Current Affairs of 25 March 2025

National and International Current Affairs - March 25, 2025

UK Approves £9bn Lower Thames Crossing Amid Environmental Concerns

The UK government has approved the £9bn Lower Thames Crossing, a new road tunnel linking Kent and Essex.While business groups welcome the improved connectivity, environmentalists criticize the project for potentially increasing carbon emissions and traffic congestion.

Heathrow Airport Fire Deemed Non-Criminal

A fire at Heathrow Airport's electrical substation led to temporary closures but is no longer considered a criminal matter, according to the Metropolitan Police.

Australian Treasurer Unveils 2025 Budget Focusing on Cost of Living and Medicare

Treasurer Jim Chalmers delivered the 2025 budget, emphasizing themes of cost-of-living relief, strengthening Medicare, and building Australia's future.Key measures include a tax cut ""top up"" providing an average worker with an extra $538 per year starting mid-2027.

Hyundai Announces $21bn Investment in US Manufacturing

Hyundai plans to invest $21bn in the United States to increase vehicle production and strengthen the steel supply chain.This move is seen as a strategy to mitigate potential tariffs threatened by President Trump.

Shell CEO's Pay Rises to £8.6m Amid Profit Decline

Shell faces criticism as CEO Wael Sawan's pay increased to £8.6m despite the company's lower profits.

British Retail Sales Experience Steepest Drop in Eight Months

British retail sales saw the steepest drop in eight months as consumers reduced spending, indicating potential concerns about the economic outlook.

ACTU Emphasizes Need for Real Wage Growth

ACTU President Michele O'Neil highlighted the necessity of continuing to raise real wages to address cost-of-living pressures in Australia.

Australian Government Faces Criticism Over Environmental Legislation

The Australian government is under scrutiny for new environmental legislation aimed at protecting Tasmania's salmon farming industry, with critics arguing it may weaken broader environmental protections.

Independent MP Jackie Lambie Calls for Government Transparency

Independent MP Jackie Lambie criticized the Australian government for a lack of transparency in its recent actions and decisions.

Shadow Finance Minister Jane Hume Advocates for Tax Reforms

Shadow Finance Minister Jane Hume focused on tax reforms and fiscal restraint in response to the 2025 budget, emphasizing the need for responsible economic management.