Washington and Beijing have been at locked in a tit-for-tat standoff for months and have so far imposed tariffs on billions of dollars worth of goods, leaving foreign investors on edge over growing tensions between the economic powerhouses. President Donald Trump has recently ramped up the pressure by...
The May Bank Holiday, also known as the Late May Bank Holiday or the Spring Bank Holiday weekend, runs from Saturday May 25 to Monday May 27. While many may be delighted by the prospect of the long weekend, others may be concerned about what this means in...
Administrators KPMG are being lined up to deal with the process, which will hit Jamie's Italian branches and other venues, according to Sky News.Other restaurants understood to be in the firing line include Barbecoa sites as well as Fifteen London.As many as 1,300 jobs are believed to be at...
The pairing eased following a warning from Chancellor Philip Hammond who said that Brexiteers want to “hijack the result of the referendum”, further highlighting the divisions within the Conservative Party and raising concern over a chaotic exit from the European Union. Liz Truss, the Treasury Chief Secretary, added:...
Overnight, the US dollar rose as the Trump administration relaxed some of the sanctions on Chinese telecoms giant Huawei. The company has now been given 90 days to purchase American-made goods so they are able to maintain crucial networks and update existing handsets. However, the move only temporarily...
Pound Sterling is at a three-month low versus the euro and fell to as low as €1.1379 earlier today. The pound was at €1.1381 at 9.08am BST as it struggled to recoup gains. Against the US dollar, the pound tumbled below $1.27 for the first time since mid-January...
The north Yorkshire-based manufacturer is forecasting £10m first year sales for its new Quorn Food Cupboard products after seeing demand for meat-free options soar especially among families and consumers looking for on-the-go alternatives. Development of the new process for Quorn’s mycoprotein took three years and the flavoured grains, chickpea...
Many rely on the state pension to be comfortable and secure in later life.But what happens when your spouse dies? Do you lose their state pension?Can you inherit their state pension?The government said: “You might be able to inherit an extra payment on top of your new State...
In the latest profit figures from the luxury car manufacturer, Jaguar Land Rover was heavily impacted by a £3.3 billion writedown in the third quarter. It slumped from a £400 million profit in the previous financial year as it was hit by the economic slowdown in China. Weakness...
The eurozone is also being dragged down by Germany after slowing global demand and repercussions from the US-China trade war dented the manufacturing sector of the largest economy in the euro area. Italy has only recently returned to growth, edging out of recession territory after gross domestic product...