The US administration has unveiled plans to impose significant tariffs on Chinese vessels entering American ports, marking a substantial escalation in the ongoing trade dispute between the world’s two largest economies. The measures, set to take effect in six months, will require all Chinese-built and owned vessels to pay fees calculated on the net tonnage […]

Major delivery companies have issued stark warnings about the potential consequences of closing a tax loophole that currently allows Chinese e-commerce giants to ship low-value goods to Britain without customs duty. The proposed changes could result in significant price increases and delivery delays for UK consumers. Royal Mail, DHL Express and Evri have cautioned the […]

Rising shipping disruption triggered by the new tarrifs imposed are poised to drive higher retail prices and reduced product choice for UK shoppers, industry leaders have cautioned. Brandon Fried, executive director of the Airforwarders Association, emphasised that inconsistent tariff policies have created substantial uncertainty in retailers’ planning cycles, forcing widespread shipment rerouting. The ripple effects […]

European airline passengers are increasingly turning away from US summer travel, with booking data revealing a concerning 12.8 per cent decline for the peak months of June, July and August. The downturn, observed before President Trump’s tariff implementation, marks a significant shift from January’s positive booking patterns. Research conducted by aviation analytics firm Cirium highlighted […]

In a significant development for British immigration policy, Labour’s proposals to establish overseas “return hubs” for rejected asylum seekers have received crucial endorsement from the United Nations’ refugee agency, marking a substantial shift in the UK’s approach to managing irregular migration. Home Secretary Yvette Cooper’s discussions with the UN High Commissioner for Refugees (UNHCR) last […]

The ongoing refuse collection crisis in Birmingham has reached a critical point as the Labour-controlled council maintains its position against striking bin workers. The dispute, now in its sixth week, has resulted in approximately 22,000 tonnes of waste accumulating on city streets. The central issue revolves around the waste recycling and collection officer (WRCO) role, […]

Two of China’s largest fast-fashion retailers have announced imminent price increases for their US customers as they grapple with Donald Trump’s substantial tariff implementations. Both Temu and Shein will face the impact of new import levies, pushing taxes up to 145% on Chinese goods. The crucial “de minimis” exemption, which previously allowed duty-free imports for […]

British ministers are actively engaging with pharmaceutical companies regarding potential US tariffs, prompting calls for an emergency taskforce to safeguard medicine supplies. The UK government is working diligently to maintain tariff exemptions for British drugmakers through prospective trade negotiations, as the industry exports approximately £7bn worth of goods to the US annually. The pharmaceutical sector, […]

The chief executive of WH Smith has suggested that Donald Trump’s tariff disputes could potentially lead to price reductions rather than inflation for UK retailers, as East Asian suppliers actively seek alternatives to the US market. Carl Cowling, at the helm of the retail giant, maintains there is little logic supporting inflationary concerns. His perspective […]

Former fund manager Neil Woodford is set to make a controversial return to the investment world with the launch of a subscription-based service, six years after the spectacular collapse of his flagship fund. The new venture, dubbed W4.0, represents a significant departure from traditional investment vehicles. The platform will operate as a ‘community service’ where […]

The European Central Bank has cut borrowing costs across the 20-member euro area for the third time this year, reducing its main interest rate to 2.25% amidst growing concerns over economic slowdown and the impact of Donald Trump’s tariffs. The Frankfurt-based institution implemented a quarter-point reduction in its benchmark deposit rate on Thursday, aligning with […]

The UK delivery landscape witnessed a significant shift today as Polish parcel locker specialist InPost announced its acquisition of British courier company Yodel in a £106m deal, establishing the third-largest independent delivery network serving British online retailers. InPost, which pioneered its first locker system in Kraków during 2009, aims to merge its extensive drop-off and […]

The British division of global coffee giant Starbucks has reported paying no corporation tax for the fiscal year 2024, despite generating sales of £525.6 million. The company’s UK retail operations posted a £35 million loss after transferring £40 million in royalty and licence fees to its parent organisation. The disappointing performance comes amid what the […]

The Chinese Embassy has launched a scathing attack on UK politicians, accusing them of “arrogance, ignorance and a twisted mindset” amid escalating tensions over the British Steel crisis. The diplomatic row erupted following criticism of Jingye, the Chinese owner of British Steel, after its threatened closure of blast furnaces at the Scunthorpe facility. Beijing’s representatives […]

