Trending Business News
How Taylor Farms became integral to America’s food supply system
A cyclospora outbreak affecting thousands has brought scrutiny to Taylor Farms, one of the world’s largest fresh-cut vegetable suppliers that controls 40% of grocery store salad kits and serves major chains nationwide.
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
Global bond markets are experiencing significant instability as interest rates rise amid concerns over US fiscal health, geopolitical tensions, and potential inflation. The disruption is affecting borrowing costs for governments and millions of borrowers worldwide.
Food price cap plans giving farmer ‘sleepless nights’
Scottish farmers express concern that proposed food price caps will ultimately burden producers rather than supermarkets, despite government assurances that retailers will absorb costs.
US-Canada tariffs: Canada braces for prolonged trade war as counter-tariffs on US take effect
Canada’s retaliatory tariffs on approximately C$28 billion of US goods took effect Tuesday, with tariff rates reaching as high as 50% amid stalled negotiations between the two nations.
UK government invests £30m in Shetland spaceport
The UK government has announced £30m in funding for SaxaVord Spaceport in Shetland, which is expected to unlock additional private investment for the facility’s expansion and operations.
Somerset cider makers left with very few apples after heatwaves
Somerset’s cider orchards have suffered severely from prolonged drought conditions, with many producers reporting crops reduced to a fraction of normal yields, forcing difficult decisions about future production.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing deals with nine pharmaceutical companies, bringing the total to 26 firms representing approximately 90% of the domestic pharmaceutical market.
Households warned gas price spike could pile fresh pressure on energy bills
UK households face warnings of higher winter energy bills as European countries rush to replenish natural gas stores amid geopolitical tensions affecting global supply routes.
Is India’s internet boom running into an undersea problem?
India’s digital economy depends heavily on undersea cables concentrated in one coastal area, creating vulnerability risks and exposing gaps in the country’s submarine infrastructure.
Almost half of households do not see benefits of economic growth, report says
Nearly half of British households live in areas where economic growth fails to improve living standards, with significant regional disparities between wealthy southern regions and struggling northern areas, according to a new PwC report.
Jackdaw gas field set to be approved as soon as mid-September, sources say
The UK government is expected to approve the controversial Jackdaw gas field off Aberdeen in mid-September, according to government and industry sources, after a Scottish court ruling required additional climate assessments.
Is India’s internet boom running into an undersea problem?
India’s digital economy faces critical infrastructure vulnerabilities, with 95% of its international bandwidth concentrated on a six-kilometer stretch of Mumbai coast, exposing the country to potential cable disruptions.
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Argentina’s president threatens economic sanctions against oil companies exploring near the Falkland Islands, reigniting a sovereignty dispute with the UK that dates back over 40 years.
UK has not done enough to prepare for shocks to food supplies, says watchdog
The UK’s food supply system remains insufficiently prepared for potential disruptions from climate change, disease, and cyber-attacks, according to the National Audit Office watchdog.
Experts weigh in on how to tackle illicit tobacco – and why an 80% excise cut is not on their list
Health experts are questioning a proposed 80% tobacco excise cut, arguing stronger enforcement and existing law implementation should be the primary focus for reducing illicit tobacco markets.
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers in the UK and US face sharply higher fuel costs due to escalating Middle East tensions, Russian export restrictions, and reduced refining capacity, with diesel prices rising 10-14p per litre in days.
US diesel prices hit an all-time-high
US diesel prices reached an all-time high of $5.85 per gallon amid ongoing regional conflict, prompting the government to pursue new oil agreements to address fuel costs.
Firmus Energy: Customers face price increase in October
Firmus Energy announced price increases of 8.98% for Ten Towns customers and 12.5% for Greater Belfast, effective in October, citing elevated global gas market costs.
Why are bond yields rising and how does it affect me?
UK government borrowing costs have risen to their highest levels in years as investors worldwide worry about inflation and debt sustainability, affecting mortgage rates and public finances.
Why the UK is dithering over what to do about e-scooters
Six years into government trials, the UK remains undecided on legalizing e-scooters, leaving a regulatory gap as privately owned devices proliferate illegally across the country.
Somerset cider makers left with very few apples after heatwaves
Somerset’s cider orchards have suffered severe apple shortages due to prolonged summer drought, with many producers reporting crop losses of up to 90% and trees dropping fruit before ripening.
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