Ontario has taken the dramatic step of pulling more than 3,600 US-produced alcohol products from its Liquor Control Board of Ontario (LCBO) catalogue. Premier Doug Ford describes this as the province’s “first round of retaliation” against Donald Trump’s latest raft of tariffs targeting Canadian goods. As the exclusive wholesaler in the province, the LCBO’s decision […]
The Bank of England has cautioned that US president Donald Trump’s escalating trade tariffs will likely leave British households with less disposable income. Speaking before MPs, Governor Andrew Bailey described the risks to the UK and global economies as “substantial” and warned that any disruption to trade flows could reduce output and raise costs. Megan […]
UK service providers have cut employment for a fifth consecutive month, according to the latest S&P Global purchasing managers’ index (PMI), marking the longest run of job shedding since early 2011 outside of the pandemic period. The survey points to concerns over a “loss of growth momentum” since the autumn budget, with many firms attributing […]
Rachel Reeves has branded the rising number of young Britons not in employment, education or training (NEET) a “stain on our country”. In a fireside chat at a manufacturing conference in London, the Chancellor voiced alarm that nearly one million 18-24-year-olds are currently “sitting at home doing nothing” instead of gaining valuable skills or workplace […]
Young women aged 16 to 24 in full-time work are now earning an average of £2,200 more per year than men in the same age bracket—a stark reversal from only two years ago, when men were better paid. According to new research by the Centre for Social Justice (CSJ), the shift reflects an unfolding “crisis” […]
A record number of British business leaders are bracing for unprecedented cost pressures over the coming year, driven by tax hikes, mounting energy bills and rising pay demands, according to a new survey by the Institute of Directors (IoD). The poll revealed that 89% of respondents expect their costs to climb, with only 2% anticipating […]
Asda has confirmed that more than 10,000 of its managers will not receive their annual bonuses this year, following a worrying slide in performance at the once-thriving supermarket chain. The payout cancellation comes amid Asda’s worst Christmas sales in a decade and a slip in market share from 13.7 per cent to 12.6 per cent, […]
Article content The result compared with a deficit of $23.6 billion for the same period a year earlier. According to the Finance Department’s monthly fiscal monitor, revenue for the nine-month period totalled $355.6 billion, up from nearly $318.1 billion a year earlier, boosted by gains in all categories. Program expenses excluding net actuarial losses amounted […]
President Donald Trump has given fresh hope for a rapid trade agreement with Britain, declaring that threatened tariffs “wouldn’t be necessary” if negotiations progress as he anticipates. The remarks came at a joint press conference with Prime Minister Sir Keir Starmer, who visited the White House seeking closer economic ties, clarity over US sanctions policies […]
Nationwide, First Direct, Lloyds and Halifax all confirmed widespread app and online banking disruptions on Friday, leaving many customers unable to access their pay as salaries and bills moved in and out of accounts. This is the second consecutive month that major banks have experienced IT failures around the end-of-month payday rush. According to service […]