Investments and business

One in 10 cars sold in UK made in China

UK car market: one in ten cars made in China

In recent years, the automotive industry in the United Kingdom has undergone a noticeable transformation. One of the most striking developments is the increasing presence of vehicles manufactured in China on British roads. What was once an emerging trend has now become a significant shift: approximately one in every ten new cars sold in the UK originates from Chinese factories. This change highlights not only the evolving landscape of the global car market but also the growing influence of Chinese automakers on international consumer choices.The steady rise of Chinese-made cars in the UK is the result of several factors, including…
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What have tariffs really done to the US economy?

The US economy under tariffs: What’s changed?

Tariffs have long been a central tool in the arsenal of economic policy, used by governments to influence trade, protect domestic industries, and generate revenue. In recent years, the United States has relied heavily on tariffs as part of its broader trade strategy, particularly in relation to China and other key trading partners. This renewed focus on protectionism has sparked intense debate over whether tariffs help or harm the U.S. economy. A closer look reveals that the effects of these policies are complex, far-reaching, and often produce mixed results.At their essence, tariffs function as taxes placed on products brought in…
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banknotes and coins beside gray safety box

Strategies for securing your savings during an economic crisis

An economic crisis, whether triggered by a recession, banking collapse, geopolitical tension, or a global pandemic, often creates waves of uncertainty. Savings can be jeopardized by inflation, currency devaluation, stock market crashes, and mass unemployment. The 2008 Global Financial Crisis, for example, saw many individuals lose substantial portions of their investments and face liquidity challenges almost overnight. Protecting your savings during such turbulent times is crucial for maintaining financial stability and peace of mind.Diversification: The Fundamental ShieldDiversification is a key strategy for protecting one's savings. Allocating resources into various asset types—such as cash, bonds, stocks, commodities, and real estate—minimizes exposure…
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Congress passes Trump's 'big, beautiful bill' cutting taxes and spending

Congressional passage of Trump’s ‘big, beautiful bill’ slashes taxes and spending

In a significant development that marks one of the most ambitious shifts in U.S. fiscal policy in recent years, Congress has passed legislation championed by former President Donald Trump, aimed at reducing both taxes and government spending. The sweeping measure, which Trump had enthusiastically described as a “big, beautiful bill,” is poised to reshape key aspects of the American economy and public finances for years to come.The law mirrors enduring Republican goals of reducing taxes for both individuals and companies, while also cutting federal spending. Proponents claim the policy will encourage economic expansion, increase investments, and provide American workers with…
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