Hot Off The Wires - 1st July 2021
Britain’s steel industry will be protected from a flood of cheap imports after Trade Secretary Liz Truss backed away from a major reduction of barriers in one of Britain's first post-Brexit acts of trade policy.
More factories are planning to increase their prices than at any time in the past 31 years, in a sign that higher input costs are feeding through to inflation.
Thousands of investment bankers, traders and analysts at Barclays are to move to a new home in Canary Wharf after the lender said that it would abandon one of its main London offices.
The ongoing global shortage in the supply of semiconductors is affecting manufacturing in China and Japan, according to data, with car production among the industries hit.
The guarantor loans industry is set to shrink further after Non-Standard Finance said that it would wind down its business in the face of regulatory pressure.
US fashion retailer Gap has confirmed it will close all of its stores in the UK and Ireland, and offload some outlets in Europe as it moves solely online.
Introduced on 1st July 1963, what revolutionised the US Postal Service?