2 h. ago Davos: Reeves urges leaders to keep cool heads over tariff threat in free trade call – business live

Rolling coverage of the World Economic Forum in Davos, where European Commission president says Europe must respond to geopolitical shocksFull report: Trump tariffs over Greenland are an error, says Ursula von der LeyenScott Bessent then denies that European Union countries, and the UK, could exercise the “nuclear option” over the Greenland crisis, and dump their holdings of US Treasuries.Asked how the Treasury Department, and the White House, would prepare for this, Bessent insists it is a “completely false narrative”, and claims the media are “hysterical” over the issue.I would say this is the same kind of hysteria that we heard on April 2nd. There was a panic.What I am urging everyone here to do is sit back, take a deep breath, and let things play out.What president Trump is threatening on Greenland is very different than the other trade deals. So I would urge all countries to stick with their trade deals. Continue reading...

Politics

8 h. ago FTSE 100 Live 20 January: European stocks slump on Trump tensions, dollar weakens

The UK’s unemployment rate has stayed at the highest level for nearly five years, fuelled by deepening jobs woes in the retail and hospitality sectors.

Politics

8 h. ago Davos: US treasury secretary Scott Bessent urges Europe not to retaliate over Greenland tariffs – business live

Rolling coverage of the World Economic Forum in Davos, where Bessent claims reports Europe could sell Treasury bonds is ‘completely false narrative’Scott Bessent then denies that European Union countries, and the UK, could exercise the “nuclear option” over the Greenland crisis, and dump their holdings of US Treasuries.Asked how the Treasury Department, and the White House, would prepare for this, Bessent insists it is a “completely false narrative”, and claims the media are “hysterical” over the issue.I would say this is the same kind of hysteria that we heard on April 2nd. There was a panic.What I am urging everyone here to do is sit back, take a deep breath, and let things play out.What president Trump is threatening on Greenland is very different than the other trade deals. So I would urge all countries to stick with their trade deals. Continue reading...

Society

10 h. ago FTSE 100 Live 20 January: Markets under pressure, jobless rate at 5

The UK’s unemployment rate has stayed at the highest level for nearly five years, fuelled by deepening jobs woes in the retail and hospitality sectors.

Society

11 h. ago Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%Business live – latest updatesThe number of employed people in the UK has fallen again, particularly in shops, restaurants and hotels, reflecting weak hiring, while private sector wages grew at the slowest rate in five years, official figures show.Figures from the Office for National Statistics (ONS) showed the number of employees on payrolls fell by 184,000 in December compared with a year earlier, to 30.2 million. Continue reading...

Politics

33 h. ago Starmer says Trump’s tariff threat is 'completely wrong' and a trade war is in no one’s interest

U_K_ Prime Minister Keir Starmer says Donald Trump’s threat to impose tariffs on allies over Greenland is “completely wrong.”

Events

34 h. ago FTSE 100 Live 19 January: Markets lower amid tariffs threat, WH Smith surges

The FTSE 100 index is under pressure after Donald Trump threatened fresh tariffs on eight European countries including the UK.

Economics

34 h. ago FTSE 100 Live 19 January: Gold higher and index down amid Greenland tariffs threat

The FTSE 100 index is under pressure after Donald Trump threatened fresh tariffs on eight European countries including the UK.

Events

5 d. ago FTSE 100 Live 15 January: Index at record as GDP rebounds, Dunelm shares slump

The British economy shrugged off Budget uncertainty in November and grew by a faster than expected 0.3%, according to latest official figures.

Politics

5 d. ago FTSE 100 Live 15 January: GDP rebounds, Taylor Wimpey and Dunelm under pressure

The British economy shrugged off Budget uncertainty in November and grew by a faster than expected 0.3%, according to latest official figures.

Events

5 d. ago FTSE 100 Live 15 January: GDP rebounds, Taylor Wimpey facing margin pressure

The British economy shrugged off Budget uncertainty in November and grew by a faster than expected 0.3%, according to latest official figures.

Events

6 d. ago FTSE 100 Live 14 January: Index sets new record, Pearson and Hays fall after updates

Recruitment sector conditions remain tough after Hays today reported another big drop in net fees.

Politics

6 d. ago FTSE 100 Live 14 January: Pearson and Hays post updates, gold price record

Recruitment sector conditions remain tough after Hays today reported another big drop in net fees.

Politics

7 d. ago Eleven central bank chiefs defend Fed’s Jerome Powell over DoJ investigation; oil hits two

Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US tradeGlobal central bank officials are reportedly planning to release a coordinated statement of support for US Federal Reserve Chair Jerome Powell, after America’s top central banker was threatened with a criminal indictment.Reuters is reporting that the statement, which is expected to contain the signatures of central bankers from around the world, will back Powell and stress the need for independent central banking. Continue reading...

Events

7 d. ago FTSE 100 Live 13 January: Whitbread rallies, Games Workshop posts record profit

Housebuilder Persimmon and Premier Inn owner Whitbread are in the spotlight after publishing trading updates today.

Economics

7 d. ago Trump warns of ‘complete mess’ if supreme court rejects tariffs

US president speaks after saying that any country that does business with Iran will face 25% levy on trade with USBusiness live – latest updatesDonald Trump has said “it would be a complete mess” if the US supreme court were to strike down his global trade tariffs.In a lengthy post on social media, the US president said “WE’RE SCREWED” if the supreme court rules against the tariffs, before the decision, which could come as soon as Wednesday. It is a crucial legal test of his controversial economic strategy and his power. Continue reading...

Events

7 d. ago FTSE 100 Live 13 January: Persimmon and Whitbread post updates, Nikkei surges

Housebuilder Persimmon and Premier Inn owner Whitbread are in the spotlight after publishing trading updates today.

Events

7 d. ago FTSE 100 Live 13 January: Persimmon and Whitbread posts updates, Nikkei surges

Housebuilder Persimmon and Premier Inn owner Whitbread are in the spotlight after publishing trading updates today.

Events

8 d. ago Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns – business live

Rolling coverage of the latest economic and financial newsJustice department opens investigation into Jerome Powell as Trump ramps up campaign against Federal ReserveIn the UK property sector, a higher proportion of homes in London were sold at a loss than any other region in England and Wales last year.Estate agency Hamptons has reported that nearly 15% of London sellers sold for less in 2025 than they originally paid, almost double the national average of 8.7%.Last year, the average homeowner in England & Wales sold for £91,260 more than they paid, a value increase of 41.0% over an average holding period of 9.0 years. This is £570 less than the 2024 average of £91,830.Stronger recent price growth in Northern regions has boosted returns, meaning many sellers in the North of England achieved proportionally higher gains than those in much of the South.Flat sellers were four times more likely to make a loss than house sellers in England & Wales (19.9% vs 4.5%). Continue readin...

Events

8 d. ago FTSE 100 Live 12 January: Gold hits new record, Barclays shares under pressure

Geopolitics and questions over US Federal Reserve independence today drove gold to yet another record price.

Events