UK economy grew more than expected in February
The UK economy grew by more than predicted in February and exports to the US increased by £500m as businesses rushed to beat US tariffs. The economy expanded by 0.5%,…
Bus users bemoan company’s fare increases
Bus passengers have criticised a company’s decision to put up fares, as it announced changes due to “increases in operating costs”. Dan Bassett, Ipswich Buses’s managing director, said the company…
Why Beijing is not backing down on tariffs
In response to why Beijing is not backing down to Donald Trump on tariffs, the answer is that it doesn’t have to. China’s leaders would say that they are not…
Jobs fears as disability scheme owes businesses thousands
Businesses employing disabled people say they are owed hundreds of thousands of pounds by the government, and fear they may have to let staff go. Under the Access to Work…
Global breakthrough to tackle shipping emissions
Countries have agreed a global deal to tackle shipping emissions, after nearly ten years of negotiations. The agreement covers the vast majority of the world’s commercial shipping and means that…
US coffee shops worried about bitter price hike after tariffs
The price for a cup of coffee in the US is going up as tariffs put the squeeze on local café and bakery owners. Some US businesses say the queues…
UK takes control of British Steel under emergency powers
The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government’s likely…
Chris Mason: British Steel law rushed through Parliament but it is just a stop gap
There was a moment where all they could do was wait. Government officials were holed up in a Premier Inn down the road from British Steel’s steelworks in Scunthorpe and…
Why did the government take control of British Steel?
The UK government has taken control of British Steel’s plant in Scunthorpe, Lincolnshire, after it was put at risk of imminent closure. MPs were called back to Parliament on Saturday…
Trump exempts smartphones and computers from new tariffs
US President Donald Trump’s administration has exempted smartphones, computers and some other electronic devices from “reciprocal” tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs…