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50,000 new apprenticeships promised in youth employment push
Posted onThe 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…
Trump plan to cap credit card costs hits bank shares
Posted onShares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped. On Friday, Trump wrote on Truth Social that interest rates on cards should be limited to 10% for one year from 20 January. He did not specify how such a cap might be…
What are tariffs, how do they work and why is Trump using them?
Posted onGetty Images US President Donald Trump has introduced tariffs on goods reaching it from countries around the world. Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands, and has…