The AA’s chief executive has indicated there remains work to be done before any potential sale, despite the motoring organisation reporting its fourth consecutive year of growth. Jakob Pfaudler shared that private equity investors were “pleased with the progress” as financial year 2025 results revealed a 12% surge in revenue to £1.45 billion, alongside a […]

Jensen Huang, the chief executive of American chip manufacturer Nvidia, has made an unexpected visit to Beijing, mere days after Washington imposed new restrictions on the company’s AI chip exports to China. The visit, which occurred at the invitation of a trade organisation, has sparked significant interest across Asian markets. The timing of Huang’s visit […]

A landmark Bank of America survey has revealed that institutional investors are fleeing US stock markets in unprecedented numbers as President Trump’s aggressive tariff policies drive global growth expectations to their lowest levels in three decades. The research indicates a significant shift away from the US dollar, with investors growing increasingly concerned about the impact […]

Shares in FTSE 100 distributor Bunzl plunged dramatically today, wiping more than £2.5 billion off its market value after the company issued a surprise profit warning linked to tariff pressures in its North American operations. The company, known for distributing workplace essentials such as toilet paper, cleaning materials and disposable catering supplies, saw its shares […]

The precious metal gold has surged beyond $3,300 per troy ounce for the first time, as mounting concerns over global trade disputes and a weakening dollar drive investors towards safe-haven assets. The commodity experienced a remarkable rise of $107.90, representing a 3.4 per cent increase to $3,326.60 per troy ounce—marking its most substantial percentage gain […]

US-based fitness tracking platform Strava has acquired London-based running coaching application Runna for an undisclosed sum, marking its first UK acquisition. The deal is expected to deliver a substantial 30-fold return for early investors. Founded by Ben Parker, 29, and Dom Maskell, 30, just over three years ago, Runna has grown to employ approximately 150 […]

Tim Steiner, founder and group chief executive of Ocado Group, has assumed temporary leadership of the company’s technology business following a prolonged two-year search for a permanent division head. The FTSE 250 company’s shares tumbled 5 per cent following Wednesday’s announcement of the leadership restructure. The move sees Steiner taking the helm as chief executive […]

One of Britain’s leading accountancy firms has shuttered operations across nine African nations as part of a strategic move to minimise exposure to risky markets and protect its global reputation. PwC has severed ties with multiple firms within its worldwide network of locally owned partnerships, marking a significant withdrawal from jurisdictions deemed financially or reputationally […]

Britain’s second-largest supermarket chain Sainsbury’s has forecasted flat profits for the upcoming year as it prepares for escalating costs and heightened competition amidst a looming supermarket price war. The retail giant, commanding a 15% market share, projects retail underlying operating profits of approximately £1 billion in the new financial year. Recent financial results reveal the […]

Three of the world’s largest semiconductor manufacturers have disclosed substantial financial impacts resulting from the intensifying trade conflict with China. Nvidia, the US chipmaker, projects a £5.5 billion charge due to fresh restrictions on chip exports imposed by the US government, aimed at preventing Chinese advancement in artificial intelligence technology. Advanced Micro Devices revealed on […]

Share prices of international automotive manufacturers experienced a notable surge following President Trump’s indication that he might explore temporary exemptions to his recently imposed vehicle and parts tariffs. The president’s remarks to reporters suggested manufacturers would receive “a little bit of time” to relocate manufacturing operations to American soil, stating he was “looking at something […]

JD Vance, the US Vice-President, has signalled promising developments for a potential UK-US trade deal, citing President Trump’s deep affection for Britain as a driving force behind the negotiations. The optimistic outlook comes as British negotiators seek to reduce the 25 per cent tariffs imposed on cars, steel and aluminium under Trump’s “liberation day” policy. […]

Research suggests that thousands of lives could be saved and subsequent heart attacks or strokes prevented through the administration of two cost-effective medicines. The study, conducted jointly by Imperial College London and Lund University in Sweden, demonstrates significant promise in reducing cardiovascular events. The research analysed data from 36,000 Swedish patients who experienced heart attacks […]

The American pharmaceutical giant Pfizer has discontinued the development of its experimental weight-loss pill following safety concerns, marking a significant setback in its pursuit of the lucrative anti-obesity market, estimated to reach £100 billion by 2030. The decision came after a trial participant developed liver complications potentially linked to the drug, danuglipron. The company had […]

