Markets
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Aston Martin cuts exports to the US amid tariff uncertainty, despite narrowing losses and rising average car prices, with net debt hitting a record £1.26bn. Read more: Aston Martin limits US exports as Trump tariffs cloud outlook and losses narrow
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Losses have widened at Truly, the lifestyle brand launched by Dragons’ Den star Peter Jones which used to be backed by Holly Willoughby. The online business has been trading since the end of 2018 – led by Jones and wife Tara Capp – after TV presenter Willoughby stepped away a few months before. At the…
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President Trump’s easing of car import tariffs offers some relief to manufacturers — but deepens long-term uncertainty for global trade.
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Record interest from investors and sustained appetite from central banks helped keep demand for gold among the highest its been since the onset of the pandemic.
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The UK’s official statistics body has begun an assessment of the cost of running British Steel.
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Luxury fashion conglomerate Kering has unveiled a comprehensive “Water Positive Strategy” designed to reduce water-related risks across its supply chain and contribute to a net positive water impact by 2050. The company, whose portfolio includes high-end labels such as Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, aims to deliver measurable improvements in the availability and…
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The UK government proposes extending the sugar tax to milk-based drinks like milkshakes.
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Labour’s benefit cuts risk costing the UK economy over £38bn a year, says the Trussell Trust, as rising poverty places further pressure on public services and economic growth. Read more: Labour’s benefit cuts could cost UK economy billions, warns Trussell Trust
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UK supermarkets ramp up promotions, spending £347m on deals to stay competitive as grocery inflation rises to 3.8%, according to Kantar’s latest market report. Read more: UK supermarkets spend hundreds of millions on promotions as grocery price war intensifies
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Italian energy company Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, paving the way for full-scale construction to begin in 2025. The project, which lies at the heart of the HyNet industrial decarbonisation cluster in North West England and North Wales, is a key…