What’s behind Rachel Reeves’s ‘hokey cokey’ on income tax rises?
The bond markets selling UK debt, which the chancellor had spent months courting, reacted badly to her change of heart on income tax rises Source: Original News
Category: Business
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Trump rolls back tariffs on dozens of food products
The executive order allowing products like coffee and bananas to escape tariffs comes as the Trump administration faces mounting pressure over rising prices. Source: Original News
What is the two-child benefit cap and how could it change?
Since 2017, some benefits have been limited when parents have a third child or more, so how does it work? Source: Original News
Data centre in the shed reduces energy bills to £40
“It’s fantastic because it’s eco-friendly…We’re not burning any gases,” says Terrence Bridges. Source: Original News
SSE to invest £33bn in upgrading Scotland’s electricity grid
The company plans to spend two-thirds of that to upgrade wiring and increase high-voltage grid capacity to get power from the north to customers in the south. Source: Original News
Heineken UK cuts Foster’s alcohol strength to 3.4%
The brewer said the change could lead to cheaper pints. Source: Original News
Kim Kardashian’s shapewear brand Skims hits $5bn valuation
The funding round is one of the biggest this year for a US consumer brand and comes as the firm faces fierce competition. Source: Original News
£220 ‘for a cut-up sock’ – Apple’s new iPhone Pocket ridiculed online
Many took aim at the high price online, while others made fun of its striking likeness to a piece of footwear. Source: Original News
UK’s first small nuclear power station to be built in north Wales
Three small modular reactors are confirmed for the site, with the potential for up to eight. Source: Original News
India’s start-ups fire up public markets amid valuation concerns
Start-up fundraising has raised uncomfortable questions about valuations, but signals a maturing ecosystem. Source: Original News