British discount retailer B&M European Value Retail has witnessed contrasting performance across its markets, with UK sales declining while French operations showed resilience in the latest trading period. The retailer reported a 1.8 per cent drop in like-for-like sales at its UK stores during the 12 weeks to 22 March, primarily due to weakness in […]

Goldman Sachs’ chief executive has issued a stark warning about President Trump’s tariffs, highlighting that the escalating trade war poses “material risks” to both the US and global economies. David Solomon, at the helm of one of the world’s largest investment banks, emphasised that uncertainty levels have risen dramatically. Speaking on Monday, he noted that […]

American semiconductor powerhouse Nvidia has unveiled plans to invest up to £500 billion in domestic supercomputer manufacturing facilities, marking a significant shift in US technology production strategy. The move comes as mounting pressure from the Trump administration pushes for increased domestic manufacturing capabilities. The £2.7 trillion chipmaker has secured more than a million square feet […]

A groundbreaking development in pharmaceutical research has unveiled gepotidacin as the first new antibiotic treatment for gonorrhoea in three decades, presenting significant market implications for healthcare investors. The innovation addresses a critical gap in the £4.2 billion global sexual health treatment market. The phase-three randomised control trial, published in the prestigious Lancet journal, demonstrated compelling […]

The Belgian insurance giant Ageas has sealed a £1.3 billion cash acquisition of Esure from American private equity firm Bain Capital, establishing the combined entity as Britain’s third-largest motor and home insurance provider. The landmark transaction marks a significant shift in the UK insurance landscape, coming seven years after Bain’s initial £1.2 billion purchase. The […]

British pharmaceutical giant AstraZeneca has secured NHS approval for its groundbreaking breast cancer drug capivasertib, marking a significant milestone in oncology treatment. The twice-daily tablet, developed in Cambridge, demonstrates remarkable efficacy in doubling patient survival rates without tumour progression. The revolutionary treatment, targeting hormone receptor-positive, HER2-negative breast cancer, is projected to benefit approximately 1,100 women […]

The National Health Service has unveiled a groundbreaking initiative, offering accelerated access to a pioneering cancer vaccine trial. This strategic move demonstrates the UK’s commitment to maintaining its position at the forefront of medical innovation and represents a significant investment opportunity in the healthcare sector. The revolutionary needle-free treatment, administered over a two-year period, harnesses […]

Birmingham’s refuse workers have voted against what Unite union describes as a “totally inadequate” offer from the city council, deepening the crisis in the ongoing industrial dispute. The rejection comes as up to 21,000 tonnes of rubbish continues to accumulate on city streets, prompting military intervention. The contentious offer would have implemented substantial pay reductions […]

The escalating tension between China and the Trump administration has reached unprecedented levels, marking what experts believe could be a pivotal moment in the global balance of power. Beijing’s strategic positioning across trade, finance, and military capabilities demonstrates a carefully orchestrated plan to supersede American dominance. Trade relations have deteriorated significantly, with Trump’s administration implementing […]

British exporters are grappling with unprecedented uncertainty as Donald Trump’s latest trade war measures create pricing chaos across global supply chains. The recent implementation of universal tariffs, particularly severe on Chinese imports, has left UK businesses scrambling to adapt their pricing strategies and reconsider their US market presence. Mark Stewart, founder of Gloucester-based Stewart Golf, […]

The luxury fashion landscape witnessed a seismic shift as Prada Group announced its acquisition of Versace for €1.25 billion, marking a significant consolidation in Italian haute couture. The move has sparked intense debate within the fashion industry, given the stark contrast between the two iconic brands. Miuccia Prada’s avant-garde, predominantly grey aesthetic stands in sharp […]

A renowned Scottish tourism enterprise, Loch Lomond Seaplanes, has halted operations amidst severe supply chain disruptions, placing the UK’s last commercial seaplane service at risk of administration. The company’s founder and chief pilot, David West, 67, disclosed that routine maintenance revealed the need for critical replacement parts. The global scarcity of aircraft components has resulted […]

A powerful consortium of British industrial heavyweights has unveiled an ambitious £6.5 billion project aimed at revolutionising the UK’s hydrogen production capabilities. The initiative, dubbed Project HySpeed, brings together prominent names including British Gas owner Centrica, Johnson Matthey, and JCB scion Jo Bamford. The groundbreaking proposal, submitted to Energy Secretary Ed Miliband, outlines plans to […]

