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How South Korea's K-beauty industry is being hit by Trump tariffs

Buyers and sellers of South Korean beauty products are stocking up as the 15% US tariff rolls out.

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- Salget har eksplodert

Salget har økt med 700 prosent. Men det finnes et mer prisgunstig alternativ til en av sommerens store slagere.

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Økt salg av alkoholfritt: – Det smaker ikke som vann lenger

Vinmonopolet tror at høy temperatur har påvirket kundenes handlemønster denne sommeren. Salget av alkoholfritt har økt med hele 24 prosent.

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Good, mad and ugly: the US economy’s performance under Trump – in charts

Despite president’s claims of an economic boom, picture is chaotic – healthy GDP growth but weak jobs figures According to Donald Trump’s White House, the US economy is booming, inflation is dead and jobs are surging. A blizzard of economic reports has cast a pall on such claims in recent days. This week’s data on Trump’s early economic record was mixed – good, mad and ugly – with jobs numbers so weak he reached for the catchphrase he once used to build himself into a reality TV star: you’re fired. Continue reading...

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UK food inflation: why your barbecue meat is becoming more expensive

Burger, sausage and chicken prices soar, while cost of cheese slices, brioche buns and soft drinks also rises The weather is not the only thing putting a dampener on impromptu barbecues as consumers balk at the soaring cost of burgers, sausages and chicken to put on the grill. At nearly £4, a four-pack of supermarket own-label beef quarter-pounders costs 53%, or £1.37, more than this time last year, according to the price analysts Assosia. With steak and kebabs also off the menu because they are too pricey, Britons are switching to poultry. Continue reading...

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Sjeføkonom om USA-toll: – Vi må vende oss innover

Sjeføkonom Jan Ludvig Andreassen mener Donald Trumps nye tollsatser ikke er et midlertidig tiltak, men begynnelsen på en ny økonomisk verdensorden.

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Trump fires lead official on economic data as tariffs cause market drop

The move comes as a weaker-than-expected jobs report stoked fears about tariffs.

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Null Jens-effekt

Det hjalp ikke med verken smisking eller hvisking. Norge får 15 prosent toll på all eksport til USA.

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Supreme court hands partial win to car finance companies over compensation claims

Ruling deals a blow to many consumers and the claims industry as judges dismiss compensation save for the most serious cases The supreme court has partly overturned a lower court decision on the car finance commission scandal, closing the door to compensation except in more serious cases. In their ruling, a panel of justices led by the supreme court president, Lord Reed, only upheld one consumer’s case, originally filed by borrower Marcus Johnson. Cases brought by two other consumers – alleging that commissions paid to car dealers were bribes and that dealers owed a duty of loyalty to the customer – were rejected. Continue reading...

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DN mener: Det kapitalistiske fyrtårnet slukker lyset

USAs tollkrig rammer hele verdensøkonomien. Hvordan havnet vi her?

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Eksportører kaster om på produksjonen etter Trump-toll: – Kan ikke øke prisene våre med 15 prosent

Mustad Autoliners må skru på både produksjon og priser etter de nye tollene, men klarer ikke lempe alt over på kundene: – Vi må se etter et kompromiss her, sier toppsjef Hans Frisinger.

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Confusion and anger in Switzerland - hit by highest tariffs in Europe

Trump threatened Switzerland with 31% tariffs but they ended up even higher, leaving the country asking why.

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Barclays follows HSBC in exit from banking industry’s net zero alliance

US banks have already pulled out of NZBA, the UN environment programme’s finance initiative Barclays has become the second UK bank to withdraw from a UN-backed net zero target-setting group, claiming that a wave of defections by international lenders meant it was no longer fit for purpose. It marks a fresh blow for the Net-Zero Banking Alliance (NZBA), after HSBC left in early July. It came months after a wave of exits by US banks, which departed in the run-up to Donald Trump’s inauguration in January. Continue reading...

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Adani promised Australia billions from its Carmichael mine but it hasn’t paid a cent in tax. How did we get here?

