The government spent £2.8bn of its aid budget on asylum seekers in the UK in 2024, down from £4.3bn in 2023, meaning asylum costs fell from 28 per cent of the aid budget to a fifth last year.

But manufacturers and economists said new tariffs of between 32 and 49 per cent on many south-east Asian economies come as a much bigger shock, undermining the “China plus one” strategy of using them ...

Puma has replaced chief executive Arne Freundt with Adidas’s former sales head Arthur Hoeld, ending a two-and-a-half-year tenure during which the German sportswear group’s shares halved in value.

“Before the next election we need to show results on the ground, upgrading the existing network and bringing much better services to old industrial towns and forgotten places like Leigh, Wigan, Widnes ...

Oscar-winning maker of ‘The Artist’ Michel Hazanavicius directs a film veering from sombre grace to glaring mis-steps ...

If you’re not familiar with the massively popular video game Minecraft, you may need to do some deep Wikiswotting to avoid A Minecraft Movie coming across as anything other than inscrutably hermetic.

Plans for a “megafarm” in Norfolk have been rejected by councillors concerned about its climate impact, in a test of whether a court ruling over oil and gas projects should be applied to the food ...

The last time Russia and the US tried a reset was in 2009, under presidents Dmitry Medvedev and Barack Obama. But today Russia has no interest in dusting off its playbook from back then. It has more ...

The latest round of new tariffs unleashed by Donald Trump will hit almost every industry across the globe, setting an unprecedented challenge for businesses already grappling with weak demand and ...

A paper about how tariffs need to be cleverly designed and carefully applied — and how Trump failed on consistently both ...

There are few outright winners from a global trade war. But tariffs are a blunt instrument. Sometimes, large headline numbers don’t fully reflect a sector’s exposure — which can create opportunities ...

The Co-op has revealed that groceries worth £80mn were stolen from its stores last year, providing further evidence of the heavy toll that shoplifting is taking on the UK’s retailers.