3 d. ago UK exports to US hit lowest level since January 2022 as tariffs bite – business live

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks in SeptemberChancellor Rachel Reeves is harking back to the happier days of stronger growth in the first two quarters of this year.Responding to this morning’s GDP figures, Reeves says:“We had the fastest-growing economy in the G7 in the first half of the year, but there’s more to do to build an economy that works for working people.At my Budget later this month, I will take the fair decisions to build a strong economy that helps us to continue to cut waiting lists, cut the national debt and cut the cost of living.” Continue reading...

Economics

5 d. ago At least 12 killed in suicide bombing outside court in Pakistan’s capital, interior minister says

Ministry says suicide bomber detonated explosives during one of the court’s busiest hours

Events

8 d. ago Carney survives two confidence votes on budget, quashing fears of winter election

Minority government benefitted from opposition members voting across the aisle, paving way for billions in spendingCanada’s prime minister Mark Carney’s minority government has survived two confidence votes on its budget, quashing fears – for now – of a winter federal election.The Liberals managed to pass the second of three votes on the plan on Friday, paving the way for tens of billions in new spending. Continue reading...

Politics

9 d. ago Top court says no one blames pilot for Air India crash and hits out at ‘nasty’ media reports

Supreme Court tells late captain’s father to not ‘carry this burden that your son is being blamed’

Events

1 week ago ‘We’re leading the way’: Starmer defends plans for green economy before Cop30

PM defies critics calling for a slowdown as he flies to Brazil, where he may have frosty reception after opting out of tropical forest fundUK opts out of flagship fund to protect Amazon and other threatened tropical forestsThe UK will lead on tackling the climate crisis, the prime minister vowed on Wednesday, despite critics calling for a slowdown, because shifting to a low-carbon economy will cut bills, boost economic growth and bring national renewal.But his words risked being overshadowed by a bitter row over funding for tropical forest preservation at the UN Cop30 climate conference. Continue reading...

Politics

1 week ago Canada budget adds tens of billions to deficit as Carney spends to dampen Trump tariffs effect

Entitled ‘Canada Strong’ the 2025 budget envisions significant new defence spending, a reduction of the civil service and ‘generational investments’A protracted trade war with the United States and a weakening domestic economy has forced Mark Carney to run a deficit tens of billions larger than initially forecast in his first-ever federal budget.The spending plan, titled “Canada Strong” envisions significant new defence spending, a reduction of the country’s civil service and “generational investments” that would reshape the nature of the country’s economy. Continue reading...

Economics

1 week ago Moroccan court sentences man accused of trafficking people to scam compound in Asia

A Moroccan court has sentenced a man to five years in prison in the country’s first ruling against someone accused of luring people to work in a scam compound in Asia

Events

2 w. ago Canada Prime Minister Mark Carney APOLOGISES to Donald Trump over TV ad row after infuriated President hiked tariffs and ended trade talks

The ad uses a 'voiceover' from fellow Republican Reagan - US President between 1981 and 1989 - saying tariffs caused trade wars and economic disaster.

Politics

2 w. ago Canada’s Mark Carney says he apologised to Trump after president was ‘offended’ by Ronald Reagan ad

Trump branded the ad ‘crooked’ and suspended trade talks with Canada

Politics

2 w. ago Inside the ‘House of Horrors’ mass murder case that rocked India – and may never be solved

Nearly two decades after the chilling discovery of mutilated bodies in drains behind a bungalow in a village near Delhi, India’s top court is now poised to overturn the last remaining conviction in the serial murder case. Speaking to Namita Singh, parents of the victims say they are losing hope in receiving justice

Events

2 w. ago Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free tradeThe Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended.In a stark message to Asia-Pacific leaders at the Apec summit in South Korea on Friday, Carney said rules-based open trade no longer worked in a global economy that was undergoing one of its most profound periods of change since the fall of the Berlin Wall in 1989. Continue reading...

Politics

2 w. ago Carney accuses Trump of being too 'emotional' after president canceled trade negotiations over Reagan ad

Trump canceled ongoing trade negotiations with Carney last week and hit Canada with an additional 10 percent tariff after he was upset by an advertisement.

Politics

3 w. ago Canada’s PM Carney courts Asia to cut economic dependence on US

Prime minister begins first visit to Indo-Pacific since taking office as country seeks to double its trade with rest of world

Economics

3 w. ago Schumer says Democrats will force vote to overturn Canada tariffs as Carney says nation ‘stands ready’ to continue US trade talks – live

Democratic leader calls Canada tariffs ‘damaging’ and vows effort to overturn them; Canadian prime minister says he wants to see progress on trade negotiationsUS and Canada spar over anti-Trump tariff ad that suspended trade talksThe US secretary of state has confirmed Donald Trump’s announcement that all trade negotiations with Canada have been suspended.Marco Rubio spoke during a visit to a civil-military coordination centre in southern Israel. Continue reading...

Politics

3 w. ago Canada cuts tariff relief on some US cars due to Stellantis, GM ending some Canadian production

An official says the Canadian government is limiting how many vehicles Stellantis and GM can import tariff free after the automakers ended some production in Canada

Politics

3 w. ago Economist behind Ed Miliband's promise to cut Brits' energy bills by £300 admits savings could be 'wiped out' by rising electricity costs

Pawel Czyzak, who penned a 2023 report for energy think tank Ember , said the UK now faced 'a much different situation' to when he wrote the research.

Economics

3 w. ago The Toronto Blue Jays take aim at America's pastime as Canada

The Toronto Blue Jays have advanced to the World Series and have a chance of claiming the championship of America’s pastime at a time when U.S.-Canada relations remain near historic lows

Politics

last month Top Bank of England economist dents hopes of interest rate cuts due to 'stubborn' inflation

Chief economist Huw Pill said rates will probably need to be cut more slowly. The warning came with inflation in the UK the highest in the G7 at 3.8 per cent.

Economics