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US tariffs are reshaping the UK’s trading relationship with America. British businesses face a 10% baseline tariff on most exports, with new sector-specific quotas and compliance hurdles fundamentally altering access to the world’s largest market.
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A new transatlantic trade era begins with a 15% tariff. European business leaders face lasting uncertainty as the US and EU strike a high-stakes deal that averts a full trade war but cements tariffs at levels unseen in nearly a century.
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Curiosity and connection shaped Dr Megha Kumar’s path to CyXcel. Now, as digital risk becomes boardroom priority, her interdisciplinary leadership helps companies navigate trust gaps and a new era of accountability.
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Unilever’s sales rose 3.4% amid challenging profit figures. The FTSE 100 firm reported a 3.2% drop in turnover to €30.1bn, citing disposal costs and currency impacts. Ice cream led growth ahead of its spinout, while cash flow and earnings fell.
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A sweeping set of late-payment laws will soon apply to UK corporates. New 45-day payment caps and multi-million-pound fines for repeat offenders are now set to reshape supplier relationships and boardroom behaviour, amid calls for greater corporate accountability and overdue relief for small businesses.
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UK business confidence has reached its highest level since 2015. The Lloyds Bank Business Barometer shows optimism climbing for a third straight month in July, with hiring intentions and services sector strength offsetting ongoing cost pressures and uneven regional trends.
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The UK’s ageing workforce is growing fast. Employers are investing less in training just as older workers face new risks from AI and the net zero transition. New CIPD research calls for urgent action to support reskilling and lifelong learning to keep older staff in work.
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Cohort Capital has issued a £96 million loan facility. The transaction will refinance two four-star hotels in London and the North.
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YouTube surpasses ITV as the UK’s second most-watched media brand. Ofcom’s report highlights the platform’s growing popularity, especially among younger viewers. Average daily viewing time for traditional broadcast TV decreased as on-demand services gained traction.
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Investor interest shifts from AI to defence amid tensions. Retail investors show increased interest in the defence sector due to geopolitical tensions, with over 50% expecting it to grow the most in the next six months, surpassing AI and semiconductor equipment.