Brexit UK importers are making deliberate errors on their forms to avoid Brexit border… Simon Rowe Jun 24, 2024 The government accused importers of goods from the EU making "deliberate", "criminal", and "serious" mistakes on…
Business Emma Bridgewater, Britain’s “queen of ceramics”, suffers a loss… Simon Rowe Jun 24, 2024 Emma Bridgewater , Britain's "queen" of pottery, has suffered a loss of nearly £1.4m as her company had to…
Global Economy China accepts tariff talks on electric cars as EU tries to avoid a trade war Simon Rowe Jun 24, 2024 The EU and Beijing have concluded last-ditch negotiations over plans to increase tariffs on Chinese electric car…
Automotive The debt crisis facing the former M&S boss’s car leasing company Simon Rowe Jun 24, 2024 The motor leasing company headed by Lord Stuart Rose, a retail veteran, is in debt due to the slumping prices of…
EU As the election campaign heats up, EU asks France to reduce its spending Simon Rowe Jun 21, 2024 Brussels will demand that the new French government cut spending or increase taxes by billions of dollars this…
Banking UK interest rates at 16-year highest of 5.25% Simon Rowe Jun 21, 2024 Andrew Bailey, the Bank of England's deputy governor, said that it was important to keep interest rates low in…
Companies Tate & Lyle: $1.8bn ingredient deal to boost health of products Simon Rowe Jun 21, 2024 Tate & Lyle believes that a backlash towards ultra-processed foods will present a "big chance" for it to make…
AI The Nvidia wave is sweeping the tech sector Simon Rowe Jun 21, 2024 Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a…
Economy Investors say that Labour could borrow up to £100 billion more without causing a… Simon Rowe Jun 21, 2024 Fund managers say that a new Labour government can raise additional money from the bond market for investments…
Shares Ocado shares plummet after Canadian grocery retailer halts robotic storage build Simon Rowe Jun 21, 2024 Ocado shares fell up to 17.6 percent on Thursday, after the UK-based grocery and technology firm announced that a…
Business Royal Mail is facing a new legal claim regarding bulk delivery services Simon Rowe Jun 21, 2024 Royal Mail's owner faces a new claim of £878mn for damages related to its delivery operations. This is adding to…
World Philippines secretly strengthens ship at the centre of South China Sea dispute Simon Rowe Jun 21, 2024 Six people with knowledge of the operation claim that the Philippines secretly strengthened a dilapidated ship…
Sport Everton begins exclusive talks with Friedkin Family to sell club. Simon Rowe Jun 21, 2024 The Friedkin billionaire family has entered into exclusive talks with Farhad Moshiri to purchase Everton Football…
Companies Revolut wants to value employee shares at more than 40 billion dollars Simon Rowe Jun 21, 2024 Three people familiar with the plans say that UK fintech Revolut aims to sell shares at a valuation of more than…
Economy TUC: Unsecured household loans set to increase by 9.4% in this year Simon Rowe Jun 20, 2024 According to an TUC report, UK households will rack up additional unsecured debts totaling more than 1,600 pounds…
Artificial intelligence OpenAI founder Ilya Sutskever announces rival AI startup Simon Rowe Jun 20, 2024 Ilya Sukseker, co-founder of OpenAI, is launching a rival AI startup focused on "building superintelligence…
Banking Bank of England to keep interest rates at 16 year high Simon Rowe Jun 20, 2024 Bank of England will likely leave interest rates unchanged for the seventh consecutive time at its Thursday…
Economy Spending on food, clothes and take-out is down for consumers Simon Rowe Jun 20, 2024 Even though inflation is down to 2% this year, consumers are still cutting back on their non-essential purchases,…