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Trump plan to cap credit card costs hits bank shares
Shares 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…
Sapporo to move some production to US after 50% tariff
Japanese brewer Sapporo says it will move some beer production from Canada to the US after new tariffs on Canadian beer took effect on Tuesday. The move follows the introduction of a 50% tariff on beer imported from Canada. For companies shipping beer across the border, that means significantly higher costs. Chief strategy officer Rieko…
Driving test cheating soars with use of headsets and impersonators
Katy Austin,Transport correspondentand Simon Browning, Transport reporter Getty Images Cheating cases during practical and theory driving tests rose by nearly 50 per cent last year in England, Scotland and Wales, new figures show. The cheating methods varied, according to freedom of information data from the Driving and Vehicle Standards Agency (DVSA), with more than 1,100…
FTSE 100 index hits 10,000 milestone in new year rally
The FTSE 100 index has climbed above 10,000 points for the first time, passing a significant stock market milestone, on the first trading day of the year. Shares included in the index performed strongly in 2025, leaving the benchmark more than 21% higher than a year ago, when it stood at just over 8,260. Rising…
