UK to Introduce Carbon Border Tax on Steel and Cement Imports from 2027
UK to impose carbon tax on steel, cement imports from 2027 to curb carbon leakage, but industry warns delay risks dumping.
UK to impose carbon tax on steel, cement imports from 2027 to curb carbon leakage, but industry warns delay risks dumping.
England can qualify for the 2027 Women's World Cup with a draw against Spain in Mallorca. Live on ITV 1 from 8pm BST.
Birkenstock says it will absorb US tariffs rather than pass costs to customers, with selective price increases and efficiency measures.
Gold price falls after Trump exempts bars from tariffs, easing uncertainty and relieving Swiss bullion market.
US war in Iran disrupts global energy markets, hitting Asia and Europe hard while US economy shows resilience, marking a shift from global guardian to chaos arbiter.
Ukrainian drones hit an oil refinery in Russia's Tyumen region, over 2,000 km from Ukraine. Zelenskyy confirms new 3,000 km range drones. Crimea also under attack.
Trump ends all trade negotiations with Canada after Ontario ad uses Reagan quote criticising tariffs, sparking a new trade dispute.
CWU warns Royal Mail workers told to leave hospital letters to prioritise parcels, creating 'chaotic' service. Owner Kretinsky denies management decision to prioritise parcels.
Southwest Airlines faces backlash over its 'Customer of Size' policy requiring plus-sized passengers to buy a second seat. The airline may be walking back changes after viral TikTok claims.
Trump administration calls Australia's media bargaining law 'foreign extortion' as PM Albanese defends plan to make tech firms pay for news.
Despite US oil blockade and sanctions, a trickle of tourists still visit Cuba, though tourism has plummeted and locals struggle.
Iran seizes two ships in Strait of Hormuz, calls reopening 'impossible' amid US blockade, escalating global economic crisis.
Greenland PM says sovereignty non-negotiable after Trump claims Nato deal gives US total access to the Arctic island.
Ethical Consumer report criticises Mars, Cadbury, Nestlé for inadequate cocoa sourcing; only 17 of 82 brands ensure farmers earn living wage.
Trump imposes 25% tariff on AI chips like Nvidia H200 and AMD MI325X, citing national security. Exemptions apply for datacentres and consumers.
Houthis strike Israel again; Iran targets Gulf states; global fuel crisis deepens as war impacts energy supplies.
Royal Mail suspends US parcel services due to new US import tariffs, joining other European postal operators in halting shipments amid uncertainty.
Two million airline seats cut globally in May due to soaring jet fuel prices amid Middle East conflict, with UK warned of potential summer shortages.
Venezuelan lawmakers debate a mining bill to attract foreign investment, regulate the industry, and boost critical mineral production amid improved US relations.
Nato chief urges diplomacy after US Treasury Secretary calls Denmark 'irrelevant' amid Greenland tensions at Davos.
Kentucky bourbon distillers cut production amid falling demand but invest billions in expansion, facing tariff and inflation headwinds.
Ireland plans to pass a law by mid-July banning goods from Israeli settlements in the West Bank, citing settler violence and international law.
EU border system delays may persist for two years, official warns, raising fears of summer travel chaos and dampening holiday bookings.
Trump says India will stop buying Russian oil after call with Modi, announces US tariff cuts on Indian exports from 25% to 18%.
NextEra to buy Dominion in $67bn deal, creating largest US regulated utility serving 10m customers amid AI-driven power demand surge.
Oil prices rise and bonds wobble amid Iran tensions and UK political uncertainty, with Brent crude hitting $111 and gilt yields reaching 5.19%.
US Treasury demands FT retract story on Bessent's Fed oversight views, calling it 'manufactured'.
Saudi Crown Prince Mohammed bin Salman detains 11 princes, ministers, and billionaire Prince Alwaleed in anti-corruption purge, consolidating power.
Swansea City defender Ricardo Santos has joined Sheffield Wednesday for an undisclosed fee after struggling for game time, making only one appearance for the club.
Manchester United could receive less than expected from Mason Greenwood's sale due to UEFA financial sanctions on Marseille, potentially forcing a cheap transfer.