Finance
848
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.
828
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.
900
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.
867
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.
777
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.
811
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
964
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
899
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."
799
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.
872
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.
830
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.
898
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’
976
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
905
The wealth of the world’s richest people grew by $304 billion in a day amid Trump’s customs pause
On April 9, the world’s richest people added $304 billion to their combined wealth, marking the largest single-day increase in the history of the Bloomberg Billionaires Index.
637
Prada to acquire Versace for $1.4 billion
Fashion house Prada has reached an agreement to acquire another Italian brand, Versace, for $1.38 billion.
665
iPhone prices set to soar as Donald Trump’s trade war impacts Apple’s global supply chain
Apple’s share price plunged to such an extent it lost the crown as the world’s most valuable company to Microsoft in recent days following Donald Trump’s trade war
855
EU strikes back: $22B in tariffs hit US over Trump’s trade war
The European Union will fight back against Donald Trump’s tariffs on the trade bloc with three rounds of import taxes on US products.
787
Trump’s tariffs take effect, intensifying global trade war and market turmoil
President Donald Trump’s "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war and spurring more widespread selling across financial markets.
835
Starmer brings back 2030 car ban in response to Trump’s tariffs
Prime Minister reinstates 2030 date for ban on new petrol and diesel vehicles amid ‘bold changes’ to boost exports
784
ZKasino rug puller suffers massive loss in 20x ETH trade
The purported mastermind behind ZKasino encounters a multimillion-dollar challenge as crypto volatility exposes risky wagers.
691
Bitcoin down 4%, Ether down 9% as crypto market crashes with Wall Street
Crypto market declines amid U.S. stock selloff and Trump tariffs
757
UK prohibits fake reviews and hidden fees in new law to protect online shoppers
A law prohibiting fake reviews and what is known as drip pricing for online shopping has been enacted.
784
‘Beer tax’: UK pubs to lose £180 million due to new levies
’The jobs tax is far more than small beer,’ warns the Shadow Chancellor
1059
British Steel collapse looms as Chinese owner rejects £500m rescue deal
Jingye, the Chinese company that bought British Steel out of receivership in 2020, rejected a £500 million offer of public money as talks with the government broke down.
822
Global markets in disarray as Trump tariffs erase $2.5 trillion from Wall Street
Economists indicate that taxes ranging from 10% to 50% have considerably heightened the risk of a global economic recession.
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