62 m. ago U.S. economy shrinks for first time in three years as Trump’s tariffs spark trade war fears

The American economy shrank by 0.3 percent during the first quarter of this year, marking the first drop in three years as President Donald Trump’s tariff policies disrupted businesses and their supply chains.

Politics

70 m. ago Horror details of how glam young mum died during BBL 'from fake doctor'

Mum María Paz Peñaloza visited Felipe Hoyos-Foronda, 37, from New York, to remove her butt implants after he allegedly posed as a plastic surgeon on TikTok

Events

81 m. ago People felt they ‘failed’ loved ones over funerals during pandemic, inquiry told

A charity chief has told the Scottish Covid-19 Inquiry people still feel guilty for not being able to invite family and friends to funerals.

Events

82 m. ago US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment which in April dropped 32% to lowest level since 1990 recessionThe US economy shrank in the first three months of Donald Trump’s second term as the president sought to roll out an aggressive trade strategy, claiming that sweeping tariffs on the world would strengthen the US economy.Gross domestic product (GDP), a key measure of overall growth in the US economy, fell by 0.3% in the first quarter of the year, down from 2.4% in the last quarter of 2024. The contraction – the first since the start of 2022 – puts the US on the brink of a technical recession, defined by two quarters of negative growth. Continue reading...

Politics

1 hour ago U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business

The U.S. economy shrank 0.3% from January through March, first drop in three years

Politics

2 h. ago Party leaders trade blows over grooming gangs, immigration and Trump in bruising PMQs on eve of local elections

With less than 24 hours before polls open, Kemi Badenoch used PMQs to lay into Keir Starmer for refusing to launch a national inquiry into 'rape gangs'.

Politics

2 h. ago US GDP report to show if economy expanded in last quarter, after eurozone growth accelerates – business live

First estimate of US GDP for Q1 2025 will show whether tariffs hurt growthUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumption, and the savings rate is se...

Economics

2 h. ago Withdrawal of critical veterinary medicines could have ‘severe impact’ on NI

A grace period on the movement of animal medicines between Great Britain and Northern Ireland is due to expire at the end of the year.

Politics

2 h. ago How many points do Arsenal need for Champions League qualification?

Gunners in danger of being dragged back into a battle for Champions League qualification

Sport

2 h. ago Virgil van Dijk makes surprising admission about horror injury caused by Jordan Pickford

Virgil van Dijk spent nine months on the sidelines after suffering a ruptured anterior cruciate ligament following a poor challenge by Jordan Pickford in October 2020

Events

3 h. ago DAN HODGES: Unions no longer represent the interests and worries of millions of working Britons... there is only one man who speaks for them now

When was the last time a trade-union leader standing alongside their members in a fight for their livelihoods generated such widespread media interest?

Economics

3 h. ago Shein explores US restructuring as tariffs threaten to derail London IPO

Fast-fashion company searches for workarounds as Trump’s trade war endangers operations in its most important market

Economics

4 h. ago Expert reveals the disgusting reason why you should never let your dog drink from a shared water bowl

Dangerous bacteria poses a risk to both canines and their owners

Politics

4 h. ago Barclays profits surge 19 per cent as bank braces itself for global trade war

The UK banking giant increased provisions for loans expected to turn sour, largely driven by £74 million put by for ‘elevated US macroeconomic uncertainty’

Economics

4 h. ago What happens when you eat death cap mushrooms after woman 'poisons ex's family'

The world's most poisonous mushroom poses a grave danger and symptoms might not always appear straightaway

Events

4 h. ago Donald Trump 'puts UK trade deal on back burner' amid US warnings that Starmer's Brexit 'reset' will block pact

Donald Trump is said to have made clear that Britain will not be in the first 'phase' of pacts that he is hoping to strike.

Events

5 h. ago France and Germany avoid recession as eurozone growth accelerates; Taiwan’s GDP boosted by pre

Rolling coverage of the latest economic and financial news, including growth figures from across EuropeUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumptio...

Politics

5 h. ago Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook

Europe’s economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war

Politics

5 h. ago Christopher Dean reassures concerned crowd after Jayne Torvill's horror fall

Jayne Torvill stumbled on a hole in the ice rink during a heart-stopping moment at her and Christopher Dean's performance at the BP Pulse Live Arena in Birmingham

Events

6 h. ago France and Germany avoid recession as economies return to growth; UK house prices drop – business live

Rolling coverage of the latest economic and financial news, including growth figures from across EuropeUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumptio...

Economics