24 h. ago UK and India agree trade deal, slashing tariffs on car and whisky exports

The deal follows three years of talks and is set to boost several sectors which are hit especially hard by Donald Trump’s tariffs.

Economics

25 h. ago New York Catholic Bishops hit out at Donald Trump after he posted AI picture of himself as the Pope

US Cardinal Timothy Dolan said on Sunday that President Trump's the posting of the image 'wasn't good' but declined to say whether the White House should apologise to offended Catholics.

Politics

49 h. ago Eluned Morgan warns Donald Trump's tariffs will hit Wales harder than England

She believes though that Wales could benefit from renewable sector investors pulling out of the US

Events

50 h. ago Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go furtherThe Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.In the Bank’s first intervention since the US president’s “liberation day” tariff policy announcement sent shock waves through the world economy, Threadneedle Street is expected to reduce its key base rate from the current level of 4.5%. Continue reading...

Politics

3 d. ago Trump accused of ‘mocking’ Catholics after posting image of himself as pope

US president displays ‘pathological megalomania’ as cardinals gather to elect new leader after death of Pope FrancisDonald Trump has been accused of mocking the election of a new leader of the Catholic church after posting an AI-generated picture of himself as the pope on social media.The image, shared on Friday night on Trump’s Truth Social site and the White House’s official X account, raised eyebrows at the Vatican, which is still in the period of nine days of official mourning after Pope Francis’s funeral on 26 April. Continue reading...

Politics

4 d. ago Donald Trump posts picture of HIMSELF as pope just a week after Francis' funeral

US President Donald Trump has posted an AI picture of himself as the Pope only a week after the funeral of Pope Francis in the Vatican City.

Politics

7 d. ago Kamala Harris dealt final brutal blow as Trump goes after her husband Doug Emhoff with petty action

Donald Trump knows where to hit Kamala Harris where it hurts. 

Politics

2 w. ago New tax rises warning as UK borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March - equal to £95,300 per household

Events

2 w. ago New tax rises warning as borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March, says the ONS

Events

2 w. ago The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars | Editorial

The US president’s economic agenda collides with fragile financial systems, triggering market fears, investor flight and developing nation chaosWake up! When the most sober of global institutions, the International Monetary Fund, abandons its usual technocratic calm to sound the alarm on the political roots of global financial instability, it’s time to pay attention. The IMF is warning of a non-negligible risk of a $1tn hit to global output, as Donald Trump’s erratic “America first” agenda – part oligarchic enrichment scheme, part mobster shakedown – collides with a perfect storm of global financial vulnerabilities.Such a shock would be equivalent to a third of that experienced in the 2008 crisis. But it would be felt in a much more fragile and politically charged environment. This time, the crisis stems not just from markets but from the politics at the heart of the dollar system. The IMF’s latest Global Financial Stability Report sees the danger in Mr Trump’s trade ...

Events

2 w. ago Fallout from Donald Trump's tariffs to hit UK economy harder than Europe

The downgraded forecasts make it more likely that Labour Chancellor Rachel Reeves will have to make further cuts or hike taxes in her autumn budget.

Politics

2 w. ago Britain's growth outlook is slashed 0.5% by IMF in fresh blow to Rachel Reeves as she jets off to Washington for crunch talks as Trump's tariff war tests 'resilience of global economy'

Britain's growth outlook has been downgraded by the International Monetary Fund in a fresh blow for Labour - as Donald Trump's tariff wars deliver a severe hit to the global economy.

Politics

3 w. ago Nvidia expects to take $5.5bn hit as US tightens AI chip export rules to China

Shares plunge as firm says H20 chip, designed for Chinese market to comply with controls, will now need special licenceNvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading.The company said in an official filing late on Tuesday that its H20 AI chip, which was designed specifically for the Chinese market to comply with export controls, would now require a special licence to sell there for the “indefinite future”. Continue reading...

Events

3 w. ago Trump and cabinet tear into CNN journalist Kaitlan Collins in Oval Office showdown

Donald Trump and his cabinet hit out at a CNN journalist during a tense Oval Office showdown after she asked about a man mistakenly deported to El Salvador.

Politics

3 w. ago Sony announces PlayStation 5 price to rise due to 'challenging economic environment'

It comes after the global stock market has taken a hit following new tariffs introduced by Donald Trump

Economics

3 w. ago The Chinese goods Americans most rely on, from microwaves to Barbies

Donald Trump’s tariffs will hit millions of video game consoles, electric fans and toys shipped to the US from China

Politics

3 w. ago Gold enjoys best week in five years as investors rush to safety

Even US Treasuries take a hit as Donald Trump’s tariff blitz shakes confidence in American assets

Economics

3 w. ago WARREN SHUTE: 'Don’t hit panic button just yet over Donald Trump tariffs'

Donald Trump has sparked a turbulent week for global stocks, but here is why financial planner Warren Shute says you shouldn't jump into impulsive decisions on your finances

Events

3 w. ago China hits out at 'threats and coercion' over Donald Trump's 104% tariffs

China's government has shared a white paper on the country's popular Weibo platform, spelling out the context of the trade war after President Donald Trump hit the country with record-high tariffs

Events