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Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact
Andrew Bailey emphasized that enhancing cooperation between the UK and the EU is crucial for stabilizing economic conditions and supporting the Bank of England’s ability to manage...
Read Full Article →Michael O’Leary to get €100m bonus under deal to keep him at Ryanair
Michael O’Leary stands to receive a substantial equity-based reward exceeding €100 million, reflecting both his leadership impact and sparking debate over executive compensation fa...
Read Full Article →BA and Pizza Express among companies that failed to pay minimum wage
Over 60,000 employees were reimbursed a total of £7.4 million following government probes into wage violations by more than 500 companies, highlighting significant financial penalt...
Read Full Article →The Guardian view on Trump’s tariffs: the courts have drawn a line. So must Congress | Editorial
The tariffs imposed under claims of national security have had significant economic impacts, bypassing legislative approval and contributing to market volatility while raising conc...
Read Full Article →UK’s shift on car sales rules may lead to higher emissions, says statutory adviser
The government’s recent relaxation of electric vehicle requirements may increase sales of plug-in hybrids, potentially diminishing the anticipated reduction in emissions and impact...
Read Full Article →It’s been a big, beautiful week of bad news for Trump. But don’t expect it to stick | Zoe Williams
The recent legislative developments have resulted in significantly lower-than-expected budget savings, alongside considerable changes to healthcare funding and a substantial increa...
Read Full Article →Will megafunds really put an extra £6,000 in the average pension?
The proposed reforms aim to enhance retirement savings by potentially increasing the value of workers’ pension investments, though some experts remain doubtful about the projected...
Read Full Article →Asda unlikely to see growth before year-end at earliest, says supermarket boss
Asda’s sales have declined over recent months despite efforts to improve offerings, while increased competition from Aldi’s planned expansion may further impact its financial perfo...
Read Full Article →Tech shares climb after strong Nvidia results despite warning over rise of Chinese rivals
Technology stocks experienced gains driven by Nvidia’s robust earnings report, supporting market confidence despite concerns about increasing competition from Chinese companies in...
Read Full Article →Trump lashes out at reporter over claim he 'chickens out' of tariffs – video
The federal court’s decision to block broad tariffs imposed by President Trump could have significant implications for markets and trade policies, potentially affecting investor se...
Read Full Article →Why has a US court blocked Donald Trump’s tariffs – and can he get round it?
A recent federal court decision has the potential to impact the administration’s approach to international trade by challenging the legality of newly established border taxes, rais...
Read Full Article →Nigel Farage is ‘Liz Truss all over again’, says Keir Starmer – video
Keir Starmer criticized Nigel Farage's economic approach, suggesting it could negatively impact job security in tariff-affected sectors, highlighting concerns about potential finan...
Read Full Article →Stock markets rise in Asia and Europe after Trump tariffs blocked by US court – business live
Global equity markets showed positive movement following a court decision affecting trade policies, prompting investors to adjust currency positions and impacting the strength of t...
Read Full Article →US firm that tests eligibility for UK disability benefits reports 23% rise in profits
The UK division of a US-based company providing functional assessment services for government benefits experienced a significant increase in pre-tax earnings, reflecting improved f...
Read Full Article →How Israeli settlers profit from stolen Palestinian land – video
Some Israeli settlers generate income by offering rental properties on major tourism platforms in contested areas of the West Bank, where Palestinians face displacement and restric...
Read Full Article →Baby formula prices at historic high despite UK watchdog proposals
The persistent high cost of infant milk products impacts household budgets significantly, as major manufacturers maintain elevated prices while official regulatory actions have yet...
Read Full Article →US federal court blocks Trump from imposing sweeping tariffs
The court’s decision prevents the implementation of broad import tariffs that could have significantly impacted trade costs, market stability, and international economic relations.
Read Full Article →Airplane gifted by Qatar 'much too big', laments Donald Trump – video
The large size of the gifted Boeing 747-8 could lead to increased operational and maintenance expenses compared to the older, smaller model currently used as Air Force One.
Read Full Article →Trump laments size of ‘much too big’ airplane gifted by Qatar
The financial impact involves significant maintenance and operational costs associated with the oversized aircraft gifted by Qatar, which exceeds the dimensions of the existing pre...
Read Full Article →Starmer to say Reform’s spending plans would cause a Truss-style meltdown
The proposed tax and expenditure policies by Reform UK have raised concerns about potential economic instability and increased borrowing costs, which could negatively impact househ...
Read Full Article →Nvidia beats Wall Street expectations even as Trump tamps down China sales
Nvidia’s quarterly revenue surged 69% year-over-year to $44.1 billion, surpassing analyst forecasts and highlighting strong growth in its data center segment despite geopolitical c...
Read Full Article →Starling’s profits drop 25% as bank takes blame for Covid loan losses
Starling Bank experienced a significant decline in annual earnings due to £28 million in loan losses linked to government-backed Covid support, which the CEO attributed to internal...
Read Full Article →Why a new zero-carbon UK steel plant offers hope and a headache
Investing in a domestic zero-carbon steel facility involves substantial costs but could support sustainable industry growth and reduce reliance on imports, prompting mixed economic...
Read Full Article →Shein turns to Hong Kong for flotation as London attempt stalls, reports say
Shein is shifting its focus to a Hong Kong public offering to secure capital and expand its market presence after facing regulatory challenges in obtaining approval for a European...
Read Full Article →Elon Musk says Trump tax bill weakens Doge cost-cutting efforts
Elon Musk indicated that recent US government spending could hinder efforts to reduce expenses, potentially increasing the national budget deficit and impacting financial strategie...
Read Full Article →Thames Water hit with £123m of fines over sewage and dividend breaches
Thames Water faces substantial penalties totaling £123 million due to regulatory violations, reflecting significant financial consequences aimed at holding the company and its inve...
Read Full Article →UK grocery inflation jumps to highest level in 15 months
The recent surge in grocery prices, influenced by higher costs of popular items, is leading consumers to seek discounts and own-brand alternatives to cope with tighter household bu...
Read Full Article →Can trade in soil carbon credits help farmers – and the climate?
Trading carbon credits derived from improved soil management offers farmers a potential new revenue stream while contributing to broader environmental goals, though the overall imp...
Read Full Article →A great prize, but a great risk: why we all need the nationalised South Western Railway to work | Sa...
The financial outlook for the newly state-run South Western Railway depends on its ability to reduce ticket prices and enhance service quality to justify continued public investmen...
Read Full Article →Trump’s tariff war will cause global damage, says Grosvenor boss
Mark Preston, leading a major UK property firm, warns that ongoing international trade restrictions could disrupt economic stability worldwide but believes these measures will be r...
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