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US tariffs on coffee and bananas to ease under new trade deals
Danielle KayeBusiness reporter Bloomberg via Getty Images A customer shops at a Costco store in Teterboro, New Jersey, US. The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas. The Trump administration on Thursday said import taxes on…
Jersey upfront childcare payments simplifies the system
BBC Deputy Rob Ward said the new childcare payments system provided “flexibility” for parents Jersey’s education minister has defended a new scheme that allows parents to claim back childcare costs for toddlers. From next month any parent regardless of income or working requirements will be able to apply to claim up to £6,270 per school…
UK growth forecast upgraded by IMF but risks remain
“Today’s policymaking is constrained by a more volatile external environment with more frequent and overlapping shocks, a rising public interest bill, in part reflecting market concerns with countries’ elevated debt, and the long-standing challenge of weak productivity growth,” he said.
Heathrows plan for longer third runway chosen by government
Heathrow Airport’s plan for a third runway, which involves moving the M25 motorway, has been chosen by the government. Two plans had been under consideration – one from the airport itself, and another from Arora Group, led by hotel tycoon Surinder Arora. Heathrow had proposed a new runway which would be up to 3.5km (2.2…
Thames Water rescue plan attacked by excluded bidders
Simon JackBusiness editor Reuters A rescue proposal by lenders to Thames Water has been criticised by other potential bidders, frustrated to have been frozen out of talks on the future of the UK’s biggest water utility. Thames Water is running out of money and is living on an emergency lifeline from the group of lenders…
