23 h. ago US airlines forced to cut flights as travel across the country drops

Airlines reported that they would trim its flight schedule for the second half of the year due to lower demand

Transport

31 h. ago US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial newsDonald Trump’s tariffs will make it harder for Sir Jim Ratcliffe’s car division, Ineos Automotive, to reach its first profit.Ineos Automotive’s CEO, Lynn Calder, told Bloomberg that the US president’s 25% tariff on foreign cars will make it harder to hit the earnings target.“For sure, this last week has put a dent in that and, for sure, delayed it,”“We’re stubborn as mules. We’re not easy to knock down.”“With fieldwork completed just days after Donald Trump’s “Liberation Day” tariffs, it is unsurprising that consumer expectations for the economy plummeted to a record low. The original tariff schedule, since reduced for most countries, was expected to reduce growth in the UK and elsewhere. Yet despite this economic pessimism, expectations of retail spending rose slightly as the prospect of Easter shopping drew closer.The state of the economy dropped significantly to -48 in April, down from -35 in March.Their personal financial...

Economics

33 h. ago US trade war will hurt UK growth, Bank of England governor warns; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial newsACEA’s latest European car sales report shows a continued decline in demand for fossil fuel-powered vehicles.While new battery-electric car sales grew by 23.9% in the first three months of 2025, to 412,997 units, petrol car registrations saw a significant decline of 20.6%, with all major markets showing decreases. Continue reading...

Economics

50 h. ago Tesla’s fall in numbers: The staggering profit drops that forced Musk to step back from DOGE

A 71 per cent drop in profits and tanking share price have forced Elon Musk to cut down his time as Trump’s costcutter-in-chief. Alicja Hagopian and Karl Matchett explore what happened

Politics

51 h. ago Tesla shares accelerate as Elon Musk vows to step back from White House

Musk says from next month he will only works a day or two per week for President Donald Trump's White House.

Events

54 h. ago Trump latest updates: Elon Musk to ‘significantly’ step back from DOGE role after Tesla profits plunge

Musk told investors that he would likely cut back his work for Donald Trump’s Department of Government Efficiency to one or two days a week

Politics

65 h. ago Musk says he will step back from Trump’s DOGE as Tesla reports dismal earnings

The company just reported its lowest revenue since Q3 2021

Politics

6 d. ago Democrats fear that Elon Musk may be pushed out of government before they can use him in midterm attack ads

The unelected billionaire has proved an effective target for the Democrats, but some in the party are ‘concerned’ about their strategy if Musk takes a step back

Politics

9 d. ago PwC exits more than a dozen countries in push to avoid scandals

African firms say they lost over a third of their business as global executives forced them to drop risky clients

Politics

1 week ago Nigel Farage claims Elon Musk was ‘trying to encourage him’ by calling for him to be sacked

Reform UK leader also claims his party still ‘cool’ to young people in wake of fall out with tech billionaire Tesla owner and ‘first buddy’ of US president Donald Trump

Politics

1 week ago Strictly's Amy Dowden 'grateful' as she returns to show after injury heartache

Strictly Come Dancing star Amy Dowden has revealed that she is returning to the 2025 series of the BBC dance competition after being forced to drop out last year

Events

2 w. ago Jimmy White forced to drop a frame as snooker hero breaks 'cardinal rule' in World Championship qualifier

The Whirlwind is aiming to return to the Crucible but fell victim to a bizarre blunder against Anton Kazakov

Events

2 w. ago 'Musk is a bully who uses his wealth as a weapon to enforce an authoritarian agenda'

Elon Musk is set to step away from his political role in the coming weeks, White House insiders have told as his company, Tesla, faces plummeting sales and tanking share prices

Events

2 w. ago Glasgow mum traumatised after being followed by rat in own home

Jemma says that the battle with the rats has left her unable to sleep or eat as she is forced to hoover up rat droppings - something that has left her feeling she has 'failed as a mum'.

Events

3 w. ago Donald Trump's telling comment about Elon Musk as world's richest man to leave White House

A comment Donald Trump made about Elon Musk is recirculating after reports the Tesla boss is set to step down from his government role - and his DOGE department could also disappear

Politics

3 w. ago Elon Musk reportedly to step down from lead Trump role as service limit nears

Insiders say Musk will leave soon, when 130-day cap on government service expires but ‘Doge’ team set to continueElon Musk’s polarizing stint slashing and bashing federal bureaucracy will probably soon end, with the world’s richest person’s government service hitting its legal limit in the coming weeks.“He’s got a big company to run at some point he’s going to be going back,” Donald Trump told reporters on Monday. Continue reading...

Politics

3 w. ago Trump has told Cabinet members that Musk will step back to ‘supporting role’ soon

Musk’s designation as a ‘special government employee’ is set to expire in late May or early June

Politics

3 w. ago Elon Musk 'set to leave Donald Trump's cabinet', president tells allies

Donald Trump has told close allies that Tesla CEO Elon Musk will take a step back in the coming weeks, it has been reported, as backlash of Musk's influence over the government grows

Politics

3 w. ago Formerly ‘chubby kid’ first to complete ultramarathon series in under a year after being warned ‘you’re going to die’

Runners were forced to drop out due to the extreme temperatures, which reached up to 50C

Events

4 w. ago Student dies in 'tragic' gym accident as 65kg bar smashes into his head

Medical student Mohammed Farraj, 21, was performing calf raises at the Sportspark gym when a heavy bar dropped and forced his neck to the ground - he died at the scene

Events