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Bank of England governor urges EU trade rebuild as key summit looms
The Bank of England governor emphasized the importance of strengthening economic ties with the European Union to enhance trade stability and support long-term financial growth ahea...
Read Full Article →British Airways owner agrees $13bn deal to buy 32 Boeing planes
The recent $13 billion purchase of 32 Boeing aircraft by British Airways’ parent company highlights a major investment following the new US-UK trade deal that reduced tariffs on ae...
Read Full Article →Ten UK energy firms to pay £7m in compensation after overcharging error
Following an investigation by the energy regulator, multiple UK electricity providers will distribute £7 million in refunds to over 34,000 customers due to incorrect billing of fix...
Read Full Article →‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI
CrowdStrike plans to reduce its global headcount by 5%, attributing the decision in part to operational improvements driven by the integration of artificial intelligence technologi...
Read Full Article →China exports beat expectations despite slump in trade with US
China’s overall export growth exceeding predictions in April highlights the country's resilient trade performance despite a notable decline in shipments to its major partner, the U...
Read Full Article →Trade deals, global wars and AI Jedi posts: where is Trump’s focus? – podcast
The recently revealed US-UK trade agreement framework and newly imposed tariffs on imported films could impact international commerce and domestic entertainment markets, reflecting...
Read Full Article →Alex Mashinsky of cryptocurrency firm Celsius Network sentenced to 12 years
The conviction and lengthy imprisonment of Alex Mashinsky highlight the substantial legal and financial repercussions stemming from fraudulent activities within the collapsed digit...
Read Full Article →Trump hails trade deal with ‘oldest ally’ UK – but what about the details?
The proposed commercial arrangement between the U.S. and the UK promises potential economic benefits, though experts emphasize that key financial terms and conditions have yet to b...
Read Full Article →Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff
The recent agreement between the UK and the US provides temporary relief for certain manufacturing sectors by easing tariffs, potentially preserving jobs, but it lacks long-term st...
Read Full Article →New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain
The recent US-UK agreement lowers tariffs on key automotive exports, providing financial benefits to manufacturers, though uncertainties and limited broader economic changes contin...
Read Full Article →Trump says US-UK trade deal framework ‘maxed out’ as British ambassador describes it as ‘starting po...
The initial US-UK trade arrangement is viewed as a preliminary step that could influence future economic exchanges, with potential impacts on various industries and agricultural se...
Read Full Article →UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
The reduction in borrowing costs aims to support economic activity amid ongoing challenges, potentially influencing lending rates for consumers and returns on savings in the UK fin...
Read Full Article →Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
The new agreement reduces American import fees on British automobiles, steel, and aluminium, potentially boosting exports and strengthening economic ties between the UK and the US.
Read Full Article →British Gas owner suffers shareholder rebellion over CEO pay packet
A significant portion of Centrica’s investors expressed opposition to executive compensation amidst growing concerns over the financial strain faced by consumers dealing with incre...
Read Full Article →Trump and Starmer confirm ‘breakthrough’ US-UK trade deal
The new agreement between the United States and United Kingdom is anticipated to significantly reduce duties on key industrial and automotive products, potentially enhancing bilate...
Read Full Article →Why studying economics is so important | Letters
Understanding economic principles is crucial for interpreting market behaviors and policy impacts, as financial decisions are often driven more by confidence and context than by is...
Read Full Article →Mood-boosting rate cut is a fillip for Reeves but leaves future uncertain
The recent reduction in borrowing costs aims to stimulate economic activity and consumer confidence, though differing opinions among policymakers contribute to uncertainty about up...
Read Full Article →EU targets US aircraft and car exports in new list of potential tariffs
The proposed EU tariffs on various American goods, including vehicles and aircraft, could significantly impact US manufacturers and exporters while prompting a strategic response t...
Read Full Article →Bank of England cuts UK interest rates to 4.25% as trade war threatens economy – business live
The recent interest rate reduction by the Bank of England reflects efforts to address economic challenges amid global trade tensions and rising uncertainties influencing inflation...
Read Full Article →Starmer and Trump to announce UK-US trade deal
The upcoming announcement marks a significant development in transatlantic commerce, potentially enhancing bilateral economic relations and setting a precedent for future trade pol...
Read Full Article →Why is Trump considering raising taxes on millionaires? | Alex Bronzini-Vender
A proposal to increase taxes on high earners could significantly impact government revenue and wealth distribution, reflecting a notable shift in traditional fiscal policy approach...
Read Full Article →Trump tariffs to hit small farms in Maga heartlands hardest, analysis predicts
New research indicates that trade policies implemented during Trump’s administration have financially disadvantaged smaller agricultural operations, potentially accelerating indust...
Read Full Article →Next sales buoyed by unusually warm spring weather in UK
The retailer’s stronger-than-anticipated revenue performance, driven by favorable seasonal conditions, contributed significantly to its ongoing profitability and exceeded financial...
Read Full Article →Varun Chandra: Starmer adviser proving ‘vital link’ for Labour in US trade talks
Varun Chandra’s involvement in negotiations with US officials has been crucial in finalizing an agreement aimed at lowering tariffs, potentially enhancing trade and economic opport...
Read Full Article →‘Outdated and unjust’: can we reform global capitalism?
Recent trade tensions have disrupted international markets, prompting countries to reevaluate their economic strategies amid ongoing challenges that highlight deeper issues within...
Read Full Article →Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy
The Federal Reserve highlighted economic risks related to rising prices and potential job losses, choosing to keep interest rates steady while expressing concern over recent trade...
Read Full Article →Has UK-India trade deal ‘sold out British workers’ as Farage and Badenoch claim?
The recently finalized UK-India trade pact is expected to boost various sectors, including fashion, whisky, and automotive, potentially generating significant additional trade reve...
Read Full Article →Ill winds are blowing for Labour’s 2030 deadline for clean energy
The cancellation of a major offshore wind project highlights the financial risks and challenges involved in achieving the ambitious £200 billion investment plan for clean energy in...
Read Full Article →Can Trump fire Federal Reserve chair Jerome Powell?
The ongoing tension between the president and the Federal Reserve leader has raised concerns about potential impacts on interest rate policies and overall market stability in the U...
Read Full Article →BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
BMW’s chief executive anticipates a reduction in import duties by mid-year, following a significant decline in the company’s first-quarter earnings compared to the previous period.
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