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Households face dismal rise in spending power, says IFS
Pritti Mistry,Business reporterand Archie Mitchell Getty Images Households are facing a “truly dismal” increase in living standards after the Budget, the head of an influential think tank has warned as it accused Labour of breaching its manifesto promise. Average disposable income – a measure of people’s earnings after tax – will rise by just 0.5%…
Which countries do business with Iran and what could new US tariffs mean?
Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
Barrecore and Boom Cycle owner suddenly shuts studios
The fitness company behind high-end exercise classes Barrecore, Boom Cycle, and Kobox has suddenly shut all its studios. Common Bond emailed customers announcing its locations, all of which are currently in London, were closed “until further notice”. The firm describes itself as a wellness collective and charges £2,400 for 12 months of unlimited classes. It…
