
Economic news


Shein and Temu tax-free parcels rule under review
Retailers argue that cheap foreign rivals are undercutting business using a tax-free status on small parcels.

How critical minerals became a flash point in US-China trade war
Beijing’s response to Donald Trump’s tariffs intensifies battle to control supply of commodities vital to high-tech sectors

Pony.ai considers other exchanges as US delisting fears grow
Less than six months after New York IPO, CEO says secondary offering in Hong Kong is ‘possible’

Ukraine fails to reach deal with investors to restructure $2.6bn of debt
Kyiv due to make estimated $600mn payment on GDP warrants next month

Planning bill would allow builders to ‘pay cash to trash’ nature, say UK experts
Exclusive: plan to let firms sidestep environmental laws by paying into nature levy would add cost and delay, says letter to MPs
Leading economists, former government advisers and ecologists are calling for a key section of the government’s planning bill to be changed because it creates a “licence to kill nature”.
Sir Partha Dasgupta, professor emeritus of economics at the University of Cambridge, ecology professor Sir John Lawton and Dr Tom Tew, a former chief scientist of Natural England, are among the signatories to a letter to MPs which warns them to ignore government slogans and false rhetoric about nature and wildlife being a block to growth.