Tom Saunders
@tomjss.bsky.social
Business reporter at The Times, specialising in trade. One of MHP's "30 to watch" young journalist Gold winners 2024
You can read our contribution to this investigation, as well as those of our 13 other partners, here: www.ftm.eu/files/the-sh...
The Shadow Fleet Secrets
Hundreds of old oil vessels are used to avoid sanctions on Russian oil trade. By now, it is known where they are sailing, what they are shipping and where to. But who are the former owners of these sh...
www.ftm.eu
October 22, 2025 at 9:13 AM
You can read our contribution to this investigation, as well as those of our 13 other partners, here: www.ftm.eu/files/the-sh...
Particular credit goes to the team at @ftm.eu who led the investigation and did much of the early digging into this!
Take a read of the investigation and partner contributions (including ours) here:
www.ftm.eu/files/the-sh...
Take a read of the investigation and partner contributions (including ours) here:
www.ftm.eu/files/the-sh...
The Shadow Fleet Secrets
Hundreds of old oil vessels are used to avoid sanctions on Russian oil trade. By now, it is known where they are sailing, what they are shipping and where to. But who are the former owners of these sh...
www.ftm.eu
October 3, 2025 at 1:19 PM
Particular credit goes to the team at @ftm.eu who led the investigation and did much of the early digging into this!
Take a read of the investigation and partner contributions (including ours) here:
www.ftm.eu/files/the-sh...
Take a read of the investigation and partner contributions (including ours) here:
www.ftm.eu/files/the-sh...
The discrepancy hasn't gone away either; Oxford Economics noted similar shortfalls in more recent data up to July.
Full story:
www.thetimes.com/business-mon...
Full story:
www.thetimes.com/business-mon...
US tariff collection falls short as implementation issues bite
Revenue falls short of projections, with Oxford Economics reporting a significant gap between expected duties and those collected
www.thetimes.com
August 18, 2025 at 1:53 PM
The discrepancy hasn't gone away either; Oxford Economics noted similar shortfalls in more recent data up to July.
Full story:
www.thetimes.com/business-mon...
Full story:
www.thetimes.com/business-mon...
The bank attributed the shortfall between declared and actual tariffs to “implementation frictions” in their rollout, due to shipment timing issues, deferred payments and delays in customs systems adapting to the new tariff schedule.
August 18, 2025 at 1:53 PM
The bank attributed the shortfall between declared and actual tariffs to “implementation frictions” in their rollout, due to shipment timing issues, deferred payments and delays in customs systems adapting to the new tariff schedule.
A recent note from the Federal Reserve Bank of Richmond found that in May, the average tariff rate based on the duties Trump had signed into law stood at 17.5 per cent.
However, the effective tariff rate - based on the actual amount of duties collected by the US was far lower - just 8.7 per cent.
However, the effective tariff rate - based on the actual amount of duties collected by the US was far lower - just 8.7 per cent.
August 18, 2025 at 1:53 PM
A recent note from the Federal Reserve Bank of Richmond found that in May, the average tariff rate based on the duties Trump had signed into law stood at 17.5 per cent.
However, the effective tariff rate - based on the actual amount of duties collected by the US was far lower - just 8.7 per cent.
However, the effective tariff rate - based on the actual amount of duties collected by the US was far lower - just 8.7 per cent.
It's a similar story across most industries, and is largely the product of the Treasury's decision, during the pandemic, to jettison grants of up to £2.5K for UK businesses looking to attend major trade fairs.
Read more here:
www.thetimes.com/business-mon...
Read more here:
www.thetimes.com/business-mon...
How UK businesses disappeared from world’s biggest trade fairs
The scrapping of a scheme providing grants for small and medium-sized businesses to attend overseas shows has been blamed for a drop-off in numbers
www.thetimes.com
June 16, 2025 at 2:36 PM
It's a similar story across most industries, and is largely the product of the Treasury's decision, during the pandemic, to jettison grants of up to £2.5K for UK businesses looking to attend major trade fairs.
Read more here:
www.thetimes.com/business-mon...
Read more here:
www.thetimes.com/business-mon...
"This letter should not have been written in the manner that it was. I had not seen it and certainly had not approved it. I want to apologise to our suppliers for the letter, which is totally incorrect,” Caring said.
www.thetimes.com/business-mon...
www.thetimes.com/business-mon...
Ivy owner apologises for demanding discounts from suppliers
Restaurateur Richard Caring says a letter demanding a mandatory 2.5 per cent reduction as a result of the ‘current increased cost of trading’ was sent in error
www.thetimes.com
June 15, 2025 at 5:59 PM
"This letter should not have been written in the manner that it was. I had not seen it and certainly had not approved it. I want to apologise to our suppliers for the letter, which is totally incorrect,” Caring said.
www.thetimes.com/business-mon...
www.thetimes.com/business-mon...