Royal Mail and DHL halt US deliveries over de minimis rule change

Royal Mail and DHL halt US deliveries over de minimis rule change

Postal services globally are temporarily halting shipments to the United States in response to new import tax regulations that will take effect on August 29. This change follows an executive order signed by U.S. President Donald Trump, which eliminates the previous global import tax exemption for low-value parcels. Under the new rules, gifts valued under

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Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option | Faiza Shaheen

Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option | Faiza Shaheen

In the upcoming autumn budget, the UK Chancellor is tasked with addressing a potential budget shortfall of £25-£50 billion for day-to-day spending. This figure does not account for additional funds needed to restore public services or address the two-child benefit cap. Chancellor Rachel Reeves has committed to not raising income tax, national insurance, or VAT,

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Royal Mail still missing delivery targets after sale to Czech tycoon Křetínský | Royal Mail

Royal Mail still missing delivery targets after sale to Czech tycoon Křetínský | Royal Mail

Royal Mail has reported a performance shortfall in its latest quarterly results, with nearly 25% of first class mail delivered late. For the three months ending June 29, the company disclosed that it managed to deliver 75.9% of first class mail within one working day, a slight increase from 74.2% in the previous quarter, but

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Are AI evangelists really on the money? | Fiona Katauskas

Are AI evangelists really on the money? | Fiona Katauskas

A recent article examines the growing skepticism surrounding artificial intelligence (AI) among its proponents. It highlights a shift in sentiment, with some individuals expressing doubts about the optimistic predictions made by AI advocates. Questions arise regarding the actual viability and impact of these technologies on various sectors. The article notes that while there are many

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Fed chair Jerome Powell signals interest rate cuts amid Trump attacks | Federal Reserve

Fed chair Jerome Powell signals interest rate cuts amid Trump attacks | Federal Reserve

The Federal Reserve is reportedly considering cutting interest rates, as indicated by its chair, Jerome Powell. He expressed concerns that President Donald Trump’s tariffs and immigration policies have created turbulence in the global economy and affected the U.S. job market. Despite ongoing pressure from Trump to lower rates and calls for his resignation, Powell has

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BA flight attendant on US-London route found ‘naked and high on drugs’ in toilet | UK news

BA flight attendant on US-London route found ‘naked and high on drugs’ in toilet | UK news

A flight attendant for British Airways, Haden Pentecost, was discovered unresponsive and undressed in an onboard toilet during a flight from California to London, according to court proceedings. Fellow crew members described him as agitated and perspiring, leading to his removal from duties after failing to perform pre-flight safety checks. Pentecost reportedly complained of stomach

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Wes Streeting’s row with pharma firms grows as they reject NHS drug pricing offer | Pharmaceuticals industry

Wes Streeting’s row with pharma firms grows as they reject NHS drug pricing offer | Pharmaceuticals industry

Discussions between UK Health Secretary Wes Streeting and pharmaceutical companies regarding NHS drug pricing have recently escalated following the rejection of a new pricing proposal. A deadline for agreement was not met by midday on Friday, allowing the existing rebate mechanism—designed to recover funds paid for medicines—to persist at a rate labeled “unsustainable” by the

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