Tax hike could lead to higher food prices, supermarkets warn

A recent report reveals that UK manufacturers are investing at the slowest pace since 2017, raising concerns about the future of the industry. This slowdown in investment could hinder growth and innovation, impacting the overall economy. It's crucial to monitor these trends as they may affect job creation and the competitiveness of UK manufacturing on a global scale.

Rachel Reeves is set to lead a trade mission to Saudi Arabia, aiming to strengthen the UK's economic ties with the Gulf Cooperation Council, potentially adding £1.6 billion to the UK economy. This visit is significant as it marks the first time a UK chancellor has visited the country, despite ongoing concerns regarding human rights abuses in Saudi Arabia. The mission highlights the balancing act between economic interests and ethical considerations in international relations.

UK Chancellor Rachel Reeves is heading to Saudi Arabia to push for a trade deal with Gulf states, aiming to enhance the UK's economic growth ahead of her important budget announcement. This visit is significant as it highlights the UK's commitment to strengthening international trade relationships, which could lead to increased investment and economic opportunities.

This week, a lobbying group for UK start-ups is set to caution Rachel Reeves about a proposed tax on limited liability partnerships (LLPs). They argue that such a move could adversely affect the investors supporting some of Britain's most innovative companies. This warning highlights the potential risks to the start-up ecosystem, which is crucial for economic growth and job creation.

Walmart has introduced a space heater priced at just $38, which shoppers are praising as a 'lifesaver during winter.' This affordable option heats an entire room in minutes, making it a practical solution for those looking to stay warm without breaking the bank. With winter temperatures dropping, this product is gaining attention for its efficiency and value, highlighting Walmart's commitment to providing accessible home solutions.

Recent research reveals that young first-time buyers in the UK are increasingly being pushed into areas lacking access to nature, often referred to as 'nature deserts.' This trend highlights a troubling consequence of government policies that have not prioritized the development of greener, healthier living environments. The implications are significant, as living in such areas may exacerbate health inequalities, making it crucial for policymakers to address these issues and ensure that new housing developments incorporate green spaces.

Manchester Pride, one of the UK's largest LGBTQ+ events, has faced a significant downturn, raising concerns about its future and the impact on the community, staff, and performers involved. This situation highlights the challenges faced by pride events in maintaining support and relevance, especially in a changing social landscape. The fall of such a prominent event not only affects those directly involved but also signals a potential shift in the broader LGBTQ+ celebration landscape.

Pizza Hut is facing significant challenges in the UK, leading to the closure of half its restaurants. This shift highlights a changing landscape in the fast-food industry, where competitors like Domino's are gaining ground. The decline in Pizza Hut's popularity raises questions about consumer preferences and the future of traditional pizza chains.

The Hong Kong Jockey Club has made a significant move by selling a $1 billion portfolio to Toronto's Dawson Partners, marking a major asset disposal in Asia. This transaction not only highlights the club's strategic financial decisions but also reflects the growing interest of international firms in Asian markets. Such deals can stimulate economic activity and attract further investments, showcasing the dynamic nature of the region's financial landscape.

Argentina's financial markets are poised for a significant rally following Javier Milei's election victory. Investors are optimistic about Milei's proposed economic reforms, which aim to stabilize the economy and attract foreign investment. This shift in leadership could mark a turning point for Argentina, as many hope that Milei's bold policies will lead to recovery and growth after years of economic turmoil.

Analysts are evaluating the financial implications of Indian refiners shifting away from Russian oil. This move is significant as it reflects changing dynamics in global oil markets and could impact pricing and supply chains. Understanding these shifts is crucial for investors and stakeholders in the energy sector.

WuXi AppTec has reported a remarkable 22.5% increase in revenue for the third quarter of 2025, prompting the company to raise its full-year guidance. This significant growth highlights the company's strong performance in the biopharmaceutical sector, reflecting increased demand for its services and products. Investors and stakeholders will be keen to see how this upward trend continues, as it positions WuXi AppTec favorably in a competitive market.

Argentina's recent midterm elections have resulted in a significant victory for Javier Milei and his libertarian party, marking a pivotal shift in the country's political landscape. This win is crucial as it signals a potential overhaul of economic policies aimed at addressing the nation's ongoing financial challenges. Milei's approach promises to bring about substantial changes, which many believe could lead to a more prosperous future for Argentina.

WuXi AppTec has exceeded expectations in its Q3 2025 earnings call, showcasing strong financial results that highlight the company's growth and resilience in the biotechnology sector. This positive performance not only reflects the effectiveness of their strategies but also boosts investor confidence, making it a significant development for stakeholders and the industry as a whole.