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US-China trade tensions back as port fees take effect
The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s two biggest economies increase. China says its levies aim to safeguard the country’s shipping industry from “discriminatory” measures and apply to US-owned, operated, built, or flagged vessels but not Chinese-built ships. It comes in…
MPs write to business secretary over JLR supply chain jobs
Richard PriceWest Midlands UK Parliament Antonia Bance is the Labour MP for Tipton and Wednesbury and a member of The Business and Trade Committee About 30,000 people are employed directly by JLR, with a further 200,000 working in the firm’s supply chain. Antonia Bance – Labour MP for Tipton and Wednesbury and also a member…
Daily Telegraph: RedBird Capital pulls out of deal to buy newspaper
US investment group RedBird Capital has pulled out of a deal to buy the Daily and Sunday Telegraph for £500m. RedBird had a previous attempt to buy the Telegraph rebuffed by politicians as it was majority-funded by Abu Dhabi’s IMI group – which is owned in turn by the Abu Dhabi royal family. A law…
Money and wellbeing roadshows for Northamptonshire residents
Residents are to be offered advice on coping with the challenges of winter through a series of money and wellbeing roadshows. Organised by West Northamptonshire Council, the events will bring together organisations to provide practical help, from home energy efficiency to debt advice – and mental health support. The events are part of the authority’s…
Lloyds strives to be UKs biggest fintech by selling more customer data
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Lloyds Banking Group will sell more customer data and automate governance checks in a bid to slash technology costs and reinvent itself as “the UK’s biggest fintech”. The high street lender, which has 28mn customers,…
Cheltenham mum hosts free toy swap to help budget for Christmas
Dawn Limbu,West of Englandand Nicky Price,Gloucestershire Tzara Spurrier Tzara Spurrier, pictured in the middle, is hosting a free toy swap for local families A mum of two from Gloucestershire is hosting a free toy swap to help families budget for Christmas. Tzara Spurrier and her sister Maria will host the event from 10:30 – 13:00…
