News from The Guardian – Business
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Why has a US court blocked Donald Trump’s tariffs – and can he get round it?
A recent federal court decision has the potential to impact the administration’s approach to international trade by challenging the legality of newly established border taxes, rais...
Read Full Article →Nigel Farage is ‘Liz Truss all over again’, says Keir Starmer – video
Keir Starmer criticized Nigel Farage's economic approach, suggesting it could negatively impact job security in tariff-affected sectors, highlighting concerns about potential finan...
Read Full Article →Stock markets rise in Asia and Europe after Trump tariffs blocked by US court – business live
Global equity markets showed positive movement following a court decision affecting trade policies, prompting investors to adjust currency positions and impacting the strength of t...
Read Full Article →US firm that tests eligibility for UK disability benefits reports 23% rise in profits
The UK division of a US-based company providing functional assessment services for government benefits experienced a significant increase in pre-tax earnings, reflecting improved f...
Read Full Article →How Israeli settlers profit from stolen Palestinian land – video
Some Israeli settlers generate income by offering rental properties on major tourism platforms in contested areas of the West Bank, where Palestinians face displacement and restric...
Read Full Article →Baby formula prices at historic high despite UK watchdog proposals
The persistent high cost of infant milk products impacts household budgets significantly, as major manufacturers maintain elevated prices while official regulatory actions have yet...
Read Full Article →US federal court blocks Trump from imposing sweeping tariffs
The court’s decision prevents the implementation of broad import tariffs that could have significantly impacted trade costs, market stability, and international economic relations.
Read Full Article →Airplane gifted by Qatar 'much too big', laments Donald Trump – video
The large size of the gifted Boeing 747-8 could lead to increased operational and maintenance expenses compared to the older, smaller model currently used as Air Force One.
Read Full Article →Trump laments size of ‘much too big’ airplane gifted by Qatar
The financial impact involves significant maintenance and operational costs associated with the oversized aircraft gifted by Qatar, which exceeds the dimensions of the existing pre...
Read Full Article →Starmer to say Reform’s spending plans would cause a Truss-style meltdown
The proposed tax and expenditure policies by Reform UK have raised concerns about potential economic instability and increased borrowing costs, which could negatively impact househ...
Read Full Article →Nvidia beats Wall Street expectations even as Trump tamps down China sales
Nvidia’s quarterly revenue surged 69% year-over-year to $44.1 billion, surpassing analyst forecasts and highlighting strong growth in its data center segment despite geopolitical c...
Read Full Article →Starling’s profits drop 25% as bank takes blame for Covid loan losses
Starling Bank experienced a significant decline in annual earnings due to £28 million in loan losses linked to government-backed Covid support, which the CEO attributed to internal...
Read Full Article →Why a new zero-carbon UK steel plant offers hope and a headache
Investing in a domestic zero-carbon steel facility involves substantial costs but could support sustainable industry growth and reduce reliance on imports, prompting mixed economic...
Read Full Article →Shein turns to Hong Kong for flotation as London attempt stalls, reports say
Shein is shifting its focus to a Hong Kong public offering to secure capital and expand its market presence after facing regulatory challenges in obtaining approval for a European...
Read Full Article →Elon Musk says Trump tax bill weakens Doge cost-cutting efforts
Elon Musk indicated that recent US government spending could hinder efforts to reduce expenses, potentially increasing the national budget deficit and impacting financial strategie...
Read Full Article →Thames Water hit with £123m of fines over sewage and dividend breaches
Thames Water faces substantial penalties totaling £123 million due to regulatory violations, reflecting significant financial consequences aimed at holding the company and its inve...
Read Full Article →UK grocery inflation jumps to highest level in 15 months
The recent surge in grocery prices, influenced by higher costs of popular items, is leading consumers to seek discounts and own-brand alternatives to cope with tighter household bu...
Read Full Article →Can trade in soil carbon credits help farmers – and the climate?
Trading carbon credits derived from improved soil management offers farmers a potential new revenue stream while contributing to broader environmental goals, though the overall imp...
Read Full Article →A great prize, but a great risk: why we all need the nationalised South Western Railway to work | Sa...
The financial outlook for the newly state-run South Western Railway depends on its ability to reduce ticket prices and enhance service quality to justify continued public investmen...
Read Full Article →Trump’s tariff war will cause global damage, says Grosvenor boss
Mark Preston, leading a major UK property firm, warns that ongoing international trade restrictions could disrupt economic stability worldwide but believes these measures will be r...
Read Full Article →UK homeowners selling for 4.5% below asking price, survey shows
In May, increased housing supply and higher transaction volumes led sellers to accept offers averaging roughly £16,000 less than their initial expectations, reflecting shifting mar...
Read Full Article →AI tool trial could save equivalent of 1.5m meals in food waste
The implementation of this artificial intelligence system by several UK firms, including Nestlé, demonstrates substantial potential to reduce food waste and improve the efficiency...
Read Full Article →Reeves in standoff with ministers over proposed cuts to public services
The potential reductions in funding for public services such as policing and social housing have raised concerns about budget constraints and the need for adjustments to fiscal pol...
Read Full Article →Trump’s media company to take $2.5bn investment to buy bitcoin
Trump Media and Technology Group plans to raise $2.5 billion through equity and convertible debt offerings from institutional investors to fund the expansion of its bitcoin holding...
Read Full Article →By delaying its child poverty plan, Labour has a chance to reverse 15 years of inequality | Gordon B...
Delaying the child poverty strategy allows Labour to carefully assess financial resources and policy measures, ensuring any proposed changes can be effectively supported within the...
Read Full Article →Fair taxation is about more than bashing the rich | Letters
Implementing a more balanced approach to taxation, including aligning capital gains with income tax and adjusting local taxes, could generate significant government revenue while i...
Read Full Article →US consumer confidence rebounds after months of tariff anxiety
The recent increase in consumer sentiment suggests a potential boost in spending and economic activity, which could positively influence markets and business revenue following a pe...
Read Full Article →Trump accuses EU of dragging its heels on a tariff deal with the US
Delays in reaching an agreement on import tariffs between the US and the EU could potentially increase trade tensions, affecting market stability and economic relations between the...
Read Full Article →Nigel Farage refuses to commit to keeping pensions triple lock if he wins next election
The potential removal of pension guarantees combined with proposed tax reductions raises questions about future government spending priorities and the sustainability of public fina...
Read Full Article →Apple’s triple threat: tariffs, AI troubles and a Fortnite fail
Apple faces growing financial challenges due to increased trade costs, difficulties integrating artificial intelligence, and setbacks in the gaming sector, signaling a notable shif...
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