5 h. ago Trump says talking to Fed boss Powell is like ‘talking to a wall’ in latest attack

Attack comes day after Federal Reserve announced it won’t be lowering interest rates

Politics

10 h. ago Bank of England vote split hits hopes for faster interest rate cuts

Debate highlights uncertain outlook for UK growth and ‘plethora of risks’ facing economy

Politics

14 h. ago Tracker mortgage holders could save nearly £350 a year following rate cut

Thursday’s base rate reduction by the Bank of England would help boost housing market activity, property experts said.

Economics

20 h. ago Interest rates live updates: Bank of England poised to cut interest rates in boost to mortgage holders

Economists expect Bank of England to cut rates to 4.25 per cent – with some anticipating push for even larger reduction

Economics

23 h. ago Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected

Politics

23 h. ago Vandalism, vaping, and disruption – a grim portrait of Wales' schools

Bad behaviour is on the rise, a chief inspector has warned

Culture

23 h. ago Vandalism, vaping, and violence – a grim portrait inside Wales' schools

Bad behaviour is on the rise, a chief inspector has warned

Events

31 h. ago Federal Reserve warns of rising economic risks as it holds rates steady

Policymakers say inflation and unemployment could increase as Donald Trump’s tariffs heighten uncertainty

Events

31 h. ago Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a rowThe Federal Reserve kept interest rates on hold and called out growing dangers in the US economy amid Donald Trump’s erratic rollout of an aggressive trade strategy.Jerome Powell, the US central bank’s chair, cautioned that the president’s tariffs are likely to lift prices, weaken growth and increase unemployment if maintained. Continue reading...

Events

32 h. ago Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

Events

32 h. ago Federal Reserve holds rates steady as it warns of rising economic risks

Policymakers say inflation and unemployment could rise as Donald Trump’s tariffs heighten uncertainty

Events

41 h. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

6 d. ago Urgent warning to anyone with house plants in May as temperatures rise

To keep your indoor plants thriving, there's one job you need to do in May as the temperature heats up

Events

6 d. ago Covid vaccine: Brits warned of risk this Bank Holiday weekend as cases continue to surge

Covid cases in the UK are rising week-on-week 🚨

Events

6 d. ago Markets rally after better than expected data shows US added 177,000 jobs in April – business live

Live, rolling coverage of business, economics and financial markets as US employment figures for April came in higher than expected with 177,000 jobs, boosting European markets as they hope for a thaw in US-China relationsEurozone unemployment was steady 6.2% in March – unchanged relative to a revised February reading.The youth unemployment rate was 14.2%, down from 14.3% in the previous month. Continue reading...

Society

6 d. ago HSBC says global trade shift poses ‘serious risks’ to economic growth

Executives at the bank said economic forecasts were more difficult to compile amid uncertainty.

Economics

6 d. ago UK to ban buying bitcoin on credit card; stocks rise on hopes of US

Live, rolling coverage of business, economics and financial markets as Financial Conduct Authority considers restricting use of credit to buy crypto; stock markets gain on hopes of US-China trade thawEurozone unemployment was steady 6.2% in March – unchanged relative to a revised February reading.The youth unemployment rate was 14.2%, down from 14.3% in the previous month. Continue reading...

Politics

6 d. ago Stock markets gain as China ‘evaluates’ offer of US trade talks – business live

Live, rolling coverage of business, economics and financial markets as FTSE 100 gains on hopes of US-China trade thaw; Shell profits drop 28% to $5.5bnCommodities companies are among the best performers on stock markets this morning.They would be among the best placed to benefit from the US backing down in its trade war with China. The FTSE 100 has a lot of Europe’s big mining listings, and they are leading the way on Friday. Continue reading...

Economics

6 d. ago Shell profits fall as big oil faces slump in prices; UK cuts NatWest stake below 2% – business live

Live, rolling coverage of business, economics and financial markets as FTSE 100 oil company profits drop 28% to $5.5bnStock markets have gained across Europe, as investors welcomed signs of a possible thaw in the trade war between the US and China.Germany’s Dax gained 1.2% in the early trades, while France’s Cac 40 was up 1.4% – after both were closed over the May Day bank holiday. The Stoxx 600 index, which tracks big companies across Europe, rose by 0.9%. The FTSE 100 was up 0.9%.“The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China,” the statement said, adding that Beijing was “evaluating this”.“Attempting to use talks as a pretext to engage in coercion and extortion would not work,” it said.This optimism has continued overnight after China’s Ministry of Commerce said that it’s evaluating trade talks with the US. The ministry said this comes as “the US has recently sent messages to C...

Economics

8 d. ago New London police warn of rise in Kia thefts, advise owners how to avoid falling victim

New London police warn of rise in Kia thefts, advise owners how to avoid falling victim  Stamford Advocate

Events