Money Moves

In August, the U.S. labor market showed further signs of weakening, raising concerns about economic stability. According to the Labor Department, employers added only 22,000 jobs during the month, falling short of anticipated numbers, while the unemployment rate rose slightly from 4.2% to 4.3%. These figures follow a series of disappointing job market data, including […]

Bodycare, a health and beauty retail chain, has announced the immediate closure of 32 of its UK stores and the redundancy of 450 employees following its entry into administration. The company, which has approximately 1,500 staff, is known for offering low-cost cosmetics and beauty products. With 147 physical locations, Bodycare cited rising rents as a

As October 1 approaches, energy prices are set to increase by 2%, prompting a warning from Martin Lewis for those on an energy price cap tariff. Individuals remaining on this specific tariff may want to reassess their energy plans in light of the upcoming rise. Energy price caps are intended to protect consumers from excessively

Changes to energy prices in Northern Ireland were announced following a review by the Utility Regulator. SSE Airtricity confirmed an 8.47% decrease in gas prices for customers in Greater Belfast and surrounding areas, resulting in an approximate annual savings of £94 for typical households. This reduction is set to take effect on October 1. In

Retail sales in the UK experienced a 0.6% increase in July, according to the latest data from the Office for National Statistics (ONS). This figure surpassed analysts’ expectations and is attributed to factors such as favorable weather and the women’s Euro football tournament. However, it is noteworthy that the publication of these figures was delayed

The Trussell Trust, the largest foodbank charity in the UK, recently marked 25 years since the opening of its first foodbank in Salisbury. Founded in 2000 following discussions with a struggling mother, the organization now operates 1,400 locations across the country. Maria Stevenson, who runs the Salisbury foodbank, has integrated Citizens Advice services into the

Lululemon Athletica experienced a significant drop in its stock value on Thursday, following the company’s announcement of expected financial challenges due to tariffs imposed by the U.S. government and the termination of the de minimis exemption. This exemption previously allowed online purchases valued at $800 or less to enter the U.S. without incurring import duties.

A lawyer named Mark S. Zuckerberg, based in Indiana, is suing the social media company Meta (formerly Facebook) for repeatedly suspending his account. He contends that these suspensions are based on false accusations of “impersonating a celebrity.” Over the past eight years, his account has been disabled five times, resulting in lost business opportunities. In

On Thursday, U.S. President Donald Trump signed an executive order reducing tariffs on Japanese car imports from 27.5% to 15%. This decision aims to alleviate uncertainty for major automakers such as Toyota, Honda, and Nissan. The move formalizes an agreement made in July to impose a 15% tariff on nearly all Japanese exports to the

US President Donald Trump has announced that new tariffs will be applied to a wide range of imports, which he claims will stimulate job growth, enhance the economy, and increase tax revenues in the United States. However, experts express concerns that these tariffs may compel exporters to seek markets in other countries, such as China,