UK temporarily spared from Trump’s 50% steel tariffs
The executive order raises import taxes for US firms buying from other countries – but the levy remains at 25% for the UK. Source: Original News
Category: Business
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Winter fuel payment U-turn in place this year, says chancellor
Rachel Reeves says more people will get winter fuel payment “this winter”, but details over how many will get it remain unclear. Source: Original News
Scammers stole £47m from HMRC in phishing attack
The tax authority said it is writing to those affected to confirm they haven’t lost any money and they don’t need to do anything Source: Original News
First-time buyers typically borrowing for 31 years
Mortgage lengths have stayed above 30 years despite some falls in interest rates. Source: Original News
M&S boss’s pay hit £7m before cyber attack chaos
Stuart Machin’s money is not affected by the IT disruption but it will be considered for next year’s pay. Source: Original News
Disney makes hundreds more layoffs as it cuts costs
The media giant has been under pressure as viewers move away from cable TV to streaming platforms. Source: Original News
Warning over TikTok food sellers not listing allergens
It comes after the BBC finds food listed on TikTok shop without ingredient and allergen information. Source: Original News
UK threatens to sue Abramovich over Chelsea sale
The proceeds have been frozen since the UK government forced the club’s sale following Russia’s invasion of Ukraine. Source: Original News
UK steelmakers call Trump doubling tariffs ‘another body blow’
Donald Trump says he will double tariffs on steel and aluminium imports to 50% from Wednesday. Source: Original News
IFS says tough public spending choices unavoidable
With the NHS and defence getting more funding, cuts to other areas are inevitable, the influential think tank says. Source: Original News