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Record heat drives online retail sales to five-year high in Great Britain

Great Britain’s online retail sales hit a five-year high in June as hot weather, World Cup spending and demand for summer goods lifted sales above forecasts.

3 min read

Scotch whisky levy lifted as Trump imposes new US tariffs

The Scottish government welcomed the lifting of US tariffs on Scotch whisky after Donald Trump agreed to remove them following King Charles and Queen Camilla's state visit in April.

3 min read

Asian stocks slide after Trump tariffs hit more than 80 countries

Asian stocks fell after Donald Trump announced new tariffs of 10% to 12.5% on more than 80 countries, while UK retail sales rose unexpectedly in June and oil prices eased slightly.

4 min read

UK too complacent about war threat, says BAE boss

BAE Systems chief Dr Charles Woodburn says the UK has been complacent about war threats, warns about autonomous weapons, and says far more defence spending will be needed.

10 min read

Why Hannah and Max split all bills 50/50, even on uneven incomes

Hannah and Max share one joint account and split all spending 50/50, even when one earned more. Their approach was tested by Max’s redundancy and his move to launch a pizza truck.

5 min read

UK mortgage rates climb to highest level in a month

UK average mortgage rates have returned to a month-ago level as Middle East tensions push up lenders’ funding costs and fuel expectations of fewer rate cuts.

4 min read

Edinburgh introduces 5% tourist tax as festival season begins

Edinburgh becomes the first Scottish city to introduce a 5% visitor levy on overnight stays, with funds expected to support housing, culture and policing.

8 min read

US imposes tariffs on 60 partners over forced labour claims

The US will impose new tariffs of 10% to 12.5% on imports from around 60 trading partners, including the UK, EU, Canada, Japan and India, starting Friday.

1 min read

Chalmers rules out gas tax as markets price in another rate hike

Jim Chalmers has ruled out a gas tax for now as stronger jobs data and higher oil prices push markets to price in another RBA rate hike.

5 min read

White House to announce next tariff steps as 10% duties near expiry

The White House says Jamieson Greer will announce the next stage of Donald Trump’s trade policy on Thursday as 10% global tariffs near expiry on Friday.

2 min read

EU fines Google €890m over self-preferencing app practices

Google has been fined €890m by the EU under the Digital Markets Act for allegedly favouring its own apps and services over rivals. The company has 60 days to comply or challenge the ruling.

4 min read

Oil prices hit $100 for first time since May

Oil prices climbed to $100 a barrel for the first time since May as Middle East tensions, Red Sea attacks and higher US strikes on Iran lifted supply fears.

1 min read