Workers at a UK steel plant with furnaces burning in the background amid new EU Steel Tariffs discussion

New EU Steel Tariffs Could Spark Major Crisis for Britain’s Manufacturing Sector

The EU Steel Tariffs announced this week have sent a shock through Britain’s industrial heartland. Brussels proposes steep measures, including a 50 percent duty on steel imports beyond a much smaller quota.  The move risks choking off the EU market for UK steel and putting firms from Port Talbot to Scunthorpe under severe strain. Leaders…

SpaceX Launch Falcon 9 rocket lifting off from Vandenberg Space Force Base carrying 28 Starlink satellites

SpaceX Launch: Falcon 9 Deploys 28 Starlink Satellites from Vandenberg Space Force Base

The SpaceX Launch from Vandenberg Space Force Base placed 28 more Starlink satellites into low Earth orbit. The mission shows SpaceX’s fast turnaround and reusable rocket strength. It also set a record for Vandenberg’s launch pace this year. The Falcon 9 rose through a clear sky, then the first stage returned to a drone ship…

Car Finance Compensation Scheme illustration showing FCA reviewing car loan documents and refunding UK drivers after mis-selling scandal

FCA Car Finance Compensation Scheme Could Cost Banks £11bn After Mis-Selling Scandal

The Financial Conduct Authority has set out a proposed Car Finance Compensation Scheme that could see lenders paying around £8.2 billion in compensation, with running costs pushing the total to about £11 billion. The scheme covers motor finance agreements from April 2007 to November 2024, and the FCA expects average payouts to be roughly £700…