He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been paused.
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Friday, February 28, 2025
Faisal Islam: US-UK deal is about avoiding tariffs, not trade
A deal to avoid further trade barriers appears very much on the cards, but challenges remain.
from BBC News https://ift.tt/QZbkB...
Lloyds, Halifax and TSB banking apps down, thousands report
Technical issues are affecting UK banking app users on payday for the second-month running in 2025.
from BBC News https://ift.tt/VzngE...
Public asked for views on how to fix the water industry
Public urged to respond to commission on fixing system in England and Wales - but chairman rules out nationalisation.
from BBC News https://ift.tt/PLzZD...
Thursday, February 27, 2025
Succession-like feud engulfs one of Singapore's richest families
Kwek Leng Beng, the chairman of property giant CDL, has accused his son of plotting a boardroom coup.
from BBC News https://ift.tt/y85UB...
Nvidia says AI chip sales strong despite DeepSeek fears
Boss Jensen Huang responds to concerns about an AI bubble sparked by Chinese firm DeepSeek.
from BBC News https://ift.tt/ZUwtR...
Wednesday, February 26, 2025
What Apple pulling Advanced Data Protection means for you
The tech giant's decision has prompted questions and concerns about reduced protections for UK iCloud users.
from BBC News https://ift.tt/fY5XH...
Apple boss says its DEI programmes may change
His comments came as shareholders rejected a call for the firm to consider ending its diversity practices.
from BBC News https://ift.tt/5Aw1L...
Tuesday, February 25, 2025
Apple commits to $500bn US investment
The iPhone giant's $500bn investment plan includes a new factory in Texas, as well as money spent on suppliers.
from BBC News https://ift.tt/THG1o...
The seven bills due to go up in April
A number of bill rises will come into force at the start of what some commentators have described as "awful April".
from BBC News https://ift.tt/eDXSf...
Historic visual effects studio Technicolor collapses in UK
The company's UK entity has filed for administration, with 'the majority' of its UK staff made redundant.
from BBC News https://ift.tt/aK17f...
Monday, February 24, 2025
Can Canadians get the world drinking tree sap?
The largest producer of maple syrup now wants you to drink the sap, which it calls maple water.
from BBC News https://ift.tt/lbIom...
BMW delays electric Mini over 'uncertainty'
The vehicle manufacturer says "multiple uncertainties" in the industry led to its decision.
from BBC News https://ift.tt/wF2Ly...
Sunday, February 23, 2025
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.
from BBC News https://ift.tt/Ykvqr...
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.
from BBC News https://ift.tt/T9tGP...
Scotch makers condemn English single malt whisky proposal
Scottish distilleries and MPs claim England's methods would damage the reputation of single malt.
from BBC News https://ift.tt/JAf30...
Friday, February 21, 2025
Lloyds sets aside £1.2bn for car loan scandal
The banking group has nearly tripled the amount it has ringfenced for potential compensation.
from BBC News https://ift.tt/zSbXi...
US Fed warns Trump's tariffs may fuel inflation
The minutes from the last meeting of the e Fed's rate setting committee reveal inflation concerns.
from BBC News https://ift.tt/tNw4d...
Thursday, February 20, 2025
Powerful quantum computers in years not decades, says Microsoft
It says a new chip it has created could end up being as important a breakthrough as the semiconductor.
from BBC News https://ift.tt/otAJg...
'Perfect storm' could see end of salon apprenticeships
Hairdressers are calling for government support, saying there could be no salon apprentices by 2027.
from BBC News https://ift.tt/IVJ6g...
Wednesday, February 19, 2025
Average NI house price reaches 17-year high
The average house price in Northern Ireland rose by 9% during 2024, according to official data.
from BBC News https://ift.tt/GmJj5...
'Perfect storm' could see end of salon apprenticeships
Hairdressers are calling for government support, saying there could be no salon apprentices by 2027.
from BBC News https://ift.tt/IVJ6g...
UK wages continue to outpace inflation
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.
from BBC News https://ift.tt/BwoJG...
Tuesday, February 18, 2025
Could Musk damage OpenAI despite his failed bid?
Elon Musk's goal might be hindering the growth potential of the AI firm of his rival Sam Altman, experts say.
from BBC News https://ift.tt/EKj3Q...
S Korea removes Deepseek from app stores over privacy concerns
App stores in South Korea have removed DeepSeek over concerns about how it manages users' data.
from BBC News https://ift.tt/ZyAPD...
Monday, February 17, 2025
Trump steel tariffs negative for UK and US, says Reynolds
President Donald Trump is set to impose 25% taxes on steel entering the US "without exceptions".
from BBC News https://ift.tt/VWNtM...
Trump tariff VAT threat raises fears of hit to UK
The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.
from BBC News https://ift.tt/TcFW2...
Uber and Bolt drivers strike on Valentine's Day
Thousands of drivers are taking part in the strike action over pay and working conditions, a union says.
from BBC News https://ift.tt/IfJpO...
Sunday, February 16, 2025
US politicians furious at UK demand for encrypted Apple data
They say the US should re-evaluate its cyber-security partnership with the UK unless the "dangerous" request is withdrawn.
from BBC News https://ift.tt/70EaZ...
'Mould, damp and decay': Homes excluded from insulation scandal help
Help to fix unsuitable insulation under government schemes only applies to work done since 2022.
from BBC News https://ift.tt/hDrEa...
