AngloStream

Venezuela holds the world’s largest proven oil reserves, but decades of underinvestment, sanctions and collapsing infrastructure mean production has plunged — and while Trump says US firms will spend billions to reverse the decline, any significant boost in output will take years.

UK staff at the Bank of England are facing uncertainty as Governor Andrew Bailey warns of “tough choices” ahead to reshape the institution’s cost-base. The memo suggests savings of around 6-8% of operating budgets, sparking fears of potential job cuts at Threadneedle Street.

Finding a job just got tougher. New official figures show there are fewer UK job vacancies, pushing down hiring activity and raising competition for roles. Hiring weakness is widening across sectors—especially retail, hospitality and admin—making it a challenging market for job-seekers.