The coalmine generated millions in revenue in its early days but recorded an operating loss – a pattern that would repeat at scale Get our breaking news email, free app or daily news podcast It was entirely foreseeable, and has resulted in billions of dollars in forgone revenue for Australia. But just how did policymakers fail to extract a single cent in company tax from Adani’s Carmichael coalmine, even though it opened during the start of a commodity price boom? Continue reading...

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First Thing: Stock markets fall as US announces new tariff rates on dozens of countries

Donald Trump orders levies ranging from 10% to 41% but extends deadline to next week. Plus, how did Labubu dolls became a ‘social currency’? Good morning. Donald Trump has signed an executive order imposing tariffs ranging from 10% to 41% on imports from dozens of trade partners, in his latest attempt to reshape the global economy. Which countries have higher rates? Rates were set at 25% for India’s US-bound exports, 20% for Taiwan and 30% for South Africa. Switzerland faces a rate of 39%. The deadline for a tariff deal with Mexico was extended by another 90 days. What has Israel said? As Gaza has slid into famine this summer, Israeli officials have variously denied the existence of mass starvation, claimed without evidence that Hamas steals and hoards aid, or blamed hunger on UN distribution failures, sharing pictures of aid pallets awaiting collection inside the border. Continue reading...

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Wall Street faller tungt etter skuffende arbeidsmarkedstall

Blant annet etter kraftig nedrevidering av tidligere meldte jobbtall.

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Wall Street falt tungt etter skuffende jobbtall

Markedsaktørene kjører børsene nedover etter store nedrevideringer av jobbveksten i juni og mai.

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Heathrow’s third runway ‘is going to be empty’ if it means high fees, says BA owner

IAG warns price paid per passenger could double under airport’s plans to invest almost £50bn in expansion Heathrow submits ‘shovel-ready’ plans for third runway Why is Heathrow’s third runway back on the agenda? What will expanding Heathrow do to UK’s net zero plans? Heathrow’s third runway “is going to be empty” if high charges are levied on airlines and passengers to foot the bill, the airport’s biggest customer has warned. British Airways’ owner, International Airlines Group (IAG), said the price paid per passenger could double under plans revealed on Thursday by Heathrow to invest almost £50bn in expansion and upgrades, including a £21bn third runway and new terminals. Continue reading...

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US adds 73,000 jobs in July amid economic pressure from Trump’s trade war

July jobs growth slowed amid rising signs Trump’s tariffs are weighing on trade, prices and hiring US politics live – latest updates The US economy added 73,000 jobs in July, far lower than expected, amid ongoing concerns with Donald Trump’s escalating trade war. Forecasters surveyed by Bloomberg had predicted the July jobs report would show a drop in added jobs of around 109,000. The unemployment rate rose to 4.2% from 4.1% in June. Continue reading...

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Nye jobbtall fra USA – 73.000 nye jobber i juli

I kjølvannet av de nye jobbtallene faller rentene i USA, og dollaren svekker seg mot euroen.

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Jobbtall overrasker på nedsiden – markedet ser rentekuttet komme nærmere

Lange renter og dollar faller etter overraskende svake jobbtall. Det prises inn sannsynlighetsovervekt for rentekutt i september.

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Labour MPs urge Thames Water to recover £2.5m paid to executives in April

Exclusive: Letter to water company sets out demands, including resolving most severe cases of pollution Thames Water should claw back £2.5m in bonuses that were paid to executives in April, 27 Labour MPs representing constituencies served by the utility have urged. The MPs said it was “disgusting” that the company was hiking water bills “to pay for executives’ failings when those same executives were receiving multimillion-pound bonuses”. Continue reading...

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- Skjelven

30-åringen skulle bare rydde leiligheten. Det endte med at han ble pantemillionær.

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Dropp det!

Kler du deg på denne måten, kan regningen gå rett i taket.

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Car finance scandal: UK supreme court poised to give ruling on hidden commissions

Verdict could could pave way for millions of motorists to claim compensation for mis-selling The UK’s highest court is poised to give its verdict on the £44bn car finance scandal, which could pave the way for millions of motorists to claim billions of pounds in compensation for mis-selling. The supreme court judgment, which will be handed down after financial markets close at 4.35pm on Friday, will decide whether or not to uphold a finding by the court of appeal in October that hidden commissions paid to car dealers by lenders were unlawful. Continue reading...

