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A US trade court has allowed businesses to claim refunds for tariffs that were recently invalidated by the Supreme Court. This decision represents a significant setback for the Trump administration's trade policies.
Scott Bessent from the US Treasury has indicated that an increase in global tariffs on imports is likely to occur this week. The current tariff rate stands at 10%.
James Watt, founder of Brewdog, has expressed regret over several mistakes as the company undergoes a sale that has resulted in significant job losses. This announcement has raised concerns among staff and investors alike.
The Spring Statement indicates that while wages are expected to rise over the next five years, frozen tax thresholds may lead to higher tax payments. Utilize our tax calculator to assess how these changes could impact you.
Oil prices have surged following new threats from Iran regarding Gulf shipping. This increase comes as the US prepares to announce measures to tackle rising energy costs.
Many young professionals in their 20s and 30s are reconsidering their careers in hospitality due to low wages and high stress levels. As the chancellor's Spring Statement approaches, these individuals express their frustrations with the industry's financial realities.
Chancellor Rachel Reeves will deliver the Spring Statement on March 3, providing an update on her economic plans for the UK. This statement will include an economic forecast that may impact various sectors.
A controversial proposal by ILI Group aims to transform land near HMP Kilmarnock into a technology hub. This initiative raises questions about its potential benefits and drawbacks for the Ayrshire community.
A firm dedicated to hiring blind staff has ceased operations after over 150 years. In response, a former employee is working to uphold the company's mission.
Former President Trump has directed the government to stop utilizing Anthropic in its AI initiatives. This decision follows a conflict between Anthropic's leadership and the Ministry of Defense.
The potential takeover of Warner Bros by Paramount could lead to significant changes in Hollywood's entertainment landscape. This deal may impact streaming services, cinema operations, and news coverage in the industry.
Brewdog is anticipated to announce a sale early next week. The company's German operations will be liquidated, but bars will remain open this weekend.
The UK government is poised to approve a £1bn deal for defence helicopters, aimed at safeguarding jobs at a Somerset manufacturer. This move comes as part of broader efforts to bolster the defence sector.
Waitrose has announced it will stop sourcing fresh, chilled, and frozen mackerel by April 29 due to concerns over overfishing. This decision reflects the supermarket's commitment to sustainable sourcing practices.
Tyrrells is considering discontinuing its vegetable crisps line, which could result in the closure of a factory in Uttoxeter. This proposal has been confirmed by the company's parent organization, KP.