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Trump’s 15% tariff on medicines will harm patients, say EU drugmakers
The introduction of a 15% import duty on European medicines is expected to increase costs, disrupt supply chains, and negatively impact pharmaceutical companies' market valuations...
Read Full Article →Airport lounges cement the class system. And the food’s not even that good | Dave Schilling
Airport lounges generate significant revenue by offering exclusive amenities and improved dining experiences, attracting travelers willing to pay premium fees for comfort and statu...
Read Full Article →IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks
The IMF’s improved economic forecast reflects increased global trade activity amid eased US tariff pressures, though ongoing policy uncertainties in the United States continue to p...
Read Full Article →Wegovy maker Novo Nordisk’s shares plunge as it cuts sales forecast
Novo Nordisk’s decision to lower its annual revenue and profit expectations has led to a significant drop in its stock value, reflecting investor concerns about the company’s compe...
Read Full Article →Donald Trump tells UK to cut taxes on North Sea oil ‘treasure chest’ – business live
Reducing tax burdens on North Sea oil production could potentially boost investment and enhance the UK's energy sector profitability while leading to lower prices for consumers.
Read Full Article →Vodafone CEO asked how she sleeps at night by ex-franchisee amid £120m legal action
The high court lawsuit involving 62 former Vodafone franchisees could potentially result in significant financial liabilities amounting to £120 million for the company.
Read Full Article →Uber loses UK supreme court appeal over tax on rival apps
The ruling means competing private-hire companies outside London are exempt from a 20% value-added tax, potentially influencing their overall operating costs and competitive positi...
Read Full Article →UK has not hit ‘peak Greggs’, says CEO, as sales slow in heatwave
Despite surpassing £1 billion in sales during the first half, Greggs experienced a decline in profits due to increased expenses, reduced customer visits, and disrupted demand linke...
Read Full Article →Only 0.5% of 90,000 oil slicks reported over five-year period, analysis finds
The significant underreporting of maritime oil pollution incidents may lead to unnoticed environmental damages, potentially increasing future regulatory costs and liability risks f...
Read Full Article →Anglian Water to pay £63m over sewage failures
Anglian Water faces a substantial financial penalty following regulatory findings that it did not properly manage and maintain its wastewater infrastructure, resulting in legal non...
Read Full Article →Rachel Reeves’ ‘save less to invest’ policy could be brilliant for ordinary Britons – or a disaster...
Encouraging individuals to allocate a smaller portion of their savings to investments could boost economic growth, but it also carries potential risks related to market fluctuation...
Read Full Article →As Trump’s tariff regime becomes clear, Americans may start to foot the bill
The introduction of tariffs is expected to increase costs throughout the supply chain, ultimately leading consumers to bear higher prices and affecting overall economic transaction...
Read Full Article →Rising UK food prices turn cash-strapped shoppers away from high street
Increasing costs for essential groceries in the UK have strained consumer budgets, leading to reduced spending at physical stores amid broader economic concerns affecting household...
Read Full Article →New mortgage affordability rules help UK housing market avoid summer lull
Recent changes in lending criteria have encouraged increased property purchases, stabilizing prices and creating favorable conditions for buyers despite anticipated tax-related exp...
Read Full Article →Shareholders of UK fintech Wise vote to move main stock market listing to US
The decision to relocate the primary stock exchange to the United States aims to increase investor interest and potentially raise the company’s market capitalization, reflecting a...
Read Full Article →Von der Leyen ducks Trump’s trade blitz – but deal exposes EU’s faultlines
Although a major trade confrontation was avoided, the resulting agreement could lead to increased duties that may strain the European Union’s internal economic cohesion and trade p...
Read Full Article →Retired baby boomers aren’t responsible for national woes | Letters
The economic impact attributed to retired baby boomers overlooks their years of diligent saving and contribution, as well as their ongoing support for community organizations offse...
Read Full Article →US-EU trade deal is a ‘dark day’ for Europe, says French PM
The agreement introduces a substantial increase in tariffs on European goods exported to the US, potentially raising costs for European businesses and impacting trade balances betw...
Read Full Article →The EU has capitulated to Trump. But even this doesn’t buy an end to the transatlantic trade war | P...
The recent agreement forces European exporters to accept disadvantageous tariff conditions, potentially increasing costs and economic strain while securing significant purchases of...
Read Full Article →‘It would destroy me’: fear of student loan default haunts US borrowers
The resumption of federal student loan repayments has placed significant financial strain on borrowers, many of whom are confronted with overwhelming combined debts that seem diffi...
Read Full Article →Global stock markets jump after trade deal limits US tariffs on EU to 15% – business live
The recent agreement limiting tariffs between the US and EU positively impacted global equity valuations by reducing trade tensions, though ongoing economic challenges and cost pre...
Read Full Article →EU-US tariffs: what is in the trade deal, what is not and who are the winners and losers?
The recent agreement between the EU and US, involving 15% tariffs on many European exports, aims to prevent a costly trade conflict that could impact economies and industries on bo...
Read Full Article →UK gambling industry launches summer charm offensive to head off tax rise
Industry representatives are engaging in strategic efforts to influence policymakers and prevent potential adjustments that could increase the financial burden on the gambling sect...
Read Full Article →Zero-hours contracts: peers accused of ‘trying to block stronger UK workers’ rights’
The recent votes in the House of Lords may impact labor market stability and potentially affect worker income security, influencing employer costs and broader economic conditions i...
Read Full Article →Trump and von der Leyen announce US-EU trade deal – video
The agreement established between the United States and the European Union aims to reduce trade barriers and avoid impending tariffs, potentially impacting economic relations and m...
Read Full Article →Trump and von der Leyen announce US-EU trade deal
The agreement establishes a 15% minimum tariff on the majority of European shipments to the United States, potentially stabilizing trade relations and reducing the risk of prolonge...
Read Full Article →Hundreds of DfT civil servants to be moved to state-owned rail operator
The transfer of numerous civil servants to a government-owned rail company aims to reduce administrative costs and improve efficiency amid broader efforts to restructure the rail s...
Read Full Article →A Trump IRA for kids? It’s worth a bit of money. But here are better options | Gene Marks
The Trump IRA offers a modest tax-advantaged savings opportunity for minors, but there are alternative financial strategies that may provide more substantial long-term benefits for...
Read Full Article →The key to understanding Trump? It’s not what you think
Trump’s financial approach centers on strategic negotiations driven by personal ambition, leveraging reputation and speculative real estate investments that complicate clear assess...
Read Full Article →Has the Epstein affair strained Trump’s cozy relationship with the Murdoch media empire?
The differing coverage by major Murdoch-owned outlets amid the Epstein controversy could influence investor confidence and advertising revenues, potentially affecting the financial...
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