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Inflasjonen i eurosonen var 2,0 prosent i juli

Prisveksten i eurosonen holdt seg nærmest akkurat som ventet.

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Omsetter for 800 mill. i USA: – Vi er ikke panikkslagne

USAs økte tollsats kommer etter flere år med flat utvikling. Sjømatanalytiker tviler på at man vil finne et marked som kan over etterspørselen fra USA.

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Krisegrep: - Får monsterregning

Trump-tollen får umiddelbare effekter for norske eksportbedrifter. Laerdal Medical i Stavanger iverksetter tiltak umiddelbart.

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Geir (64) gikk fra kredittkortgjeld til millioner på børs: Slik bygde han sin utbytteportefølje

I dag mottar Geir Trygve Engebretsen flere hundre tusen kroner i året fra sine investeringer i utbytteaksjer: – Veldig gøy og spennende, sier privatinvestoren.

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UK house prices rebound as market recovers from June dip

Average price of property rises 0.6% in July to £272,664, says Nationwide House prices in the UK returned to growth last month, as the market recovered from a dip in June after the end of a tax break on stamp duty. The average price of a home rose 0.6% in July to £272,664, bouncing back from the biggest month-on-month fall in more than two years in June, according to Nationwide. Continue reading...

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Tung ukeavslutning for Oslo Børs – en rekke tungvektere falt betydelig etter tollnyheter

Det ser imidlertid verre ut på kontinentet og i USA.

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Nedgang på Oslo Børs etter nye tollsatser – lakseaksjene faller

Markedet fordøyer nye tollsatser fra USA og venter på flere makrotall.

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AustralianSuper divests more than $26m of shares in poker machine giant Aristocrat from socially aware option

The ‘highly significant’ decision comes after criticism of superannuation funds increasing their investment in the gambling industry Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Australia’s largest superannuation fund has divested more than $26m of shares in poker machine giant Aristocrat from its “socially aware” option, after sustained criticism of its support for the gambling industry. The decision was made after a review of investments to ensure the fund was meeting the expectations of its ethically minded members. Continue reading...

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– Næringer kommer til å slite

Norge skal klare seg greit med en generell tollsats på 15 prosent i USA, mener økonomiprofessor Ola Grytten. Men noen næringer kommer til å få det tøft.

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Professor om Trumps toll: Noen næringer kommer til å slite

Norge skal klare seg greit med en generell tollsats på 15 prosent i USA, mener økonomiprofessor Ola Grytten. Men noen næringer kommer til å få det tøft.

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Sjeføkonom om USAs Norge-toll: – Det er ikke kritisk, det er toskete

Harald Magnus Andreassen mener USAs «nye» Norge-toll er i tråd med forventningene.

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Rekordår for Brøymer-familien etter himmelferd i Kongsberggruppen – tjente 1,7 mrd. i fjor

Investor Øyvin Brøymer har sittet mange år som aksjonær i Kongsberggruppen. Det har betalt seg i milliardklassen.

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Milliardrekord for Brøymer – hamstret sparebanker

Øyvin Brøymers verdier fortsetter å ese ut etter fjorårets rekordår. Toll og Trump forholder han seg ikke til.

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Tidligere sjeføkonom i Morgan Stanley: – Ønsketenkning å tro at dette er over

USAs effektive tollsats er nå på 18,4 prosent – det høyeste siden 1933. – Å tro at dette er over, er ønsketenkning, sier tidligere Morgan Stanley-topp Stephen Roach.

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Trump-toll presser Asia – panikk uteblir

Asiatiske børser falt for sjette dag på rad – den lengste nedgangen så langt i år – etter at president Donald Trump kunngjorde nye tollsatser. Positive kvartalstall fra store teknologiselskaper var ikke nok til å løfte stemningen.

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Argentum har betalt rundt syv milliarder til forvaltere

Når staten investerer i private equity-fond, drysses milliarder over forvalterne i fondene.

