The government has scrapped a plan to require workers to sign up to a new digital ID system to prove their right to work in the UK. Instead, Labour ministers say existing checks will go completely online by 2029, using documents such as biometric passports. The reversal is the latest in a series of U-turns…
A hostile takeover bid for media giant Warner Bros. Discovery (WBD) has intensified and entertainment conglomerate Paramount has taken legal action to force the release of financial data. Paramount Skydance, which owns film production company Paramount Pictures and TV network CBS, has filed a legal suit seeking to force WBD to tell shareholders how much…
At first glance, the announcement of 25% tariffs against any country that trades with Iran seems tantamount to Donald Trump escalating a global trade war. But China, India’s largest trading partner, has kept its response quite brief and quite mild. “There is no winner in the tariff war,” said Foreign Ministry spokesman Mao Ning, adding that…
The investment industry has stepped up warnings to the government over plans to limit cash ISAs, arguing they risk reducing the willingness of British investors to back listed companies. Sky News has learnt that a meeting on Tuesday involving officials from the Treasury and HM Revenue and Customs, as well as major industry players, including…
IREF noted that the US already imposes a 50% duty on Indian rice shipments. (AI image) Recent export data shows that India sent basmati rice worth $468.10 million, which is 5.99 lakh metric tonnes, to Iran during April to November of 2025-26. According to the Indian Rice Exporters Federation (IREF), Rising tensions in Iran and…
Financial markets have been spooked by the resumption of a dispute between its chairman and the Trump administration over the independence of the US central bank. It emerged overnight that the White House was threatening to indict Jerome Powell over comments he made in Congress regarding rising renovation costs at the Federal Reserve buildings in…
getty images As the new year got underway, so did the UK’s major stock indexes. The FTSE 100 climbed above 10,000 points for the first time since its inception in 1984, delighting investors – and the Chancellor, who wants more of us to move money out of cash savings and into investments. The index tracks…
