponder Trump's next move.CBS News - 16m