Amazon Prime Day 2025: We reveal all the best deals as they come in, with up to 48% off Apple, Ninja, Shark, Dyson and other big-name brands
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Times
9 minutes ago
- Times
Britain is missing its chance to divert investment from America
The uncertainty around the US economy created by President Trump's trade war and his domestic agenda should be a golden opportunity for the UK to attract more international capital. John Flint, the outgoing chief executive of Britain's National Wealth Fund, which has been capitalised with £28 billion to help accelerate private investment into the UK's clean energy and growth industries, told MPs last week: 'The world has got very strange in the last few months. The UK looks good right now on a relative or comparative basis. 'There is a government with a big majority, institutions that work, respect for the rule of law … The biggest consumer of capital internationally [America] is on a different track right now. We have a window and a moment where we can appear to be different.' However, the view among some powerful Wall Street investors is that while more opportunities for investing outside the US would be welcome, the UK government hasn't given them any good reason to deploy their capital. As one Wall Street executive told me: 'I think the UK has really significant challenges. It's not leading in enough places to attract capital. It doesn't have the innovation engine going and it has other structural challenges still lingering: inflation, very sluggish growth, very high social spend. 'They've got an entitlements problem, just like we have an entitlements problem. But we have a more innovative, dynamic economy. I don't see a real plan. And they're chasing away capital, not attracting capital.' Flint, who is due to leave his role in August, told MPs that the UK does not yet have a list of investable projects ready to present to prospective investors. When asked how long it would take to create the list, he said: 'I cannot give you an answer, because it depends on so many different factors. Planning is one of them, which I know the government are reforming.' Meanwhile, the government has no apparent plan to stop the decline in UK-listed growth companies. Overseas takeovers of UK-listed companies have accelerated, while those companies have not been replaced with new listings. Worryingly, it was revealed last week that Sir Pascal Soriot, chief executive of AstraZeneca, Britain's most valuable public company, would like to move its stock market listing to the United States. The government's series of U-turns and the rebellion within the Labour Party over welfare reforms have not helped improve the UK's image to global investors, instead raising questions about the government's ability to manage spending. The uproar on Wall Street over Trump's 'liberation day' tariffs in April raised hopes elsewhere that Europe could reverse the increase in global inflows to the US since the pandemic. The US received 41 per cent of global gross capital inflows in 2022-23, the highest share of any country and nearly double its pre-pandemic share of 23 per cent, according to the US Council of Economic Advisers. So far this year, outflows from US equity funds have more than doubled to nearly $87 billion, while more than $100 billion has flowed into European equity funds — up threefold on the same period last year, analysis from LSEG's Lipper Fund research database showed. However, Wall Street is warning that the minor reallocation of capital from the US at the start of the year could be coming to an end as the early impact of Trump's tariffs is less severe than feared. Stuart Kaiser, Citi's head of US equity trading strategy, said: 'There was a period of probably six out of nine weeks where you saw net selling of US ETFs [exchange-traded funds] and long-term mutual funds. So I think the initial shock of the tariff headlines did hurt consumer sentiment and did hurt investor sentiment, but it does also feel like those investors are kind of re-engaging back in.' The UK cannot only rely on America's problems alone to attract more investment. Policymakers need to come up with a catalyst to entice more investment away from the US. Louisa Clarence-Smith is US Business Editor of The Times
The Sun
14 minutes ago
- The Sun
Amazon is giving away free Echo speakers worth £45 to customers this week – how to claim yours
AMAZON subscribers could bag a pair of free Echo speakers worth £45, with even more great deals in the coming days. With the deal automatically included in your Prime membership, make sure you make the most of the unmissable offer this July. 1 And Prime Day is upon us which means shoppers can snap up some mega deals. This year, the event has been extended to four days, running from July 8 till July 11. This is the longest time the sales event has run for, initially launching in 2015 as a 24-hour event and later being extended to two days long. It gives shoppers more time to find the best bargains across beauty, tech and homeware sections. And punters can scoop two Echo Pop speakers for a paltry £45.98. The total price for this huge bundle of smart devices usually costs a whopping £109.97, meaning customers will snag an extra Echo Pop free of charge. The only thing you'll need to claim is a Prime account which will set you back £8.99 per month. If you don't already subscribe to Prime, don't panic, as Amazon is currently offering a month of access for free. Amazon offers students a special Prime Student membership that comes with all the same perks as regular Prime but at a serious discount – just £4.49 monthly. AMAZON PRIME SHOPPING TIPS Amazon