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How Trump’s tariffs could impact consumers
Donald Trump has long threatened increasing tariffs on goods from Mexico, Canada, and China.The second-time president argues higher levies will help reduce illegal migration and the smuggling of fentanyl to the US. On Saturday, the president confirmed that he would subject Mexican and Canadian goods to the full 25% tariff – and Chinese imports to …
Business
Sky News
How Trump’s tariffs could cost consumers in the US and UK – even if he spares Britain
From midnight on Monday, Donald Trump’s tariffs on Mexico, Canada, and China came into effect. But what are they and what do they mean for the UK?The second-time president claims the tariffs – taxes on goods imported into the US – will help reduce illegal migration and the smuggling of the synthetic opioid fentanyl to …
Business
Sky News
NatWest finalises £450m bonus pot as return to private ownership looms
NatWest Group is finalising plans to pay out close to £450m in bonuses for last year as it prepares for a return to full private ownership nearly 17 years after its bailout.Sky News has learnt that the bank’s remuneration committee is close to signing off the bonus pool ahead of its annual results announcement later this month. …
Business
Sky News
Honeymoon couple unable to access their money online as Barclays suffers major IT glitch
A newlywed couple say they have been locked out of their bank accounts while on their honeymoon as Barclays suffered a major IT glitch.People were unable to access money overnight after the issue struck on what was payday for many British workers. Hundreds of customers reportedly claim they are experiencing interrupted services and missing funds, …
Business
Sky News
China has avoided the same tariffs as Mexico and Canada for now – and is taking Trump in its stride
President Donald Trump has been threatening increased tariffs on China for months and now he says he’s delivering it.Trump has said nothing can delay these tariffs, and for China that means an extra 10% slapped on to the cost of its exports. For China’s government, this is all part of the great game of handling …
Business
Business Live
Five policies that Chancellor Rachel Reeves hopes will fire up the economy
This week, Chancellor Rachel Reeves has been focusing on growth. She pledged to go “further and faster” in stimulating economic growth, unveiling a series of plans aimed at ending over a decade of economic stagnation, as reported by City AM. The urgency of her announcements has been amplified by the economy’s lacklustre performance since Labour …
Business
Sky News
Trump hits Canada, Mexico and China with tariffs – amid fears US consumers could suffer
Donald Trump has placed 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China.The move, that came into effect on Saturday, raises fears of price increases for US consumers as the US president suggested he would try to blunt the impact on oil imports. He has been threatening the tariffs …
Business
Sky News
Microsoft and Google chiefs in £295m deal for London Spirit Hundred
A group of technology billionaires including the bosses of Google and Microsoft have triumphed in an auction of the Lords-based London Spirit team in a deal which will set a record benchmark for the sale of a sporting franchise.Sky News can exclusively reveal that the consortium led by Nikesh Arora, the chief executive of Palo …
Business
Sky News
Another UK stock market record broken
The UK’s benchmark stock index has reached another all-time high, in a month of record breaking.The FTSE 100 index of most valuable companies on the London Stock Exchange closed at 8,666.65, breaking the record set on Thursday night after four consecutive days of rises. January has been the best month in more than two years …
Business
Sky News
AstraZeneca scraps £450m vaccine plant after Labour funding cut
AstraZeneca has cancelled plans for a £450m vaccine manufacturing plant in Liverpool, blaming a cut in funding from government.The investment, announced last year in the Tories’ spring budget, was dependent on a “mutual agreement” with the Treasury and third parties, it was said at the time. It will no longer go ahead because Labour ministers …
Business
Sky News
Trump’s changed tack to focus tariffs on Mexico and Canada – why?
We all know Donald Trump loves a tariff. Not long ago he said it was his favourite word in the English language.But one thing that might perplex people somewhat is why he is quite so keen on imposing tariffs on Mexico and Canada. After all, in his first term, his main focus when it came …
Business
Sky News
Electric cargo bike firm Zedify crashes into administration
An electric cargo bike logistics company that received backing from an arm of Barclays has crashed into administration after failing to land new funding, triggering the loss of more than 100 jobs.Sky News understands that Outspoken Logistics Limited, which trades as Zedify, has parachuted in Interpath to handle its insolvency. It comes after an accelerated …

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