7 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

9 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

10 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

27 h. ago How to fight a fascist state – what I learned from a second world war briefing for secret agents | Zoe Williams

You can forget the advice on disguises, secret codes and spreading propaganda by dropping leaflets in train carriages. But there is something for us all here about the need for actionThe SOE Syllabus was a series of lectures given to prospective secret agents in Britain during the second world war. These “lessons in ungentlemanly warfare” were released from the top secret bit of the Public Record Office (now known as the National Archive) and published as a historical curio in 2001, when my esteemed colleague John Crace picked out the sillier bits in one of his Digested Read reviews. There was a whole lecture about how to craft a disguise, in which people with sticky-out ears were advised to use glue to pin them back.But now, 24 years later, I have picked up the book with a graver purpose – just on the off-chance that if we end up having to resist a fascist state, the past might have something to offer. They won’t know everything, these ungentlemanly gentlemen, being as they didn’t ...

Politics

28 h. ago GCHQ intern who threatened national security pleads guilty to downloading Britain's secrets including the names of spies onto his mobile phone

A GCHQ intern who endangered national security by downloading top secret information including the names of spies is facing jail.

Events

35 h. ago Sport must step up and be part of the social revolution to reach ‘lost boys’ | Cath Bishop

Gareth Southgate wants role models to offer a different path from toxic influencers. Do those in sport have the will to do so?Amid all the pressing problems of the day, one crisis has cut through: the acute need for greater support, care and steady role models for young men, addressed powerfully through the Netflix series Adolescence, explored in the Centre for Social Justice paper Lost Boys and discussed in parliament. Then came the BBC Richard Dimbleby lecture by the former England manager Sir Gareth Southgate, reinforcing the importance of belief and resilience for young people in a challenging world.Southgate continues to embody how sport and society can connect in a new way. The question now is whether the rest of sport – its leaders, coaches, athletes, volunteers and fans – stands ready to take up the cause and whether sport has the collective vision, will and competence to do so effectively. Continue reading...

Politics

52 h. ago Britain's second home ghost towns FIGHT BACK: Locals told to secretly REPORT rich neighbours greedily buying up houses as seaside villages wage war on out

EXCLUSIVE: From April 1, more than 150 councils across the country will increase the tax on second homes to 100 per cent - meaning bills could rise as much as £10,000 for the year.

Society

53 h. ago Former SAS hero says Britain 'can't trust' the United States with top secret intelligence after 'moronic' war plan leak

Chris Ryan feared the lives of British and American spies could be at risk following the extraordinary security blunder by senior US officials - and warned similar failures would likely happen under Trump

Events

3 d. ago Inside Britain's secret gang war: How Bristol is fighting knife crime 'plague' as five teenage boys die in senseless tit for tat bloodshed

A horrifying knife crime epidemic in Bristol is tearing families apart as local gangs of schoolboys armed with zombie knives and machetes leave a trail of bloodshed behind.

Events

3 d. ago Man locked in his own home for 20 years questions why accused stepmother remains free

‘This victim is afraid. This victim lives in fear’

Politics

3 d. ago Connecticut woman accused of holding stepson captive for 20 years pleads not guilty

The 32-year-old paints a picture of two decades of severe abuse, while his stepmother, Kimberly Sullivan, denies all wrongdoing, writes Josh Marcus

Politics

5 d. ago A man claims he was held captive for two decades – his family now want answers

Relatives are hoping to reconnect with a 32-year-old man who told police he was held captive

Politics

5 d. ago The secrets of Britain’s connection with the world’s least known ancient civilizations

How Bronze Age British industry contributed to Mediterranean civilization 33 centuries ago

Politics

6 d. ago GMB viewers slam Defence Secretary's 'pathetic' response to White House text leak

Good Morning Britain viewers weren't left impressed by Defence Secretary's John Healey's statement on the recent White House text leak

Society

7 d. ago Secrets of Britain’s ancient elites revealed by remarkable find in Yorkshire field

The remarkable find offers insights about the wealth and power dynamics of 1st century Britain

Politics

8 d. ago Does the Hall of Records really exist? Scientists reveal the truth about the legendary concept

EXCLUSIVE: Some believe the Hall of Records contains vast amounts of lost wisdom and knowledge about the famous ancient civilization. But does the Hall of Records really exist?

Politics

9 d. ago Scientists who discovered 'vast city' underneath Egypt's Giza pyramid reveal new secrets about mysterious structures

Scientists claim to have found a 'vast city' beneath Egypt's Giza Pyramid, which they believe could be the legendary Hall of Records, said to hold knowledge about the ancient civilization

Politics

1 week ago KGB double agent Oleg Gordievsky who defected to Britain dies in Surrey

Oleg Gordievsky was regarded one of Britain's most valuable spies, providing vital information to the British Secret Intelligence Service from 1974 to 1985. He died peacefully at his home in Surrey.

Events

1 week ago Britain's nuke warning to Putin amid Nato crisis: Defence Secretary says UK deterrent can do 'untold damage' to Russia saying weapons are the 'ultimate guarantor' of security

John Healey insisted the deterrent was the 'ultimate guarantor' of the UK's security amid rising tensions and questions about the Nato alliance.

Events

1 week ago Living Nostradamus says Elon Musk might accidentally put us in touch with aliens

EXCLUSIVE: The ‘modern-day Nostradamus’ reckons that some of the technology the world's richest man Elon Musk is working on could inadvertently connect us with ET and his space mates

Politics