30 h. ago ‘Luck running out’ for Swiss economy as growth slows ahead of US tariff hit

GDP only expanded by 0.1% in second quarter, adding to pressure on central bank to return to negative interest rates

Economics

54 h. ago Business news live: UK economy growth slows as leaders demand ‘no more business taxes in Autumn budget’

Stock market news and latest business and finance updates from Wednesday

Economics

55 h. ago Britain braces for another tax bomb amid warnings UK economy is 'flashing red' as growth slows to 0.3 per cent while Rachel Reeves faces a £50bn black hole

The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.

Events

8 d. ago Gold futures jump to record high after US tariffs on cast bars

Imposition of 39% import rate described as ‘another blow’ to Switzerland’s world-leading refining industryThe price of gold futures have soared to a record high after it emerged that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

8 d. ago Jaguar Land Rover sees profits almost halve after US tariff hit

The luxury car maker reported a 49.4% plunge in underlying pre-tax profits to £351 million in its first quarter to the end of June.

Economics

8 d. ago Gold futures soar to record high after reports of US tariffs on Swiss bars

Imposition of 39% export rate described as ‘another blow’ to Switzerland’s world leading refining industryThe price of gold futures have soared to a record high after it was reported that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

8 d. ago US gold futures hit record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics

1 week ago Investor confidence in EU drops after Trump’s Brussels trade deal

Agreement is said to ‘dampen the mood’, with the US viewed as the winner at the expense of the eurozoneInvestor confidence in the EU has fallen sharply after Donald Trump’s trade agreement with Brussels, amid mounting concern about the economic hit from the US president’s tariff war.The latest snapshot from the Sentix index showed that investor sentiment fell significantly at the start of the month after the deal last week between Trump and the European Commission president, Ursula von der Leyen. Continue reading...

Economics

1 week ago Swiss president under fire after Trump call leads to US tariffs shock

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariffEurope live – latest updatesUS live – latest updatesThe Swiss stock market has plunged, the cabinet has been holding emergency talks and President Karin Keller-Sutter has been accused of mishandling a vital phone call with the White House after Donald Trump hit the country with a shock 39% export tariff.Switzerland, home to some of the world’s best-known luxury brands, was left stunned after the US president on Friday imposed one of the highest tariff rates in his global trade reset. Industry associations warned tens of thousands of jobs were at risk. Continue reading...

Politics