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Trump’s steel and aluminium tariffs target a deeper issue – but risk job losses and higher prices

There are countless examples throughout history of countries defying economic logic in search of other goals. But it’s hard to see how tariffs won’t be significantly inflationary, at least in the short term. Economics and data editor @EdConwaySky [http://twitter.com/@EdConwaySky] Monday 10 February 2025 19:40, UK Please use Chrome browser for a more accessible video player…

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Energy bill savings promised as Drax subsidies cut

Both the government and wood-burning power provider are painting a new operational agreement as a success. with Drax pointing to benefits from not only lower bills but improved energy security. Business and economics reporter @SkyNewsBiz [http://twitter.com/@SkyNewsBiz] Monday 10 February 2025 09:59, UK The contribution to energy bills from a government deal with a biomass electricity…

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Budget tax hikes and financial gloom ‘acting as brakes’ on employment

Major recruitment consultants suggest vacancies for full-time roles are plunging and demand for temporary workers is also falling at a pace not seen for four years. Business and economics reporter @SkyNewsBiz [http://twitter.com/@SkyNewsBiz] Monday 10 February 2025 07:04, UK Companies are slowing investment until they see more momentum in the economy, according to a closely-watched report…

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Reeves calls in bank chiefs for growth talks

The chancellor has called in the bosses of lenders including Lloyds Banking Group, Nationwide NatWest for talks on Wednesday as she tries to jumpstart the economy, Sky News learns. City editor @MarkKleinmanSky [http://twitter.com/@MarkKleinmanSky] Sunday 9 February 2025 17:50, UK Rachel Reeves, the chancellor, has called in the bosses of Britain’s biggest high street lenders for…

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‘Ghost broking’: Reports of scammers selling fake car insurance rise by 30% over five years

Ghost brokers sell false policies to drivers, manipulate information given to genuine insurance companies, or take out insurance and cancel it straight away. This leaves people without valid car insurance, which is illegal. News correspondent @AlicePorterTV [http://twitter.com/@AlicePorterTV] Sunday 9 February 2025 02:19, UK Reports of “ghost broking”, scammers selling fake car insurance, have risen by…

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