Daily business briefing in under two minutes - April 2 - video Dailymotion

Watch Daily business briefing in under two minutes - April 2 - Insider Media on Dailymotion

Transcript

00:00Hello, and welcome to the latest Business Bulletin on Wednesday the 2nd of April.

00:05Sakhir Starmer and Rachel Reeves are being questioned by MPs today.

00:09It comes as Donald Trump prepares to announce new tariffs that could derail their economic

00:13plans.

00:14The US President's expected to unveil sweeping tariffs at the White House at around 9pm UK

00:19time.

00:20It's a move he's dubbed Liberation Day.

00:23More than 25,000 UK car manufacturing jobs could be at risk, with Jaguar, Land Rover

00:28and MINI employees among the most exposed.

00:31The UK government is still trying to negotiate a trade deal.

00:35Supermarket sandwich maker Greencore has agreed a possible £1.2 billion takeover deal for

00:40rival Bakavour.

00:42The pair have an agreement in principle on a potential cash and shares offer from Greencore

00:46for Bakavour worth 200p a share.

00:49The deal would create a combined food group of about £4 billion.

00:54Topps Tiles has revealed an increase in sales for the past six months.

00:57It benefited from strong trading in March.

01:00The retail group said homeowner sales remained subdued, but trade sales were strong over

01:04the period, with digital growth also on the charge.

01:08Hooters, the US restaurant group known for its skimpy staff uniforms, has filed for bankruptcy.

01:14Parent firm Hooters of America filed for bankruptcy protection.

01:17It's looking to strike a deal to sell its company-owned restaurants back to a group,

01:21including its founders.

01:24And Rebel Energy, which supplies around 80,000 domestic customers, has ceased trading.

01:28Ofgem's told households supplied by Rebel, as well as its 10,000 non-domestic customers,

01:34that they won't experience any disruption to their supply.