News

Liverpool City Region Mayor Steve Rotheram and Greater Manchester Mayor Andy Burnham propose a "Northern Arc" spanning from the River Mersey to the Pennines, aiming to replicate the success of the Oxford-Cambridge Arc and drive economic growth in the North West. This ambitious plan includes a new Liverpool-Manchester railway, projected to generate significant economic benefits and create thousands of jobs.

UK farmers face stagnant incomes despite increased productivity, with sharp falls in farm produce prices and limited bargaining power cited as key drivers. The Food, Farming and Countryside Commission recommends adopting core standards in trade deals and establishing a new food market regulator to address these challenges.

Liverpool-based Delta Taxis and Cardiff-based Veezu seek to raise £500,000 through crowdfunding to support their legal battle against Uber regarding VAT charges on private-hire fares outside London. The Supreme Court's decision in July could significantly impact smaller operators and increase fare prices by at least 20 percent.

Former US President Donald Trump has ignited a potential trade war with the European Union by threatening to impose a 200% tariff on European wine, champagne, and other alcoholic beverages. This aggressive response comes in retaliation to the EU's planned 50% surcharge on American whiskey exports, implemented in response to the US's recent tariffs on steel and aluminum.

Rubrik Inc. (RBRK) exceeded analyst expectations in its fourth-quarter earnings report, with a loss of 61 cents per share and revenue of $258.1 million. The company's strong performance was driven by a 39% year-over-year increase in Subscription Annual Recurring Revenue (ARR) and a 54% increase in subscription revenue.