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Tariff Costs Put New Pressure on U.S. Corporate Profits

Rising tariff expenses are beginning to weigh heavily on U.S. companies, prompting executives across multiple industries to warn that profit margins may tighten in the months ahead. Many firms had initially suggested they could manage the added costs through efficiency improvements or selective price increases, but that confidence is fading as import-related expenses continue to climb. Companies that rely on global supply chains are feeling the strain most acutely. Higher costs on imported materials and components are forcing difficult decisions: pass the increases on to consumers, risking weaker demand, or absorb the costs internally, which directly erodes profitability. For many businesses, neither option is attractive. Consumer-facing brands are finding it especially challenging to raise prices further, as shoppers show growing sensitivity to even modest increases. This resistance limits the ability of firms to offset tariff-driven expenses, creating a squeeze that is beginning t...
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Britain’s Poorest Hit 30‑Year High as “Very Deep Poverty” Surges

 

                                           A homeless man and his dog pictured in Edinburgh


Britain is experiencing its highest level of “very deep poverty” in more than three decades, with millions of people now living on incomes far below what is needed for basic essentials. Recent analysis shows that around 6.8 million people fall into this category, meaning they survive on less than 40% of the national median income.

While overall poverty rates have not dramatically increased, the severity of hardship has deepened. A growing share of those in poverty are now pushed into the most extreme levels of deprivation, struggling to afford essentials such as food, heating, and stable housing.

Children are among the hardest hit, with millions growing up in households unable to meet basic needs. Minority ethnic communities also face disproportionately high rates of severe poverty, reflecting long‑standing structural inequalities.

The findings have intensified calls for stronger social safety nets and more ambitious government action. Without meaningful intervention, experts warn that the gap between Britain’s poorest households and the rest of society will continue to widen.


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