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Australia dodges latest Trump tariff hikes as most imports held at 10%

Spokesperson for Australian trade minister says ‘no country has reciprocal tariffs lower’ Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Australian goods imported into the US will continue to attract the baseline 10% tariff, with Australia dodging any tariff increase in the latest round of Donald Trump’s global trade war. On Thursday night US time – Friday morning in Australia – Trump issued an executive order confirming new tariff deals for several trading partners, as well as revised tariffs for a number of other countries. Continue reading...

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Trump imposes tariffs of 10% to 41% on dozens of countries, hours before deadline

High levies affecting some of world’s poorest countries are to go into effect in seven days, while Mexico granted 90-day extension Trump announces sweeping new tariff rates – US politics live US president Donald Trump has signed an executive order imposing reciprocal tariffs ranging from 10% to 41% on imports from dozens of countries and foreign locations, as he extended the deadline for a tariff deal with Mexico by another 90 days. Rates were set at 25% for India’s US-bound exports, 20% for Taiwan and 30% for South Africa ahead of Trump’s self-imposed deadline to strike trade deals with countries around the world by 1 August. Continue reading...

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Heathrow submits ‘shovel-ready’ plans for third runway

Government says expanding Europe’s largest airport could create 100,000 jobs and drive growth Why is Heathrow’s third runway back on the agenda? Heathrow has submitted its “shovel-ready” plans for a third runway as part of a £50bn investment, as the government said expanding Europe’s largest airport could create 100,000 jobs and drive growth. The 2-mile (3.2km) runway expansion would cross a diverted M25 and allow more than 750 additional flights a day over London, helping bring the total annual number of passengers to 150 million. Continue reading...

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Trump's global tariffs 'victory' may well come at a high price

The US President considers it a win - but if this all triggers a foundational realignment, the results may not break in his favour

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Apple quietens Wall Street’s fears of China struggles and slow AI progress

Tech giant sees double-digit revenue rise, with huge gains in iPhone sales, despite stock-price drop and looming tariffs Apple has been under pressure this year. It’s playing catch-up to its fellow tech giants on artificial intelligence, it’s seen its stock fall by double digits since the year began, it closed a store in China for the first time ever this week, and looming US tariffs on Beijing threaten its supply chain. On Thursday, the company released its third-quarter earnings of the fiscal year as investors scrutinize how the iPhone maker might turn things around. Despite the gloomy outlook, the company is still worth more than $3tn, and it beat Wall Street’s expectations for profit and revenue this quarter. Apple reported a massive 10% year-over-year increase in revenue to $94.04bn, and $1.57 per share in earnings. That’s substantially more than the $89.3bn in revenue and $1.43 per share that analysts predicted and is the company’s biggest revenue growth since 2021. Continue reading...

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Apple slår forventningene markert – stiger svakt i etterhandelen

Apple leverte kvartalstall etter børsstenging torsdag.

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Amazon skuffer på guidingen – faller fire prosent i etterhandelen

Resultatet ble bedre enn ventet, men Amazon leverer litt svarere guiding enn ventet.

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Forvalter om aksjemarkedet: – Stor sannsynlighet for at dette er en boble

Aksjemarkedet suser av gårde tross høyeste tollsatser siden mellomkrigstiden. Er markedet i en boble eller kan prisene forsvares?

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Moms dreper restaurantene

Norge har høyere moms på restaurantmat enn våre naboland. Det gir incentiver til å heller velge masseprodusert mat i plastemballasje.

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Clemets korstog mot formuesskatten

Formuesskatten bidrar til høyere etterspørsel etter arbeidskraft, samtidig som det er uklart om den påvirker eierskap og investeringsviljen.

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Røverkjøp

1. august kutter Vinmonopolet prisen på mer enn 200 varer som skal sluttselges. Listen finner du her.

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DN mener: Lett å la seg imponere over Røkke-avtale

Det er lett å la seg imponere av Røkke-eide Akers avtale med de største internasjonale aktørene innen utvikling av KI.

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Lar sportsmillionene jobbe i aksjemarkedet

Triatlon-esset Kristian Blummenfelt fortsetter å dra inn gullmedaljer og millioner. Mesteparten plasserer han i aksjemarkedet.

