Theresa May has backed Philip Hammond’s controversial National Insurance changes, but bowed to rebel Tory MPs by retreating on when they will be introduced. Instead of being included in the Finance Bill, which implements the Budget, they will be brought in as part of separate legislation in the autumn, the Prime Minister announced. And in

SOUTH KOREAN BUSINESSES WERE RATTLED FRIDAY BY SIGNS THAT THE DEPLOYMENT OF A CONTROVERSIAL U.S. MISSILE SYSTEM IN THE COUNTRY COULD SPARK A TRAVEL BOYCOTT BY CHINA. The government in Seoul said it believed Chinese authorities had told travel agencies in Beijing to stop selling trips to South Korea, intensifying fears of a trade war