Friday, February 14, 2025
Modi hails US-India 'mega partnership' in Trump meeting
Trump and Modi, who share warm personal ties, met in the shadow of trade tensions complicating US-India relations.
from BBC News https://ift.tt/fT8Cw...
UK signals it will seek US steel tariff exemption
Business secretary Jonathan Reynolds says the government has a strong case to avoid tariffs on UK-made steel entering the US.
from BBC News https://ift.tt/a9RSl...
Thursday, February 13, 2025
Why do kindness influencers get criticised?
Kindness influencers give away money and gifts but not everyone supports their work.
from BBC News https://ift.tt/WbpT2...
US inflation in surprise increase
US inflation increased by more than expected last month, pushing up the cost of living for Americans.
from BBC News https://ift.tt/XpxgT...
Wednesday, February 12, 2025
Germany's once-mighty car industry is in crisis. What will it take to fix it?
With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?
from BBC News https://ift.tt/wrfZE...
US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.
from BBC News https://ift.tt/XpxgT...
Coca-Cola says it may use more plastic due to Trump tariffs
Beverage giant's boss says his company may need to action if aluminium cans become more expensive.
from BBC News https://ift.tt/cb9QJ...
Tuesday, February 11, 2025
Lidl lifts pay ahead of minimum wage rise
The supermarket says the rise will benefit about 28,000 employees as it becomes the latest chain to lift wages.
from BBC News https://ift.tt/sSL21...
Subsidies halved for controversial Drax power station
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.
from BBC News https://ift.tt/gZclE...
Monday, February 10, 2025
Subsidies halved for controversial Drax power station
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.
from BBC News https://ift.tt/gZclE...
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".
from BBC News https://ift.tt/MakCL...
No excuses not to build 1.5m new homes, Rayner says
The deputy PM says she's "determined" to hit Labour's house-building target by the next election.
from BBC News https://ift.tt/BkGOQ...
Sunday, February 9, 2025
How Japan sparked Trump's 40-year love affair with tariffs
As a young real estate developer in New York, Trump said a rising Japan was ripping off the US.
from BBC News https://ift.tt/l10fJ...
Baltic states begin historic switch away from Russian power grid
More than 30 years after leaving the Soviet Union, Estonia, Latvia, and Lithuania will join the EU's grid.
from BBC News https://ift.tt/vU4QT...
Netflix raises subscription prices in UK
Users will pay £2 a month more on the standard plan, Netflix's most popular subscription package.
from BBC News https://ift.tt/z7QvD...
Friday, February 7, 2025
'His hands were everywhere' - women accuse surviving Fayed brother of sexual assault
The women all worked at Harrods - Ali Fayed, 82, denies the claims and says he "will not be scapegoated".
from BBC News https://ift.tt/qr0dU...
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
from BBC News https://ift.tt/OlJBc...
Thursday, February 6, 2025
World leaders set to vie for AI domination at Paris summit
Global politicians and AI bosses will next week attend a summit to debate the disruptive technology.
from BBC News https://ift.tt/JOVbj...
China challenges Trump tariffs as 'discriminatory'
Beijing says the US is making "unfounded" claims about its role in the fentanyl trade to justify new tariffs.
from BBC News https://ift.tt/cKTBI...
Wednesday, February 5, 2025
Estée Lauder to cut up to 7,000 jobs as sales fall
The owner Clinique, MAC and Bobbi Brown will axe more jobs than planned amid certainty over US taxes.
from BBC News https://ift.tt/EfhTm...
Illegal meat on most UK high streets, official says
Post-Brexit checks are undermining efforts to keep out potentially disease-ridden meat, official says.
from BBC News https://ift.tt/4iBYL...
Tuesday, February 4, 2025
How could Trump's tariffs affect the UK?
How might the UK be affected by Trump's tariffs, even if they are not imposed on the UK?
from BBC News https://ift.tt/tsEn2...
More than a million miss tax return deadline
Thousands of people left it to the last minute before the cut-off at the end of Friday.
from BBC News https://ift.tt/REtXo...
Monday, February 3, 2025
Will Donald Trump’s tariffs hurt US consumers?
Trump claims more taxes on trade wouldn't be a cost to the US - but almost all economists dispute this.
from BBC News https://ift.tt/rhERY...
Personalised number plate sales soar: 'I own 220'
Private plates are increasingly being seen as an investment, often never even being used on a car, say experts.
from BBC News https://ift.tt/O95HG...
Sunday, February 2, 2025
'My £5,700 energy bill was cancelled because supplier broke rules'
Thousands of people have received energy bills that are older than 12 months, despite it being against regulator rules.
from BBC News https://ift.tt/2b9uq...
Blow for Reeves as AstraZeneca ditches £450m investment
The drugs giant blames "protracted" talks with the government as well as differences over funding.
from BBC News https://ift.tt/KC1LH...
Saturday, February 1, 2025
'Is it for a day or four years?' Tariff uncertainty spooks small businesses
Entrepreneurs in the US, Mexico and Canada worry that even a short trade war could push up prices and cost jobs.
from BBC News https://ift.tt/9CUst...
How countries respond to Trump's tariffs is what matters next
Retaliatory taxes against the US by other nations could lead global trade into uncharted territory.
from BBC News https://ift.tt/TCNMI...
Faisal Islam: The 'Iron Chancellor' will have to flex to get the growth she wants
In choppy global seas, going for growth will require tricky navigation
from BBC News https://ift.tt/AmTF9...
