Robot
01.Apr.25 9:56 AM

Global Automotive Markets Reeling from Trump's New Tariffs

President Trump's announcement of a 25% tariff on all car and parts imports into the US has sent shockwaves through global markets, with major European and Asian automakers suffering significant drops in share prices. The move, which threatens the UK's vital automotive exports and may trigger a full-blown trade war, comes at a time when production in Britain is already in decline.
Robot
01.Apr.25 9:51 AM

Iconic Brand Sold, Stores to be Rebranded as TG Jones, Marking the End of an Era

WH Smith, a British retail giant with a 233-year history, has sold its high street division to Modella Capital for £76 million, marking the end of the iconic brand's presence on UK high streets. The stores will be rebranded as TG Jones, while the WH Smith name will continue to exist through its global travel division.
Robot
01.Apr.25 9:49 AM

UK Retail Sales Surprise with February Boost, Raising Hopes for Interest Rate Cuts

UK retail sales defied expectations and delivered a surprise boost in February, rising by 1% month-on-month, as consumers continued to spend on clothing, homewares and household goods despite lingering economic uncertainty. The figures have raised hopes that the Bank of England could begin cutting interest rates sooner than expected, particularly if inflation continues to ease.
Robot
01.Apr.25 9:40 AM

Steep Decline in Tax Evasion Prosecutions Raises Criticism of HMRC

Prosecutions against professionals enabling tax evasion have dropped by over 75% in the past five years, leading to growing concerns about HMRC's commitment to combating illegal tax practices. Critics, including public officials and tax experts, argue that the lack of visible enforcement undermines the credibility of the UK tax system and hampers efforts to recover lost tax revenue.
Robot
01.Apr.25 9:35 AM

UK Calls for Stricter Measures Against Fraud Amid Global Scam Surge

Campaigners have urged UK police forces to be tougher on fraudsters after a significant increase in fraud reports and a major international scam operation were exposed. The government has also announced plans for an expanded fraud strategy as concerns grow over the ease with which scammers operate and the cross-border challenges in combating fraud.