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Røkke vil satse milliarder på KI i Narvik – ønskes velkommen av regjeringen

Kjell Inge Røkke og Aker vil satse milliarder av kroner på å bygge datasenter for kunstig intelligens i Narvik. Regjeringen ønsker det velkommen.

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Børsnykommer steg 230 prosent på første handelsdag - rødt for nøkkelindeksene

Microsoft og Meta dro opp USAs aksjemarked, men inn mot børsstenging faller nøkkelindeksene fra. Ny-noterte Figma bykset 230 prosent på første handelsdag.

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LOs sjeføkonom skjønner fortsatt ikke forskjellen på verdistigning og inntekt

Det er ikke mulig å ta ut opptjente gevinster uten å betale 37,84 prosent skatt på uttaket.

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Røkke spiller «jokeren i nord» – kan investere 100 milliarder med KI-partner

Akers nye KI-partner banket på døren i Nord-Norge allerede for to år siden, men da var selskapet opptatt med grønne satsinger. Nå blir det datasenter i stedet.

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- Må være feil

I tre måneder har nettstedet testet å ta gebyr for annonser i enkelte kategorier. Joachim Jamtvedt Børresen trodde han så feil.

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Det som er bra for Røkke er ikke nødvendigvis bra for Norge

Stargate Norway er Norges største KI-satsing. Uten ytterligere grep vil det hovedsakelig tjene Røkke og Altman.

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Oljefondssjef Tangen avslører intern misnøye i ny bok

Nicolai Tangen skal ifølge en søknad til Kulturdirektoratet gi ut en ny bok 29. august. Der skriver han om oppstusset rundt Musk SMS'ene ikke ble godt mottatt.

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Analytikere hyller Akers nye grep: – Vi tror dette bare er starten

Pareto-analytiker Tom Erik Kristiansen tror Akers KI-investering kan bli ti ganger så stor. – Dette blir enkelt å finansiere, sier han.

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Ordfører i Narvik om Aker-satsing: – Endelig er det et gjennombrudd

Ordføreren i Narvik tror Akers nye datasenter kommer til å bety mye for kommunen, men vet ikke hvor mange arbeidsplasser senteret vil gi.

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Kjell Inge Røkkes Aker-aksjer ble snaue tre milliarder kroner mer verdt på én dag

Aker-aksjen skjøt opp ni prosent på datasenter-nyhet. Ellers endte handelsdagen blandet for tungvekterne på Oslo Børs.

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SSB-rapport: Rike nordmenn har utsatt 1600 milliarder i skatt

For noen kommer oppgjørets time kanskje aldri. – Formuesskatten er nå den siste skansen, sier LO-økonom Roger Bjørnstad.

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Mangedobling for Haaland – aksjeporteføljen vokste kraftig

Fotballstjernens investeringer gjorde et byks i fjor.

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Sør-Korea lander avtale med USA – tolker avtalen vidt forskjellig

USA og Sør-Korea erklærer begge seier etter en handelsavtale på 450 milliarder dollar. President Donald Trump kaller det investeringer «kontrollert av meg». Seoul omtaler det som strategisk industrisamarbeid.

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Adidas to raise prices as US tariffs costs rise by €200m

The German sportswear giant sources most of its products from Vietnam and Indonesia.

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EU and US agree trade deal, with 15% tariffs for European exports to America

US President Donald Trump and EU chief Ursula von der Leyen confirm the deal after "tough negotiations" in Scotland.

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Klar for nye sammenstøt mellom Trump og Powell

Neste uke preges av USA, med tallslipp fra store selskaper og makrohendelser. Konflikten mellom Donald Trump og Fed-sjef Jerome Powell kan også nå nye høyder.

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Oljefondet - et fangens dilemma

Strategiske insentiver kan føre til at alle vil sikre seg mest mulig, men langsiktig svekker det fellesskapets verdi.

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Korttidsutleie gir fellesskap og skatteinntekter

Korttidsutleie er ikke en skatteflukt, det er en skattepliktig inntektskilde for vanlige boligeiere, hytteeiere og delingsøkonomi-deltakere.

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Gikk på kryptosvindel – må selv dekke tapet på 1,4 mill.

