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50,000 new apprenticeships promised in youth employment push
The government has launched an expansion of youth apprenticeships to 50,000 places over the next three years, in an effort to tackle unemployment among young people. Sir Keir Starmer said he was “on a mission” to boost training schemes, as he met apprentices at car manufacturer McLaren in Woking, the day after driver Lando Norris…
European firms unite in bid to rival SpaceX
Key European aerospace firms have agreed to pool their space operations into a single business in a bid to compete in the rapidly developing space industry against rivals including SpaceX. Pitched as a ‘European Space Champion’, the new company will be headquartered in Toulouse, employ around 25,000 people and have an annual turnover of €6.5bn…
US tariffs on coffee and bananas to ease under new trade deals
Danielle KayeBusiness reporter Bloomberg via Getty Images A customer shops at a Costco store in Teterboro, New Jersey, US. The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas. The Trump administration on Thursday said import taxes on…
