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Trump targets Brunei, Libya and Moldova with latest threat of US tariffs
The announcement of potential import taxes on select nations raises concerns about increased costs for American consumers and possible disruptions in international trade relations.
Read Full Article →Linda Yaccarino stepping down as CEO of Elon Musk’s X
Linda Yaccarino’s departure as CEO after two years may impact the company’s strategic direction and investor confidence, potentially influencing its market position and financial p...
Read Full Article →Nvidia becomes first company to reach $4tn in market value
The unprecedented growth in Nvidia’s market capitalization reflects strong investor confidence driven by increasing adoption of artificial intelligence applications reliant on its...
Read Full Article →Bank of England rolls out looser mortgage rules to help first-time buyers
The Bank of England’s updated mortgage guidelines aim to encourage lenders to increase lending to new homeowners by allowing higher loan amounts relative to income, potentially ben...
Read Full Article →Bank of England says UK banks can increase riskier mortgage lending – business live
The Bank of England’s guidance allowing UK lenders to approve more high-risk mortgage loans could influence credit availability and housing market dynamics, potentially affecting f...
Read Full Article →Copper prices in US hit record high after Trump announces 50% tariff
The introduction of a substantial tariff on imported copper is likely to increase expenses for manufacturers and consumers, potentially affecting various sectors throughout the Uni...
Read Full Article →Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers
The potential financial impact on employees is significant as the government appeals to the refinery’s owners to provide assistance while efforts continue to secure a new buyer for...
Read Full Article →New York City’s congestion pricing has cut pollution and traffic – but Trump still wants to kill it
The implementation of New York City’s fee for driving in busy areas has generated notable economic benefits by reducing vehicle use, lowering emissions, and potentially influencing...
Read Full Article →Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation
The seven major UK construction companies will contribute £100 million to support affordable housing projects following a regulatory review that uncovered potential coordination of...
Read Full Article →Looser bonus rules and tax breaks needed to save London stock market, says CBI
The Confederation of British Industry proposes a series of financial incentives and regulatory changes aimed at revitalizing the London Stock Exchange and maintaining its global co...
Read Full Article →London’s stock exchange needs a shot in the arm from the Treasury | Nils Pratley
Revitalizing the London stock market’s role in the economy may require targeted government incentives and regulatory changes to encourage company listings and investor participatio...
Read Full Article →From the archive: The death of the department store – podcast
The closure of a major department store after decades impacts local economies by reducing retail jobs and commercial activity, highlighting broader challenges faced by urban center...
Read Full Article →ASA cracks down on online pharmacies advertising weight loss injections
The new regulatory actions could impact online pharmacies' revenue streams by limiting their marketing options for certain prescription treatments, potentially altering consumer ac...
Read Full Article →Trump threatens to escalate trade war amid confusion over new tariff rates
The announcement of significantly increased tariffs on imported pharmaceuticals and copper introduces uncertainty into global markets and may impact international trade dynamics an...
Read Full Article →EDF will invest £1.1bn in Sizewell C plant, French and UK governments announce
EDF’s £1.1 billion contribution, representing a 12.5% share, complements the UK government’s £14.2 billion funding commitment to support the development of the Sizewell C nuclear f...
Read Full Article →Trump is bullying Canada over ‘digital taxes’ and Canada caved | Joseph Stiglitz
The conflict over digital levies highlights the broader financial impact on international revenue, as imposing tariffs or withdrawing negotiations may affect billions owed from mul...
Read Full Article →Britain remains trapped in poor economic policy | Letters
The debate highlights concerns about economic management strategies, emphasizing risks associated with altering central bank roles and potential impacts on fiscal stability and mar...
Read Full Article →Time for some straight talking on the cost of clean energy. It isn’t a free lunch | Nils Pratley
UK consumers await clarity on future energy expenses as the government’s approach to electricity pricing and the transition to greener sources increasingly influences household bil...
Read Full Article →Rishi Sunak takes advisory role with Goldman Sachs while serving as MP
Rishi Sunak's advisory position at Goldman Sachs provides him with additional income, although lobbying limitations and charitable donation commitments affect the financial benefit...
Read Full Article →Innocent subpostmasters went to jail, but now it is clear: the Post Office boss class belong there i...
The wrongful convictions led to significant financial compensation demands and raised concerns about corporate accountability, affecting public trust and prompting reforms in overs...
Read Full Article →‘Now Brexit is behind us’: what’s at stake as Macron makes state visit to the UK?
The upcoming state visit highlights the importance of maintaining strong economic and diplomatic connections between the UK and France to support significant bilateral trade and ad...
Read Full Article →UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs
The Office for Budget Responsibility has indicated that rising expenses related to environmental challenges, retirement funding, and existing liabilities could cause the UK’s natio...
Read Full Article →M&S chair reveals two recent major company hacks have ‘gone unreported’; UK public finances ‘facing...
Recent undisclosed cybersecurity breaches at a major retailer highlight growing concerns about vulnerabilities that could contribute to increased financial pressures on the UK gove...
Read Full Article →Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses
The substantial monetary penalty imposed on Monzo highlights regulatory concerns over inadequate verification processes amid rapid customer growth, emphasizing the importance of st...
Read Full Article →RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%
The Reserve Bank of Australia's unexpected decision to maintain the cash rate at 3.85% may affect borrowing costs and financial market expectations, impacting household mortgage pa...
Read Full Article →Rare earths: how these critical minerals impact Australian industry and global politics – video
Australia’s investment in rare earth mining aims to reduce reliance on China’s dominant supply, potentially altering global trade dynamics and affecting strategic industries amid o...
Read Full Article →Trump tariffs explained: what’s changed and why have Asian countries been hit so hard?
The adjustments to US import taxes under Trump’s administration have significantly impacted international trade dynamics, particularly affecting Asian economies through increased c...
Read Full Article →Amazon asks corporate workers to ‘volunteer’ help with grocery deliveries as Prime Day frenzy approa...
Amazon's request for corporate employees to assist with grocery deliveries during its peak sales event highlights efforts to optimize operational efficiency and potentially reduce...
Read Full Article →Tesla shares dive as investors fear new Elon Musk political party will damage brand
Tesla’s market value declined significantly as investors expressed worries that the CEO’s recent political activities might divert attention from the company’s core business operat...
Read Full Article →Labour has delivered where Tory ministers did not on NDA rules
The prohibition of NDAs to conceal workplace harassment and abuse may lead to increased legal and compliance costs for businesses, while potentially reducing financial risks associ...
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