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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Read Full Article →‘Outdated and unjust’: can we reform global capitalism?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.
Read Full Article →Trainline shares tumble amid warnings over expansion of London contactless zone
The company's stock declined notably due to concerns about challenges from transportation policy changes and a potential decrease in international travel demand, impacting its futu...
Read Full Article →Tory Brexiters contradict Badenoch criticism of UK-India trade deal
Senior Conservative figures highlight that the UK-India trade agreement is expected to boost economic growth and lower consumer costs, emphasizing that temporary tax relief for sec...
Read Full Article →Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off
Novo Nordisk's reduced earnings outlook reflects challenges in maintaining sales momentum for its obesity treatment, as competitive pressures from US rivals increasingly impact its...
Read Full Article →China to cut interest rates in response to trade war with US
The central bank's decision to lower borrowing costs and increase liquidity aims to support economic stability and stimulate growth amid escalating tensions affecting international...
Read Full Article →Why are the Democrats greenlighting Trump’s crypto plans? | Corey Frayer
The recent bipartisan legislation enabling government payments via stablecoins could significantly impact financial security and regulatory oversight by allowing cryptocurrencies l...
Read Full Article →Two-thirds of global heating caused by richest 10%, study suggests
The study highlights that the disproportionate emissions of the wealthiest individuals have significant implications for climate-related financial policies and funding aimed at sup...
Read Full Article →Amazon makes ‘fundamental leap forward in robotics’ with device having sense of touch
The introduction of advanced robotics capable of handling most warehouse items is expected to enhance operational efficiency at Amazon, potentially impacting labor costs and workfo...
Read Full Article →Looming US-China trade talks lift Asian stock markets; China cuts interest rates – business live
The recent reduction in borrowing costs by China, coupled with anticipated negotiations between major economies, has briefly buoyed regional equity prices despite underlying econom...
Read Full Article →What to do if your UK passport is lost or stolen: steps you need to take
Replacing a lost or stolen UK passport involves application fees and potential additional costs for expedited services or emergency travel documents, which can impact travel budget...
Read Full Article →British Gas is struggling to accept that my sister is dead
Ongoing billing issues with British Gas following a customer’s death have led to prolonged disputed charges, highlighting potential financial complications for estate management an...
Read Full Article →Why Donald Trump’s plan to weaken the dollar is flawed | Kenneth Rogoff
A proposed strategy to reduce the dollar’s value aims to address trade imbalances and support domestic manufacturing, but its potential impact on global markets and economic stabil...
Read Full Article →UK savers urged to ‘act now’ before interest rates start falling
Financial advisors recommend that individuals consider locking in higher-yield savings options promptly, as imminent reductions in the Bank of England’s rates may diminish future r...
Read Full Article →China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin
The scheduled discussions between Chinese and US officials aim to address the economic consequences of recent tariffs, which have affected international trade stability and market...
Read Full Article →From the archive: Food fraud and counterfeit cotton: the detectives untangling the global supply cha...
Uncovering counterfeit goods in global markets is crucial for protecting economic value, as deceptive practices can lead to significant financial losses for businesses and consumer...
Read Full Article →Court clash between Meta and NSO ends in $168m defeat for spyware firm
The court's decision requiring NSO to pay over $168 million to Meta highlights the substantial financial consequences spyware companies may face for illegally exploiting software v...
Read Full Article →Trump and Carney discuss US-Canada relations in tense meeting – video highlights
The ongoing trade disagreements between the US and Canada could impact tariffs, influencing cross-border industries like automotive and steel, thereby affecting economic relations...
Read Full Article →More than 8 million New Yorkers will get inflation refund checks, says governor
The governor revealed a $2 billion initiative aimed at providing financial relief to over 8 million residents, alongside additional support programs for students across the state.
Read Full Article →Shell doesn’t need to bid for BP
Investors may favor companies focusing on returning capital through buybacks rather than pursuing complex acquisitions, which can involve significant costs and strategic uncertaint...
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