A strategic decision to establish a Dutch warehouse ahead of Brexit has yielded remarkable success for Monster Group’s founder Rana Harvey. The York-based entrepreneur’s foresight in spring 2019 to secure European operations has transformed into a pivotal growth driver for her business. The Netherlands facility, which began as a modest 20,000 sq ft operation, has […]

Major ports across the UK and mainland Europe are experiencing significant congestion as vessels laden with goods between the US and China find themselves trapped due to the ongoing trade tensions between the world’s two largest economies. Recent developments have generated an alarming situation for shipping operators and importers alike, as ships are left idle […]

A Hong Kong-based hedge fund has emerged as a significant force in the ongoing shake-up at British oil engineering firm Hunting PLC. Oasis Management, having accumulated more than 5 per cent stake over the past year, is pressing for substantial changes in the company’s financial strategy. The activist investor, renowned for its successful campaigns against […]

One of Anglian Water’s largest investors has indicated a reluctance to inject more capital into the struggling water sector and is now leaning towards opportunities in foreign utility investments. Local Pensions Partnership Investments (LPPI), which manages £27 billion of assets on behalf of local authority employees in London and Lancashire, expressed concerns regarding the current […]

The imposition of tariffs by former President Donald Trump during his first term has significantly impacted global trade dynamics. A case in point involves the container ship that was midway across the Atlantic when Trump announced tariffs on steel and aluminium imports from various countries. This executive order added about £100,000 to the cost of […]

Shares in major US technology firms experienced a sharp decline of up to 14% in response to tariffs announced by Donald Trump. However, following the announcement of exemptions for smartphones and laptops, these companies are poised for a potential recovery. The temporary removal of tariffs for a period of 90 days on products like smartphones, […]

Donald Trump’s presidential administration has announced an exemption for smartphones and computers from the substantial levies imposed on imports from China. This decision comes as part of a broader strategy to alleviate concerns from the tech sector regarding a potential surge in electronic consumer prices in the United States. The announcement made on 12 April […]

The UK and its G7 allies are contemplating a reduction of the current cap on Russian oil export prices, deemed ineffective by experts. The existing limit of $60 per barrel is under scrutiny following a significant downturn in the global oil market, which recently saw prices plunge to $59.77 per barrel, marking a four-year low. […]

Donald Trump’s administration has recently instigated a wave of tariffs, throwing UK exporters into a state of uncertainty. Businesses reliant on international supply chains are grappling with the ramifications of the new trade regulations, which have left many unsure of how to price their goods. Mark Stewart, founder of Stewart Golf, has found himself in […]

On April 9, 2025, a United Launch Alliance Atlas V rocket scheduled to carry the first batch of Amazon’s Project Kuiper internet network satellites was forced to cancel its launch due to unfavourable weather conditions. Stubborn cumulus clouds and persistent winds posed significant risks, making liftoff impossible within the available timeframe. The initial launch was […]

Recent reports suggest that Apple is taking decisive action to avoid the significant tariffs imposed on Chinese imports by relocating its iPhone manufacturing operations to India. The tech giant has reportedly chartered cargo flights to transport around 600 tonnes of iPhones—equivalent to about 1.5 million handsets—from its Indian facilities to the United States since March. […]

In a significant move impacting the film industry, China has announced plans to limit the number of American films permitted to screen within its borders. This decision follows the imposition of a staggering 125% tariff on Chinese imports by US President Donald Trump, a move that has prompted a retaliatory response from Beijing. The China […]

The European Union has put a hold on its proposed 25% tariffs on US goods for a period of 90 days following a dramatic reversal by Donald Trump. Ursula von der Leyen, the president of the European Commission, announced that the EU will suspend its retaliatory measures, valuing approximately €21 billion, which were set to […]

Barclays has become the latest high street lender to slash its mortgage rates, now offering fixed rates below 4 percent. The bank’s move marks a significant shift in the lending landscape following President Trump’s tariff announcement, which sent markets into turmoil. Currently, Barclays is offering competitive two-year and five-year fixed rates at 3.99 percent for […]

