Author: News Desk

The front page of the business newspaper The Financial Times this morning, April 16 2025, reports on the fallout from the US tariffs. The lead story reports that Wall Street banks reap $37 billion after traders ‘cash in’ on the volatility caused by the tariff chaos. Wall Street banks reap $37bn after traders cash in on Trump volatility Wall Street’s biggest banks reaped almost $37bn in trading revenues in the first quarter of the year — their best performance in more than a decade — as Donald Trump’s administration unleashed a barrage of market-moving announcements. The combined performance by JPMorgan…

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Cliff Notes – All the heartbreaking details of Gene Hackman and Betsy Arakawa’s death after couple’s funeral Gene Hackman, aged 95, died from heart disease and advanced Alzheimer’s, while his wife Betsy Arakawa, 65, is believed to have succumbed to hantavirus pulmonary syndrome, with both passing in their New Mexico home. A private funeral was held in Santa Fe, attended by family, including Hackman’s three children, with no further details disclosed about the ceremony. Investigations revealed that the couple’s property had a significant rodent problem, which likely contributed to Arakawa’s illness, while their dog died of starvation and dehydration. All…

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Vice President JD Vance’s comments that a UK-US trade deal is on the table and both countries are working hard to secure a deal makes several newspaper headlines, as does the latest from the US tariffs amid claims that new tariffs (on pharmaceuticals and big tech) are to come into effect ‘soon.’

The business newspapers are focused on the tariffs and the effects on businesses and the stock markets.

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A handful of newspapers lead with the Birmingham bin strikes a day after union members rejected a pay deal that they deemed ‘wholly inadequate.’ The headlines report there are fears the strikes could spread across the country as union members are fighting to prevent pay cuts and job losses.

Several headlines report on life in Birmingham six weeks into the strikes. There are reports of foul stenches and giant rats running around the city. There is wider concern of a potential health crisis sweeping the city as food rots in the streets and the rats could spread disease.

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Cliff Notes – Flick has to remind dejected Barcelona we’re in UCL semis Barcelona coach Hansi Flick reassured his players of their achievement in reaching the Champions League semifinals despite a 3-1 loss to Borussia Dortmund, which ended their unbeaten streak. Serhou Guirassy’s hat trick for Dortmund was not enough to overturn Barcelona’s 5-3 aggregate lead, marking the Catalans’ first semifinal appearance since 2019. Flick has to remind dejected Barcelona: We’re in UCL semis Sam MarsdenMoises LlorensApr 16, 2025, 12:22 AMDORTMUND, Germany — Barcelona coach Hansi Flick said he had to remind his disappointed players they had reached the Champions…

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It’s another wet and windy start in the capital, with grey skies hanging over the city and suits marching off to work. I’m sure most are looking ahead to the long weekend. But until then, there’s still a lot happening across the country and around the world that you need to know!

The headlines are packed with various domestic and international stories, with no one story really dominating that much – although we expect that’ll change later today when the US stock markets open.

For now, the Birmingham bin strikes, a potential UK-US deal and a splash of budget talks and celebrity gossip lead the headlines.

The sports headlines look at how agonisingly close Aston Villa came to overturning their second-leg goal deficit. Other headlines look ahead to tonight’s Real Madrid vs Arsenal second leg – the North London club go into the clash ahead thanks to a 3-0 win in the first leg.

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