7 h. ago Revenues tumble at S4 Capital amid worsening economic challenges

Sir Martin Sorrell’s marketing firm reported an 11.4% plunge in pro forma net revenues in the three months to March 31.

Economics

26 h. ago Challenges facing Europe ‘enormous’, says Merz on first trip abroad

The new German chancellor promised a ‘push for Europe’ in a joint press conference with Emmanuel Macron in ParisFrance and Germany will seek to jumpstart their relationship, Emmanuel Macron and Friedrich Merz have said on the new German chancellor’s first trip abroad, working “systematically together” in a “new push for Europe”.Merz told the two leaders’ joint news conference in Paris on Wednesday that a reset in Franco-German relations was vital to help Europe become more secure, competitive and unified so it can overcome “enormous” security and economic challenges. Continue reading...

Politics

5 d. ago ‘Not everybody who voted for Carney quite knows what they got’: Canada eyes its new prime minister

Standing up to the erratic US president will be a key task for Mark Carney, but experts say economic challenges might prove far more testingFor most of his adult life, Mark Carney has thrived in a world where facts matter and logical arguments can suffice.But Canada’s prime minister, who until this week had never held elected office, now enters a domain in which personal slights, ambition and ego often hold more sway than truth or reason. And Carney, who dealt with politicians, some hostile, as a central banker, has now become one, occupying a role in which he’s all but guaranteed to disappoint someone. Continue reading...

Politics

7 d. ago Trump live: Mike Waltz to be ousted as national security head in first major administration shake

Former Democratic vice president and White House challenger calls trade aggressions the ‘greatest man-made economic crisis in modern presidential history’

Politics

7 d. ago Trump live: Kamala Harris breaks silence to warn president’s tariff war inviting recession

Former Democratic vice president and White House challenger calls trade aggressions the ‘greatest man-made economic crisis in modern presidential history’

Events

7 d. ago Lloyds Banking Group shares fall as results disappoint: NatWest sees taxpayer stake cut

“Lloyds is the most exposed of the UK banks to Britain’s economy, which could present challenges if growth doesn’t pick up”

Economics

1 week ago WPP says US tariffs yet to hit client spending despite sales fall

The FTSE 100 company told shareholders it is making progress despite a ‘challenging’ wider economic backdrop.

Economics

3 w. ago Major UK high street brand to close 50 stores as economy 'challenging'

JD Sports, which is one of the UK's biggest sports retailers, has confirmed it will be shutting around 50 stores next year - but the move is not expected to impact the UK

Economics

3 w. ago Caribbean activists step up fight to end homophobic laws that ‘breach fundamental rights’

Movement gathers pace after a ‘disheartening’ and regressive ruling by Trinidad’s supreme court last monthGrowing up in a single-parent home in poor communities in Jamaica was tough for Glenroy Murray. But beyond the pain of economic disadvantage, the greater challenge, he said, was the constant fear that someone would discover his closely guarded secret. He was attracted to boys.Instinctively, he knew that being gay was simply not acceptable in his community. “It was very obvious that I was different by many standards in this country – and what you consider effeminate,” he said, adding that it was “made very clear” to him that that was not appropriate. Continue reading...

Politics

3 w. ago Trumpflation! Price of Sony PlayStation 5 consoles jumps 10% in the UK because of 'challenging economic environment' in wake of US tariffs

Sony said the 'tough decision' had been made because of 'a challenging economic environment, including high inflation and fluctuating exchange rates'.

Economics

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 Sony makes ‘tough decision’ to raise PS5 prices in Europe and UK

Japanese group cites ‘challenging economic environment’ as Trump’s tariffs throw supply chains into uncertainty

Politics

3 w. ago John Swinney tells Scots to be 'prepared not scared' of economic challenges ahead

The First Minister said he understood that "people are tired and anxious" and "desperate for light at the end of the tunnel".

Economics

3 w. ago Swinney pledges earlier legislative programme to help tackle tariff ‘challenges’

The First Minister also said Scots should be ‘prepared rather than scared’ about the economic challenges ahead.

Politics