4 d. ago Global financial 'bloodbath' as Trump's tariffs spark fears of worldwide recession, Hong Kong shares have worst day for 28 years and European stock futures tank

Futures were pointing to further losses in Europe and on Wall Street, with Trump refusing to lift the levies unless foreign governments pay 'a lot of money'.

Economics

6 d. ago Trump tariffs live: 10% tariff kicks in for UK after US stocks and FTSE 100 see biggest drops since Covid

UK’s key FTSE-100 stock market suffered its worst one-day drop since the pandemic on Friday

Politics

6 d. ago Trump tariffs live: China says ‘market has spoken’ after global stocks sink and FTSE sees biggest drop since Covid

UK’s key FTSE-100 stock market suffered its worst one-day drop since the pandemic

Politics

7 d. ago Trump tariffs rollout sees $5 trillion wiped from stock market in two days: Live updates

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stocks sliding further after worst day since 2020

Economics

7 d. ago FTSE 100 suffers worst day in FIVE YEARS as global markets go into meltdown over Donald Trump's trade war

Wall Street opened sharply lower as fears of a global recession mounted in the wake of the US President's extraordinary assault on allies and foes alike.

Politics

7 d. ago Trump dismisses China tariff retaliation and implores Fed to cut interest rates as stock market dives: Live

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stocks sliding further after worst day since 2020

Politics

7 d. ago Wall Street stocks plunge deeper after worst trading day since pandemic

Trading has been hammered in the aftermath of President Donald Trump unveiling his full range of import taxes on countries around the world.

Events

7 d. ago Trump claims ‘great time to get rich’ as tariffs turmoil sees Wall Street market sell

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stocks sliding further after worst day since 2020

Politics

7 d. ago US markets tumble further as global meltdown continues over Donald Trump's trade war

Wall Street opened sharply lower as fears of a global recession mounted in the wake of the US President's extraordinary assault on allies and foes alike.

Politics

7 d. ago Starmer to hold talks with other global leaders to discuss response to Trump tariffs, says No 10 – UK politics live

UK prime minister to speak to international leaders this weekend to ‘maintain stability and strengthen our partnerships abroad’Trump claims Starmer ‘very happy’ about tariffsDowning Street has refused to confirm President Trump’s claim that Keir Starmer was “very happy” about the treatment the UK is getting under the new US global tariff regime. (See 9.32am.) Asked about the president’s words at the morning lobby briefing, the PM’s spokesperson said that the government had already set out its position yesterday and that it was “disappointed” by the US tariff policy.Livia Tossici-Bolt has been sentenced at Poole magistrates’ court to a conditional discharge for two years for two charges of breaching a “buffer zone” outside an abortion clinic in Bournemouth, PA Media reports. See 11.22am. Continue reading...

Politics

7 d. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as China hits back at the US and shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

7 d. ago David Lammy says he regrets Trump has embraced protectionism, something not seen in US ‘for nearly a century’ – UK politics live

David Lammy, foreign secretary, says UK is ‘a nation that believes in open trade’ and says government is negotiating with US over economic agreementAn anti-abortion campaigner at the centre of a free speech controversy involving the US government has been found guilty of breaching a “buffer zone” outside a Bournemouth abortion clinic, PA Media reports. PA says:Livia Tossici-Bolt was convicted at Poole magistrates’ court of two charges of breaching the Public Spaces Protection Order on two days in March 2023.The case involved the 64-year-old from Bournemouth holding a sign saying “Here to talk, if you want”.But I think our approach should be to slightly stand back and think, what does Britain want, and can it get from the rest of the world, and what can we contribute?And in that regard, it’s important to realise that the rest of the G7, except the US, collectively are the same size as the United States. And I would have thought a very sensible thing to be doing is having a serious co...

Politics

7 d. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

7 d. ago David Lammy says Trump has taken US economic policy back 100 years with ‘return to protectionism’ – UK politics live

David Lammy, foreign secretary, says UK is ‘a nation that believes in open trade’ and says government is negotiating with US over economic agreementThe official plan to increase access to NHS dental services in England has been a “complete failure”, and some of the government’s initiatives have worsened the crisis, a damning report warns, Andrew Gregory reports.David Lammy, the foreign secretary, is at the Nato HQ in Brussels this morning, where Nato foreign ministers are meeting. Speaking to the media, he said President Trump was taking US economic policy back almost a century by embracing protectionism. He said:The United Kingdom, like France, is a great maritime nation.We are a nation that believes in open trade, and I regret the return to protectionism in the United States, something that we’ve not seen for nearly a century. Continue reading...

Politics

7 d. ago David Lammy responds after Donald Trump claims Keir Starmer is 'very happy' with UK tariffs

The Foreign Secretary said the UK is 'very concerned'

Politics

7 d. ago Global shares keep plunging after US stocks' worst day since Covid: Body blow for Starmer as Trump says UK should be 'happy' with 10% tariffs and aides 'pour cold water on hopes of deal'

The FTSE 100 fell another 60 points this morning after the US president's trade war  sparked a global rout - wiping £2trillion off company values.

Economics

7 d. ago Trump claims Starmer is ‘very happy’ about tariffs imposed on Britain

UK foreign secretary regrets ‘return to protectionism’ and says Britons will be concerned about impact on financesBusiness live – latest updatesDonald Trump has claimed that the UK is “very happy” with tariffs imposed on the country as part of his shock upending of global trade, but the British foreign secretary, David Lammy, said he regretted the “return to protectionism”.Wielding a chart in the White House Rose Garden, the US president revealed on Wednesday that the UK would be hit with 10% so-called “reciprocal” tariffs as part of a sweeping drive on all countries. Continue reading...

Politics

7 d. ago Lammy says Britons ‘very concerned’ as Trump claims Starmer ‘happy’ over tariffs

David Lammy said people across the country were ‘very concerned’ about how the move to slap 10% import taxes on goods would hit their own finances.

Politics

7 d. ago Trump insists Starmer ‘very happy’ with tariffs as UK prepares for retaliation

Treasury minister says UK disappointed with decision to impose tariffs when asked if Trump was right to say Britain is pleased with its treatment

Politics

7 d. ago Trump tariffs live: President says Starmer ‘very happy’ with UK’s tariff after Asian markets plunge again

Donald Trump’s ‘Liberation Day’ tariffs wiped $2.4trn from S&P 500, in its biggest one-day loss since March 2020

Politics