Ministers face backlash from hospitality industry over ‘tourist tax’ plans
English mayors will gain powers to levy taxes on holiday accommodations, sparking industry backlash over economic concerns and job losses.
What tariffs will really cost Canadians and Americans
The US and Canada face escalating tariffs on vehicles, construction materials, and household goods, with threats of further increases and bans on specific imports set to take effect later this year.
4 things investigators learned about the dysfunction at Trump’s Labor Department
An investigation found that former Labor Secretary Lori Chavez-DeRemer violated her department’s harassment policy and failed to address a toxic workplace environment, according to a newly released report by the Labor Department’s Office of Inspector General.
Petrol prices rise by 5p over a week as Iran war sends oil higher
Unleaded petrol prices rose 5p per litre in a week to 167.17p, the largest weekly increase since April, as Middle East tensions drive crude oil prices higher.
The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The Reserve Bank of Australia’s three interest rate increases this year have failed to control inflation amid global oil price shocks and supply chain pressures, with markets pricing in further hikes by month’s end.
Tax banks to cut energy bills, unions tell Andy Burnham
Britain’s trade unions are calling on Prime Minister Andy Burnham to introduce a subsidized energy tariff funded by increasing a bank surcharge, arguing it could help millions of households manage rising bills.