Breadcrumb Trail Links News Economy Talks with Mercosur trade bloc have been in the works for years, but some question whether a deal would move the needle Published Mar 14, 2025 • 4 minute read The Christ the Redeemer statue in Rio de Janeiro, Brazil. Last year Brazilian exports to Canada increased nine per cent […]
Berkeley Group, one of the UK’s biggest housebuilders, has cautioned the government that introducing another cladding tax will place “significant pressure” on its aim of delivering 1.5 million homes by the end of 2029. The warning follows industry-wide frustration over mounting costs linked to the remediation of unsafe cladding, first highlighted by the Grenfell Tower […]
President Trump’s second inauguration in a chilly Washington seemed a cause for celebration among Silicon Valley’s elite. The leading lights of Alphabet, Amazon, Apple, Microsoft, Meta Platforms, Nvidia and Tesla—all dubbed the “Magnificent Seven”—were prominently seated, lured by the president’s promise of deregulation and fresh merger opportunities. Yet, barely 50 days later, the total market […]
Small and medium-sized enterprises (SMEs) in Britain are continuing to repay debt at levels more than 20 times higher than before the pandemic, according to industry data. The Department for Business and Trade says this illustrates the lack of “competitive downward pressure” on loan prices, prompting it to open a review into the supply of […]
Bernard Arnault, the 76-year-old chairman and chief executive of luxury giant LVMH, is asking shareholders to change the company’s rules so he can remain in charge until he turns 85. The current age limit for the dual role is 80, having already been raised from 75 in 2022. Arnault has built LVMH into a European […]
The price of gold has surged beyond the $3,000-an-ounce mark for the first time on record, with the spot price climbing 0.4 per cent to hit $3,000.87 an ounce in early Friday trading. Mounting geopolitical pressures and President Trump’s aggressive trade tactics have rattled investors, sending them scrambling for safety in precious metals. A sharper […]
The UK economy unexpectedly slipped into negative territory at the start of the year, underscoring the difficult environment facing Chancellor Rachel Reeves as she prepares her spring statement on 26 March. According to figures released by the Office for National Statistics (ONS), gross domestic product (GDP) declined by 0.1 per cent in January, reversing a […]
In a move that heightens the prospect of another trade war across the Atlantic, Donald Trump has vowed to impose a 200 per cent tariff on wine, champagne and other alcoholic products from the European Union unless the bloc immediately lifts its planned surcharge on American whiskey. The European Commission announced that it intends to […]
Two British minicab operators, Liverpool’s Delta Taxis and Cardiff-based Veezu, are seeking £500,000 in crowdfunding to continue their long-running legal dispute with Uber. The case, set to be heard by the Supreme Court in July, hinges on whether private-hire operators outside London should charge VAT on fares — a shift that could add at least […]
Farmers’ earnings have effectively stalled since the mid-1970s, a new study by the Food, Farming and Countryside Commission has revealed. While productivity has improved and fewer people now work on the land, average annual farm income — at about £32,272 over the last five years — has scarcely budged in real terms for five decades. […]