Pound tumbles, stocks surge as Trump heads back to the White House
The pound fell sharply against the dollar, dropping 1.4% to $1.285—its lowest in two months—as traders adjusted to the news of Donald Trump’s projected return to the White House. Known for his “America First” policies, Trump’s victory sent the dollar soaring,
Wetherspoons warns of pint price rise as budget adds £60m in costs
Pub chain JD Wetherspoon has warned that pint prices may increase as the company faces a £60 million surge in costs following Chancellor Rachel Reeves’s Budget. Founder Sir Tim Martin highlighted that rising costs from National Insurance (NI) and national living
House control still in limbo as Trump wins presidency
The fight for the House majority is still too close to call. While Donald Trump has won the presidency, it may be days or weeks until he knows if he’ll have powerful allies atop the House, due in part to
Suppliers warn farming inheritance tax will jeopardise UK food security
Farming leaders and suppliers are warning that Chancellor Rachel Reeves’s inheritance tax on farming assets exceeding £1 million could undermine Britain’s food security, making the UK more dependent on foreign imports. Senior business figures, including Nigel Murray, managing director of Booths
Trump hails ‘magnificent victory’ as projected winner of 2024 US election
Donald Trump is set to return to the White House as America’s 47th president after securing a projected 266 electoral votes, narrowly edging out his Democratic opponent, Kamala Harris. Trump celebrated what he called a “magnificent victory,” calling it the start