Finance

731
Trump threatens 25% tariff on Apple if iPhones are not manufactured in US
Donald Trump has threatened to put a 25% tariff on Apple products unless iPhones are manufactured in the US
762
Typical energy bill to drop 7% from July, but many households still face hardship
Regulator Ofgem reduces the price cap on gas and electricity charges following a decrease in gas market prices throughout Europe
1057
Teachers, doctors and prison staff to get 4% raise: government approves new salary bonuses
The government has announced a number of public sector salary boosts, including a 4% pay rise for teachers and doctors.
917
Cyberattack to cost Marks & Spencer £300 million and cripple online sales until July
Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300 million before action to offset the hit.
923
Bonuses from bankruptcy: Thames Water tried to pay hundreds of thousands for “failure”
Environment Secretary makes announcement after the company’s chair said he ’may have misspoken’ to MPs.
826
“They’re turning us into criminals”: carers drowning in debt as oversight system collapses
Overpayments because of official failures led to debt and misery for hundreds of thousands of people
857
Britons promised 7% cut in energy bills starting July
Millions of households will benefit as household energy bills are set to fall by around 7% according to new forecasts.
709
Poundland to be sold for just £1 amid store closures and thousands of UK jobs at risk
Poundland is feared to be about to disappear from Britain’s high streets as its stores could be sold for a nominal fee in the near future owing to an "increasingly difficult" landscape
751
VE Day, tariffs, and major concessions: what’s behind the “historic” US–UK trade deal
UK Prime Minister Keir Starmer has commended US President Donald Trump for a trade agreement between the two allies, describing it as ‘truly historic’.
857
UK and India sign historic £42.6 billion trade deal — tariffs cut, imports expanded
The UK and India have reached a trade agreement that will facilitate the export of whisky, cars, and other products from the UK to India, while reducing taxes on India’s clothing and footwear exports.
875
Co-op paralysed: cyberattack leaves shelves empty and customer data in hackers’ hands
Co-op customers are encountering empty shelves following a massive cyber attack that has impacted supermarket stock levels nationwide.
777
Unilever to invest $1.5 billion in Mexico amid Trump’s trade war
British consumer goods giant Unilever said Friday that it would invest $1.5 billion in Mexico, which is wooing foreign companies in the face of US President Donald Trump’s trade war.
860
Cashless future on the brink of scandal: why Britons are outraged by the “card dictatorship”
When Covid forced the high street to go digital and turned handling physical money into a health risk, some businesses decided to stop accepting cash altogether.
844
British factories cut production and staff due to Trump tariffs and declining export demand
A decline in output and new orders in April, combined with increasing uncertainty, is leading to layoffs, a survey finds.
912
Robbery at the entrance: Gatwick raises drop-off fee to £7 — the most expensive in London
Gatwick Airport has announced that it will raise the drop-off fees for drivers, which could make its charges the highest in London.
878
Pay more or cut costs: the government prepares the system for a new wave of strikes
Pay rises for NHS staff and teachers must be paid from existing budgets, the Treasury has warned, setting up the potential for strike action.
788
Cyberattack on M&S: the attack caused the company’s market capitalization to drop by £500 million and paralyzed online sales
A hack has erased over £500 million from Marks & Spencer’s stock market value in the past week.
833
US food delivery giant DoorDash eyes $3.6bn acquisition of UK-based Deliveroo
The London-based company, the second largest food delivery app in the UK, stated that no ’firm offer’ had been made yet
974
Chocolate prices are rising: record-high cocoa and Trump’s tariffs hit consumers
Price of cocoa – chocolate’s key ingredient – has climbed over past year and tariffs on imports will keep prices high
914
US chip export curbs to China trigger multibillion-dollar losses for Nvidia and AMD
The US Commerce Department said it was "committed to acting on the President’s directive to safeguard our national and economic security."
811
Trump plans to introduce new tariffs on computer chips and medicines
Citing the national security law, the administration has initiated a review of the impact of semiconductor and pharmaceutical imports.
891
UK job vacancies fall to lowest level in nearly four years
Job vacancies fell to the lowest level in nearly four years, according to official figures, suggesting demand for workers is weakening as employment costs grow.
845
Tesla halts orders for Model S and X in China amid escalating trade war
The Model S and Model X are manufactured in the United States and imported into China.
914
Trump exempts smartphones and computers from tariffs in ’Liberation Day’ move
President Donald Trump has announced a list of tech devices, including smartphones and computers, that will be exempt from reciprocal tariffs imposed on ’Liberation Day’
993
One-third of UK independent cinemas face closure without capital investment
Survey by the Independent Cinema Office shows urgent need for capital investment in sector