En kunde i DNB-eide Sbanken ble lurt for over 1,4 millioner kroner, og krevde tapet dekket av banken. Kravet ble enstemmig avvist av Finansklagenemnda.

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Prisen dobles

Det skal bli dyrere for turister å besøke Barcelona.

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Trump bekrefter: Avtale om toll med EU

USA og EU er enige om toll på 15 prosent for EU-varer i USA. Amerikanske varer får null i toll. Det kommer frem etter møtet mellom Donald Trump og Ursula von der Leyen i Skottland søndag ettermiddag.

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Kan koste deg dyrt

Har bilen din dette, kan du få svi.

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Private equity fund offers car tycoon €1.1m to settle claim over investment cash

Big Motoring World founder Peter Waddell says Freshstream made him forfeit sum as it saw him as a nuisance A private equity company accused of ousting a multimillionaire used car salesman from his own business has offered to pay €1.1m (£950,000) to settle a separate case with him. Peter Waddell filed his first high court claim against Freshstream last year, alleging that the investment firm used an independent investigation into contested sexist, racist and abusive comments “as a means of securing [his] exclusion” from his used car empire, Big Motoring World. Freshstream had acquired a one-third share in Big during 2022. Continue reading...

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Bygget toalettsuksess: - Må tappe bedriften

Nå frykter Sjøvik-arvingene at regjeringens skattepolitikk vil gå ut over investeringsviljen.

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Flokker til: - Mye billigere

Kokende sommersol over Strømstad, likevel velger nordmenn å tilbringe dagen i bensinkø.

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Water chiefs’ pay rises to average of £1.1m despite ban on bonuses and outrage over pollution

Total remuneration at companies in England and Wales – many of them under scrutiny for sewage discharge – was £15m in 2024-25 The pay of water company chief executives in England and Wales rose by 5% in the last financial year to an average of £1.1m, despite a ban on bonuses for several companies and widespread outrage over the sector’s poor performance. Total pay reported by water companies reached £15m in 2024-25, up 5% on £13.8m the previous year, according to Guardian analysis of 14 companies’ annual reports. Continue reading...

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Bilimportør taper på Kina-biler: – Har et 40 års perspektiv

Salg av de kinesiske bilmodellene fra Hongqi ga importøren i fjor et underskudd på over 100 millioner kroner. Verdien på varelageret ble skrevet ned grunnet lavere etterspørsel.

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Bilimportør taper på Kina-biler

Salg av de kinesiske bilmodellene fra Hongqi ga importøren et underskudd på over 100 millioner kroner.

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– Det er litt i minste laget

Flere får studieplass og en 10 prosents økning i studiestøtten. Studentøkonomien går fortsatt i minus.

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Feeling flush? Americans can Venmo government to help pay off US debt

Method of payment a recent addition as US treasury gives kind-hearted citizens chance to help reduce $36.72tn debt John F Kennedy’s sage words from his inaugural address are forever seared into America’s political consciousness: “Ask not what your country can do for you – ask what you can do for your country.” Continue reading...

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World's thirst for matcha dries up global supplies

Surging demand, smaller tea crops due to heatwaves and US tariffs on Japan are pushing up matcha prices.

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Nationwide boss’s £7m pay package is an ‘obscenity’, says member of mutual

Rise of 43% in Debbie Crosbie’s maximum payout approved at building society’s AGM despite controversy A £7m pay package for the Nationwide chief executive, Debbie Crosbie, has been labelled an “obscenity” and hypocritical by members of the mutual, even as it gained approval at the building society’s AGM on Friday. Concerned members who tuned into the online-only meeting on Friday morning criticised the board’s plan to increase Crosbie’s maximum payout by 43%, saying the move was out of touch and did not align with the mutual’s principles. Continue reading...

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Slakter Musks robottaxier: – Det de har nå er egentlig bare latterlig

Elon Musk tror Tesla blir verdens mest verdifulle selskap, men investeringsdirektør Robert Næss mener aksjekursen bør deles på ti: – Og da er det fortsatt ikke billig.

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Kan bli kastet ut

Han fikk livet snudd på hodet etter suksessen. Nå kjemper han for å beholde hjemmet sitt.

