60 h. ago UK’s FTSE 100 share index hits record high; US jobs market weakens as companies cut workers – business live

FTSE 100 hits record high as global stocks celebrate best September since 2013UK business confidence falls to record low amid rising employment costsOver in the eurozone, the manufacturing sector has slipped back into contraction.Data firm S&P Global reports that factory operating conditions across the euro area deteriorated in September, due to a reduction in new order inflows and a sharper rate of job shedding. Continue reading...

Economics

3 d. ago Business news live: UK economy grew 0.3% in second quarter but production in damaging decline

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

Economics

3 d. ago Business news live: UK economy grew 0.3% in second quarter as slowdown confirmed

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

Economics

4 d. ago JLR to resume some manufacturing in coming days after hack: GSK shares rise 3% after surprise CEO change – business live

JLR says “controlled, phased restart” of its operations continues, as GSK appoints a new boss to succeed Dame Emma Walmsley.GSK’s Emma Walmsley to be replaced as chief executiveInside the Jaguar Land Rover hack: stalled smart factories, outsourced cybersecurity and supply chain woesEmma Walmsley’s departure as CEO of GSK at the end of the year will be the “end of an era”, says Derren Nathan, head of equity research at Hargreaves Lansdown.Nathan explains:“The first ever female CEO of a major pharmaceutical company, Dame Emma Walmsley, is set to hand over GSK’s reins on New Year’s Day 2026. One of her key achievements was the demerger of Haleon, the company behind consumer health brands such as Beechams. That not just strengthened GSK’s balance sheet but also sharpened the group’s focus on speciality medicines and vaccines. There’s an exciting pipeline ahead and, this year alone, GSK’s on track for five major regulatory approvals. Her reign also saw a line drawn in the sand in the Zan...

Economics

7 d. ago UK fuel retailers accused of ‘ripping off’ motorists at the pumps; markets shrug off latest Trump tariffs – business live

Rolling coverage of the latest economic and financial newsTrump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinetsAndy Burnham alarms investors with call to end UK dependence on foreign lendersDonald Trump’s overnight threat to impose 100% tariffs on pharmaceuticals from companies not based in the US has been met with fresh uncertainty across Europe.The Germans and the EU-wide trade body have expressed concern while Ireland and Brussels says it remains confident that the 15% tariff rate agreed in July will apply to European drugs exported to the US.“The EU and US already have a trade agreement in place; urgent discussions are needed on how to avoid any tariffs on medicines that harm patients in the EU and the US.”“I want to stress that the EU and US joint statement issued on August 21 made absolutely clear that any new tariffs announced by the US on pharmaceuticals would be capped at 15% for pharma products being exported by the EU.”“This remains the case an...

Economics

7 d. ago European markets largely shrug off Trump tariffs on pharmaceuticals, trucks and kitchen cabinets – business live

Rolling coverage of the latest economic and financial newsTrump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinetsAndy Burnham alarms investors with call to end UK dependence on foreign lendersDonald Trump’s overnight threat to impose 100% tariffs on pharmaceuticals from companies not based in the US has been met with fresh uncertainty across Europe.The Germans and the EU-wide trade body have expressed concern while Ireland and Brussels says it remains confident that the 15% tariff rate agreed in July will apply to European drugs exported to the US.“The EU and US already have a trade agreement in place; urgent discussions are needed on how to avoid any tariffs on medicines that harm patients in the EU and the US.”“I want to stress that the EU and US joint statement issued on August 21 made absolutely clear that any new tariffs announced by the US on pharmaceuticals would be capped at 15% for pharma products being exported by the EU.”“This remains the case an...

Economics

7 d. ago Trump rattles investors with new tariffs on pharmaceuticals, trucks and kitchen cabinets – business live

Rolling coverage of the latest economic and financial newsTrump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinetsAndy Burnham alarms investors with call to end UK dependence on foreign lendersShares in UK pharmaceuticals giant AstraZeneca have dropped by 1.4% at the start of trading in London.AstraZeneca are the biggest faller on the FTSE 100 share index.UK Pharma giant AstraZeneca could be better placed than some of its European rivals, due to promised extra investment in the US that has already been announced, and the President’s promise to treat the UK differently when it comes to pharma tariffs.Thus, the FTSE 100 could be a relative ‘safe haven’ in the middle of this latest tariff storm. Continue reading...

Economics

9 d. ago Business news live: Another pharma firm criticises UK, Spanish energy company to invest €20bn in Britain

Stock market news plus latest business and personal finance updates from Wednesday

Economics

1 week ago Business news live: FTSE 100 falls and US takes $1.36bn in tariffs from goods sold in UK

Stock market news plus latest business and personal finance updates from Monday

Economics

2 w. ago Business news live: UK retail sales up but £18bn government borrowing makes tax rises ‘all but certain’

Stock market news and latest business and personal finance updates from Friday

Economics

2 w. ago Business news live: UK retail sales up but £18bn government borrowing makes tax rise ‘all but certain’

Stock market news and latest business and personal finance updates from Friday

Economics

2 w. ago Australian politicians rally behind ABC journalist after clash with Donald Trump

US president accuses John Lyons of ‘hurting Australia’ after reporter asked about his White House business dealingsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s politicians have thrown their support behind an ABC journalist who was berated by Donald Trump after asking questions about the US president’s personal business dealings in Washington DC on Tuesday.Trump was answering questions on the White House lawn when he clashed with the ABC’s Americas editor, John Lyons, who said he was reporting for Four Corners. Continue reading...

Politics

2 w. ago US agrees commercial terms on TikTok sale, as Trump says China talks went ‘very well’ – business live

Rolling coverage of the latest economic and financial news, as Beijing escalates its inquiry into Nvidia over takeover of Mellanox Today’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our s...

Politics

2 w. ago First annual drop in UK house asking prices since January 2024

Rolling coverage of the latest economic and financial newsToday’s warnings about higher food prices coming in the UK are likely to cause fresh worries about how long borrowers will have to wait until Bank of England policymakers vote for another cut, reports Susannah Streeter, head of money and markets at Hargreaves Lansdown.Streeter adds:They are set to leave the base rate unchanged on Thursday and aren’t expected to make a move until next Spring.The Food and Drink Federation is forecasting food inflation could reach 5.7% by the end of December and still be running at 3.1% by the end of 2026. Higher employer and packaging taxes are being blamed for increasing costs for companies, which they can no longer absorb.“I’m delighted that we are on track to deliver yet another period of double-digit revenue growth and a strong profit performance, whilst maintaining our globally leading customer service standards.Our strategy as set out at our full year results is working and we have an exc...

Politics

3 w. ago Business news live: Firms demand ‘no more taxes’ in Budget as economy stalls

Economic and stock market news and latest business and finance updates from Friday

Economics

3 w. ago Business news live: Firms demand ‘no more taxes’ in Budget as economy stalls, FTSE 100 rises again

Economic and stock market news and latest business and finance updates from Friday

Economics

3 w. ago Business news live: Economic growth continues to slow as firms demand ‘no more taxes’ in Budget

Economic and stock market news and latest business and finance updates from Friday

Economics

3 w. ago Business news live: Klarna see same growth ‘in 4 hours to Wise in 4 years’, UK inflation expected to stay at 3.8%

Stock market news and latest business and finance updates from Thursday

Economics

3 w. ago Business news live: Klarna IPO success compared to Wise struggles, Elon Musk regains richest person tag

Stock market news and latest business and finance updates from Thursday

Economics

3 w. ago Business news live: Klarna shares soar after huge IPO, Elon Musk regains richest person tag

Stock market news and latest business and finance updates from Thursday

Economics