A British start-up known as Wayve has made significant strides in the autonomous vehicle sector by securing a partnership with global car manufacturer Nissan. This agreement, which will see Wayve’s innovative self-driving software installed in Nissan cars from 2027, positions the company as a prominent player in the increasingly competitive field of automated driving solutions. […]

The boss of Tesco has issued a stark warning regarding an escalating price war among UK supermarkets, forcing the country’s largest grocer to implement significant cost-cutting measures and revise its profit forecasts for the year. Following recent pledges from competitors, including Asda, to significantly slash prices, Tesco’s shares fell by 6 per cent as Chief […]

A hedge fund spearheaded by Hamza Lemssouguer, a former trader from Credit Suisse, has committed to lending £598 million to the Very Group, owned by the Barclay family. This significant financing is aimed at refinancing existing debt and enhancing the retailer’s financial structure ahead of a potential sale. The funds provided by Arini Capital will […]

Volkswagen has reported a staggering 40 per cent drop in profits for the first quarter of the year, significantly missing market expectations. The decline follows the decision to set aside over €1 billion to cover restructuring costs and potential penalties related to emissions targets. The automotive giant’s operating profit fell from €4.6 billion in the […]

Prada has announced its acquisition of Versace in a landmark deal valued at €1.25 billion This agreement marks a significant moment in the luxury fashion sector uniting two of Italy’s most iconic brands under one roof The acquisition is seen as a strategic move for Prada which aims to enhance its portfolio through Versace’s distinctive […]

Cristiano Ronaldo has entered the film industry through a partnership with British producer Matthew Vaughn. This venture represents the football superstar’s first significant step into the world of cinema, combining his global brand with Vaughn’s expertise in action filmmaking. The collaboration is officially named UR Marv and aims to merge traditional filmmaking techniques with innovative […]

US equity markets resumed their sharp downturn, plunging after a brief midweek rally. Investors reacted negatively to President Trump’s inconsistent trade tariff policies, leading to a significant drop in major indices. The broadly-based S&P 500 fell by 3.5 per cent to close at 5,268.05, marking its worst performance in over a week. Concurrently, the technology-heavy […]

Concerns are mounting regarding Britain’s Aukus security pact with Australia and America as sweeping US tariffs threaten to complicate the production of crucial submarines. A senior Democrat has expressed that the new levies could significantly increase costs and hinder timely production. Tim Kaine, the Democratic Senator for Virginia and a member of Senate committees on […]

Britain stands on the brink of facing permanent tariffs of 10 per cent on exports to the United States, even if an economic deal is successfully secured with President Trump. Senior advisers to the president have indicated that negotiations are underway with 20 countries, including the UK, with some nations nearing completion of trade agreements. […]

Brent crude oil prices plummeted below $60 a barrel, marking a significant drop not seen since April 2021. The decline has been attributed to widespread fears regarding a slowdown in global demand, exacerbated by ongoing trade tensions. On Wednesday, prices fell by as much as 5.2 per cent to hit $58.46 a barrel, only to […]

The Bank of England has issued a stark warning regarding the potential fragility of the UK economy, highlighting significant risks prompted by global events. According to the financial policy committee, the stock market is currently facing the possibility of sharp corrections due to escalating uncertainties. This heightened risk environment is attributed to a myriad of […]

In an evolving landscape for international rail travel, competition on the high-speed Channel tunnel line is poised to drive down fares significantly. With three rival train operators gearing up to launch services by 2029, the anticipated shift could result in ticket prices dropping by as much as a third. This development comes as Italy’s state […]

The NHS is embarking on a significant initiative aimed at removing up to 300,000 patients from its waiting lists in an effort to streamline operations and enhance patient care. This move is part of a broader strategy to eliminate unnecessary appointments while ensuring that patients receive the most appropriate treatment in a timely manner. Under […]

Donald Trump has revealed a 90-day pause on tariffs affecting most countries, with the notable exception of China. In a significant escalation of trade tensions, Trump announced that tariffs against China have been raised to 125%, a move that underscores his administration’s assertive stance on international trade. In a press briefing, White House press secretary […]

The economic repercussions of rising tariffs on apparel sourced from overseas loom large for retail giants like JD Sports, Nike, Adidas, and New Balance. With US tariffs climbing to over 40% on imports from countries such as Vietnam and Cambodia, these brands face a critical juncture in their supply chain management and pricing strategies. JD […]

