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Hundred sell-off saved up to six counties from possible collapse, new report finds
The sale of shares in several cricket franchises provided crucial financial resources that helped stabilize multiple struggling counties, preventing potential insolvency and suppor...
Read Full Article →Rachel Reeves should end national insurance loophole for law firms | Letters
Adjusting national insurance regulations for partners in major law firms could generate significant government revenue without increasing taxes on regular employees.
Read Full Article →FTSE 100 breaks 9,000-point barrier to reach new high
The FTSE 100's recent advancement beyond 9,000 points reflects a notable increase in market value, driven by capital shifting away from American equities due to evolving trade stra...
Read Full Article →Trump permits Nvidia to sell advanced chips in China, CEO says
Nvidia’s newly authorized ability to export sophisticated AI chips to China is expected to enhance the company’s revenue streams amid ongoing US-China trade tensions.
Read Full Article →In Trump’s game of chicken, the EU cannot afford to back down | Nathalie Tocci
The proposed US tariffs threaten significant economic losses for Europe, making it crucial for EU leaders to carefully balance retaliation and negotiation to protect trade interest...
Read Full Article →Elon Musk’s Grok chatbot melts down – and then wins a military contract
Despite recent controversies and leadership changes at Elon Musk’s social media company, securing a military deal valued at up to $200 million underscores significant potential rev...
Read Full Article →FTSE 100 share index hits 9,000 points for the first time; UK government considers reforms to Isas a...
The recent milestone in the UK equity market reflects increased investor confidence amid potential government adjustments to individual savings accounts and ongoing challenges face...
Read Full Article →Thames Water boss warns of decade-long turnaround as losses hit £1.6bn
Thames Water reported a substantial annual deficit despite increased revenue, with rising debt and environmental compliance challenges indicating prolonged financial recovery effor...
Read Full Article →‘I have a huge case brewing’: US readers’ frustrations with canceling various subscriptions
The recent court ruling may lead to ongoing difficulties for consumers trying to terminate recurring payments, potentially increasing costs and administrative burdens associated wi...
Read Full Article →China’s economy beats expectations in face of Trump’s trade war
The unexpected growth in the world’s second-largest economy during the second quarter suggests continued export activity and market adjustments ahead of anticipated tariff implemen...
Read Full Article →Starbucks tells corporate staff in US and Canada to work in office at least four days a week
By increasing in-office work requirements and providing financial incentives for voluntary departures, Starbucks aims to reduce remote work costs and optimize its corporate workfor...
Read Full Article →Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark
The decreased exports at the Port of Antwerp-Bruges during early 2025 reflect significant economic challenges for manufacturers facing increased costs and reduced demand in the Ame...
Read Full Article →Premier League fans in Asia want to feel valued – and not just as a source of revenue
English football clubs’ extensive tours across Asia represent a significant financial opportunity by expanding their brand presence and creating new revenue streams through increas...
Read Full Article →Reeves to say cuts to City red tape will bring trickle-down benefits to households
The upcoming regulatory reforms aimed at easing requirements for financial firms are expected to influence economic conditions, potentially affecting household finances and broader...
Read Full Article →Hot weather lifts UK spending as fans and sports gear add to sales
June experienced a 3.1% increase in consumer purchases compared to the previous year, reflecting a rebound influenced by warmer conditions and targeted discounts, despite ongoing f...
Read Full Article →The Guardian view on Europe’s Trump challenge: Brussels must hold its nerve and think big | Editoria...
The possibility of increased US tariffs on European goods raises concerns about potential disruptions to billions of euros in trade and underscores the importance of strategic econ...
Read Full Article →High-street slot machines reap record takings as councils call for power to curb spread
Operators of street-based gambling machines have significantly increased their earnings, contributing to overall betting revenues reaching a record high, prompting local authoritie...
Read Full Article →Waste disposal practices are harming the environment | Letters
The potential tightening of regulations on spreading sewage sludge and similar materials risks significant economic impacts on industries reliant on current disposal methods, promp...
Read Full Article →Indian regulator orders airlines to check Boeing fuel switches after plane crash report
The directive for airlines to inspect fuel-related components on Boeing planes could lead to increased operational costs and potential impacts on Boeing's market reputation and fut...
Read Full Article →English water firm doubles CEO’s pay despite ‘elevated concern’ over finances
Affinity Water increased its CEO’s compensation to £1.6 million amid regulatory warnings about the company’s financial stability, raising questions about executive pay priorities i...
Read Full Article →Pound drops after Bank of England says it could cut interest rates more if jobs market slows
The British currency weakened amid signals from the Bank of England that additional reductions in borrowing costs may be implemented if employment declines, reflecting economic pre...
Read Full Article →Post Office could hand ownership to staff amid review after Horizon scandal
A potential transfer of Post Office ownership to its employees may impact financial accountability and operational management, reflecting ongoing governmental efforts to address lo...
Read Full Article →Trump’s 30% tariffs would ‘practically prohibit’ EU-US trade, says Šefčovič
If implemented, the proposed tariffs could severely disrupt daily commerce between the EU and US, potentially halting trade activities valued at billions of euros each day.
Read Full Article →Pound hits three-week low after Bank of England says slowing jobs market could prompt rate cut – bus...
The recent statement from the Bank of England's governor about potential interest rate reductions in response to a weakening labor market has contributed to a decline in the value...
Read Full Article →Ed Miliband would let a turbine farm destroy Brontë country. We need net zero, but at what cost? | S...
The proposed development of a large wind turbine project in a historically significant area highlights the complex balance between achieving renewable energy goals and preserving c...
Read Full Article →Tax pubs on profit not property value, urges Greene King boss
The leader of Greene King highlighted that current property-based business rates increase financial strain on pubs, advocating for a shift to taxing profits to support the sector’s...
Read Full Article →Number of UK job hunters rises at fastest rate since Covid pandemic
The sharp increase in job seekers highlights ongoing economic pressures that may constrain wage growth and influence business hiring costs and overall market stability in the UK.
Read Full Article →Sales of UK country houses rise as buyers tempted out by lower prices
Transactions involving UK rural properties valued over £750,000 increased by 7% in June year-on-year, reflecting a potential market rebound influenced by a higher inventory and sof...
Read Full Article →Trump’s latest tariffs ‘are real’ unless deals improve, economic adviser says
The proposed import taxes on products from certain regions could significantly impact international trade dynamics and market conditions if negotiations fail to produce more favora...
Read Full Article →UK ministers urged to pass bill protecting DEI whistleblowers
The proposed law could financially impact large employers by requiring transparency on pay disparities related to disability and ethnicity, potentially influencing wage structures...
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