5 h. ago Iceland volcano eruption looks set to be 'much larger' than previous events, officials warn: Lava bears down on homes as island is hit by 200 earthquakes and civilians are evacuated

The Icelandic Civil Defence warned that the eruption on the Sundhnuksgigar Crater Row could continue to swell given the huge amount of magma built up

Events

6 h. ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

8 h. ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

9 h. ago Gold at record high as markets brace for Trump tariffs ‘to affect every country’ – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

28 h. ago New Mexico Republicans appear to blame Democrats following vandalism and arson attack on HQ

As well as damage to the front entrance and smoke damage inside, spray paint comparing ICE to the Ku Klux Klan is seen on the building

Politics

44 h. ago Republican Party offices set on fire in protest after 48 'disappear' in immigration raids

The Republican Party in New Mexico said it was subjected to an alleged arson attack while graffiti about immigration officials was written on the side of the building

Events

45 h. ago Authorities investigate fire that damaged entryway to New Mexico GOP headquarters

Federal authorities are investigating an early morning fire that damaged the entryway to the headquarters of the Republican Party of New Mexico in Albuquerque

Events

4 d. ago Exact date Manchester set to be warmer than Corfu as Met Office predicts highs of 21C

Temperatures are set to reach a whopping 21C during the first week of April

Events

5 d. ago Millions of retirees face paying some of their state pension straight back to HMRC in 'bizarre tax cliff edge'

Latest forecasts from the Office for Budget Responsibility showed how the state pension is set to rise by 4.6 per cent next April.

Economics

6 d. ago Inflation to rise to 3.2% for 2025 as OBR slashes growth forecast

The Government’s official forecaster has also warned that interest rates are set to stay higher for longer

Economics

6 d. ago The Atlantic publishes full bombshell exchange between Trump's top team about Yemen strike plans

The Atlantic magazine has published the full exchange of messages from a Signal group chat set up by senior US Government officials to organise a strike on Yemen earlier this month.

Events

6 d. ago Economic growth forecast halved as Reeves blames global instability

Chancellor Rachel Reeves was forced to set out further cuts in public spending after the Office for Budget Responsibility’s verdict.

Economics

6 d. ago Don't shift the blame for failing economy, Reeves told: Chancellor prepares to unveil £15bn in new spending cuts

Rachel Reeves will today blame world events for Britain's faltering economy - as voters in a bombshell poll say it is her fault. The Chancellor is set to publish official forecasts later this afternoon.

Economics

7 d. ago Democrat spectacularly tears into Tulsi Gabbard for war plans text leak: Live updates

DAILYMAIL.COM LIVE BLOG: Donald Trump's Cabinet is in the hot seat today as several of his top intelligence officials are set to be grilled by Congress one day after a staggering text chain leak.

Politics

7 d. ago World Athletics mandates cheek swabs to ‘doggedly protect female category’

Coe seeks to ensure ‘integrity of female women’s sport’Aim is to be ready for September world championshipsWorld Athletics has approved the introduction of cheek swabbing to determine if an athlete is biologically female. The global body’s president, Sebastian Coe, said the decision taken by the World Athletics council was further evidence his organisation would “doggedly” protect the female category.No timeline for the introduction of pre-clearance testing has been officially set out, but the PA news agency understands World Athletics’ intention is to have the testing in place for athletes wanting to compete in the female category at the outdoor world championships in Tokyo in September. Continue reading...

Politics

8 d. ago Met Office says UK set for 18C sunshine before temperatures 'go down a notch'

The UK is set to enjoy more warm weather this week, but with a weekend washout

Politics

8 d. ago Gulf in US and Russian expectations marks start of latest ceasefire talks

As Washington signals hope for ‘real progress’, Moscow warns ‘difficult negotiations’ lie aheadUS and Ukrainian officials were meeting on Sunday for further talks aimed at hammering out a ceasefire in Russia’s war in Ukraine, with Washington signalling its hope for “real progress” even as Moscow warned that “difficult negotiations” lie ahead.The gulf in expectations marked the start of the latest round of negotiations in Saudi Arabia, which was set to follow with a meeting between American officials and Russia on Monday. The US is pushing for a broad ceasefire in Russia’s war in Ukraine by 20 April, according to Bloomberg, though sources said the timeline may slip given the wide gap that exists between Kyiv and Moscow’s positions. Continue reading...

Events

9 d. ago ‘I’m not stepping down’: Chuck Schumer defies Democrats’ calls over funding bill

Party leader faces backlash over his decision to support Republican-led bill to avoid government shutdownChuck Schumer defied calls to give up the top Democratic position in the Senate after he voted for Republicans’ funding bill to avoid a government shutdown, saying on Sunday: “I’m not stepping down.”Schumer has faced a wave of backlash from Democrats over his decision to support the Republican-led bill, with many Democrats alleging that the party leader isn’t doing enough to stand up to Donald Trump’s agenda. Continue reading...

Politics

9 d. ago F1 Chinese GP RESULT: Lewis Hamilton and Charles Leclerc set to be disqualified in huge Ferrari blow

Follow updates from the Shanghai International Circuit with Ferrari set to lose both drivers from the official classification in a major shock post-race

Politics

1 week ago UK politics live: Fresh blow for Reeves as UK’s official economic growth forecast ‘set to be halved’

In her spring statement next week, the chancellor is expected to try blaming the drop on worsening global economics amid Donald Trump’s tariffs

Politics