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Hot Off The Wires - 2nd July 2021

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  • 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.

  • The US and Japan have been conducting war games and joint military exercises in case of a conflict with China over Taiwan, amid escalating concerns over the Chinese military’s activity.

  • Homebuyers in England were scrambling to get deals over the line to capitalise on a government tax break that is set to be wound down over the coming months.


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