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Tesco to Cut £500 Million in Costs Amid Tax Hikes and Fierce Price Competition

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Tesco has announced plans to slash an additional £500 million in costs as part of its ongoing efforts to mitigate the financial impact of...
Business

Bank of England Warns of Trade War Risks Pushing Global Economy Toward Crisis

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The Bank of England has issued a stark warning that Donald Trump’s ongoing trade war could push the global economy closer to a financial...
Business

Reeves Seeks to Calm Markets After Global Sell Off Triggered by Trump Tariffs

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Chancellor Rachel Reeves has moved to reassure financial markets following last week’s sharp global sell-off, sparked by US President Donald Trump’s sweeping tariff announcements....
Business

India Eyes Swift UK Trade Deal Amid Global Tariff Turmoil, Says Finance Minister

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India’s finance minister, Nirmala Sitharaman, has said that the current wave of global economic uncertainty including the impact of new US tariffs is pushing...
Business

Bank of England Urged to Slash Interest Rates to 4% Amid Trump’s Tariff Shock

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Former Bank of England deputy governor Charlie Bean has called for an aggressive 0.5 percentage point rate cut at the next policy meeting in...
Business

Hospitals in England Could Shed 100,000 Jobs in Cost-Cutting Drive

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English hospitals could axe over 100,000 jobs following reorganization and cost-cutting measures ordered by Health Secretary Wes Streeting and NHS England's new chief executive,...
Business

Lloyds Accused of Failing Small Businesses After Cutting Lending

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Lloyds Bank is facing fresh accusations from whistleblowers and former business clients who claim the bank failed thousands of small firms by cutting back...
Business

UK Relaxes Car Industry Rules Ahead of 2030 Petrol Vehicle Ban in Response to US Tariffs

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The UK government has eased electric vehicle (EV) sales targets in a move aimed at supporting the car industry, following new US tariffs that...
Business

Reeves Under Pressure to Relax Fiscal Rules Amid Trump Tariffs Shock

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Chancellor Rachel Reeves is facing renewed pressure to loosen her strict fiscal rules, as the fallout from Donald Trump’s global tariff regime threatens to...
Business

Jaguar and Land Rover Pauses US Shipments Amid Tariff Fallout

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Jaguar Land Rover has announced a temporary halt to all US-bound shipments as it works to navigate new trading terms following tariffs imposed by...
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