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Legoland Shanghai: China bets on Western theme parks to lift spending
Posted onOsmond Chia Business reporter, BBC News Getty Images Tourists flocked to China’s first Legoland theme park as it opened in Shanghai earlier this month, marking another step in the country’s efforts to establish itself as a global travel destination. It is the latest amusement park to be launched in China by a Western brand. Warner…
Two South East charities get £300k to support older residents
Posted onAlmost £300,000 has been awarded to two charities in the South East to support the work they do with older residents in financial hardship. The body Independent Age has given £149,997 to Citizens Advice Swale, in Kent, and a further £150,000 to Age UK East Sussex. The funding provided to the charities is designed to…
Trump announces new tariffs on trucks, drugs and kitchen cabinets
Posted onUS President Donald Trump announced a new wave of tariffs on Thursday, including a 100% levy on branded drugs that are manufactured outside the US. Washington will also impose a 25% tariffs on imports of all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets, he said on his Truth Social platform. “The reason…
Disney pulls channels from YouTube TV over fee dispute
Posted onSubscribers to YouTube TV have lost access to ESPN, ABC and other Disney channels, as the two companies struggle to negotiate a licensing deal. Disney said the online pay-TV platform, which is owned by the tech giant Google and available only in the US, had refused to pay fair rates for the content, which also…
Reeves acknowledges she is looking at tax and spending ahead of Budget
Posted onChancellor Rachel Reeves has acknowledged she is “looking at tax and spending”, ahead of her autumn Budget next month. Reeves said she would “always make sure the numbers add up”, in an interview with Sky news against a backdrop of slow economic growth and mounting government debt. The chancellor has previously hinted at tax rises,…
Rachel Reeves plans ‘targeted action’ on bills in Budget
Posted onFaisal IslamEconomics editor Watch: Government will be taking targeted action on cost of living, says Reeves Chancellor Rachel Reeves has said she is planning “targeted action to deal with cost of living challenges” in next month’s Budget. Speaking to the BBC, she said it was the job of both the government and the Bank of…
