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UK Cuts Tariff-Free Steel Imports by Half to Tackle Cheap Chinese Metal Surge

The UK will halve tariff-free steel imports from 1 July to combat cheap Chinese steel flooding the market, doubling tariffs on excess imports to 50%. The move aims to protect the domestic steel industry amid global overcapacity concerns.

3 min read

A worker in a blue hard hat and uniform inspects metal components in an industrial workshop

Elizabeth Warren Warns Trump-Era Mergers Could Be Reversed by Future Administrations

Senator Elizabeth Warren warns that mergers approved under Trump, including a major media deal involving the Ellison family, could be reversed by future administrations amid concerns over media bias and monopoly power.

4 min read

Which University Degrees Yield the Highest Lifetime Earnings?

New research reveals how university degree choices impact lifetime earnings, with medicine and economics offering high returns, while some subjects yield little financial benefit. The government plans to limit courses with poor returns and consult on English language requirements.

4 min read

The back of a group of students' heads. They are wearing black graduation caps and gowns with a dark blue and yellow trimmed robe.

Oil Prices Drop Below Pre-Iran War Levels as UK Firms Look to Burnham for Relief

Oil prices have fallen below pre-Iran war levels amid peace talks, while UK firms look to Andy Burnham to ease business burdens and boost growth.

8 min read

An oil tanker from Iran anchored off Port Sultan Qaboos in Muscat, Oman.

Oil Prices Drop to Pre-Iran War Levels as Strait of Hormuz Traffic Resumes

Oil prices have fallen to pre-Iran war levels as traffic through the Strait of Hormuz resumes following US-Iran peace talks and partial lifting of sanctions.

3 min read

A man in a red hoodie refuels his car while keeping an eye on the price display.

Businesses Applaud VAT Cut on Attraction Tickets for Summer Holidays

Government VAT cuts will reduce ticket prices at UK attractions this summer, helping families afford visits. Birdworld's manager welcomes the initiative and calls for further tax relief.

2 min read

Two parrots stood next to each other. They are both red and blue.

Recruitment Expert Shares 30 Years of Advice on Landing a Job Today

James Reed, founder of Reed recruitment, shares 30 years of insights on navigating today's tough job market, including tips on AI screening, gaining experience, CV writing, key skills, interview prep, and views on university education.

4 min read

James Reed, chairman of Reed Executive Ltd., during a Bloomberg Television interview in London, UK in 2023. He is wearing a black suit jacket, a light coloured shirt with a grey and beige patterned tie.

Elon Musk Drops Below Trillionaire Status Amid Tech Stock Sell-Off

Elon Musk lost his trillionaire status amid a tech stock sell-off that hit SpaceX and Tesla shares, dropping his net worth below $1 trillion but remaining the richest globally.

3 min read

Elon Musk in a black shirt with a silver owl and a black blazer speaking during the Cannes Lions International Festival in Cannes, France.

Baroness Mone and Husband Sued Over PPE Medpro's Government Debt

Baroness Michelle Mone and husband Douglas Barrowman face lawsuits to recover millions owed by PPE Medpro, their collapsed company, after a court ruled it breached a government contract during the pandemic.

3 min read

A woman with long blonde hair is dressed in a fur trimmed red and gold gown and her middle aged husband is in a grey three-piece suit. They are standing inside a regal looking room with red and gold carpets

Elon Musk’s Trillionaire Status Threatened as SpaceX Shares Plunge Amid Market Volatility

Elon Musk’s wealth falls below $1.1tn after SpaceX shares drop 16%. Segro rejects £12.6bn takeover bid amid real estate rally. Oil prices hit lowest since Iran conflict began. German and French economies show signs of recovery.

8 min read

A billboard of SpaceX pictured on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City

Trump Orders DOJ Probe into Alleged Petrol Price Gouging by Oil Firms

President Trump has ordered the DOJ to investigate major energy firms for allegedly not lowering petrol prices in line with falling crude oil costs amid Middle East tensions.

2 min read

President Donald Trump speaking on stage during a press conference at the G7 Leaders' Summit

Australia Politics Update: KPMG Ethics Review and Inflation Drops to 4%

The Albanese government launches an ethics review of KPMG amid whistleblower issues; inflation eases to 4% in May. Political leaders debate multiculturalism, AI copyright, shark safety, workplace laws, housing market corrections, and NDIS reforms.

13 min read