Finance
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Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ’em’

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Legendary investor Warren Buffett made a rare comment on President Donald Trump’s tariffs, saying punitive duties could trigger inflation and hurt consumers. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war,…

Economy
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The Guardian view on Labour eyeing green cuts: they would undermine growth and climate goals | Editorial

In October, the prime minister, chancellor and energy secretary pledged billions to kickstart the UK’s first carbon capture projects – one of the biggest green spending promises of the parliament. By December, Ed Miliband was signing contracts, Sir Keir Starmer vowed to “reignite our industrial heartlands” and Rachel Reeves warned that without bold action, Britain would be…