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Business News

Gold fever makes a comeback as buyers and bankers recoil from uncertainty

silverguide.site – Covid, Ukraine and Trump’s trade wars spur demand for precious metal: ‘It’s the only thing you can trust, right?’…
Gold fever makes a comeback as buyers and bankers recoil from uncertainty

Nissan to shut seven factories, cutting 20,000 jobs worldwide

silverguide.site – Carmaker slumps to £3.4bn loss after talks over Honda merger collapse and US and China sales fall…
Nissan to shut seven factories, cutting 20,000 jobs worldwide

Drug price cuts: what is Trump planning and what will it mean for big pharma?

silverguide.site – President has directed Robert Kennedy to send price targets to industry, with slimming drugs thought to be included…
Drug price cuts: what is Trump planning and what will it mean for big pharma?

Reeves’s tax rises on employers start to bite as unemployment jumps

silverguide.site – Effects of chancellor’s measures evident as companies reduce hiring and push down on wage growth…
Reeves’s tax rises on employers start to bite as unemployment jumps

UK unemployment rises to highest in nearly four years

silverguide.site – ONS figures also reveal slide in job vacancies amid rise in employer national insurance contributions…
UK unemployment rises to highest in nearly four years

Warm weather and Easter weekend boosted UK spending in April, says Barclays

silverguide.site – Consumers shrugged off anxiety over effect of US tariffs as card spending grew by 4.5% year on year…
Warm weather and Easter weekend boosted UK spending in April, says Barclays

Pension funds ‘to unlock up to £50bn’ of investment, with half for UK firms

silverguide.site – Aviva, Legal & General, M&G and others agree to sign new ‘Mansion House accord’ with government…
Pension funds ‘to unlock up to £50bn’ of investment, with half for UK firms

Reeves’s Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley

silverguide.site – There are so many conditions attached to the ‘pledge’ to invest in the UK that its claims should be taken with a large helping of salt…
Reeves’s Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley

Cobalt firm taps in to electric car boom with £174m London stock market float

silverguide.site – Cobalt Holdings aims to buy up supply of the metal from Glencore as slowing EV growth has pushed down prices…
Cobalt firm taps in to electric car boom with £174m London stock market float

Wall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened

silverguide.site – Donald Trump has “blinked”, says analyst, at Washington and Beijing cut reciprocal tariffs by 115 percentage points, for 90 days at least…
Wall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened

Trump claims ‘total reset’ of US-China ties as 90-day pause to trade war agreed

silverguide.site – Markets rally after Washington and Beijing agree to drastically cut reciprocal tariffs as US treasury secretary says ‘neither side wants a decoupling’…
Trump claims ‘total reset’ of US-China ties as 90-day pause to trade war agreed

Americans putting life on hold amid economic anxiety under Trump, poll shows

silverguide.site – Harris poll for Guardian finds people reconsidering major life events such as having children or buying a home…
Americans putting life on hold amid economic anxiety under Trump, poll shows

Pharmaceutical stocks slide as Trump vows to cut US prescription drug prices ‘by 30-80%’

silverguide.site – President plans to use executive powers, saying US should pay ‘same price as nation that pays the lowest price’…
Pharmaceutical stocks slide as Trump vows to cut US prescription drug prices ‘by 30-80%’

MPs should not accept any murky answers from Thames Water chair on potential sale | Nils Pratley

silverguide.site – Sir Adrian Montague’s appearance on Tuesday offers perhaps the last chance to scrutinise utility’s dealings…
MPs should not accept any murky answers from Thames Water chair on potential sale | Nils Pratley

UK food shops report ‘massive’ rise in pensioner shoplifting

silverguide.site – Kingdom Services boss says retailers seeing ‘different sort of shoplifter’ with more theft by people ‘who just can’t afford food’…
UK food shops report ‘massive’ rise in pensioner shoplifting

Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

silverguide.site – Surveys show employer confidence at record low, prompting job cuts and hiring freeze…
Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Yes, AI will eventually replace some workers. But that day is still a long way off

silverguide.site – Some business owners think AI is ready to perform work tasks, but it’s not yet reliable enough to make the switch…
Yes, AI will eventually replace some workers. But that day is still a long way off

UK interest rate cut may not be enough to improve voters’ dim view of the government | Heather Stewart

silverguide.site – Bank’s move appears to go against the theory that rate cuts will lead to rising inflation and higher wage demands…
UK interest rate cut may not be enough to improve voters’ dim view of the government | Heather Stewart

‘It’s an illogical job’: Why driving a train isn’t as cushy as it might seem

silverguide.site – The rulebook is hefty, the hours are awful and the hurdles to becoming a train driver huge. But 18-year-olds can now apply…
‘It’s an illogical job’: Why driving a train isn’t as cushy as it might seem

Labor wants to boost productivity. Does this mean Australians need to work even harder?

silverguide.site – Productivity is down and it’s hurting the economy and your salary. Here’s how treasurer Jim Chalmers plans to try and fix that…
Labor wants to boost productivity. Does this mean Australians need to work even harder?
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