38 h. ago Economic slowdown linked to global uncertainty amid Trump tariffs – think tank

The Fraser of Allander Institute now expects Scottish economic growth of 0.8% in 2025 and 1.0% in 2026 – a slight downgrade from its April forecasts.

Economics

3 d. ago Trump’s sweeping tax cut and spending bill heads to House – US politics live

Vote expected to be tight after so-called ‘big beautiful bill’ cleared the Senate by the narrowest of margins with JD Vance breaking a tieSenate Republicans pass Trump’s sweeping policy billWhat’s in Trump’s major tax bill?Legally mandated US national climate assessments seem to have disappeared from the federal websites built to display them, making it harder for state and local governments and the public to learn what to expect in their back yards from a warming world.Scientists said the peer-reviewed authoritative reports save money and lives. Websites for the national assessments and the US Global Change Research Program were down Monday and Tuesday with no links, notes or referrals elsewhere. The White House, which was responsible for the assessments, said the information will be housed within Nasa to comply with the law, but gave no further details. Continue reading...

Politics

3 d. ago Key climate change reports removed from US government websites

The national climate assessments help state and local governments prepare for the impacts of a warming worldLegally mandated US national climate assessments seem to have disappeared from the federal websites built to display them, making it harder for state and local governments and the public to learn what to expect in their back yards from a warming world.Scientists said the peer-reviewed authoritative reports save money and lives. Websites for the national assessments and the US Global Change Research Program were down Monday and Tuesday with no links, notes or referrals elsewhere. The White House, which was responsible for the assessments, said the information will be housed within Nasa to comply with the law, but gave no further details. Continue reading...

Politics

5 d. ago Relief for Reeves as 0.7% growth is confirmed for first quarter of 2025 but economists warn slowdown is already hitting amid tax hike fears

Official figures showed the powerhouse services sector expanding by 0.7 per cent between January and March.

Events

8 d. ago US tariffs tank UK car production: Car manufacturing suffers worst May since 1949

British car production recorded its worst May in 76 years after US tariffs on foreign-built vehicles stopped shipments and crashed the export market.

Economics

4 w. ago Hiring slows across US amid uncertainty over Trump’s tariffs

The number of Americans applying for unemployment benefits has risen to the highest level in eight months

Politics

4 w. ago US jobs market slows down as businesses cope with Trump trade war uncertainty

May’s jobs report was dragged down by loss of 22,000 federal workers’ jobs as Doge cut positionsThe US economy added 139,000 jobs in May, a slowdown compared with recent months as American businesses cope with uncertainty around Donald Trump’s continuing trade war.After signs of a strong labor market in April – which was largely seen as resiliency against teetering trade policy from the White House – May saw a drop in new jobs added to the labor market, according to new data from the Bureau of Labor Statistics. The unemployment rate remained steady at 4.2%, unchanged from last month. Continue reading...

Politics