Little respite for carmakers despite Trump’s tariff rowback April 30, 2025 Donald Trump’s rowback on tariffs provides little respite for a global car industry already struggling to cope. Following intense lobbying from manufacturers, the mercurial US president on Tuesday introduced a set of relief measures for carmakers which enable them to pay less in import taxes for foreign parts. While the move will be welcomed by [...]
FTSE 100 continues longest winning streak since 2017 April 30, 2025 The FTSE 100 is on track for another strong day after 12 days of positive performance, marking its best winning streak since 2017 amid a calming of investor nerves over an erratic US tariff policy. London’s main index has had a positive performance every day since 10 April, and is currently up 0.12 per cent [...]
TfL launches fresh crackdown on fare evasion with new measures April 30, 2025 Transport for London (TfL) plans to expand its team of investigators as part of a suite of new measures to crack down on fare evasion. London’s transport body is aiming to halve fare evasion across all its services, which costs hundreds of millions each year, to 1.5 per cent or less by 2030. The rate [...]
US dollar set to fall further as gold rally expected to resume April 30, 2025 The US dollar is set to continue falling against other major currencies such as the pound, despite stabilising in recent days, while gold is expected to resume its record rally, UBS analysts have said. The DXY index, which tracks the dollar’s performance against a basket of currencies, fell sharply at the start of April following [...]
Melrose ‘confident’ in profit growth despite tariff hit April 30, 2025 Melrose said it has charted a course to “successfully mitigate” its direct exposure to US tariffs and was confident in delivering profit growth in 2025. The owner of GKN Aerospace said on Wednesday it had explored a number of measures to reduce the impact on segments of the group unable to make use of any [...]
Aston Martin limits US imports amid tariff uncertainty April 30, 2025 Aston Martin has begun limiting car imports to the US as it wrestles with the fallout from Donald Trump’s erratic tariff regime. The luxury carmaker was already forced to revised down sales targets slightly in April as Donald Trump’s liberation day announcement rocked global markets and sent shares in a string of carmakers spiralling. Chief [...]
Aberdeen: Interactive Investor success softens mass withdrawals April 30, 2025 Investors pulled £5.2bn from Aberdeen over the last quarter, disappointing analysts that had been hoping for a turnaround since the Scottish fundhouse’s name change. The asset manager, which dropped the disemvoweled ‘Abrdn’ name earlier this year, saw withdrawals from every arm of its business over the firm quarter except Interactive Investor, it revealed in a [...]
Jet2 shares soar on £250m buyback and higher summer bookings April 29, 2025 Shares in Jet2 soared more than 15 per cent on Tuesday as the leisure travel firm reported healthy profit growth and unveiled a £250m share buyback programme. Group profit before foreign exchange revaluation and taxation is expected to come in at between £565m and £570m, an increase of around nine per cent year-on-year. Jet2 said [...]
Porsche: Trump tariffs and China troubles to slash sales and profit April 29, 2025 Porsche has cut its forecasts for 2025 amid fears over the impact of President Donald Trump’s tariffs on the global car industry. The luxury sports car maker expects to report a profit margin of between 6.5 to 8.5 per cent this year, down from prior guidance of 10 to 12 per cent. Revenue is also [...]
The Brightening Air: Unbearably tense and brilliantly acted April 29, 2025 After seeing The Brightening Air at the Old Vic, I left the theatre with the overwhelming urge to seize control of my own destiny. It follows an extended family as they prepare to meet after a long time apart. The occasion: the birthday of the blind ex-clergyman Father Pierre. It is a play in which [...]
