General Motors profits tumble by a third as Trump tariffs deliver $1.1bn blow
General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning of deeper losses in the..
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AstraZeneca to invest $50bn in US amid pressure from Trump administration
AstraZeneca plans a $50bn investment in US manufacturing and R&D by 2030, responding to Trump’s tariff threats and signalling a strategic pivot..
Read MoreAndrew Bailey warns Rachel Reeves that City deregulation could reignite financial crisis
Andrew Bailey, the governor of the Bank of England, has warned Chancellor Rachel Reeves that her government’s plans to roll back banking regulations..
Read MoreBritish Business Bank returns to profit with £144m gain and expanded investment role
The British Business Bank posts a £144m profit after two years of losses, as its portfolio grows 19% and it prepares for an expanded role backed by..
Read MoreAngela Rayner backs mayoral calls for hotel ‘tourist tax’ despite hospitality sector concerns
Angela Rayner has thrown her weight behind calls from regional mayors for the introduction of a local ‘tourist tax’ on hotel staysRead more: Angela..
Read MoreLondon Stock Exchange considers 24-hour trading to boost global competitiveness
The London Stock Exchange is exploring 24-hour or extended trading to attract global investors and rival US markets, amid concerns over UK market..
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