runs two Prime Day events a year, one in July and one in October. For the first time, the shopping event spans four days – but don't expect everything to stay live that long. Amazon Prime cancels beloved drama despite show having two-season order and furious fans vow to boycott streamer The Prime Day sale is set to end on July 11, 2025, but the best bargains typically sell out in just hours (sometimes even minutes), especially on popular tech, toys, and homeware. The event can be exciting for shoppers, but it is important not to get carried away and make impulse purchases which aren't good value. The Sun previously spoke to Liz Hunter, commercial director at price comparison website Money Expert, who said shoppers should be wary of unknown brands. She said: "While searching on Amazon, you're likely to come across products from random, unrecognisable brands. "These products often undercut key players on price, but without brand reputation, you risk sacrificing quality and durability." Meanwhile, Tom Church, founder of previously said shoppers should take advantage of offers on garden tools and tech gadgets. Top 10 Amazon Prime Day deals Amazon Prime Day is running from 8th-11th July - here's our pick of the 10 best deals for Prime members. * If you click on a link in this boxout we will earn affiliate revenue Shark FlexBreeze HydroGo Cordless Fan, £99.99 (was £129.99) - buy here Eufy G50 Robot Vacuum Cleaner, £99.99 was (£199.99) - buy here Ninja Foodi Dual Zone Digital Air Fryer, £124.99 (was £218.99) - buy here Echo Dot + Ring Video Doorbell, £65.99 (save 57%) - buy here Amazon Fire TV Stick 4K, £27.99 (was £59.99) - buy here L'Oréal Paris Anti-Ageing Day Cream, £13.99 (was £29.99) - buy here Weleda Skin Foodn Moisturiser, £8.55 (was £12.07) - buy here Remington Advanced Coconut Therapy Hair Straightener, £52 (was £139.99) - buy here Ninja Foodi StaySharp Knife Block, £159.99 (was £249.99) - buy here Xinwild Wireless Earbuds, £21.99 (was £129.99) - buy here Just remember: to qualify for these offers you need to be signed up to Prime. We've rounded up more great offers here:
Reuters
19 minutes ago
- Reuters
Space industry urges US Congress not to axe system that prevents satellite collisions
WASHINGTON, July 8 (Reuters) - Hundreds of U.S. companies on Tuesday urged Congress to back off a plan to kill a small federal office tasked with managing satellite traffic in space, a badly needed civilian effort initiated by President Donald Trump's first administration but now imperiled by cuts. The White House's 2026 budget proposal seeks $10 million for the National Oceanic and Atmospheric Administration's Office of Space Commerce, an 84% cut from the office's 2025 funding that would terminate Traffic Coordination System for Space (TraCSS), a civilian system to help prevent satellite collisions and alert operators of potential crashes. Four-hundred and fifty companies from seven different industry groups, including Elon Musk's SpaceX and Amazon's (AMZN.O), opens new tab Kuiper satellite unit, wrote in a joint letter on Tuesday to the Senate committee overseeing NOAA that without funding TraCSS, "U.S. commercial and government satellite operators would face greater risks – putting critical missions in harm's way, raising the cost of doing business, and potentially driving U.S. industry to relocate overseas." The rise of vast satellite constellations like SpaceX's Starlink and heightened military and commercial activities in Earth's orbit have driven up risks of collisions between the roughly 12,000 active satellites in space and thousands more pieces of uncontrollable junk, prompting efforts to create what is essentially a civil air traffic control system for space. Audrey Schaffer, vice president of strategy and policy at space-tracking firm Slingshot Aerospace, said the cuts would forfeit an opportunity to shape global space traffic control as the U.S. did decades ago for international air traffic control standards, while Europe and China develop their own satellite traffic systems. "It's really important that there be coordination amongst these different systems, so we don't have this fragmented system," Schaffer said. "If the U.S. doesn't have a system that it brings to the table, I'm not really sure how the U.S. exercises any leadership in the establishment of international space traffic management." The Pentagon has long managed a space traffic database called Space-Track, but defense and industry officials argue that responsibility detracts from its national security mission and risks conflating an essential safety service with military interests as other countries seek improvements to global satellite coordination. The space industry in 2020 praised Trump's first administration for directing the NOAA office to absorb the Pentagon's space-tracking function and improve efforts to fuse satellite position data from countries and companies. The office has since released a trial version of TraCSS currently in use by some companies ahead of a full release planned for early next year. But the Trump administration in a budget document last month explained it wants to terminate TraCSS because it did not complete the system during the prior administration and that private companies "have the capability and the business model" to do space traffic coordination on their own. The two largest space industry organizations - the Commercial Space Federation and the American Institute of Aeronautics and Astronautics - wrote in another letter protesting the termination of TraCSS to senators on Monday that "industry believes that maintaining a basic SSA service at no cost to the end user is inherently a government function."
