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News Archive

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6/4/2025

 
China and Canada's Shocking Oil Pact - Leaving U S in the Dust as EVs and Energy Wars Heat Up!

China and Canada's Shocking Oil Pact - Leaving U S in the Dust as EVs and Energy Wars Heat Up! Canada’s energy sector is at a crossroads as the $34 billion Trans Mountain Pipeline expansion (TMX), completed in May 2024.  This opens a Pacific gateway to Asia, breaking decades of U.S.  

6/4/2025

 
Income boost for millions of pensioners and working people but lower increase for some pensioners

Millions of pensioners will receive as much as £470 more a year added to their State Pension from today.  The government's' ironclad commitment to the pensions Triple Lock throughout this parliament is keeping up pension levels but many get less due to the changes in 2016 - see explanations a he bottom of this page.  

6/4/2025

 
Tariff That DESTROYED the American Economy in Just Weeks - It's An Old Story But So True

Tariffs - Breadlines - Trade wars.  Nearly a century ago, protectionism shook the world.  

6/4/2025

 
Happy new tax year 2025 - Tax, utility bill and social security changes in April 2025

Adam Corlett and Lalitha Try from the Resolution Foundation look at what the new tax year brings.   April brings with it a series of tax, benefit and bill rises.  

6/4/2025

 
Our politicians seem to be terrified of us. Why is that?

Neoliberalism has failed, but the Labour government is wedded to it.   No wonder they're so frightened.  

6/4/2025

Scots firms to pay £55 million more in rates than English counterparts this year

Firms occupying larger premises in Scotland are set to pay £54.7 million more than their equivalent-sized counterparts down south in the coming year, from 1 April.   The figures have prompted the Scottish Retail Consortium to reiterate its call for rates parity with England and for the introduction of a new ‘Poundage Rate Lock', so that Scots retailers are never again charged more in rates than counterparts down south.  

6/4/2025

Wall Street Blew It - From the Atlantic Magazine That Trump has berated at his press conference

Investors discounted everything Trump has ever said about trade and tariffs.   We're all going to pay for that mistake.  

6/4/2025

Trump's tariffs aren't meant to make economic sense - Richard Murphy

In summary, he is setting out to shatter every economic advantage that the USA has had, has exploited, and has massively benefited from.  If anyone can see any sense in that, good luck in trying to do so.  

6/4/2025

Economic Own Goal or ACT OF WAR? - Trump's Tariffs

How are markets reacting to the White House's announcement?.   What is Donald Trump's strategy behind imposing reciprocal tariffs across the globe? Will the president ever row back on his decision? Join Katty and Anthony as they answer all of this and more.  

6/4/2025

Trumps Tariffs Will Hit Whisky, Salmon Exports And More - Adapting and Diversifying Is Not New

Trump's tariffs could have a particularly significant impact on Scotland compared to other parts of the UK.   This is largely due to Scotland's reliance on key exports like Scotch whisky and salmon, which are heavily targeted by these tariffs.  

6/4/2025

 
Fake reviews and sneaky hidden fees banned once and for all

Outrageous fake reviews and sneaky hidden fees are now banned once and for all in a major win for consumers right across the UK.   Fake reviews and hidden fees that cost consumers £2.2bn every year now banned.  

6/4/2025

Jaguar Land Rover Suspend Exports To USA

Jaguar Land Rover (JLR) has temporarily paused its car exports to the United States.  This decision comes in response to the 25% tariffs imposed by President Trump on foreign-made cars.  

6/4/2025

 
Taxes Are Going Up - Freeze On Allowances and Fiscal Drag

April will bring a variety of changes in the tax system, ranging from wide-reaching to narrow impacts and from some that are very noticeable to others that are more subtle.   Although households won't observe any direct changes in their take-home pay due to tax changes in April, two tax rises are coming into effect this month that will ultimately affect their incomes, as Figure 1 shows.  

6/4/2025

Keir Starmer To Announce New Measures To Help UK Businesses This Week

Prime Minister Keir Starmer has pledged to protect UK businesses from the impact of President Trump's tariffs by adopting a proactive approach.  He has emphasized the importance of "keeping calm and fighting for the best deal" while preparing to use industrial policies to shield British industries.  

6/4/2025

Government-branded merchandise and away days banned

Spending taxpayer money on unnecessary branded merchandise and staff ‘away days' will be banned in the latest crackdown on wasteful spending across departments.   Government doing away with costly away days and pricy merchandise.  

6/4/2025

Increased Employer NIC Start Today But Retail Sales Are Already Poor

UK Total retail sales increased by 1.1% year on year in February, against a growth of 1.1% in February 2024.  This was below the 3-month average growth of 2.4% and above the 12-month average growth of 0.8%.  

5/4/2025

Americans Stocking Up With Coffee Before Tariffs Raise Prices

The new tariffs imposed by the U.S.  on coffee imports are expected to significantly increase coffee prices for consumers.  

5/4/2025

Brazil Is In Pole Position to Supply Soy Beans To China Replacing American Farmers As Tariffs Bite

Donald Trump has declared a trade war on most of the world.  The world is already fighting back and it is not going to be pretty.  

5/4/2025

Many Eyes Looking At Interest Rates With The Fed, ECB and Bank Of England Expected to Cut

The Federal Reserve, European Central Bank (ECB) and the Bank of England (BoE) are considering interest rate reductions as a response to the economic impact of tariffs.   Considering the pros and cons with tariffs helping to focus the minds of economists and bankers and not least the chancellor Rachel Reeves.  

5/4/2025

 
Trump's Insane Tariff Plan Tanks Stock Market, Risks Economic Collapse as Prices Rise: A Closer Look

You have to laugh even if its so serious.   Seth Myers takes a closer look.  

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