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Data centre in Newport that overlooks gardens concerns neighbours
Posted onThe campaigners are also concerned about the potential impact on the environment. “The data centre planned would be an environmental nightmare both for the wildlife and the local residents,” said Lizzie Bailey, who lives locally. “This will be a temporary disruption with the construction but then a permanent disruption because of the diesel generators, the…
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…
Trump wants Venezuelas oil. Will his plan work?
Posted onArchie Mitchell,Business reporterand Natalie Sherman,Business reporter Reuters Donald Trump has vowed to tap into Venezuela’s oil reserves after seizing President Nicolás Maduro and saying the US will “run” the country until a ‘safe’ transition. The US president wants American oil firms to pile billions of dollars into the South American country, which has the largest…
US imposes tariffs on dozens of trade partners over forced labour imports
Posted onThe US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on…
How the new road safety measures will affect you
Posted onEmer MoreauBusiness reporter Getty Images Learner drivers could have to wait six months before booking a practical test The UK government has launched the first major road safety strategy in over a decade, aimed at lowering the number of people who are killed or seriously injured on the roads. The changes only apply to England…
