News portalspace

Trump’s Tariffs on Autos Would Hit Europe Hard

After months of threats, the White House unveiled plans on Wednesday to impose tariffs on automobiles imported to the United States, a plan that is likely to hit car companies across the European Union hard. The move — which would place a 25 percent tariff on all cars not built in the United States — […]

Read More

Housebuilding plans forecast to boost economy by £6.8bn

Becky Morton Political reporter Getty Images Housebuilding is forecast to hit a 40-year high, with reforms to the planning system expected to boost the economy by £6.8bn, according to the independent spending watchdog. The Office for Budget Responsibility (OBR) said changes including mandatory housing targets for councils and making it easier to build on green […]

Read More

Trump Announces 25% Tariffs on Imported Cars and Car Parts

President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move that is likely to raise prices for American consumers and throw supply chains into disarray as the president seeks to bolster U.S. manufacturing. The tariffs will go into […]

Read More

NHS software provider fined £3m over data breach

An NHS software provider has been fined £3m by the Information Commissioner’s Office (ICO) over security failings that led to a ransomware attack on the NHS. The Advanced Computer Software Group was fined for a breach that put personal information of 79,404 people at risk, the UK’s data protection watchdog said. The firm provides IT […]

Read More

Stocks Slump Ahead of Trump’s Auto Tariffs

Stocks slumped on Wednesday ahead of President Trump’s announcement of tariffs on auto imports, as investors braced for levies that could disrupt carmakers’ supply chains and raise costs for consumers. The S&P 500 fell roughly 1.1 percent for the day, and the tech-heavy Nasdaq Composite was 2 percent lower. The downturn reflected ongoing volatility in […]

Read More