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 [...]
UK fintech Revolut expands lifestyle reach with mobile plans April 30, 2025 Revolut is to offer mobile plans to customers as the UK fintech continues to diversify its product range. The Canary Wharf-based business is looking to enter the mobile market in the UK and Germany later this year before eying further market expansion. Revolut said its plans will include unlimited calls, texts and data at home, [...]
Why Thunderbolts is the best Marvel movie in ages April 30, 2025 It’s a time of great peril in the Marvel Cinematic Universe. The world’s biggest film franchise has struggled ever since Avengers: Endgame, a fact highlighted by March’s Captain America: Brave New World. The drab action thriller that illustrated every superhero trope audiences have tired of. As the MCU looks to reset, could their saviours come [...]
Mini Aceman is an electric SUV with more character than most April 30, 2025 It has been nearly a quarter of a century since BMW revived the Mini. Reinterpreting an icon held close to many hearts is a risky business, as proven by Jaguar’s controversial rebrand and Ford’s attempt to revive the Capri. However, BMW’s Mini is one of the most successful comebacks for a classic name, making the [...]
Santander UK’s provisions surge after branch closure backlash April 30, 2025 Santander UK was struck with a surge in provisions in its first-quarter report as backlash mounted to its branch closure operation. The Spanish-headquartered lender’s provisions for liabilities and charges rose 69 per cent to £140m. The firm said £42m of this was driven by “charges relating to changes to our branch network”. This comes as [...]
Gymshark puts 300 jobs at risk despite record sales April 30, 2025 Gymshark has put almost 300 jobs at risk despite reporting record sales for its latest financial year this week. The Solihull-headquartered company, which was co-founded by self-made billionaire Ben Francis, has entered into a consultation with 296 employees, almost a third of the total workforce. The news, first reported by Drapers, came on the same [...]
Mandating investment lays bare the Chancellor’s failures April 30, 2025 As Latin American countries began to allow for the creation of private pensions in the 1980s and 1990s, they faced a new dilemma on how to maximise domestic investment by these new funds. While they initially opted for a policy of strict capital controls and limits on overseas investments, everyone has to face economic reality [...]
Everton owners in talks to buy data firm to help manager Moyes April 30, 2025 In this week’s Ahead of the Game: Everton’s Friedkin Group looks to data, Hundred and World Cup latest, bookmakers and the EFL. Everton’s owners, The Friedkin Group, are in talks over buying a data company to assist David Moyes with player recruitment. Following an internal review conducted at Goodison Park since the multi-club owners bought [...]
Taxes and tariffs combine to ‘drag business sentiment’ April 30, 2025 The double whammy of Rachel Reeves’ taxes and Donald Trump’s tariffs have dragged confidence in business volumes to their lowest level in more than two years, fresh data has found, further clouding prospects for the British economy. The UK has already suffered from lacklustre growth over the last few years as real GDP only expanded [...]
Mandating investment lays bare the Chancellor’s failures April 30, 2025 As Latin American countries began to allow for the creation of private pensions in the 1980s and 1990s, they faced a new dilemma on how to maximise domestic investment by these new funds. While they initially opted for a policy of strict capital controls and limits on overseas investments, everyone has to face economic reality [...]