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Trump tells Europe to ‘get your act together’ on immigration before US-EU trade talks
Ongoing discussions between the United States and the European Union aim to resolve key obstacles that could impact trade relations and economic outcomes ahead of a critical bilate...
Read Full Article →Two-fifths of mobile phone thefts in Europe happen in UK, shows insurance data
The rising number of mobile phone theft claims in the UK, especially in London, highlights a growing financial burden for insurers and potentially higher costs for consumers in the...
Read Full Article →Dear Keir Starmer, stop cosying up to Donald Trump – or he’ll drag Britain down with him | Simon Tis...
Britain’s financial resources are increasingly strained due to the costs of heightened security and public expenditure associated with accommodating controversial diplomatic visits...
Read Full Article →‘Terrible fuel efficiency, no right-hand drive’: why trade deal won’t warm up Japan to American cars
American car manufacturers face financial challenges entering the Japanese market due to local preferences for smaller, more efficient vehicles and infrastructure incompatible with...
Read Full Article →Von der Leyen to meet Trump in Scotland as EU and US close in on deal
The upcoming discussions between the EU and the US leaders could lead to a trade agreement that may significantly impact transatlantic economic relations and market dynamics.
Read Full Article →Nationwide building society’s members deserve real votes | Nils Pratley
The governance structure of Nationwide has financial implications, as the lack of binding member votes on significant decisions like executive compensation and acquisitions raises...
Read Full Article →Nationwide boss’s £7m pay package declared ‘obscenity’ during AGM
The approval of a 43% increase in the chief executive’s compensation to £7 million at the building society’s annual meeting sparked controversy among members who questioned its ali...
Read Full Article →Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF
The IMF recommends that the UK government explore new revenue sources and fiscal policies to maintain financial stability and ensure progress toward reducing the national budget de...
Read Full Article →As food prices rise, Mamdani wants public grocery stores in New York. Can it work?
Implementing municipally operated grocery stores could potentially lower consumer expenses by reducing operational costs and leveraging wholesale purchasing, thereby addressing aff...
Read Full Article →IMF warns UK faces ‘significant challenges’ in face of trade war and tight fiscal rules; British ret...
The combination of ongoing trade tensions and strict budgetary constraints is exerting downward pressure on the UK economy, contributing to weaker retail performance and a deprecia...
Read Full Article →People in the UK: share your experience of trying to find a job in hospitality
Rising unemployment and a slowing job market have affected the hospitality sector’s hiring patterns, highlighting challenges for both job seekers and employers in securing and offe...
Read Full Article →RFK Jr wants bright artificial dyes out of food. Are Americans ready to let go?
The shift toward natural food colorings endorsed by major manufacturers could influence consumer spending patterns and impact profitability within the US food and beverage sector o...
Read Full Article →AI-backed medical debt company claims payment plans can help US healthcare costs
PayZen’s strategy of acquiring hospital debt at reduced rates aims to alleviate financial burdens on patients while addressing challenges posed by impending insurance reductions an...
Read Full Article →Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs
Volkswagen reported a significant reduction in operating profits for the first half of the year, largely attributed to increased expenses linked to US import duties affecting its e...
Read Full Article →NatWest investors given £1.5bn weeks after full privatisation
Following increased earnings, NatWest intends to return significant capital to shareholders through dividends and share repurchases shortly after the government's complete exit fro...
Read Full Article →Warm weather and live events give lift to retail sales in Great Britain
In June, warmer conditions and numerous high-profile sporting and entertainment events contributed to a moderate rise in consumer spending, helping retail sales recover after the p...
Read Full Article →The real winners from Trump’s ‘AI action plan’? Tech companies
Significant investments by leading technology firms appear to have influenced policy changes, resulting in reduced regulatory obstacles that may enhance innovation and financial op...
Read Full Article →Tens of thousands knocked offline after software failure at Musk’s Starlink
The unexpected software malfunction caused significant service interruptions, potentially impacting Starlink’s revenue and customer retention during a critical period of expanding...
Read Full Article →US regulators approve $8.4bn Paramount-Skydance merger
The merger clearance enables an $8.4 billion transaction consolidating major entertainment assets, following regulatory approval linked to a $16 million settlement related to a hig...
Read Full Article →Trump tussles with Jerome Powell on rare visit to Federal Reserve
During a notable meeting at the Federal Reserve, President Trump challenged Jerome Powell regarding the central bank’s recent expenditure, while urging a reduction in interest rate...
Read Full Article →Trump and Fed chair Powell clash over Federal Reserve renovation cost – video
The disagreement between Trump and Powell highlights concerns about the accuracy and transparency of reported expenses for the Federal Reserve’s recent headquarters renovation proj...
Read Full Article →A fifth of California homes are investor-owned as state’s affordability crisis deepens – report
Approximately 19% of residential properties in California are owned by investors, highlighting ongoing challenges in the housing market that may contribute to limited affordability...
Read Full Article →The Guardian view on global inequality: the rising tide that leaves most boats behind | Editorial
The concentration of wealth among a small percentage of individuals underscores a growing disparity that challenges economic stability and suggests that overall growth benefits are...
Read Full Article →It is one of the deadliest chemicals on Earth – but even Mexico’s cartels can’t resist the lure of m...
The illegal trade of mercury, fueled by strong gold market demand, generates significant profits for organized groups despite international efforts to curb its production and limit...
Read Full Article →Water firms should serve the common good | Letters
Implementing legal requirements for private water companies to prioritize public benefits over profits could enhance accountability and influence financial management to better pro...
Read Full Article →EU fails to reduce 50% steel tariff in outline trade deal with US
The continuation of high tariffs on steel exports to the US poses a substantial financial burden on European producers, potentially leading to significant revenue losses amid compe...
Read Full Article →Starbucks’ CEO made 6,666 times more than his workers in 2024
In 2024, the compensation disparity between Starbucks’ highest executive and typical employees widened significantly, highlighting increasing income inequality within the company c...
Read Full Article →European Central Bank keeps interest rates on hold despite sluggish growth
By maintaining current borrowing costs, the European Central Bank signals caution amid modest economic expansion and inflation, potentially affecting investment decisions and finan...
Read Full Article →Wise is bundling co-founder’s enhanced voting rights into ballot on US listing. It deserves to lose...
The proposal to change Wise’s main stock market to the US, combined with giving its co-founder stronger voting influence, could significantly affect shareholder control and the com...
Read Full Article →Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off
Centrica’s decision to liquidate stored gas at the North Sea facility aims to limit ongoing financial losses, potentially resulting in reduced energy reserves in the UK ahead of th...
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