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EU steel tariff hike threatens ‘biggest crisis’ for UK industry
The EU has announced plans to hike tariffs on imported steel in a move the UK’s steel industry has said could be “perhaps the biggest crisis” it has ever faced. The commission has set out plans to cut the amount of steel that can be imported into the bloc by half – beyond which the…
Labubu toy manufacturer exploited workers, labour group claims
A labour rights organisation claims it has found evidence of worker exploitation in a Chinese factory that makes the viral Labubu dolls. China Labor Watch (CLW), a US-based non-governmental organisation, alleges that its investigation found that one of Pop Mart’s suppliers made employees work excessive overtime shifts, sign blank or incomplete contracts and did not…
Three ways the latest inflation figures affect you
This year, the return leg of the long-haul flights they monitor had a return date of the Tuesday after Easter Sunday, at the height of peak season. And, as we tend to book in advance, the ONS collected the info on fares in February, so there was no impact from the war.
G7 stands ready to release emergency oil reserves
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…
Almost half of households do not see benefits of economic growth, report says
Almost half of people in Britain live in areas where economic growth does not translate into a better quality of life with a “stark” North-South divide in the spending power of households, a new report finds. Researchers at consultancy PwC said every region in the north of England, Midlands and Wales had lower spending power…
