48 m. ago FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live

Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goodsChina retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US importsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right ...

Economics

56 m. ago Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair

While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its directionUS politics live – latest updatesDonald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair Jerome Powell has warned, defying the US president’s demands for an immediate interest rate cut.While the US economy remains robust, Powell cautioned that there is high uncertainty over its direction. “Downside risks have risen,” he told an event in Arlington, Virginia, on Friday. Continue reading...

Economics

65 m. ago The Grand National horses with Welsh jockeys you can bet on as fans gather to support

The 2025 Grand National will see two Welsh jockeys ride in the biggest race of them all, with fans back home cheering them on in Chepstow

Politics

65 m. ago Spring into savings and discover Easter deals on beauty, fashion and more

Egg-cellent deals await you this Easter

Economics

69 m. ago ‘Like sleeping in dirty clothes’: how often should you wash your linens?

Doing laundry can be a tedious task and how often you wash each type of item depends on how much contact it has with your skinIs there any domestic task more sisyphean than laundry? No sooner have you pulled a crisp, clean sheet on to your bed than it is time to strip it off and start over. Blink and a clean towel becomes dirty. Somehow, lives, careers and relationships must fit into the tiny slivers of time between loads.I don’t enjoy laundry; give me dish duty any day. I do, however, enjoy living in a clean space that doesn’t smell like a locker room. Textiles can really trap scent – and bacteria. Continue reading...

Politics

69 m. ago Ruben Amorim's Man United transfer plan 'confirms' Viktor Gyokeres decision as two deals eyed

Latest Manchester United transfer news and opinion as Ruben Amorim's transfer stance for the summer won't be what supporters want to hear

Economics

69 m. ago Noel Clarke allegations had ‘high public interest’, Guardian editor tells court

Bafta endorsement could have escalated actor’s allegedly abusive behaviour towards women, Kath Viner saidThe editor-in-chief of the Guardian, Katharine Viner, has told the high court there was a “very high public interest” in reporting allegations made against Noel Clarke after he received a special Bafta award.In a witness statement, Viner said she believed it was conceivable that the actor’s endorsement by the British academy film awards could lead to an escalation of his allegedly abusive behaviour towards women. Continue reading...

Events

70 m. ago Rylan Clark says he 'can confirm' weeks after huge joint Rob Rinder announcement

The BBC Radio 2 star responded to some potential showbiz rumours.

Politics

77 m. ago DWP rule change will see thousands more eligible for £333 monthly benefit from Monday

The earnings limit for Carer's Allowance is going up from next week, meaning thousands of people will be better off

Economics

90 m. ago Martin Rowson on Donald Trump smashing up the world economy – cartoon

Continue reading...

Politics

1 hour ago De Bruyne’s exit creates Club World Cup uncertainty and Postecoglou the ‘lone voice’ on VAR: football – live

Premier League: 10 things to look out for this weekendRead Football Daily | And email Luke with your thoughtsAn email: “On the subject of Ange Postecoglou,” writes Peter Wilkinson. “I’m not a Spurs fan so I don’t have a dog in the race but it amuses me that while fans give players and managers absolute pelters, as soon as they get a bit back the fans start clutching their pearls saying it’s a disgrace. If you can’t take it, don’t give it out.”A fair point well made, Peter. Ange is due to face the press shortly in an appointment he’s probably looking forward to with as much relish as a trip to the dentist for root canal surgery. It could get spiky, mate. Continue reading...

Society

1 hour ago Kevin De Bruyne's Liverpool transfer admission as Man City star announces he’s leaving

Kevin De Bruyne has confirmed he is leaving Manchester City this summer after 10 years at the club - but he once envisioned achieving such success with Liverpool instead

Events

1 hour ago Cash ISA update as Rachel Reeves confirms ‘worthwhile’ reform

The Chancellor warned saving money could be ‘a disservice to people’

Economics

1 hour ago Grand National results LIVE: Tips and updates as Jonbon triumphs on Ladies Days at Aintree

Follow all the action from Aintree as the festival builds up to the showpiece on Saturday

Events

2 h. ago Willie Haughey fury at Queen's Park over derogatory pub quiz names as seething owner unloads during Spiders exit speech

The 68-year-old confirmed Record Sport's story earlier this week that he was pulling out of the historic Glasgow outfit

Politics

2 h. ago Planning application for Cumbria coal mine dropped after legal setbacks

The Government confirmed on Friday that West Cumbria Mining withdrew its application for the site near Whitehaven.

Politics

2 h. ago ‘An intellectual stuck in a Batman suit’: readers remember the genius of Val Kilmer

Guardian readers recall encounters with a brilliant actor who was kind, generous and much more than a heart-throb• Val Kilmer, star of Top Gun and The Doors, dies aged 65• An ethereally handsome actor who evolved into droll self-awareness• A life in picturesI worked as a dialogue coach on Oliver Stone’s Alexander in 2003. Val was playing Alexander’s father, Philip II of Macedon. Oliver wanted the Macedonians to have Celtic accents in contrast to the Greeks, who looked down on the Macedonians, as the English have only too frequently done to neighbours of the UK. We were prepping in Morocco and I had been working for a while with Val on his Irish accent when my 95-year-old mother died and I had to leave for a couple of days for her funeral. During my absence, Val had to go home for a short while. When I returned I opened my hotel room door to find it awash with beautiful white roses. Val had sent them before he left, leaving a note of condolence and both his personal phone numbers so ...

Politics

2 h. ago ‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates sayUS politics live – latest updatesThe sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say.Trump’s new 10% universal tariffs – which are higher for many major economies – are wreaking havoc on the global economy and are expected to increase consumer prices in the US. But the levies will not apply to many fossil fuel products, including liquefied natural gas imports, crude oil from Canada, and materials needed for making petrochemicals. Continue reading...

Politics

2 h. ago The reckless fantasy of austerity as a panacea is coming for European football | Aaron Timms

The same economic forces that led to stagnation today are already in practice at the world’s biggest clubsThe problem with running a modern top-flight football club is that raising revenue is hard to do. Once you’ve grabbed your slice of league-wide media rights, made a vaguely colonial-sounding pre-season tour of the “Far East,” stitched up some sponsorship deals with a gambling company or a country’s tourism agency, and shipped as many shirts as the global merch market can handle, you hit the ceiling of your earning capacity. At that point, as a club, what do you do?You can raise ticket prices, which risks alienating fans and the local community you’re supposed to represent. You can try your hand at a few miserable little crypto or AI plug-ins to build “engagement” among supporters or become a pioneer in the nascent field of fan “activations,” with limited potential returns. You can promise to build a new 100,000-seat stadium, but that takes time and money and doesn’t solve your i...

Sport

2 h. ago As Orbán quits the ICC, other nations have a choice to make: do we back the rule of law or not? | Steve Crawshaw

There is a principle that even the most powerful leaders must be accountable. Increasingly, that is under threat, but it must be defendedIt was unsurprising that Benjamin Netanyahu praised Viktor Orbán’s “bold and principled” stand, in response to Hungary’s announcement yesterday that it will leave the international criminal court (ICC). More dismaying is that too few governments seem ready to stand up against impunity at a time when, because of Donald Trump, the very existence of the Hague court is under threat.Hungary’s leader described the ICC as “a political forum”; the Israeli prime minister, during his defiant visit to Budapest this week, complained of a “corrupt organisation”. That is all logical enough. Four months ago, the court confirmed an arrest warrant for Netanyahu for alleged war crimes and crimes against humanity. He could hardly be expected to praise his own indictment.Steve Crawshaw is the author of Prosecuting the Powerful: War Crimes and the Battle for Justice. H...

Politics