Pounding snow, a month’s rain in two days, VERY chilly temperatures – here’s the forecast near you 

Pounding snow, a month’s worth of rain in two days and VERY chilly temperatures: Blast of Antarctic air is set to bring a ‘remarkable’ weather event to Australia – here’s the forecast near you Antarctic winds drawn into cold front crossing SE Australia from Monday  Cold, heavy rain, damaging winds til Thursday, severe weather warnings likely  … Read more

Next ups its profit forecast AGAIN as shoppers flock back to stores

Next ups its profit forecast AGAIN as shoppers flock back to stores while online channels remain popular – but retailer warns sales may wane soon Clothing retailer Next raked in £75m more in sales than expected recently The FTSE 100-listed group hiked its profit forecast and shares are up sharply But, bosses at the chain … Read more

ALEX BRUMMER: IMF perks up its forecast after Uncle Sam saves the day

Joe Biden is riding a wave of optimism following the passage of his $1.9trillion (£1.4trillion) fiscal package.  There may be more to come should the White House manage to steer proposals for a further £1.44trillion of climate change and infrastructure spending through a Congress jittery about debt levels. As the International Monetary Fund’s spring World … Read more

Temperatures will plunge to -10C this weekend with Big Freeze forecast

Winter roars back! Temperatures will plunge to -10C this weekend with Big Freeze forecast after days of sunny spring-like weather Forecasters warned that plunging temperatures could soon be sweeping across the UK by the weekend Glens in Scotland could see mercury levels drop to -10C by Saturday as cold front makes way across country Tonight … Read more

IMF downgrades UK growth forecast for this year to 4.5 per cent

IMF downgrades UK growth forecast for this year to 4.5 per cent as renewed Covid lockdowns smother recovery The IMF has downgraded its forecast for the UK’s growth amid fresh lockdowns  Body now expects 4.5 per cent expansion this year as rest of Europe suffers Wider outlook for the world has improved and hope for … Read more

MARKET REPORT: Genus hits record high as it beefs up profit forecast

Shares in animal genetics business Genus hit an all-time high as it brought home the bacon for investors. The company, which selectively breeds livestock and sells bull and pig sperm to farmers, said it was hiking its profit forecasts following a ‘strong’ performance in the six months to December 31. It is now expecting a … Read more

Ocado raises its expected profit forecast again

Ocado hikes profit forecast again after record online grocery purchases during the pandemic Ocado’s retail revenues shot up by almost £150m to £579.6m during the quarter Its anticipated EBITDA for the 2020 financial year is now predicted to be £70m Market research agency Kantar estimates sales could reach £12bn this month  By Harry Wise For … Read more

Rishi Sunak’s ‘scary’ economic forecast

Rishi Sunak’s ‘scary’ economic forecast: Chancellor will reveal devastating financial effect of pandemic next week… and predicts it will still be felt in 2024 Rishi Sunak will deliver ‘scary’ economic forecast his spending review next week His plans will rely on the predictions showing devastating effect of coronavirus Office for Budget Responsibility expected to forecast … Read more

Fashion: The leather forecast | Daily Mail Online

From dresses and coats, to tops, skirts and, of course, the classic jacket. Who’d have thought that leather could be so versatile? Play with layers in different textures. A cotton rollneck and linen shirt under a faux leather dress is warm and stylish Dress, £49.99, zara.com. Rollneck, £39, kettlewellcolours.co.uk. Shirt, £85, withnothingunderneath.com. Earrings, £140, monicavinader.com. Bracelet, £27.99, … Read more

Treasury economist admits no ‘specific forecast’ made of second lockdown effect on businesses

The Treasury failed to create any specific forecasts of the effect of the second lockdown on the UK economy, its chief economist admitted today. Clare Lombardelli told MPs the finance ministry provided ministers with analysis before they decided on the four-week shutdown to December 2. But she confirmed she and her team ‘haven’t looked at … Read more