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De amerikanske børsene med nye toppnoteringer – Tesla steg

Sterke kvartalsrapporter og utsikter til handelsavtaler gjør at investorene på Wall Street sender børsene inn i helgen med nye rekordnoteringer. Tesla hentet seg noe inn etter torsdagens kollaps.

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Rolig ukeslutt på de amerikanske børsene

Investorene på Wall Street tar fredag en fot i bakken etter en hektisk uke, og børsene åpner nokså uendret.

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De amerikanske børsene mot nye toppnoteringer – Tesla stiger

Investorene på Wall Street sender fredag børsene til nye rekordnoteringer. Tesla henter seg inn etter gårsdagens kollaps.

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Rolig ukeslutt på de amerikanske børsene – Tesla stiger

Investorene på Wall Street tar fredag en fot i bakken etter en hektisk uke, og børsene åpner nokså uendret. Tesla henter seg inn etter gårsdagens kollaps.

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Norgeshistoriens største fondskollaps

Det var Norges største forvalter – så snudde det fullstendig. Siden 2014 har kundene trukket ut 123 milliarder kroner.

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Samaritans closures show brutal reality of financial crisis for UK charities

Household names are having to take drastic action as they lack resources to meet rising demand for their services A week ago the voluntary sector was being love-bombed by ministers at launch of the civil society covenant, an agreement designed to cement the role of charities in the government’s economic growth plans and social renewal mission At one level, it was a heady moment of optimism for a sector used to being patronised and ignored. A few days later, news that the mental health charity Samaritans is to close about half of its 200 branches over the next few years was a reminder of the cold, hard economic reality gripping much of the sector. Samaritans is just the latest household name UK charity to take drastic action to stave off financial crisis. Continue reading...

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Reeves risks missing fiscal targets and should consider tax rises, says IMF

Chancellor’s plans could be knocked off course by global crisis, poor growth or interest rate shocks, report says Business live – latest updates The International Monetary Fund has said the UK government risks being knocked off course in meeting its targets to repair the public finances and urged Rachel Reeves to give herself more leeway through tax or spending measures. In a final version of an annual report on the UK economy, the Washington-based organisation said changes introduced by the chancellor to the government’s deficit reduction plans had enhanced the credibility and effectiveness of fiscal policy. Continue reading...

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Håndball­sjokk

Den tyske håndballstorheten Ludwigsburg gjør som Vipers Kristiansand og begjærer seg konkurs.

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Staten har trykket på salgsknappen i Argentum

Det er selve forvalterselskapet som kan bli solgt – staten vil fortsatt ha milliarder investert i private equity-fond.

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AI-backed medical debt company claims payment plans can help US healthcare costs

PayZen’s model relies on buying hospital debt at discount as Republican cuts set to leave millions without insurance The CEO of the artificial intelligence-backed medical debt purchasing company PayZen believes payment plans can be part of the solution to America’s high-priced healthcare, even as consumer rights advocates warn third-party financial agreements lack transparency. The company is just one in a sea of healthcare financing companies, whose executives see “acceleration” in conversations with cash-strapped hospitals facing historic Republican-led healthcare cuts. Continue reading...

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Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs

Manufacturer cuts profit margin range for year as German car exports to US fall sharply Business live -latest updates The German car manufacturer Volkswagen has said Donald Trump’s US import tariffs have cost it more than £1bn in the first half of the year. Volkswagen said it had made strong progress realigning the company, which is considering cutting 35,000 jobs by 2030, but that it had suffered a €1.3bn (£1.13bn) “decline in operating result primarily due to high costs from increased US import tariffs”. Continue reading...

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NatWest investors given £1.5bn weeks after full privatisation

Profits rise 4.4% at lender, which plans to distribute interim dividend of 9.5p a share on top of fresh £750m buyback Business live -latest updates NatWest will give a further £1.5bn to shareholders only weeks after the UK government sold the final part of its stake in the once bailed-out bank. The high street lender on Friday announced plans to distribute an interim dividend of 9.5p a share, worth a collective £768m, on top of a fresh £750m share buyback in the second half of the year. Continue reading...