Category : Search result: economy news


Trump's $17 Trillion Tariff Plan Under Fire

Former President Donald Trump's controversial proposal to impose universal 10% tariffs on all imports could trigger the largest tax increase in modern history, raising serious concerns among economists and trade experts.

Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

Gold Prices Surge as Pharma Stocks Face Pressure

Financial markets experienced significant volatility as gold hit record highs while pharmaceutical giant Eli Lilly faced pressure over drug pricing concerns. Get the latest analysis on today's market movements.

Trump's $50k H-1B Visa Fee Threat to UK Tech

Exclusive: Proposed drastic increases to US H-1B visa fees under a potential Trump administration could cripple UK tech firms, strain economic ties, and trigger a global talent war, industry leaders warn.

London's inflation crisis defies UK-wide cooling trend

Exclusive analysis reveals London's inflation rate remains significantly higher than the UK national average, creating a severe cost-of-living crisis for the capital's residents despite the Bank of England's efforts.

Microsoft's $3.3bn AI Hub Transforms Wisconsin

Microsoft announces a monumental $3.3 billion investment in Racine, Wisconsin, to build a state-of-the-art AI and cloud data centre. This landmark deal, championed by President Biden, promises to create thousands of jobs and marks a stunning reversal of a

Capaldi's Tube Gig Worth Millions in Free Publicity

Exclusive analysis reveals Lewis Capaldi's surprise London Underground performance generated millions in economic value, free publicity, and fan euphoria, dwarfing the cost of a standard Tube fare.

Australia Ditches GDP for Holistic Wellbeing Framework

Australia unveils a revolutionary 'Measuring What Matters' report, shifting from pure economic growth to a holistic wellbeing framework that prioritises health, environment, and social equity for a truer measure of national prosperity.

Cornwall's tourist numbers hit lowest point in a decade

Cornwall's coastal communities confront an unexpected crisis as anti-tourist sentiment leads to a dramatic visitor decline, triggering economic hardship and forcing a bitter rethink about the region's dependence on tourism.

Emirates Premium Economy Review: Is The Upgrade Worth It?

Considering an upgrade to Emirates Premium Economy? Our in-depth review breaks down the seats, service, and overall value on the Airbus A380 to help you decide if it's worth the extra cost for your next long-haul flight.

AstraZeneca Pauses £500m Cambridge HQ Investment

Pharmaceutical giant AstraZeneca has paused plans for its new £500 million global headquarters in Cambridge, citing an 'unfavourable' UK economic climate and sending shockwaves through the business community.

Reeves: Russia's Sanction-Hit Economy is a "Failure"

Shadow Chancellor Rachel Reeves delivers a scathing critique of Russia's economic collapse under sanctions, contrasting it with the UK's resilience and outlining Labour's plan for economic security.

UK Economy Flatlines in July with 0.0% Growth

New official data reveals the UK economy showed zero growth in July 2025, dealing a blow to Chancellor Rachel Reeves's economic strategy and raising fears of a prolonged stagnation.

Trump's Immigration Overhaul Sparks Constitutional Clash

The Trump administration's sweeping new immigration directive, bypassing Congress, triggers legal battles, international condemnation, and economic uncertainty as the White House asserts unprecedented executive power.

Trump & Mandelson Deal Cuts Scotch Whisky Tariffs

In a major boost for Scotland's economy, former political heavyweights Donald Trump and Peter Mandelson have brokered a groundbreaking agreement to dramatically reduce punitive US tariffs on Scotch Whisky, ending a long-standing trade dispute.

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