Politics

US-China Trade War

Four-car pile-up for Trump Administration: auto makers sue over China tariffs

THE TRUMP Administration is being sued by car makers Ford, Mercedes-Benz, Tesla and Volvo over government tariffs on imported Chinese components. Lawsuits naming US trade...
Tik Tok app on phone, grass background

Clock is ticking, and TikTok’s future hangs in the balance

By HEATHER LEAH SMITH TIKTOK must shore-up a deal to offload its US operations before a divest-or-depart deadline set by US President Donald Trump. The name...
Thames Estuary, Kate Willard

Thames Estuary plan for green development and jobs in south-east UK

THE UK government is backing the Thames Estuary as Britain’s biggest growth opportunity. With the claimed potential to create 1.5m jobs and add value of...
Gold bars

Selfless gesture: world’s super rich calling for higher taxation

SOME of the richest people on the planet want higher taxes on themselves and their peers to aid economic recovery from the Covid-19 crisis. A...
Climate Change

Green Alliance says £14bn needed each year to meet climate challenge

THE GREEN Alliance think-tank says Britain will need an extra £14bn each year to meet its climate commitments. It says £9bn that has been spent...
UK Government loan

Covid-19 loan schemes ‘a debt, not a grant’ cautions UK Finance

UK BUSINESSES are pessimistic about their growth potential once the COVID-19 crisis passes. A survey of 1,200 firms has found that the pandemic has negatively...
wages, salary, furlough

Employers welcome UK government decision to extend furlough scheme

By Hal Williams A DECISION to extend the British government’s furlough programme has been met with relief by UK employers. The Chancellor of the Exchequer, Rishi...
Business closed

UK firms on cliff edge as crisis continues, distress tracker reveals

MORE than a half-a-million UK businesses are facing a high risk of insolvency, and 250,000 may not survive another month without a change to...
EU flag coronavirus graphic

Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
Shrimp

Shrimps, time bombs — and need for study of wartime economies

By William Roman PICK a word starting with “C”… no, not coronavirus; not yet, anyway. The C here stands for crustaceans. The humble shrimp, for instance....