66 h. ago Packaging tax will push up prices for consumers, say industry bosses

The BRC said the packaging tax was a ‘multi-billion pound levy being paid by consumers during a cost-of-living crisis’.

Economics

7 d. ago 'Just one week from collapse': Suppliers on the brink as Jaguar Land Rover resumes after hack

Britain's largest car-maker last month suffered a devastating hack that threatens to cost it billions. It has has forced JLR to suspend factory production until next month.

Politics

2 w. ago Two new nuclear power stations for UK delayed by FIVE years because of spurious legal challenges

Lawyers have delayed the Hinkley Point C and Sizewell C power stations by 1,754 days so far and the holdups could cost taxpayers billions of pounds, according to a new report.

Events

2 w. ago Will Keir Starmer get ANYTHING out of Donald Trump's visit? Steel industry misery as deal to slash US tariffs is abandoned despite PM's boasts

Little more than four months on from the Prime Minister boasting of his 'fantastic' deal with Donald Trump, it was revealed that punitive levies on British steel will remain.

Economics

2 w. ago The real cost of climate change: Heatwaves, droughts, and floods cost Europe €43 BILLION this summer, experts warn

This summer was the warmest and sunniest on record. But while you might have enjoyed the record-breaking weather, experts have warned it comes at a cost.

Events

3 w. ago John Swinney's 'sob story' statement as he rates chances of a deal on whisky tariffs with Donald Trump

The first minister said he had ‘substantive’ talks with the US president on Tuesday

Economics

3 w. ago Majority in EU’s biggest states believes bloc ‘sold out’ in US tariff deal, poll finds

Average of 77% of respondents across five countries thought agreement would benefit US economy above allWhere there’s a will there’s a whey: cheese producers lean into their craft as Trump tariffs biteA majority of people across the EU’s five biggest member states believe the European Commission sold citizens out when negotiating a “humiliating” tariff deal with Donald Trump that “benefits the US” far more than Europe, a survey has shown.The poll by Cluster17, which is published on Tuesday, found 77% of respondents – ranging from 89% in France to 50% in Poland – thought the deal would benefit above all the US economy, with only 2% believing it would benefit Europe’s. Continue reading...

Economics

3 w. ago Volkswagen ‘nearing US trade deal’ as it says Trump tariffs have cost it billions

Carmaker’s CEO says Porsche is being squeezed by ‘sandwich’ of tariffs and weak Chinese marketBusiness live – latest updatesVolkswagen is closing in on a tariff deal with the US, the boss of the German carmaker has said, as it eyes up the market for affordable electric cars in Europe.Europe’s biggest car manufacturer, which also owns the Audi, Seat and Porsche brands, has been hit hard by Donald Trump’s trade tariffs, announced in April. The levies, combined with a turbulent market, have already cost “several billions”, the chief executive, Oliver Blume, said. Continue reading...

Economics

3 w. ago Trump’s ‘Department of War’ could cost taxpayers over $1 billion

When asked how much the name change would cost, Trump said, ‘Not a lot’

Economics