Financial news

• Vehicle damage claims in Wales fall 20% since speed limit cut to 20mph, says insurer

  09-06-2024 22:00
  
  Campaigners say lower speeds reduce casualties but scheme has since been amended to give people more choice to rescind limitsVehicle damage claims in Wales have fallen by 20% at one leading car insurer since the nationwide 20mph speed limit was introduced there last September.Wales was one of the first countries in the world, and the first nation in the UK, to introduce legislation for a default 20mph speed limit in built-up areas last year. Continue reading...
  
  Read more

• Stop Shein listing on the FTSE, workers’ rights campaigners urge

  09-06-2024 18:13
  
  Groups issue call to next government amid criticism of online fashion retailer’s labour practices and accusations of copyingWorkers rights campaigners have called for the UK’s next government to oppose the online fashion business Shein joining the FTSE, arguing that a London listing would be “yet another betrayal to working people everywhere and the planet”.Alena Ivanova, campaigns lead at Labour Behind the Label, said it had heard the news of senior British politicians c
  
  Read more

• EU expected to impose import tariffs on Chinese electric vehicles

  09-06-2024 17:00
  
  Experts believe Beijing will retaliate with measures that could hit European exports from cheese to cognacThe EU is expected to notify China that it will impose tariffs on electric vehicle imports this week, firing the starting gun on a potential summer trade war with Beijing.A formal pre-disclosure of tariffs could happen as early as Wednesday, after a lengthy investigation into China’s state subsidies for its car manufacturing, which is predicted to conclude that massive support continue
  
  Read more

• Small firms demand cuts to taxes and employment costs to deliver growth and jobs

  09-06-2024 16:59 via express.co.uk
  
  The Federation of Small Business has warned that political leaders will have to provide reassurances if they are to win the votes of millions of its members.
  
  Read more

• Advertisement

• Beer and new TVs: Euro 2024 ‘to fuel £2.75bn spree for UK shops and pubs’

  09-06-2024 14:01
  
  First men’s summer tournament since pandemic plus favourable European kick-off times will boost long-struggling UK pubs and barsWant to book a pub table for Euro 2024? It may be too lateFootball fans are predicted to spend £2.75bn on items including beer, pizzas and new TVs during the men’s Euro 2024 tournament, which kicks off this week, providing a much-needed boost to retailers, pubs and bars.In the pubs sector alone, the British Beer & Pubs Association is expecting an e
  
  Read more

• Is the US economy doing well? It depends if you ask a Democrat or a Republican

  09-06-2024 14:00
  
  Data shows that when Americans’ preferred party is in the White House, they’re more likely to boast of a booming economy – even if it’s untrueWhen he delivered his State of the Union address in March, Joe Biden framed the state of the American economy as a true success story, pointing to the historically low unemployment rate and falling inflation as signs of the country’s robust recovery from the early days of the coronavirus pandemic.“I inherited an economy
  
  Read more

• Centre forward: Sunderland sets sights on a revival by bringing homes and jobs to its inner city

  09-06-2024 12:00
  
  In the 1980s Thatcher helped attract the likes of Nissan to the region, but it could not revitalise the city itself. Now a new industrial strategy, backed by the local council, is aiming for more sustainable resultsWhen Richard Marsden looks across the Wear gorge to the centre of Sunderland, he has never seen so many cranes. His design and build firm, BDN, is rushing to renovate an old stable block in the shadow of the city’s football stadium.“Now there’s a bit of a resurgence,
  
  Read more

• After Rishi Sunak’s D-day disaster Labour need not worry about Tory tax claims | Larry Elliott

  09-06-2024 11:47
  
  ‘Tax bombshell’ claims undid Labour in 1992 but the Conservatives’ ‘catalogue of chaos’ and the PM’s actions mean fears are misplacedMinister defends ‘deeply patriotic’ PM after D-day decisionAny lingering doubts about the result of next month’s election have been dispelled by Rishi Sunak’s inexplicable decision to leave last week’s D-day commemorations early. Only the scale of the Tory defeat remains in question.Last week was sup
  
  Read more

• Advertisement

Follow @financialnwsUK on Twitter!