Britain’s top companies were already tightening their belts in anticipation of a worsening global economic outlook — even before President Trump’s tariff U-turns sent markets into a tailspin. A new Deloitte survey of FTSE 350 finance chiefs, carried out at the end of March, shows that concern about geopolitical risk was at its highest level since Russia’s invasion of Ukraine. ...
A clear majority of UK voters believe the government should prioritise strengthening trade ties with the EU over pursuing a new economic deal with the United States, according to new polling released this weekend. The findings, published by the internationalist thinktank Best for Britain, suggest that public opinion has shifted decisively since the Brexit referendum, with many voters now viewing ...
Fire and rehire, also known as dismissal and re-engagement, is a practice that’s been around in the business world for a long time. It involves companies dismissing an employee, and then immediately rehiring them. With the ‘new’ job, comes a new contract which will generally contain less favourable terms for the staff member in question. Yulia Barnes, Founder and Managing ...
The government is facing fresh calls to take urgent action on Britain’s soaring industrial energy costs, as leading industry bodies warn that more manufacturers could face collapse unless electricity prices are brought in line with European competitors. In a joint letter to Chancellor Rachel Reeves, the Trades Union Congress (TUC) and Make UK, the manufacturers’ organisation, said that unless action ...
The UK’s retail, hospitality and leisure sectors are facing mounting pressure as the ripple effects of President Trump’s global tariff policies continue to destabilise trade and drive up costs — despite a temporary 90-day pause on new duties. Amanda French, partner and head of retail and leisure at national law firm Clarke Willmott LLP, warns that the sector is grappling ...
Known more for its industrial heritage than its vineyards, Hull could one day rival Bordeaux in the world of fine wine, according to a new report forecasting how climate change is transforming global wine production. The prediction comes from the first annual Fine Wines and Restaurants Market Monitor, published by consultancy firm Bain & Company, which outlines how rising temperatures ...
An American missionary who was detained in Tunisia for over a year was released on Sunday. Officials gained the release of U.S. citizen Robert Vieira on Sunday afternoon, according to a Reuters report citing U.S. special envoy Adam Boehler. Boehler told the outlet that Vieira was doing missionary work when he was detained by Tunisian authorities 13 months ago. Officials ...
White House trade advisor Peter Navarro brushed off concerns about a feud between him and billionaire Elon Musk, arguing the two administration advisors had a ‘great’ relationship. ‘First of all, Elon and I are great. It’s not an issue,’ Navarro said during an appearance on NBC News’ ‘Meet the Press’ on Sunday. The comments come after Navarro and Musk got ...
I pay attention to technical support levels as the combination of price support/resistance is always my primary stock market indicator. We’re in a downtrend and, in my opinion, the trading range is very, very clear on the S&P 500 right now: I think most everyone can agree that much of the selling and fear and panic can be attributed the ...
The Trump administration is receiving an outpouring of support from animal advocacy groups, lawmakers and others for recent announcements to end animal testing within programs at the FDA and EPA. ‘PETA applauds the FDA’s decision to stop harming animals and adopt human-relevant testing strategies for evaluating antibody therapies,’ Kathy Guillermo, PETA senior vice president, said in a statement. ‘It’s a ...