4 h. ago Wall Street selloff caps brutal week for markets as Trump tariffs rattle investors

Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff planWall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’s risky bid to overhaul the global economy with sweeping US tariffs.The US president doubled down on his plan on Friday, insisting he would not back down even as the chairman of the Federal Reserve warned it would likely raise prices and slow down economic growth. Continue reading...

Economics

6 h. ago Fed chair warns of high inflation and slower growth as Trump tells him to cut interest rates – live

Federal Reserve chair says ‘we face a highly uncertain outlook’ as president tells him to cut interest ratesPeople in the US: how have your shopping habits changed due to Trump’s tariffs?Trump insists he won’t back down from global trade war as markets slumpThe Trump administration is taking aim at Brown University with threats to freeze $510m in grants, widening its promise to withhold federal funding from schools it accuses of allowing antisemitism on campus, according to multiple media outlets including Reuters and the New York Times.University officials said they had not yet been formally notified, but the school was among dozens warned last month that enforcement actions could be coming as the administration seeks to crack down on academic institutions . Continue reading...

Events

8 h. ago Federal Reserve chair Powell predicts tariffs will spike inflation and slow economic growth

Comes as President Donald Trump calls on Powell to slash interest rates

Economics

9 h. ago Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair

While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its directionUS politics live – latest updatesDonald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair Jerome Powell has warned, defying the US president’s demands for an immediate interest rate cut.While the US economy remains robust, Powell cautioned that there is high uncertainty over its direction. “Downside risks have risen,” he told an event in Arlington, Virginia, on Friday. Continue reading...

Economics

10 h. ago Trump unveils $5m ‘gold card’ featuring his face for wealthy immigrants to live in US

The Republican president has introduced the visa in the hope of creating jobs and boosting economic growth amid stock market turmoil

Events

33 h. ago UK economic growth to be slower than forecast due to tariffs, say economists

UK economic growth could be up to 0.5 percentage points lower than expected in the coming years, according to economists.

Economics

52 h. ago Trump hits UK with 10% tariffs as he ignites global trade war

Britain gets off comparatively lightly but US president’s action could still cost billions in lost growthUS politics – latest updatesDonald Trump has hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth.The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the EU and 34% on China as part of what he dubbed “liberation day”. Continue reading...

Events

57 h. ago Fact check: Economic growth is forecast to slow in 2027 and 2028

Growth is not expected to go up in 2027 or 2028, although the economy will continue to grow.

Economics

69 h. ago Donald Trump tariffs spark Scottish economic growth downgrade amid ‘turbulent’ conditions

“Economic conditions in 2025 are turbulent and uncertain, and are likely to remain so throughout the year” – Professor Mairi Spowage

Economics

3 d. ago Travel trade event brings new global opportunities for Lanarkshire businesses

VisitScotland Connect 2025 is designed to increase the country’s share of global travel in a sustainable way, supporting the economic growth of one of Scotland’s most valuable industries.

Transport

3 d. ago Workers in Scotland receive pay rise as Living Wage and Minimum Wage increase takes effect

The UK Government said the pay rises would help "kick-start economic growth and ensure our country is fit for the future".

Economics

4 d. ago Spring Statement leaves UK SME’s more financially vulnerable, reports show

The Chancellor’s Spring Statement, delivered in March 2025, outlined long-term ambitions for economic growth through investment in defence, housing, and digital transformation.

Politics

5 d. ago Digitising UK trade ‘could unlock £250bn in economic growth’ – even with Trump tariffs

With the US president’s tariffs on the UK now looking inevitable, the International Chambers of Commerce is urging the government to adopt a trade plan which could boost the economy by a quarter of a trillion pounds

Economics

5 d. ago Digitising UK trade ‘could unlock £250bn in economic growth’

With Trump tariffs on the UK now looking inevitable, the International Chambers of Commerce (ICC) is urging the government to adopt a trade plan which could boost the economy by £250bn

Economics

7 d. ago We must liberate our brilliant entrepreneurs to stop this disastrous economic stall

The flatlining of the economy isn’t just sad; it’s a complete disaster

Economics

7 d. ago Strong retail sales growth in February point to "green shoots" in the economy

The strong figures will raise hopes in Government that the sluggish economy will start to get moving again

Economics

7 d. ago UK economy eked out growth at the end of 2024, figures confirm

This is unrevised from the ONS’s first estimate, confirming a picture of a sluggish economy over the second half of the year.

Economics

7 d. ago China looks south as it seeks to reduce reliance on a capricious United States

China wants to protect against the volatility of Trump’s tariffs, and now has more than a dozen free trade agreements with global south countriesChinese vice-premier Ding Xuexiang has pledged to give stronger policy support to the Chinese economy as he delivered the keynote speech at a forum focused on bolstering the country’s role in Asia and ties with the global south.With the tariffs on Chinese goods mounting, China is trying to find a foundation for growth that does not rely on an increasingly capricious United States. At the Boao Forum for Asia, a conference in south China’s Hainan province, Chinese officials and academics stressed the need for partnerships with global south countries. Despite its rapid economic growth in the past three decades, China still identifies as being part of this group. Continue reading...

Politics

8 d. ago US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says

Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, the nonpartisan Congressional Budget Office said Thursday

Economics

8 d. ago Sue Gray urges caution over Civil Service cuts while hitting out at insults

Officials are central to the Labour administration’s mission to realise economic growth, the Labour peer said in her maiden speech.

Events