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Call for probe into possible market abuse in Budget run-up
Posted onShadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…
Trump administration to invest $1.6bn for stake in rare earths firm
Posted onThe Trump administration will invest $1.6bn (£1.2bn) in a US critical minerals firm, marking officials’ latest push to reduce China’s dominance over the rare earths sector. The agreement with USA Rare Earth, which will give the government a stake in the firm, emerged days after US President Donald Trump claimed to have secured the “framework”…
Pfizer to offer cheaper US drugs via Trump’s website in new deal
Posted onThe Trump administration has announced a deal allowing patients to buy prescription drugs at discounted prices via a new website operated by the federal government. The agreement with pharmaceutical giant Pfizer will see prices for some medicines slashed by up to 85% on the direct-to-consumer TrumpRx site, the White House said in a press conference…
New school uniform rules wont cut costs, Colne mum says
Posted onMichaela founded the community uniform and children’s clothing bank at Colne Market four years ago. Families can visit, browse and take away items they need completely free of charge, without having to formally apply. “It was just going to be a temporary thing over the summer, and four years later we’re still at it,” she…
How South Korea’s K-beauty industry is being hit by Trump tariffs
Posted onOsmond Chia Business reporter, BBC News Getty Images Cars and smartphones may rank among South Korea’s biggest exports to the US, but few goods inspire a more devoted following than the Asian country’s beauty products. K-beauty – a term that covers a wide range of skincare, makeup and cosmetics from South Korea – is lauded…
