3 hours ago Nationwide Building Society: major UK bank says £2.3bn gain from takeover deal will benefit account customers

The windfall will be to the ‘benefit of customers’ according to the chief executive 💼

Economics

7 hours ago Trump’s trade tariffs would threaten economic growth, Bank of England’s Lombardelli warns – business live

Rolling coverage of the latest economic and financial newsTrump’s tariff threat sets stage for bitter global trade warUS tariffs would also have an impact on American consumers.Economists at Deutsche Bank have calculated that if Trump’s threatened tariffs were fully implemented, US core PCE inflation for 2025 could increase from 2.6% to 3.7%.“With the potential threat of tariff hikes in 2025, it’s likely China’s policymakers would come up with further stimulus packages to counter downward economic growth pressure from domestic cyclical weakness and increased external uncertainty.There remains plenty of scope for China to surprise the markets.” Continue reading...

Economics

17 hours ago Tractor driver, 57, arrested after speeding through flooded high street was allegedly rushing to save a child and 'is deeply sorry for the damage caused', friends say

EXCLUSIVE: The swell crashed through windows and doors of businesses in Tenbury Wells, Worcestershire after the River Teme burst its banks during Storm Bert on Sunday.

Events

29 hours ago 2025 bank holidays: UK to get extra bank holidays to mark anniversary of major event

A four-day weekend could be coming in 2025 🎉

Politics

39 hours ago Robison advised to ‘bank’ some of Budget spending boost ahead of tough choices

The Finance Secretary would be wise to carry over some of the additional £1.5 billion from the UK Budget this year, the IFS think tank has said.

Economics