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Business
“Staring down the barrel at higher costs”: UK businesses grapple with uncertain futures as US tariffs threaten profit margins and market stability.
The European Union’s proposal for the EU-INC aims to create a single company structure to enhance cross-border growth for startups, addressing fragmentation in company laws. The initiative has gained support from over 23,000 in the tech startup community.
Original Factory Shop faces potential closure of all 137 stores, raising concerns about job losses and the future of discount retail in the UK.
CITY AM says fears over the health of the City’s stock market have been laid bare after trading platform IG became the latest firm to sound the alarm over the “crisis unfolding” on the London bourse.
The FT leads with an image of the Nato leaders in The Hague. The leaders have pledged to meet Trump’s demand for more spending on defence.
In May, Chinese exports to the UK surged by 16.1% compared with the previous year, marking the highest monthly level since February 2022.
Oil prices surged to their highest in five months, Brent crude briefly topped $81 a barrel, after the US joined Israel in striking key Iranian nuclear facilities at Fordow, Natanz, and Isfahan.
FIRMS WARN ON JOB CUTS AS TAXES BITE City AM says high wage growth persisted…
The FT reports on Israeli Prime Minister Benjamin Netanyahu’s claim that Israel has gained control over Tehran’s airspace.
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