News from The Guardian – Business
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US credit rating downgrade could add to pressure on government debt
The recent downgrade of the US government’s credit status by a major agency reflects growing concerns over fiscal imbalances, potentially increasing borrowing costs and affecting i...
Read Full Article →Five common banking mistakes – and how to avoid making them
Failing to regularly review banking terms, relying on overdrafts, or avoiding comparisons with other providers can result in significant unnecessary financial losses for customers...
Read Full Article →This pause in the trade war will be brief. Small businesses, plan accordingly
The temporary halt in tariffs offers some relief to businesses, but ongoing levies and historical duties continue to impact import costs and trade expectations moving forward.
Read Full Article →UK train companies could have to pay disabled passengers more compensation after rule change
Following new regulations, UK railway operators may face increased financial liabilities when addressing accessibility-related complaints, as compensation payouts are no longer res...
Read Full Article →Revealed: European ‘green’ investments hold billions in fossil fuel majors
Several European investment funds labeled as environmentally focused collectively maintain over $33 billion in shares of leading oil and gas corporations, including the largest glo...
Read Full Article →UK government dropped health push after lobbying by ultra-processed food firms
The decision to remove recommendations encouraging retailers to promote healthier food options likely impacted market dynamics and sales strategies, potentially affecting revenue d...
Read Full Article →Bank of England should promise lower interest rates and see off Nigel Farage | Phillip Inman
Lowering borrowing costs gradually to a more affordable level could encourage businesses to expand operations, invest strategically, and improve financial stability, thereby potent...
Read Full Article →‘It feels like we never left’: resentment builds in one of UK’s firmest Brexit-backing areas
Many residents in Thurrock feel frustrated about Brexit’s unresolved impacts, which affects local confidence in economic prospects and the potential benefits of renewed trade relat...
Read Full Article →No 10 actively investigating winter fuel payment changes as fears grow over voter anger
The government is closely examining adjustments to the winter fuel allowance reduction due to widespread public dissatisfaction, aiming to assess potential impacts on voter sentime...
Read Full Article →Lib Dems claim deeper trade deal with EU would raise £25bn of tax revenue
According to the Liberal Democrats, negotiating a more comprehensive trade agreement with the EU could generate an additional £25 billion in tax income, potentially funding the res...
Read Full Article →How Donald Trump’s ‘historic’ Gulf state deals benefit a handful of powerful men
The recent agreements between the US and Gulf states are expected to generate significant revenue by expanding market access for major technology companies and strengthening strate...
Read Full Article →Gone in 40 days: how Trump’s ‘liberation day’ tariff assault unraveled
The aggressive tariff measures implemented over a brief period led to increased consumer costs and dampened economic momentum, with ongoing effects influencing market stability and...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →Which Trump tariffs are active, which are paused and what’s next?
The ongoing tariffs affect various industries and trading partners, influencing costs and supply chains, while some remain suspended or exempted, creating uncertainty for businesse...
Read Full Article →Controversial ‘dynamic pricing’ model revealed in FA Cup final seat sales
The implementation of varied ticket pricing strategies in high-profile sporting events can significantly increase revenue, reflecting evolving market dynamics and consumer willingn...
Read Full Article →Families of victims appalled as Boeing seems likely to avoid prosecution over 737 Max crashes
A potential non-prosecution deal could allow Boeing to avoid admitting wrongdoing, significantly impacting financial liabilities and possibly reducing costs related to the 737 Max...
Read Full Article →Anglian Water fined record £1.42m for contaminating water supply
The £1.42 million penalty imposed on Anglian Water reflects the serious financial consequences of regulatory breaches that compromised the quality of drinking water for over a mill...
Read Full Article →UK Peppa Pig toy firm says trading ‘uncertain’ as US-China shipments on hold
The suspension of exports from China to the US has created financial uncertainty for the London-listed toy manufacturer, potentially impacting its revenue and market stability amid...
Read Full Article →Trump says US will unilaterally set new tariff rates for scores of countries
The decision to impose new tariff rates without individual negotiations could significantly impact international trade relations and alter import costs for multiple countries simul...
Read Full Article →Cash Isas: ministers sound out City bosses on cutting £20,000 tax-free allowance
Reducing the current £20,000 exemption on tax-free savings could influence investment patterns and impact the performance of domestic equities, while eliciting mixed reactions from...
Read Full Article →Number of UK billionaires falls after market turmoil; Japan’s GDP shrinks – business live
Recent economic data indicates Japan’s GDP contracted due to weaker exports, while the UK experienced comparatively stronger growth, reflecting divergent recovery trajectories with...
Read Full Article →Trump announces more than $200bn of deals between US and UAE
The agreements between the United States and the United Arab Emirates involve substantial investments in aerospace and other sectors, reflecting a significant increase in economic...
Read Full Article →Wealthy Britons avoiding more tax than thought, spending watchdog says
The National Audit Office highlighted a significant shortfall in tax revenues from affluent individuals, emphasizing the need for increased government action to recover billions of...
Read Full Article →The Guardian view on Europe’s growing wealth divide: back to the world of Balzac | Editorial
Rising asset values and tax policies favoring inheritance have significantly increased wealth transfer across generations, intensifying economic disparities between those with inhe...
Read Full Article →Energy bill defaults hit record high, says ONS
Recent data from the government indicates a rising number of households are facing financial difficulties, leading to an increased rate of missed automatic payments for utility ser...
Read Full Article →Is Burberry’s job-slashing shake-up enough to save the troubled brand?
Burberry’s decision to reduce its workforce following a significant decline in profits reflects challenges in both the luxury market and brand appeal, prompting a notable positive...
Read Full Article →UnitedHealth Group shares plunge after report of Medicare fraud inquiry
The value of UnitedHealth Group’s stock declined significantly following news of a federal probe into alleged fraudulent activities related to Medicare, coinciding with the announc...
Read Full Article →Largest US crypto exchange says cost of recent cyber-attack could reach $400m
The recent cybersecurity breach impacting a portion of the exchange’s users is expected to result in financial losses ranging from $180 million up to $400 million, excluding the co...
Read Full Article →Walmart will have to raise prices this month due Trump tariffs, executives say
Walmart anticipates increased costs from recently imposed tariffs, leading to higher product prices this month, as the company aims to maintain sales growth despite facing addition...
Read Full Article →Trump says he has a ‘little problem’ with Tim Cook over Apple’s India production
The reported shift of iPhone assembly from China to India could impact supply chain costs and trade dynamics, drawing attention from political leaders concerned about domestic manu...
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