President says decision made ‘in honor of the king and queen’ as industry officials call deal ‘significant boost’

In a gesture of diplomatic friendliness after King Charles’s visit to the White House, Donald Trump said the US would be removing all tariffs on whisky imports.

“In Honor of the King and Queen of the United Kingdom, who have just left the White House, soon headed back to their wonderful Country, I will be removing the Tariffs and Restrictions on Whiskey having to do with Scotland’s ability to work with the Commonwealth of Kentucky on Whiskey and Bourbon,” Trump said in a post on social media.

Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic reset

Premier Inn owner Whitbread is to cut about 3,800 jobs in the UK and Ireland and shut its remaining Beefeater and Brewers Fayre restaurants as it resets its five-year business strategy, amid tax rises and pressure from a US activist investor.

The cuts will affect about 12% of Whitbread’s 30,000-strong workforce in the UK and Ireland working in its Beefeater and Brewers Fayre restaurants, which are usually located next to, or inside, Premier Inn hotels. The company said consultations with affected employees would begin immediately.

Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorate

Three million UK households are being forced to skip meals as consumers resort to drastic measures to deal with rising costs, according to a Which? report published on Thursday.

The conflict in the Middle East and subsequent surge in oil and raw material prices has led to businesses preparing to raise prices, putting more pressure on household finances and hitting consumer confidence.

Report calls for tough action to combat ‘escalating and unsustainable burden’ of liver-related problems in Europe

Governments in Europe should impose much higher taxes on alcohol and unhealthy food to tackle the continent’s 284,000 deaths a year from liver disease, experts say.

Taxes on those products should rise sharply enough for the money raised to cover the huge costs they place on health services, the criminal justice system and social services.

Staff are handing over sandwiches from behind a theft-proof counter as the high street fights back

Greggs has axed self-service display cabinets in bakery stores that have been most severely hit by shoplifters.

The move is the latest aimed at combating a problem plaguing the high street. Last year official figures revealed annual shoplifting offences in England and Wales had passed half a million offences for the first time, and since then many retailers have reported high levels of crime in their shops.

Trade body warns that changes are likely to drive up costs and push pupils to find somewhere to buy junk food

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A government push to get schoolchildren eating more lentils, pulses and beans at lunch could have a “devastating effect”, making catering services unviable, school meal providers have warned.

Proposals for healthier meals in English schools, which would limit the amount of desserts and reduce “grab-and-go” items such as pizzas and sausage rolls, would pile pressure on an already struggling sector, caterers said.

Retailer WH Smith joins supermarket in warning on effects of Middle East conflict

Sainsbury’s has warned that profits could fall this year as the conflict in the Middle East squeezes customers’ budgets and pushes up business costs.

The supermarket group said the conflict “will impact both our customers and our business” and it was unclear how large the effect would be.

Farmers have been calling for higher prices for weeks, amid soaring diesel and fertiliser costs and limited supply

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Coles has increased home-brand milk prices by up to 20c a litre, with Woolworths set to follow as war in the Middle East starts to hit Australian grocery costs.

The price rise will support the company’s bottom line against pressure from higher fuel and operating costs, while some of the revenue will be temporarily passed on to dairy farmers.

Retail analysts say breaking up food and fashion group would make sense in challenging business environment

Primark may break free from Kingsmill, Twinings and the sugar business this week when Associated British Foods announces plans on a mooted demerger.

The potential split comes at a tricky time for the group controlled by the billionaire Weston family, with its fashion and food arms facing tough competition and rising costs.

Store opened in 1971 in Seattle’s Pike Place Market joins growing unionization campaign across the coffee chain

Workers at the historic first Starbucks store are seeking to unionize as the coffee retail giant and its union appear stalemated over their first contract.

The first Starbucks store opened in 1971 in Seattle’s Pike Place Market, and the store serves as a tourist site in Seattle.

Pedro Piscal pisco is latest Chilean brand to resemble a Hollywood name – and others have fought off the lawsuits

The actor Pedro Pascal is waging a legal battle against a Chilean pisco merchant who has chosen a cheeky name for his brand of the country’s national spirit: Pedro Piscal.

David Herrera registered the brand name with a Chilean commercial regulator in 2023 and began selling his pisco in off-licences and restaurants.

The prime minister was not aware that the former US ambassador had failed the vetting process, according to Downing Street

Swinney says this is a manifesto for the whole of Scotland.

He confirms that the SNP would argue for the Scottish power to have more control over energy policy (still largely reserved to Westminter). He says:

The problem is not that we do not have the energy. The problem is that Westminster has the power. This election is our opportunity to take those powers and put them into Scotland’s hands.