News

Retail sales in the UK saw a modest 1.1% increase in February, driven by online non-food purchases and strong food spending, despite economic uncertainty impacting larger purchases. Consumer confidence remains cautious, with essential spending declining but travel and impulsive spending showing resilience.

A study by consultancy firm Barnett Waddingham reveals that disabled employees face high rates of burnout, health issues, and feelings of inadequacy, highlighting the need for employers to create more inclusive and supportive work environments. The research also warns that potential government policy changes could push more disabled people into workplaces that lack essential accommodations, further exacerbating these challenges.

The US's decision to impose tariffs on steel and aluminum has sparked international backlash, with several countries, including Britain, threatening retaliatory measures. While the EU has already implemented countermeasures, Britain is focusing on negotiations towards a UK-US economic agreement before taking any immediate action.

The Financial Conduct Authority (FCA) is planning an industry-wide redress scheme to automatically compensate millions of motorists who were mis-sold car finance, eliminating the need for individual claims. This initiative follows a year-long investigation into hidden commission arrangements within the industry, where banks allegedly incentivized dealerships to push higher interest rates on borrowers.

President Donald Trump's recent policy decisions have raised concerns about their potential impact on the U.S. economy, social security programs, and global alliances, according to Mary Trump, the President's niece and vocal critic. Mary Trump argues that these policies could lead to rising consumer prices, economic slowdown, and a weakening of U.S. standing in the global economy.