48 m. ago Households face higher bills due to row over gas storage hub

There are fears that the clash between the company and ministers could leave Britain without sufficient gas reserves for this winter.

Society

25 h. ago Wall Street slashes stock market forecasts amid Trump tariff fears

Banks expect gain of just 2% for S&P 500 this year, with JPMorgan and BofA among those lowering estimates

Politics

32 h. ago Why do Trump voters have no regrets? Because the people they hate are getting hurt more | Arwa Mahdawi

Even amid political chaos and rising prices, what matters most to his supporters is a macabre form of payback and vengeanceThe stock market is plunging, prices are rising, federal workers are getting laid off, students are being snatched off the street by immigration agents. The US is many things at the moment, but stable is not one of them. So, amid all this turmoil, how are all the Donald Trump voters feeling? Has buyer’s remorse set in? Are they starting to wonder whether voting in a convicted felon as president – a man who has declared bankruptcy six times – might not have been the wisest move?Not according to the polls. Rather, the US appears to be a nation of Édith Piafs: they regret rien. I’m not saying that disillusioned Republicans don’t exist; do enough digging and you can certainly find a few. And journalists have been doing a lot of digging. During Trump’s first term, there was a steady stream of media pieces profiling the regretful Trump voter. The genre has remained po...

Politics

39 h. ago The rare dreaded 'Death Cross' just flashed in the US stock market and now experts fear a Wall Street crash

A rare 'death cross' appeared on the US stock stock market this week, sparking fears that a downturn could be on the horizon.

Events

61 h. ago The bitcoin holding company betting on being the UK stock market's answer to MicroStrategy

Former head of online at Hargreaves Lansdown Andrew Webley is in the process of launching his firm The Smarter Web Company on the stock exchange.

Politics

3 d. ago Why your pension could be dealt a body blow as Trump eyes tariffs for Britain's top drug firms

If the tariff-loving Trump goes ahead with his plans, it will hit AstraZeneca - the most valuable company on the UK stock market - and also rival GSK, another stalwart of the FTSE 100.

Economics

3 d. ago Wall Street banks rake in $37 billion in best performance for a decade after cashing in on Trump's stock market chaos

JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citi Group this year recorded their best combined first-quarter performance in more than a decade.

Economics

3 d. ago Expert tips on how to navigate investing through a stock market downturn

It can be concerning to see a portfolio drop large amounts - but time is your best friend when it comes to share prices

Economics

4 d. ago Donald Trump ally Marjorie Taylor Greene made huge stock market moves BEFORE tariffs were halted

Alexandria Ocasio-Cortez on warpath after it was revealed Trump devotee Marjorie Taylor Greene bought large amounts of stock just hours before president's tariff pause.

Politics

4 d. ago Marjorie Taylor Greene's huge stock buy the day before Trump's tariff U

Marjorie Taylor Greene has admitted to purchasing between tens and hundreds of thousands of dollars worth of stock the day before and the day of Donald Trump's tariff pause.

Politics

5 d. 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

5 d. ago FTSE and global markets bounce back after Trump’s tech tariff reprieve

Investors welcomed a carve-out benefiting companies such as Apple – but White House officials have downplayed the exemptions

Politics

5 d. ago ‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’Business live – latest updatesChina has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “the sky won’t fall”, as stock markets rose on Monday amid signs of a retreat on electronics restrictions.The world’s second-largest economy has diversified its trade away from the US in recent years, according to Lyu Daliang, a customs administration spokesperson, in comments reported by state-owned agency Xinhua. Continue reading...

Politics

5 d. ago Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-livedMatt Britzman, senior equity analyst at Hargreaves Lansdown, said:Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing - and at times contradictory - messages coming out of the White House. Despite the drama, European markets have taken an easing stance on US tech components as a positive in a broad-based rally this morning, with the FTSE 100 up 1.5% in early trading.This time, it’s chips, smartphones, and other tech components taking centre stage. While there were early signs on Friday night that some broad exemptions might be in play, it turns out tariffs are still very much on the table. But here’s the twist: despite the messy rollout, what’s caught investors’ attention is the news that these products won’t...

Economics

5 d. ago Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on ChinaPeople in the US: tell us how you think Trump’s first 100 days have gone so farBillionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies.Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said: “I think that right now we are at a decision-making point and very close to a recession. And I’m worried about something worse than a recession if this isn’t handled well.” Continue reading...

Economics

6 d. ago Tariffs live: UK suspends some tariffs to ease business tension as trade deal ‘days away’

Breakthrough between UK and the US over tariffs could be reached in the coming days

Economics

6 d. ago US stock markets expected to recover after Trump drops tariffs on mobiles

Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and NvidiaUS stock markets were expected to stage a recovery on Monday after Donald Trump excluded imports of smartphones and laptops from his tariff regime late on Friday night.Shares in Apple and chip maker Nvidia were on course to soar after tariffs on their products imported into the US were lifted for 90 days. Continue reading...

Politics

7 d. ago Parliament approves British Steel bill as sources say owners blocked from entering Scunthorpe plant – live

The Steel Industry (Special Measures) has now passed through the House of Lords and is awaiting royal assentIt’s been a busy morning for Sarah Jones, who is now on BBC Breakfast.Asked whether the government had received any private offers for the company’s Scunthorpe plant, Sarah Jones said:There is not at the moment, to answer your question, a private company that is there willing to invest at this point.When we came into government, there was a deal on the table with Tata Steel in Port Talbot.We negotiated in 10 weeks a much better deal, but there was a private company willing to invest, who are now investing.We are hoping that the company will co-operate with what we are asking them to do, we hope that we will give them a notice and they will continue.If they do not, we will step in. Now the company will be liable for any costs that we incur, and we will seek to get that money back.We have the £2.5 billion fund for steel which we had in our manifesto, that we will use if necessar...

Politics

7 d. ago MPs approve British Steel bill after Chinese owners’ ‘excessive’ demands – live

Bill now proceeds to the House of Lords for debate and passageIt’s been a busy morning for Sarah Jones, who is now on BBC Breakfast.Asked whether the government had received any private offers for the company’s Scunthorpe plant, Sarah Jones said:There is not at the moment, to answer your question, a private company that is there willing to invest at this point.When we came into government, there was a deal on the table with Tata Steel in Port Talbot.We negotiated in 10 weeks a much better deal, but there was a private company willing to invest, who are now investing.We are hoping that the company will co-operate with what we are asking them to do, we hope that we will give them a notice and they will continue.If they do not, we will step in. Now the company will be liable for any costs that we incur, and we will seek to get that money back.We have the £2.5 billion fund for steel which we had in our manifesto, that we will use if necessary, so there will be no extra costs to the Exch...

Politics

7 d. ago ‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed

Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the rightWhile Donald Trump recently instituted and paused hefty tariffs, sparking a trade war and chaos in financial markets, most of the country’s conservative media either applauded the US president or critiqued the policy but not the person behind it, according to journalists and observers of conservative media.Meanwhile, economists, business leaders, Democrats and even some Republicans warned that the tariffs, which prompted the largest American stock market drop since the start of the Covid-19 pandemic, could cause a recession. Continue reading...

Politics