John Lewis is expanding its café and restaurant offering in a renewed effort to drive footfall, enhance the in-store experience, and re-establish itself as a destination retailer for middle England. The department store group has announced plans to open five new cafés and restaurants across its estate this year, reflecting what it called the “growing importance of food and drink” ...
British carmakers and manufacturers have welcomed the newly signed UK-US trade deal, which includes a significant reduction in tariffs on automotive and steel exports, offering long-awaited relief to key industrial sectors. The agreement — the first struck under President Trump’s renewed trade agenda — eliminates proposed American tariffs of 27.5% on British steel and reduces car tariffs to 10%, covering ...
The Bank of England’s decision to cut interest rates from 4.5% to 4.25% is welcome news for mortgage holders and homebuyers, but less so for savers. The move, the fourth cut since August, comes amid global economic uncertainty, including concerns over Donald Trump’s trade tariffs, and easing inflation. The Bank’s Monetary Policy Committee voted narrowly to reduce the base rate, ...
More than £18 million has been raised for grassroots sport across the UK since 2018, thanks to a trailblazing partnership between Crowdfunder and Sport England — a milestone celebrated last week at a special event in the House of Commons. The event brought together MPs, funding partners, sports bodies, and community leaders, who gathered to reflect on the success of ...
Vulnerable beneficiaries are being left without essential support as charities across the UK are forced to scale back services or halt expansion plans due to surging operational costs, according to leading audit, tax and business advisory firm Blick Rothenberg. The warning comes amid growing concern that increased National Insurance Contributions (NICs) and the rising National Minimum Wage (NMW) are placing ...
British Airways parent company International Consolidated Airlines Group (IAG) has committed to a massive $23 billion aircraft order, brushing off concerns about softening transatlantic travel demand amid President Trump’s escalating global trade wars. In a confident update to investors, the £14 billion FTSE 100 airline group said it remained on track to hit its €4.6 billion profit forecast for 2025, ...
The Department of Justice has opened a criminal investigation into New York Attorney General Letitia James, Fox News has learned. A source familiar with the matter confirmed that a grand jury in the Eastern District of Virginia sent out subpoenas related to accusations that James misrepresented a single-family home in Virginia as her primary residence to obtain more favorable loan ...
Former Vice President Mike Pence has a message for his old boss. Pence is urging President Donald Trump, under whom he served as vice president in Trump’s first administration, not to raise the tax rate on wealthy Americans. Trump’s 2017 Tax Cuts and Jobs Act, the signature domestic achievement of his first White House term, is scheduled to expire this ...
An analysis of the Trump administration’s efforts to end diversity, equity and inclusion throughout the federal government during the president’s first 100 days in office revealed that nearly 750 DEI employees have been placed on leave or fired for a savings of more than $2 billion. The analysis provided by the White House showed that the Environmental Protection Agency, the ...
A former top aide in President Donald Trump’s first administration is arguing that Republicans raising taxes on wealthy Americans ‘makes no sense.’ Marc Short, the former chief of staff to ex-Vice President Mike Pence, was an integral part of negotiations for Trump’s 2017 Tax Cuts and Jobs Act (TCJA). He also served in Trump’s first White House as director of ...