17 h. ago Between ‘rollover UK’ and ‘retaliatory China’: will EU hardball secure trade deal with US?

Optimism is growing in Brussels, but high-risk strategy has only weeks to play out before pause in tariff threat endsIn Brussels’ corridors of power, quiet optimism is growing that the EU’s hardball strategy to secure a US trade deal is working. While Britain quickly moved to try to cushion the impact of Donald Trump’s tariffs with a deal agreed last month – and US-Chinese relations are a tit-for-tat situation – the EU has taken a different stance. “We are positioning ourselves between ‘rollover UK’ and ‘retaliatory China’,” said a Brussels source.The stakes are not just the £706bn in transatlantic trade between the EU and US but the fallout from what diplomats and businesses say is a dangerous assault on the global rules-based system that governs western democracy. Continue reading...

Economics

32 h. ago Officer who used excessive force allowed to plead guilty to misdemeanor after felony conviction

A Los Angeles sheriff’s deputy will serve four months in prison on a misdemeanor conviction for using excessive force after the new Trump-appointed U.S. attorney offered an unusual plea deal despite a jury convicting him of a felony

Events

38 h. ago Immigrant rights groups sue to invalidate Trump administration's El Salvador prison deal

A coalition of immigrant rights groups is suing to invalidate the Trump administration's deal to house detainees in a notorious prison in El Salvador

Events

45 h. ago Trump and China’s Xi speak after president calls trade adversary ‘extremely hard to make deal with’

US, Chinese leaders speak after Trump calls Xi ‘very tough’ on Truth Social

Politics

66 h. ago Trump’s ‘big, beautiful bill’ could add $2.4tn to national debt, nonpartisan analysis says – US politics live

Congressional Budget Office assessment comes as Musk is among prominent critics of the bill; Mexico says it will act over tariffs if no trade deal agreedThe Trump administration has reversed its decision to revoke the legal status of a four-year-old girl, receiving continuing life-saving treatment in the US, and her family after a national outcry.Deysi Vargas, her husband and their daughter – whom lawyers identified by the pseudonym Sofia – had come to the US in 2023 to seek medical care for their daughter who has a rare condition that requires specialized treatment. But in April, the federal government ended their humanitarian parole, a temporary status granted to people on urgent humanitarian grounds, and ordered them to “self-deport”. Continue reading...

Politics

67 h. ago Keir Starmer promises Donald Trump trade deal will be in force in 'very short time'

The PM insisted the government is "working on it" to bring steel tariffs down to zero - as he promised when the deal was announced last month

Politics

2 d. ago Ombudsman proposes changes to interest levels applied to compensation

The ombudsman can currently direct businesses to pay 8% interest on top of the compensation for the period their customer was out of pocket.

Politics

2 d. ago PMQs: Keir Starmer trumpets UK as 'only country in world' spared Donald Trump's 50% steel tariff

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

2 d. ago Starmer admits finalising his US trade deal could take WEEKS after Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Economics

3 d. ago Why Starmer has five weeks to prove his Trump trade deal is worth the paper it’s written on

The intense talks on Tuesday night may have been about stopping 50 per cent steel tariffs, but at the heart of it whether politicians can prove their credibility, says political editor David Maddox

Politics

3 d. ago Relief as Trump spares UK steel industry from latest 50% tariffs

Donald Trump is offering 'different treatment' to Britain after doubling tariffs on imports from other countries to 50 per cent.

Politics

3 d. ago Britain spared Trump's new 50% steel tariffs but industry remains gripped by uncertainty

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

3 d. ago Trump is ‘obsessed’ about having a call with China’s Xi this week to hammer out trade deal, insiders reveal

A person familiar with the matter reportedly said the administration is “under a lot of pressure” following China’s critical minerals blockade

Politics

3 d. ago UK’s steel industry spared Trump’s new 50 per cent tariffs – but exemption deal still not in place

US president decides to ‘provide different treatment’ to UK after deal struck last month

Economics

3 d. ago Fears British steel exports could be hammered with Trump's latest 50% tariffs TOMORROW as No10 admits there is STILL no timetable for Starmer's 'trade deal' to be finalised

Keir Starmer and Donald Trump announced the broad terms of an agreement almost a month ago that would exempt the UK from some of the US president's punitive levies on steel and cars.

Economics

3 d. ago Fears British steel exports could be hammered with Trump's latest tariffs TOMORROW as No10 admits there is STILL no timetable for Starmer's 'trade deal' to be finalised

Keir Starmer and Donald Trump announced the broad terms of an agreement almost a month ago that would exempt the UK from some of the US president's punitive levies on steel and cars.

Economics

3 d. ago Bank of England chief warns interest rate cuts now 'more uncertain' as OECD downgrades growth forecasts and says inflation will 'linger'

Andrew Bailey said the prospects for easing the burden on Brits was 'shrouded in a lot more uncertainty', largely due to Donald Trump 's trade war.

Events

4 d. ago Do we have a US trade deal or not? Business Secretary meets Trump officials amid fears there is STILL no timetable for terms to be finalised

Sir Keir Starmer and Mr Trump announced the broad terms of an agreement almost a month ago that would excise the UK from some of the US president's punitive levies on steel and cars.

Politics

4 d. ago Global economy to slow as Donald Trump’s trade wars hit growth, OECD warns – business live

Rolling coverage of the latest economic and financial news, as OECD forecasts global growth will slow to 2.9% in 2025 and 2026UK will slump to 1% growth next year as Trump tariffs bite, says OECDUS firms say Trump trade war is hitting production as dollar nears three-year lowUS economic growth is expected to slow markedly to 1.6% in 2025 and 1.5% in 2026, the OECD says.That’s relatively weak growth by recent standard, and slower than the “robust” growth of 2.8% recorded in 2024.Annual headline inflation is set to pick up to 3.9% by end-2025 due to higher import prices but is expected to ease throughout 2026, aided by moderate GDP growth and higher unemployment.Risks to the growth projection are skewed to the downside, including a more substantial slowing of economic activity in the face of policy uncertainty, greater-than-expected upward pressure on prices from tariff increases, and large financial market corrections. Continue reading...

Events

4 d. ago Bank of England neglected climate and nature risk, say former senior staff

Ex-employees tell FT that climate change was deprioritised under governor Andrew Bailey

Events