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US tariff refund backlog leaves UK exporters in limbo as Washington scrambles to process billions in claims

15 April 2026 No Comments

Thousands of importers face an open-ended wait for US tariff refunds as CBP's new CAPE portal covers only 63% of claims. UK SMEs trading transatlantically could be owed a share…

Disney to axe 1,000 jobs as new chief D’Amaro moves to streamline empire

15 April 2026 No Comments

Disney's new CEO Josh D'Amaro is cutting around 1,000 jobs across its studio, television, ESPN and marketing divisions as the entertainment giant battles shrinking box office returns and streaming pressures.…

Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire

15 April 2026 No Comments

Norwegian-backed Blastr has entered exclusive five-week talks with the UK's official receiver to buy Speciality Steel UK, raising hopes of a rescue for Rotherham and Stocksbridge. Read more: Norwegian green-steel…

Reeves flies into Washington as IMF brands Britain the G7’s biggest loser

15 April 2026 No Comments

The IMF has slashed Britain's growth forecast by 0.5 points — the sharpest G7 downgrade — as Rachel Reeves arrives in Washington with inflation nearing 4%. Read more: Reeves flies…

AA ordered to refund 80,000 learner drivers in landmark ‘drip pricing’ ruling

15 April 2026 No Comments

The AA has been fined £4.2m and ordered to repay £760,000 to more than 80,000 learner drivers after the CMA ruled its driving schools breached consumer law by hiding a…

Barratt Redrow pulls back on land buying as Iran war rattles housing market

15 April 2026 No Comments

Britain's biggest housebuilder Barratt Redrow is cutting land purchases by up to £200m as the Iran conflict fuels mortgage rate fears, yet Q3 sales rose 6% and the order book…

Arrival secures £500,000 to untangle Britain’s broken utilities market for renters

15 April 2026 No Comments

UK fintech Arrival has raised £500,000 in a Fuel Ventures-led pre-seed round to cut tenant utility setup from half a day to under three minutes and tackle £470m in annual…

IMF raises Russia’s growth outlook

14 April 2026 No Comments

The IMF has raised Russia’s growth forecast on higher commodity prices amid the global economic fallout from the Middle East war Read Full Article at RT.com

Russia strikes key energy deal with Asian BRICS partner

14 April 2026 No Comments

Indonesia has agreed to buy crude oil and LPG from Russia as Middle East supplies remain uncertain Read Full Article at RT.com

Holidays abroad take a hit as cost of living fears and Iran conflict weigh on British consumers

14 April 2026 No Comments

UK travel spending has dropped for the first time since 2021 as households brace for higher energy bills and the fallout from the Iran conflict, Barclays data shows. Read more:…

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