In a significant development amid ongoing trade tensions, the European Union has opted to remove plans for imposing retaliatory tariffs on American bourbon. This decision follows intense lobbying efforts from various EU member states, particularly emphasised by the whiskey-producing nation of Ireland and renowned wine nations including Italy and France. The discussions within the EU, […]

Researchers have uncovered an effective method to enhance the flavour of pour-over coffee without the need for more beans or expensive filters. By pouring water slowly, steadily, and from a notable height, coffee enthusiasts can significantly improve the strength of their brew. Pour-over coffee has become a daily ritual for many, yet it often lacks […]

The future of British Steel hangs in the balance as Prime Minister Keir Starmer and Chancellor Rachel Reeves explore the potential nationalisation of the Scunthorpe plant, a facility pivotal for UK rail infrastructure. This move arises from the pressing urgency to safeguard the nearly 3,500 jobs at stake, with the plant currently under the ownership […]

Donald Trump is set to escalate his trade war with the world, announcing a range of steep tariffs on the United States’ largest trading partners. This development comes despite widespread concerns over potential economic ramifications. As part of his aggressive trade strategy, the US president confirmed the imposition of tariffs on Chinese imports that amount […]

Recent turmoil in global financial markets has created expectations that mortgage lenders in the UK will soon cut their fixed mortgage rates. The immediate cause of this shift is the fallout from President Trump’s global tariffs, which have caused significant fluctuations and uncertainties in stock markets. Smaller lenders, such as MPowered Mortgages, have already begun […]

Recent developments in the satellite internet sector have raised questions about Oneweb’s ability to compete against its formidable rival Starlink. Following a tumultuous history, Oneweb is now positioned under the ownership of Eutelsat, a move aimed at stabilising its finances and advancing technology. However, ongoing challenges are resurfacing as investors consider the implications of international […]

UK Government Accelerates Clinical Trials and Improves Access to NHS Data The United Kingdom government has unveiled ambitious plans aimed at enhancing the speed of clinical trials and facilitating greater access to NHS data for medical research. This initiative marks a significant shift in approach, promising improvements that may benefit patients through quicker access to […]

A former standout in the Aim junior share market has issued a profit warning following a significant loss of client mandates. Impax Asset Management, known for its commitment to sustainable investments, revealed that it faced a challenging quarter as clients, including St James’s Place, have pulled a net £7.7 billion from its management during the […]

Two of America’s leading financiers have issued strong warnings to President Trump regarding his aggressive stance on tariffs. Jamie Dimon, the chief executive of JP Morgan Chase, has expressed concern that these tariffs could escalate inflation and heighten the risk of recession in his annual letter to shareholders. Dimon pointed out the potential long-term economic […]

The high yield corporate bond market is in a precarious position as recent fears of increased tariffs have sent investors rushing to liquidate their assets. Barclays has issued a stark warning that the market is at risk of capitulating, following what has been described as the worst sell off since the pandemic. Analysts at Barclays […]

China’s currency has depreciated to a 20-month low in response to escalating trade tensions with the United States. The renminbi, which is subject to a fixed trading range set by the central bank, recently fell to a reference of 7.2038 against the dollar. This significant decline has been interpreted as a strategic move during an […]

London has fallen from grace as one of the world’s wealthiest cities, experiencing a notable exodus of high earners over the past year. The UK capital has lost 11300 dollar millionaires, a percentage decrease that only Moscow can rival. According to a recent report by advisory firm Henley & Partners, the city now hosts 215700 […]

On 7 April 2025, former President Donald Trump issued a stark warning to China, threatening to impose an additional 50 percent tariff on imports unless Beijing rescinds its retaliatory tariffs by 8 April. This ultimatum comes on the heels of a significant escalation in the ongoing trade conflict, with both nations implementing substantial tariffs that […]

Keir Starmer has announced a series of significant measures aimed at bolstering the car and pharmaceutical sectors as the UK grapples with a shifting global landscape following Donald Trump’s imposition of tariffs. During a visit to the Jaguar Land Rover factory in Solihull, Starmer characterised the current economic climate as one of profound uncertainty, highlighting […]

A significant debate has erupted within the renewables industry regarding the UK government’s proposal to permit offshore wind farm projects that have not yet secured planning consent to compete for subsidy contracts. This controversy follows the government’s assertion that the adjustments could potentially reduce costs for consumers and enhance competition in the renewable energy sector. […]

