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Tax News Updates
May 2026
BBC Main News
Business News
- Trump says he will hike tariffs on EU cars to 25% The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July.
- Pentagon says US military to be an 'AI-first' fighting forceThe US military has agreed eight new contracts with big tech firms as it expands its artificial intelligence capabilities.
- Mortgages, jobs and energy bills - how the Iran war will affect your moneyThe Bank of England's latest report reveals some interesting details on how our finances will be affected due to the Iran war.
- The Real Greek rescued by Cote Brasserie-ownerAll but nine of the Mediterranean chain's 28 outlets are being taken over by the family-owned Karali group.
- Crayola toys recalled over possible asbestos contaminationPeople should stop using the products immediately and keep out of the reach of children, the government says.
- Will AI lead to more accurate opinion polls?It's cheaper and faster to collect people's opinions using AI, but will it make polls more accurate?
