55 h. ago Business news live: FTSE flat as inflation higher than expected before interest rates decision

Stock market reaction and business news from Wednesday

Economics

56 h. ago Business news live: UK inflation higher than expected before interest rates decision

Stock market reaction and business news from Wednesday

Economics

3 d. ago Business news live: FTSE 100 falls but oil shares rise after UK

Stock market reaction and business news from Tuesday

Politics

3 d. ago Trump claims EU is not yet offering a fair trade deal – business live

Rolling coverage of the latest economic and financial newsTrump says UK is protected from tariffs ‘because I like them’ as trade deal is signed offIran and Israel crisis: what does it mean for the price of oil?Global oil supply is set to increase “far” faster than demand in the coming years, the International Energy Agency has predicted.In a new report, the IEA argues that oil markets are undergoing structural changes as the key drivers of supply and demand growth of the past 15 years start to fade.This growth is set to be dominated by robust gains in natural gas liquids (NGLs) and other non-crude liquids. The strategic shift towards higher non-crude capacity is driven by strong global demand for petrochemical feedstocks and the development of liquid‑rich gas resources.UK’s FTSE 100: -46 points or -0.5% at 8828 pointsGerman DAX: down 267 points or -1.1% at 23,430 pointsFrench CAC: down 61 points or -0.8% at 7,680 pointsAfter rallying on Monday on hopes that the Israel and Iran confl...

Economics

9 d. ago Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

9 d. ago Stock markets rise after US and China agree framework deal to restore trade war truce – business live

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsRichard Hunter, head of markets at interactive investor, says this week’s talks in London between the US and China “represent progress”, despite the lack of detail about what was agreed:“Apparently constructive talks between the US and China have put markets on a firmer footing, as investors hope that the worst of the tariff turbulence may have passed.Details of the framework which has been agreed in principle were patchy and in any event yet to be signed off by both Presidents. Chinese exports of rare earth minerals are likely to have been high on the agenda, although at this stage it has not become apparent what China may have negotiated in return.“Markets will likely welcome the shift in tone from confrontation to coordination. But with no further meetings scheduled, we’re not out of the woods yet. The next step depends on Trump and Xi endorsing and enforc...

Economics

3 w. ago Russia's concern over NATO's expansion is FAIR, Donald Trump's envoy to Ukraine says

The key Trump confidant and former National Security Adviser added the future of NATO enlargement ultimately rests with Trump.

Politics

3 w. ago Trump adviser confident tariff ruling will be overturned and says three trade deals nearly done – live

Kevin Hassett says three trade deals are nearly complete and more expected; Stephen Miller says ‘the judicial coup is out of control’ after federal court blocks tariffsTrump allies rail against court ruling blocking wide swath of tariffsA federal judge will consider on whether to further block the Trump administration from revoking Harvard university’s ability to enroll international students (see post at 10.38 for more details).At a hearing in Boston, US district judge Allison Burroughs will weigh whether to extend a temporary order she issued last Friday that blocked the US department of homeland security from carrying out the revocation it issued a day earlier. Continue reading...

Economics

3 w. ago White House stunned as Hegseth inquiry brings up illegal wiretap claims

Exclusive: Trump advisers lose confidence in Pentagon leak investigation Hegseth used to justify firing three top aidesThe White House has lost confidence in a Pentagon leak investigation that Pete Hegseth used to justify firing three top aides last month, after advisers were told that the aides had supposedly been outed by an illegal warrantless National Security Agency (NSA) wiretap.The extraordinary explanation alarmed the advisers, who also raised it with people close to JD Vance, because such a wiretap would almost certainly be unconstitutional and an even bigger scandal than a number of leaks. Continue reading...

Events

last month UK politics live: Rayner ‘urged Reeves’ to raise taxes on wealthy pensioners in secret memo

The chancellor has been adamant she will not turn to tax rises to fund the government’s policies

Economics

last month UK politics live: Reeves defends ‘necessary’ winter fuel payment cuts amid speculation over U

Senior government figures are in talks about whether to U-turn on the chancellor’s winter fuel cuts within weeks

Politics