Trumps new global tariff comes into effect at 10%

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The UK has become BYD’s biggest market outside of China after sales increased nearly 10-fold in September, despite the world’s largest electric-vehicle manufacturer being excluded from the government’s new subsidy scheme. BYD said on Monday…

Aviation safety campaigners in the United States say they have evidence a plane that crashed in India last year had previously suffered a series of technical failures, including an in-flight fire. The Boeing 787 Dreamliner crashed on 12 June, shortly after taking off from Ahmedabad en route to London, killing 260 people. The Foundation for…

Charlotte EdwardsBusiness reporter, BBC News Getty Images Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs, after the firm running them fell into administration. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. However, Pizza Hut’s…

The owner of a small pub chain in the south east of England has said his costs will rise by £62,000 per year after changes announced in the Budget. Phil Thorley, who runs the Thorley Taverns pub group, said business rates – a tax on commercial properties – will rise for 17 of his 18…