Brighton is set to transform its electric vehicle charging infrastructure with a landmark investment that positions the city as a leader in on-street recharging across the UK. The local council has placed an order for 6,000 lamppost charging points, marking the largest single initiative in Britain aimed at enhancing facilities for electric vehicles. This ambitious […]

The Russian invasion of Ukraine has fundamentally altered the investment landscape for venture capitalists, as they increasingly view the defence sector as both ethically responsible and necessary for national security. Dame Fiona Murray, vice-chair of the Nato Innovation Fund, has articulated this emerging trend, highlighting a growing conviction among investors regarding the importance of defending […]

House prices in the UK fell unexpectedly in March as many purchases failed to complete prior to the end of the stamp duty holiday. Halifax, one of the country’s largest mortgage lenders, estimated that average house prices declined by 0.5 per cent compared to February. The average house price across the nation now stands at […]

Alastair King, the Lord Mayor of London, has found himself under intense scrutiny following his provocative campaign aimed at revising tax benefits associated with cash ISAs. His suggestions have sparked a divisive reaction within the financial services sector, raising concerns over the potential implications for savers and lenders alike. In recent discussions, bankers and building […]

Bill Ackman a prominent figure in finance and one of Donald Trumps key supporters has urged for a 90-day pause in the ongoing trade war. This call comes amidst warnings that the global economy is heading towards what Ackman describes as an economic nuclear winter unless significant changes are made. As the chief executive and […]

The hedge fund industry is facing increased pressure to adapt its fee structures, with close to half of all hedge funds now contemplating reductions in their charges. This shift comes in light of several years characterised by less than stellar investment returns and a noticeable decline in client inflows. A recent survey conducted by IG […]

The ongoing turmoil in global equity markets has intensified, with significant losses recorded across major indices. The sell-off deepened as concerns regarding a potential recession are amplified by the rising tension over trade tariffs. The S&P 500 opened sharply lower, reflecting a drop of 4.65 per cent after enduring a staggering 6 per cent decline […]

The UK Statistics Authority has mandated the Office for National Statistics (ONS) to swiftly address concerns surrounding the reliability of its data. This directive follows a series of criticisms regarding the quality of important statistics that have emerged post-pandemic. In recent months, the ONS has faced intense scrutiny from various economic entities, including the Bank […]

The price of gold has unexpectedly fallen further after reaching record highs last week, as investors were compelled to sell off the precious metal to cover losses in other areas of their portfolios. This decline comes on the heels of significant market upheaval triggered by recent tariff announcements from the United States. Gold had garnered […]

The international money transfer platform Wise is currently engaging in discussions with its shareholders regarding the potential for the company to secure a spot in the FTSE 100 index. This move would require Wise to amend various aspects of its articles of association and gain necessary approval from the Financial Conduct Authority. With a market […]

Global financial markets have been thrown into disarray as Donald Trump’s escalating trade war has knocked trillions off the value of the world’s largest companies while intensifying fears of a recession in the United States. Economists estimate that tariffs ranging from 10% to 50% have significantly heightened the risk of a global economic downturn. The […]

UK ministers are intensifying negotiations to secure a trade deal with Donald Trump’s administration following the announcement of sweeping 10% tariffs on British exports to the United States. Official sources have indicated that talks are at an advanced stage, suggesting that the broad outlines of an agreement may soon be established. This renewed emphasis on […]

European leaders have reacted with condemnation in the wake of Donald Trump’s decision to impose significant tariffs, labelling the move as “fundamentally wrong” and recognising the immense difficulties it poses for Europe. French President Emmanuel Macron described the tariffs as “brutal and unfounded.” He hinted at the possibility of suspending French investments in the United […]

Marks & Spencer’s beloved Percy Pig sweets may encounter significant hurdles in the US market as escalating tariffs introduced by Donald Trump threaten to impact their sales. The pink confectionery, which has captivated consumers both in the UK and internationally, recently launched in Target stores across the United States, branded as Percy’s ‘biggest journey to […]

Cross-Channel train services are set to become more affordable to operate under a new proposal aimed at enhancing international rail travel from the United Kingdom. London St Pancras Highspeed (LSPH), which manages the railways and stations connecting the capital to the Channel Tunnel, has announced plans to significantly reduce charges for operators planning new routes. […]