Jamie Young

1 week ago | bmmagazine.co.uk | Jamie Young

The new UK-US trade deal, announced with fanfare as a major step in transatlantic economic relations, offers little benefit to the UK’s automotive sector, according to the audit and tax experts at Blick Rothenberg. The deal — officially titled the General Terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal — will reduce tariffs on British car exports to the US from 27.5% to 10%.

1 week ago | bmmagazine.co.uk | Jamie Young

Vulnerable beneficiaries are being left without essential support as charities across the UK are forced to scale back services or halt expansion plans due to surging operational costs, according to leading audit, tax and business advisory firm Blick Rothenberg.

1 week ago | bmmagazine.co.uk | Jamie Young

British carmakers and manufacturers have welcomed the newly signed UK-US trade deal, which includes a significant reduction in tariffs on automotive and steel exports, offering long-awaited relief to key industrial sectors. The agreement — the first struck under President Trump’s renewed trade agenda — eliminates proposed American tariffs of 27.5% on British steel and reduces car tariffs to 10%, covering up to 100,000 UK car exports annually.

1 week ago | bmmagazine.co.uk | Jamie Young

John Lewis is expanding its café and restaurant offering in a renewed effort to drive footfall, enhance the in-store experience, and re-establish itself as a destination retailer for middle England. The department store group has announced plans to open five new cafés and restaurants across its estate this year, reflecting what it called the “growing importance of food and drink” in its department store strategy.

1 week ago | bmmagazine.co.uk | Jamie Young

British Airways parent company International Consolidated Airlines Group (IAG) has committed to a massive $23 billion aircraft order, brushing off concerns about softening transatlantic travel demand amid President Trump’s escalating global trade wars. In a confident update to investors, the £14 billion FTSE 100 airline group said it remained on track to hit its €4.6 billion profit forecast for 2025, adding that passenger demand remained “robust” despite broader economic uncertainty.