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US to slash tariff on small China parcels from 120% to 54%
Reducing import fees on low-value shipments from China to the US is expected to lower costs for consumers and enhance market opportunities for online retailers like Shein and Temu.
Read Full Article →UK unemployment rises to highest in nearly four years
Increased employer national insurance payments have coincided with a decline in available positions, contributing to a slower labor market and a growth in the proportion of individ...
Read Full Article →‘It underpins everything’: how people in a relationship manage their finances
Many couples today choose various methods of handling their money, reflecting changing attitudes toward financial independence and partnership by balancing shared expenses with per...
Read Full Article →We told young people that degrees were their ticket to a better life. It’s become a great betrayal |...
Rising unemployment and technological changes have diminished the expected return on higher education investments, leading many recent graduates to face financial instability despi...
Read Full Article →Warm weather and Easter weekend boosted UK spending in April, says Barclays
In April, UK consumer expenditure notably increased compared to the previous year, driven by favorable seasonal factors and a rise in discretionary purchases, indicating a positive...
Read Full Article →Pension funds ‘to unlock up to £50bn’ of investment, with half for UK firms
Seventeen major UK pension fund managers have committed to a new agreement with the government, aiming to direct a substantial portion of investments towards domestic companies and...
Read Full Article →Reeves’s Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley
Several major UK pension funds have voluntarily committed to increasing domestic private market investments, but the numerous attached conditions and optimistic financial projectio...
Read Full Article →‘Would do more harm than good’: what will Trump’s tariffs really mean for Hollywood?
The proposed tariffs on imported films could increase costs for distributors and theaters, potentially reducing profits and limiting the availability of international movies in the...
Read Full Article →The Guardian view on UK trade: quiet re-engagement is a slow fix for Brexit’s mistakes | Editorial
The recent UK trade agreements highlight the country's role in providing regulatory standards and affluent markets, which supports partner nations’ economic growth while signaling...
Read Full Article →‘Things could fall over’: businesses and public services on Starmer’s immigration crackdown
Several key industries warn that tightening immigration controls may worsen existing labor shortages, potentially disrupting critical services and economic stability across social...
Read Full Article →Trump signs order aiming to slash US drug prices to match those abroad
The executive action introduces a pricing framework intended to reduce medication expenses in the US by aligning them with international rates, potentially impacting pharmaceutical...
Read Full Article →Cobalt firm taps in to electric car boom with £174m London stock market float
Cobalt Holdings plans to raise £174 million through a London public offering to secure metal supplies from Glencore, reflecting strategic positioning amid fluctuating demand in the...
Read Full Article →Trump claims ‘total reset’ of US-China ties as 90-day pause to trade war agreed
The announcement of a temporary halt in tariff increases between the US and China led to a market rally, reflecting investor optimism about reduced trade tensions and potential eco...
Read Full Article →UK windfall tax can fund switch to green jobs for North Sea oil workers – report
Implementing a permanent levy on energy company profits could provide substantial funding to support the retraining and employment of North Sea oil workers in sustainable energy se...
Read Full Article →Trump might claim China tariff victory – but this is Capitulation Day | Heather Stewart
The temporary suspension of tariffs between the US and China sparked positive market reactions, with stocks rising and bond yields increasing amid investor optimism despite ongoing...
Read Full Article →Stock markets, dollar and oil rally as US and China agree to slash tariffs in 90-day pause – busines...
The temporary suspension of reciprocal import taxes between the United States and China has positively influenced global markets, leading to increased investor confidence and upwar...
Read Full Article →Trump’s dangerous projects follow a predictable pattern
The recent decline of several key government initiatives has led to financial setbacks, impacting trade policies and regional investments while highlighting broader economic challe...
Read Full Article →US and China agree to lower tariffs in trade war de-escalation – video
The temporary reduction of tariffs between the United States and China is expected to ease trade tensions, potentially boosting economic activity and stabilizing markets by lowerin...
Read Full Article →Pharmaceutical stocks slide as Trump vows to cut US prescription drug prices ‘by 30-80%’
The announcement of aggressive measures to lower medication costs in the United States has caused a notable decline in the market value of companies producing pharmaceuticals.
Read Full Article →For Silicon Valley, AI isn’t just about replacing some jobs. It’s about replacing all of them | Ed N...
The financial impact of AI innovation extends beyond incremental gains, aiming to automate entire industries and thereby redirect vast amounts of labor costs into corporate revenue...
Read Full Article →‘I’ve never known fear like it’: Tom Kerridge on booze, bad-boy chefs and the crisis for pubs and re...
The ongoing difficulties in the hospitality sector are impacting revenue streams and employee stability, highlighting the broader economic challenges faced by businesses in food an...
Read Full Article →MPs should not accept any murky answers from Thames Water chair on potential sale | Nils Pratley
The upcoming scrutiny of Thames Water’s leadership is crucial as investor confidence has eroded, leading to a refinancing effort involving a US private equity firm aiming to secure...
Read Full Article →Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases
Rising labor expenses and trade uncertainties have led to decreased business optimism in the UK, resulting in accelerated workforce reductions and a cautious approach toward new hi...
Read Full Article →‘Substantial progress’ at US-China trade talks, says Scott Bessent
The recent discussions between American and Chinese officials have led to advancements that may positively impact bilateral commerce and reduce existing trade tensions between the...
Read Full Article →UK supermarkets suspend supplies from Lincolnshire pig farm over cruelty claims
Major UK retailers halting orders from a key supplier due to animal welfare concerns may lead to significant revenue losses and disrupt supply chains within the country’s pork indu...
Read Full Article →Trump will destroy world trade, but democracies can defend themselves – and each other | Anders Fogh...
The proposal for a coalition of seven leading democracies aims to safeguard shared economic interests and promote stability by collectively responding to disruptive trade policies...
Read Full Article →Yes, AI will eventually replace some workers. But that day is still a long way off
The adoption of artificial intelligence has the potential to enhance operational efficiency and drive growth, although many companies are still cautious about fully relying on it f...
Read Full Article →The insidious doublespeak of Trump’s freedom of ‘choice’
The administration’s emphasis on consumer choice in product variety may influence market competition and spending behavior, while simultaneously affecting regulatory costs and long...
Read Full Article →Trump wants tariffs on ‘foreign’ movies. But there’s a reason no one wants to shoot in LA
Imposing high duties on internationally produced films could disrupt global trade relationships and potentially reduce revenue for the domestic entertainment industry, impacting ov...
Read Full Article →British plane parts ‘exempted from Trump tariffs’ as US trade deal progresses
The removal of US tariffs on certain British aerospace components is expected to positively impact the UK’s £40 billion industry by facilitating increased exports to the American m...
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