34 minutes ago UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds

Business and Trade Secretary Jonathan Reynolds said Donald Trump’s plans were ‘the big question facing global trading relationships’.

Politics

6 hours ago Ministers 'bow to pressure to reconsider electric vehicle sales rules' after manufacturers issued dire warnings of job losses and lost investment

Business Secretary Jonathan Reynolds is expected to announce a 'fast track' consultation into proposed changes following intense lobbying by firms.

Events

7 hours ago Ministers 'bow to pressure to ease electric vehicle targets' after manufacturers issued dire warnings of job losses and lost investment

Business Secretary Jonathan Reynolds is expected to announce a 'fast track' consultation into proposed changes following intense lobbying by firms.

Events

27 hours ago Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference organised by King’s Business School this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made g...

Society

27 hours ago Kemi Badenoch admits Tories lost support of business – when she was business secretary

In her first major speech since succeeding Rishi Sunak, the Tory leader said she was not surprised at how many bosses flocked to meet Sir Keir Starmer and Rachel Reeves before the general election

Politics

30 hours ago Wall Street heading for record high after Scott Bessent nominated as US Treasury secretary; Barclays fined £40m over 2008 Qatari deal – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference at the Bank this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made good progress on disinfla...

Economics