21 h. ago Businesses worldwide brace for extra Trump tariffs on steel imports

Commerce department expected to add about 700 more items with steel content to levy list at request of US firmsBusinesses around the world are steeling themselves for another round of Donald Trump’s tariffs, this time on goods ranging from bicycles to baking trays, as US industry embraces a call for more products to tax on import.Small, medium and large American companies have asked the US Department of Commerce to add about 700 more items to an August list of 407 products already facing extra tariffs because of their steel content, which hit items such as Ikea tables with metal nuts and bolts and German combine harvesters. Continue reading...

Politics

3 d. ago Wetherspoon boss Sir Tim Martin says soaring wage bills and taxes are piling pressure on pubs to raise prices

JD WETHERSPOON boss Sir Tim Martin says soaring wage bills and taxes are piling pressure on pubs to raise prices. The pub chief said that a 10 per cent pay rise alone adds about 15p to the cost of a pint in a pub, compared with just 1.5p in a supermarket. Sir Tim said that...

Economics

3 d. ago Gordon Brown to issue warning on ‘shameful epidemic’ of child poverty in Britain

The ex-Labour leader will also call for Rachel Reeves to raise taxes on gambling firms to cover the cost of lifting the two-child benefit cap

Events

3 d. ago Nearly half of all goods imported into the US face some tariffs, raising costs for companies and consumers

Small businesses have turned to the Supreme Court to roll back some of Trump’s tariffs, which they say have significantly raised overhead costs

Economics

4 d. ago Raise HMRC personal income tax allowance from £12,570 to £20,000 update as key milestone hit

Chancellor Rachel Reeves is being urged to adjust the personal tax allowance limit for the lowest earners in the November Budget

Economics

7 d. ago John Swinney discusses whisky tariff cuts with US ambassador in 'lengthy' meeting

Mr Swinney said he and the US ambassador "discussed the impact of tariffs on one of Scotland’s most important exports".

Politics

1 week ago How much does a hair transplant cost in Turkey compared to the UK?

The idea of undergoing a hair transplant raises many questions, with the main one often related to cost.

Economics

1 week ago How much does it cost to raise a child? An expert has crunched the numbers

Calculating the cost of raising kids is a complicated beast that raises many questions for academics to consider

Politics

1 week ago Exact amount DWP payments for parents will rise next year – including new child benefit rate

PARENTS on benefits are set for a 3.8% payment rise from April, giving extra help with the rising cost of raising children. The government uses September's inflation figure to set benefit increases, which then take effect each April. Chancellor Rachel Reeves is expected to confirm in the Budget that all working-age benefits will go up...

Society

1 week ago Vogue World 2025: Hollywood stars turn out to raise money for LA wildfire victims – in pictures

Show’s fourth edition, held at Paramount Studios and helmed by Anna Wintour, raised $4.5m for a charity supporting costume designers affected by LA wildfires Continue reading...

Events

2 w. ago Companies passed 37% of tariff costs on to consumers – and that figure is set to jump

Even large manufacturers who have been able to absorb many of the costs of the international levies have warned that should the situation continue, or even worsen, they will be forced to hike up prices

Economics

2 w. ago Spotify to hike prices AGAIN by 8.3% for millions of customers within days

SPOTIFY is raising the cost of its premium subscription for millions of customers. The music streaming giant has started emailing subscribers informing them the cost of an individual subscription will rise from £11.99 to £12.99 a month from November, according to Sky News. That's an 8.3% increase or an extra £12 a year. The streaming...

Economics

2 w. ago Canada cuts tariff relief on some US cars due to Stellantis, GM ending some Canadian production

An official says the Canadian government is limiting how many vehicles Stellantis and GM can import tariff free after the automakers ended some production in Canada

Politics

2 w. ago GM stock surges as automaker beats earnings expectations and CEO speaks out on ‘important tariff updates’

The US automaker saw a rush on its electric vehicles last month

Economics

2 w. ago Travel bosses warn holidays will become ‘too costly’ for some if taxes are raised

Tui’s UK managing director says the company will be forced to raise prices

Events

3 w. ago European and Asian shares slide as Wall Street ‘fear index’ spikes

US stock futures recover after Donald Trump appears to suggest that heightened tariffs on Chinese imports may not last

Politics

3 w. ago Trump plans Ukraine 'victory fund' paid for by tariffs on China

Under the proposal, Chinese imports could face a 500 per cent tariff, with the revenue directed to weapons and aid for Ukraine's armed forces.

Politics

last month We all know Brexit’s to blame for the crisis facing UK steel

With British industry faltering, the excuse that the public wants this is risible. Parliament must force Starmer to actWhile Keir Starmer fiddles in India, Rome burns. The British steel industry now faces a calamity so severe, insiders say it could be “terminal”. The vast majority – 80% – of its output is exported to the EU, which this week revealed plans to cut tariff-free steel import quotas by almost half. The remainder will be subject to a 50% tariff. The UK steel industry will be butchered. Thank you, EU. Thank you, Brexit.Whenever I meet politicians who championed Brexit nowadays, I ask them a simple question: do you still think you were right? A few fools mutter, “Yes, on balance” and “In the long term, perhaps.” The honest ones shrug and look uncomfortable. We can all accept that some day a new generation of British politicians will resume open trade across the Channel. It is normal for an island, and makes sense. So I ask the honest ones: why not go public? Make a headline,...

Events

last month We all know Brexit’s to blame for the crisis facing UK steel – it’s time for politicians to be honest and reverse it | Simon Jenkins

With British industry faltering, the excuse that the public wants this is risible. Parliament must force Starmer to actWhile Keir Starmer fiddles in India, Rome burns. The British steel industry now faces a calamity so severe, insiders say it could be “terminal”. The vast majority – 80% – of its output is exported to the EU, which this week revealed plans to cut tariff-free steel import quotas by almost half. The remainder will be subject to a 50% tariff. The UK steel industry will be butchered. Thank you, EU. Thank you, Brexit.Whenever I meet politicians who championed Brexit nowadays, I ask them a simple question: do you still think you were right? A few fools mutter, “Yes, on balance” and “In the long term, perhaps.” The honest ones shrug and look uncomfortable. We can all accept that some day a new generation of British politicians will resume open trade across the Channel. It is normal for an island, and makes sense. So I ask the honest ones: why not go public? Make a headline,...

Politics