Getty Images US President Donald Trump said he would temporarily spare carmakers from a new 25% import tax imposed on Canada and Mexico, just a
Category: Business
US tariffs could hit UK consumers, Bailey says
US president Donald Trump’s tariffs could mean less money in UK consumers’ pockets, Bank of England experts have warned. Tariffs could hit growth and pose
Co-op admits unlawfully blocking rival store openings
Jennifer Meierhans Business reporter, BBC News Co-op The Co-op has admitted breaching rules to prevent rival supermarkets from opening nearby more than 100 times. The
Trump may meet Canada and Mexico ‘in the middle’, says US commerce chief
US Commerce Secretary Howard Lutnick has said President Donald Trump will “probably” announce a deal to reduce tariffs on Canada and Mexico on Wednesday. “Both
Treasury earmarks billions in spending cuts ahead of Spring Statement
The Treasury has earmarked several billion pounds in draft spending cuts to welfare and other government departments amid expectations the chancellor’s room for manoeuvre has
Hong Kong company to sell Panama Canal ports amid US pressure
A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by
Trump tariffs could be good for some countries, including the UK
US President Donald Trump’s latest move has left investors in a spin – for good reason. With the stroke of a pen, the tariffs he
Abrdn adds back vowels after widely-mocked rebrand
Faarea Masud BBC Business reporter Getty Images Investment firm Abrdn will add the vowels back into its name after dropping them in a rebrand that
Greggs’ sales top £2bn after pizza, wedges and chicken goujons push
Greggs’ revenue passed £2bn last year thanks to higher sales of pizzas, chicken goujons and potato wedges, the bakery chain has said. The firm traditionally
Stock markets fall after US tariffs spark trade war fears
Stock markets around the world fell following the introduction of tariffs by President Donald Trump on goods entering to the US from China, Canada and