8 h. ago Interest rates live updates: Bank of England slashes interest rates to 4.25% in boost to homeowners

It marks lowest level for two years as central bank warns escalating global trade war will drag on growth over next three years

Society

26 h. ago Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a rowThe Federal Reserve kept interest rates on hold and called out growing dangers in the US economy amid Donald Trump’s erratic rollout of an aggressive trade strategy.Jerome Powell, the US central bank’s chair, cautioned that the president’s tariffs are likely to lift prices, weaken growth and increase unemployment if maintained. Continue reading...

Events

53 h. ago Trade group warns Stirling's proposed 'tourist tax' could 'harm' the region's tourism

The trade group has warned that Stirling's proposed 'tourist tax' would harm tourism in the region and called for an economic impact survey to be carried out.

Events

57 h. ago Overturning Trump film industry tariffs must be UK trade deal priority, Starmer warned

The chair of a powerful Commons committee has joined unions in warning that ministers need to step up to save the UK’s status as ‘the Hollywood of Europe’ from Trump’s 100 per cent tariffs

Events

2 d. ago Half of profit warnings in April cite trade tariff impact, reports finds

A raft of firms worldwide have sent out alerts over their profits since the tariff hikes were unleashed by Donald Trump on April 2.

Events

5 d. ago Glasgow told to ignore 'Paris affect' and slash 5% tourist tax plans

A business group is applying pressure over plans for a 5 per cent tourist tax for Glasgow.

Politics

7 d. ago Amazon warns on trade war hit as profit outlook misses forecasts

Ecommerce giant says ‘tariff and trade policies’ pose a risk to its earnings

Events

8 d. ago Spanish holiday hotspot delays tourist tax in win for those planning summer trips

The region is looking for ways to curb overtourism

Politics

8 d. ago Donald Trump 'puts UK trade deal on back burner' amid US warnings that Starmer's Brexit 'reset' will block pact

Donald Trump is said to have made clear that Britain will not be in the first 'phase' of pacts that he is hoping to strike.

Events

1 week ago Why will tourists pay a tax to stay in this UK city? Simon Calder explains

Another UK city is introducing a "tourist tax" for those who want to stay in hotels there.

Economics

1 week ago US trade deal isn't certain to happen, Labour frontbencher warns after crunch talks

Pat McFadden said he was 'hopeful' that a trade deal could be reached with Donald Trump's White House, but said it was not certain after crunch talks in Washington DC

Events

1 week ago Liverpool latest UK city to introduce 'tourist tax' as visitors to pay nightly fee

People staying overnight in Liverpool will have to start paying a £2-a-night “tourist tax” after the city’s hoteliers voted in favour of the plans - set to raise £9 million over two years

Society

1 week ago Locals 'can't wait for the tourist tax' at 'besieged beauty spot'

The once world-renowned Dinorwig Quarry, now a social media sensation, has seen an influx of visitors to its site on the edge of Eryri (Snowdonia), with numbers over the Easter weekend described as 'unbelievable'

Politics

2 w. ago IMF warns that trade tensions could test stability of world economy; Reeves ‘confident’ about US trade deal – 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...

Events

2 w. 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

2 w. ago Rachel Reeves live: ‘Collapse in confidence’ warning from UK businesses ahead of Trump trade talks

Activity across the UK’s private sector falls to more than two-year low amid Trump tariffs

Events

2 w. ago IMF forecasts three more Bank of England rate cuts this year

The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff uncertainty warning the UK is likely to see an inflation spike

Politics

2 w. ago Trump warned US economic growth to be hit hardest by tariff trade war: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

2 w. ago Trump trade tariffs will trigger UK job loses by the summer unless Starmer seals US trade deal, manufacturers warn amid global turmoil

The head of trade body Make UK said UK firms were already putting in contingency plans to deal with an expected slump in trade caused by the president's swing towards protectionism.

Economics

2 w. ago Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lendersIMF warns of ‘major negative shock’ from Trump’s tariffsEditorial: Donald Trump could cost the world $1tnThe global financial system is coming under increasing strain as Donald Trump’s trade war rocks markets, the International Monetary Fund has warned.“Global financial stability risks have increased significantly,” the IMF said in its regular snapshot of the system, urging regulators to be on the alert for potential crises. Continue reading...

Events