News from The Guardian – Business
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IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – business live
The International Monetary Fund’s updated projections indicate improved economic prospects for the United Kingdom in 2025, while the postponement of US tariffs on European goods ha...
Read Full Article →Rachel Reeves should refine fiscal rules to avoid emergency spending cuts, IMF says
The IMF’s improved growth outlook for the UK highlights the importance of revising fiscal strategies to maintain budget stability and reduce the risk of sudden reductions in public...
Read Full Article →KFC plans to invest £1.5bn in UK and Ireland, creating thousands of jobs
The planned multibillion-pound investment by the fast-food company is expected to drive economic growth through extensive job creation and significant expansion of its restaurant n...
Read Full Article →Liberty Steel’s South Yorkshire operations lost £340m in four years
Over a recent four-year period, the South Yorkshire steelworks owned by Sanjeev Gupta experienced substantial financial losses, highlighting severe operational challenges ahead of...
Read Full Article →James Bond franchise owners request more time to defend control of 007 spy name
The outcome of the trademark dispute could significantly impact the James Bond brand’s market value and revenue streams across merchandise, media, and licensing opportunities throu...
Read Full Article →Tough times loom for night-time economy as young Britons opt to go out (and go home) early
Changes in consumer behavior driven by digital trends and convenience services may reduce spending in late-night venues, potentially impacting revenue streams within the hospitalit...
Read Full Article →UK food inflation rises for fourth month in a row as steaks beef up prices
The steady increase in the cost of fresh food, particularly meat, contributes to ongoing pressure on household budgets despite an overall decline in general price inflation across...
Read Full Article →Tourists from countries badly hit by Trump tariffs are staying away from US
Recent data indicates that travelers from nations affected by trade restrictions are reducing visits to the United States, impacting the hospitality sector and reflecting changing...
Read Full Article →EU hopes for speedy deal to resolve US trade war after Trump delays 50% tariffs
The postponement of significant import taxes by the United States has increased optimism among European officials for a rapid agreement that could stabilize transatlantic economic...
Read Full Article →Led By Donkeys wanted to confiscate Michelle Mone’s yacht but settled for renaming it. It was still...
Renaming the yacht highlighted public disapproval of profiting extensively from a crisis, drawing attention to ethical concerns about wealth accumulation during national emergencie...
Read Full Article →HS2 investigates claims company overcharged for supplying workers
HS2 Ltd is reviewing allegations that a subcontractor supplying labor for the West Midlands portion of the high-speed rail project may have inflated staffing expenses, potentially...
Read Full Article →Corporate diversity policies are under fire from the right – but also from the left
The ongoing debate over workplace inclusion efforts affects funding decisions and corporate reputations, potentially influencing investment strategies and operational priorities ac...
Read Full Article →Watch Labour’s flip-flopping on winter fuel and benefits, and you’ll see who’s really considered imp...
Recent government decisions regarding welfare support illustrate the balancing of budget priorities against public needs, reflecting ongoing debates about the allocation of funds t...
Read Full Article →‘Think big’: ex-pensions minister calls for UK contributions minimum to go up
A former official emphasizes the need for higher contribution rates in the UK pension system to ensure individuals accumulate sufficient funds for a financially secure retirement.
Read Full Article →Fears 300,000 British electricity meters will not work after tech switch-off
The discontinuation of the Radio Teleswitch Service may lead to significant energy management disruptions for hundreds of thousands of households, potentially increasing costs due...
Read Full Article →Taxpayers set for £10bn loss on NatWest as disgraced ex-boss takes £600k-a-year pension
The government is poised to finalize the sale of its remaining shares in NatWest, resulting in a multibillion-pound shortfall from the 2008 rescue, while the former chief receives...
Read Full Article →About £1bn in car loan compensation at risk because data deleted, lawyers warn
Lawyers caution that routine data deletion by lenders could jeopardize compensation claims worth around £1 billion for consumers affected by previously inflated car loan costs.
Read Full Article →EU president secures tariffs delay after talk with Trump
The postponement of the 50% tariff enforcement until July provides additional time for the United States and the European Union to negotiate trade terms, potentially reducing immed...
Read Full Article →‘Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm
The expansion of cryptocurrency ventures linked to the president and his family, alongside efforts to reduce regulatory oversight, has raised concerns about potential conflicts of...
Read Full Article →Who is calling the shots when it comes to UK wage levels: workers or bosses?
The recent significant wage increases in the UK, driven by collective bargaining and industrial action, have raised concerns among economists about potential impacts on inflation a...
Read Full Article →Crypto investor in New York charged in kidnapping and torture plot
The case involving the alleged seizure of digital assets through violent means highlights potential risks and challenges in safeguarding virtual investments within high-value urban...
Read Full Article →Any trade deal with US must be based on ‘respect not threats’, says EU commissioner
The potential introduction of substantial import duties could significantly impact transatlantic trade flows, influencing market access and economic relations between the European...
Read Full Article →Trump’s latest Wall Street showdown pushes investor scepticism to the brink
The proposed fiscal policies have increased uncertainty among investors, causing volatility in bond markets and potentially affecting international economic stability through heigh...
Read Full Article →Expert calls Musk’s ‘Doge’ involvement ‘one of the greatest brand destructions’
Scott Galloway highlighted that Elon Musk’s controversial decisions have potentially harmed Tesla’s market value by distancing key customers and associating the company with politi...
Read Full Article →‘We trusted them’: East End fishmongers take on the City to save ancient markets
The potential shutdown of historic markets could threaten small business incomes and reduce community access to fresh food, highlighting concerns over economic impact and food avai...
Read Full Article →As Trump focuses on his trade war, Brazil and China forge closer ties
The strengthening partnership between Brazil and China signals a potential shift in global economic alliances, potentially affecting trade dynamics and investment flows in Latin Am...
Read Full Article →Trump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’
The planned introduction of a 50% import duty on goods from Europe starting next month could disrupt trade flows and potentially impact financial markets due to increased costs and...
Read Full Article →Boeing to avoid prosecution over 737 Max crashes in justice department deal
Boeing has agreed to a financial settlement exceeding $1.1 billion, which includes compensation for victims’ families, as part of a resolution to avoid criminal charges related to...
Read Full Article →Trump’s tariff threat reruns are as fierce as they are fleeting
Trump’s recurring tariff threats create financial uncertainty for global markets and businesses, prompting short-term disruptions while increasing concerns about potential trade ba...
Read Full Article →The Guardian view on billionaire Britain: tax wealth fairly or face democratic unravelling | Editori...
The growing concentration of wealth among Britain’s richest families highlights concerns about economic imbalance, as the financial gains of a few increasingly surpass those of a l...
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