Category: News

Keir Starmer refuses to condemn Donald Trump’s new tariff threats as he meets eu leaders. discover how a looming trade war risks inflation, hampers post-brexit resets and divides western allies.

HMRC confirms over one million britons missed the 31 January tax deadline, risking at least £100 in penalties.

As Keir Starmer attends a key EU summit, President Macron will argue that “Brexit has failed,” while the UK prime minister seeks a new defence pact and deeper ties.

Businesses grappling with rising energy costs could see higher bills under Labour leader Sir Keir Starmer’s proposal to link the UK’s emissions policy with the European Union’s carbon pricing scheme.

Mark Stewart of Stewart Golf quits the UK’s ‘export champions’ scheme, citing ‘anti-business’ Labour policies and a lack of optimism for small exporters. 

New rules raise UK wine and spirits duty from Saturday while slashing tax on draught pints by 1.7%. Discover how higher costs, changing ABV rules, and mounting business pressures will affect the drinks industry.

Roman Abramovich could owe up to £1bn in unpaid taxes, warn MPs urging an HMRC investigation. Discover how leaked files suggest his offshore investments were managed from the UK—potentially triggering a domestic tax bill.

Millions of taxpayers risk a £100 fine if they miss tonight’s self-assessment deadline. HMRC warns side businesses and online sellers on platforms such as eBay and Vinted to file returns accurately under new data-sharing requirements.

US President Donald Trump confirms a 25% tariff on Canadian and Mexican imports from 1 February, with possible duties on oil. China faces renewed tariff threats over fentanyl concerns, rekindling trade war fears. Discover the implications for consumers and global markets.

Homebase collapsed into administration owing over £650m to unsecured creditors. Discover how mounting debts, a lapsed lending facility, and a pre-pack sale led to one of the UK’s biggest retail casualties.

Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new brand dubbed Truth.Fi.

Chancellor Rachel Reeves has given her official backing to plans for a third runway at Heathrow, arguing that the expansion could create more than 100,000 jobs and significantly boost the nation’s economic output.

Jaguar Land Rover (JLR) has reported a 17% drop in quarterly profit, down to £523m in the final three months of last year, even as the automotive group achieved its best third-quarter revenue on record. The company’s sales for the period rose 2% year-on-year to £7.5bn.

Lloyds Banking Group has announced plans to close another 136 high-street branches across the UK, with 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites scheduled to shut between May and March 2026.