In a speech addressing the global economic turmoil caused by Trump’s tariffs, the Prime Minister acknowledges that tariffs are not beneficial. Keir Starmer has been vocal on this issue, discussing it at Labour’s local elections campaign launch and in various media outlets. Despite the ongoing discussions, it remains unclear if a coherent strategy is in place to address the impact of the tariffs.
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Grocery giant closing 60 stores in the US – see list
Kroger plans to close approximately 60 stores over the next 18 months following the failure of its merger with Albertsons due to antitrust concerns, resulting in a $100 million impairment charge. The company will offer affected employees positions at other locations and aims to reinvest savings into enhancing customer experience, despite maintaining its operating profit forecast of $4.7 billion to $4.9 billion. Need More Context? 🔎
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