Donald Trump is on a mission to ‘make America wealthy again’. Speaking outside the White House, he said for too long the country had been ‘looted, pillaged, raped and plundered by nations near and far, both friend and foe alike’. Now that would come to an end, he said, as he slapped eye-watering tariffs on…
A UK division of the Indian conglomerate Tata “deliberately orchestrated” a redundancy programme in a way that unfairly targeted older, non-Indian nationals, an employment tribunal has heard. Three claimants allege the Mumbai-based Tata Consultancy Services (TCS), which is valued at almost £110bn on the BSE stock exchange in Mumbai, discriminated against them on grounds of…
The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump‘s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are…
Silhouette of a private executive jet flying over a calm sea at sunrise after taking off from a holiday island, Copy space. No people. Ceri Breeze | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign…
Percy Pig’s US invasion could be called to a halt amid fears that Donald Trump’s tariffs could affect sales of Marks & Spencer’s popular confectionery brand which has just launched in Target stores across the Atlantic. Archie Norman, the chair of M&S, has described Percy as the retailer’s “gift to America” but he told the…
Lawmakers criticize Trump following new tariffs policy Democratic and Republican lawmakers are criticizing Donald Trump’s latest tariff policy reveal which prompted global stocks to fall sharply and for the US dollar to hit a six-month low on Thursday. Senate minority leader Chuck Schumer took to X and wrote: “54% tariffs on China, 10% tariffs on…
Jonathan Reynolds has urged MPs to keep calm as the government gauges its response to Donald Trump’s announcement of tariffs on countries around the world, including the UK. Reynolds said the UK had launched consultations with businesses and would be open to a trade deal with the US on favourable terms Trump’s tariffs: the full…
A megafarm that would have reared almost 900,000 chickens and pigs at any one time has been blocked by councillors in Norfolk over climate change and environmental concerns. Councillors on King’s Lynn and West Norfolk borough council unanimously rejected an application to build what would have been one of the largest industrial poultry and pig…
Plans to overhaul England, Wales and Scotland’s electricity market risk piling an extra £3bn on to household energy bills every year until the 2040s, according to the government’s own clean power adviser. New research has found that moving ahead with a plan to divide the national electricity market into different pricing zones could drive up…
Donald Trump’s tariff plan could undermine the Brexit deal between the EU and the UK for trading arrangements in Northern Ireland, a highly sensitive agreement designed to maintain the 1998 peace pact. As part of the president’s attempt to spur on a “rebirth” of the US, Trump has imposed a two-tier tariff rate on the…
