For almost six decades Hornby has watched Scalextric drive revenues for its hobby business but on Friday the company said it had decided to sell the famous slot car racing brand for £20m to a little-known buyer.
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Since Donald Trump entered the White House for the second time, the U.S. import taxes faced by Morph, which supplies Walmart and Target, have lurched wildly—from zero tariffs to 20% tariffs to 50% tariffs, before briefly flirting with 145% tariffs. The figure fell back to 20%, before the Supreme Court intervention last week ruled the tariffs illegal, which brought them back down to zero. The president then announced a new 10% tariff, although there is some confusion about whether he actually means 15%.
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But when Fretwell looked at the satellite pictures, he saw few signs of the birds.