Breadcrumb Trail Links News Economy Would mean a total 50% tariff on Canadian steel and aluminum if planned measures proceed Author of the article: The Canadian Press Kelly Geraldine Malone Published Feb 11, 2025 • Last updated 23 minutes ago • 4 minute read United States President Donald Trump speaks during an executive order signing in […]
The UK government has refused to criticise Donald Trump’s decision to impose 25 per cent tariffs on British steel exports, despite mounting concerns from industry leaders that the move will severely damage the sector. Trump’s executive order, which removes exemptions for the UK and all other nations, will see all steel and aluminium imports into […]
The UK and US have declined to sign an international declaration on artificial intelligence (AI) at a global summit in Paris, putting them at odds with countries such as France, China, and India, which have pledged a collaborative and ethical approach to AI development. The agreement, endorsed by 60 nations, commits to ensuring AI is […]
Breadcrumb Trail Links Innovation News Group of investors led by Musk offered to buy the nonprofit that controls OpenAI for US$97.4 billion Author of the article: Bloomberg News Shirin Ghaffary, Kate Clark and Rachel Metz Published Feb 10, 2025 • 2 minute read Sam Altman, co-founder and chief executive of OpenAI, speaks during a panel […]
Shein has scrapped plans to open a UK warehouse, further clouding its prospects for a blockbuster £50bn listing on the London Stock Exchange. The fast fashion giant had been scouting large-scale warehouse sites in the East Midlands, including Derby, Daventry, Coventry, and Castle Donington, but has now confirmed it has “no plans” to proceed. The […]
HMRC has announced a reduction in the interest charged on overdue tax payments, following the Bank of England’s recent decision to cut the base rate from 4.75% to 4.5%. From 17th February, taxpayers with outstanding debts will see the interest rate on late payments drop from 7.25% to 7%. This will offer some relief to […]
Breadcrumb Trail Links News Economy President Donald Trump said he will announce 25% tariffs on all imports of steel and aluminum on Monday. Author of the article: Bloomberg News Josh Wingrove Published Feb 09, 2025 • Last updated 7 minutes ago • 3 minute read A worker welds a stainless steel part at a steel manufacturing […]
Ed Miliband, the Energy Security and Net Zero Secretary, has declined to reveal his personal view on the controversial third runway at Heathrow, despite Labour’s public backing of airport expansion. Under Chancellor Rachel Reeves’s push for economic growth, the Labour government last month confirmed its support for a larger Heathrow. Yet when pressed on whether […]
Sir Keir Starmer is preparing to pursue a pioneering trade agreement with Donald Trump focused on digital services, according to Gareth Thomas, the exports minister. The move comes amid a looming threat of global trade tensions, yet ministers insist there are “definitely possibilities” of forging lucrative ties with the world’s largest economy. Mr Thomas said: […]
Nissan appears ready to pull out of talks over a planned merger with Honda, valued at £46 billion, amid mounting tensions and a desire to find a better-suited ally for its push into electric vehicles (EVs). The two Japanese carmakers announced in December they were exploring a tie-up alongside Mitsubishi to form the world’s third-largest […]