Trade war: Trump’s tariffs pose ‘age-old question’ for Starmer February 3, 2025 President Trump imposed 25 per cent tariffs on goods imports coming from Mexico and Canada, as well as an extra 10 per cent duty on Chinese goods.
Asda equal pay dispute advances as UK supermarkets look on nervously February 3, 2025 Asda workers equal pay can advance to the final legal stage after the Tribunal ruled some of their jobs are of equal value to the jobs in the distribution centres
Eyeball.Club: The AI scouting platform shaking up the January transfer window February 3, 2025 The January transfer window has underlined the importance of finding football’s next big thing earlier, and AI scouting platform Eyeball.Club is built for that, says founder Benjamin Balkin. Manchester United’s £30m signing of Danish left-back Patrick Dorgu, 20, wasn’t just one of the biggest deals of the January transfer window. It also distilled one of [...]
Eurozone inflation unexpectedly rises as Trump trade war fears mount February 3, 2025 The headline rate of inflation picked up to 2.5 per cent in January, according to preliminary estimates from Eurostat.
OYO: Billionaire’s hotel empire to make £50m UK investment February 3, 2025 OYO, the hotel chain founded by Indian billionaire Ritesh Agarwai, has revealed plans to invest £50m in the UK over the next three years and support 1,000 jobs. The news comes after the group, which first entered the UK market in 2018, announced its ambition towards the end of 2024 to open 40 new hotels [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
Trump’s tariffs: Short-term tactic or the start of a trade war? February 3, 2025 It’s not yet clear whether Trump’s threat of tariffs on the EU are intended as a shock and awe tactic to boost US exports or a more considered effort at reshaping global trade. Either way, we’re in for a period of economic volatility, says Andrew Hammond China, Canada, and Mexico are in the process of [...]
Speedy Hire shares slump to all-time low after profit warning February 3, 2025 Shares in Speedy Hire have slumped to a new all-time low after it issued a profit warning, blaming an economic downturn affecting firms. The Newton-le-Willows company told the London Stock Exchange this morning that its recent trading had been impacted by a slowdown in demand so far in 2025. The tools and equipment hire business [...]
Magnet: Kitchen maker bets on premium as huge losses continue February 3, 2025 The group behind kitchen maker Magnet is hoping expanding into the premium market will help it return to profit after falling to another huge loss and cutting hundreds of jobs. Nobia Holdings UK, the company behind the brand, has set about restructuring itself in recent years after not making a pre-tax profit since 2019. But [...]
AllBright: London’s women-only members’ club rescued February 3, 2025 A deal to buy the assets of AllBright, the women-only members’ club in London, out of administration has been announced. A Cain International company has acquired the assets after the networking and events business entered administration last week. The deal has been agreed for an undisclosed sum but the fee is expected to be revealed [...]