12 h. ago UBS, Barclays and SocGen reap trading windfall from market turmoil

Banks become the latest to benefit from volatility triggered by Trump’s aggressive trade policy

Politics

8 d. 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

1 week ago Trump administration’s letter of demands to Harvard that sparked standoff ‘sent without authorization’

The letter from the White House’s task force on antisemitism triggered a standoff between the Trump administration and the historic institution that continues to rumble on

Politics

2 w. ago UK scrambles for deal to stop Trump imposing 25% tariff on medicine imports amid jobs fears

Donald Trump has said he is drawing up levies on foreign drugs, suggesting they could be 25 per cent and take effect in the 'not too distant future'.

Economics

2 w. ago Venture Global debt deal wakes US junk bond market from tariff slumber

Upsized offering from energy group ends two-week high-yield bond drought triggered by Trump trade war

Economics

2 w. ago UK warned not to waste trade concessions to secure Trump deal as hopes of avoiding tariffs fade

Trade economist Simon Evenett told The Independent that the Trump administration seems ‘very reluctant to go below 10 per cent’ on tariffs

Events

2 w. ago UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.Reversing a modest fall in January of 0.1%, the increase in gross domestic product in February was five times larger than the 0.1% growth that a poll of City economists had forecast. Continue reading...

Politics

3 w. ago Petrol to fall below 130p a litre within days as Trump tariffs cause oil price to plunge

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.

Politics

3 w. ago BoE warns of possible ‘further sharp correction’ in markets after tariff turmoil

Central bank warns UK economy is particularly exposed to volatility triggered by Donald Trump’s policies

Events

3 w. ago Wall Street slumps as hopes wane for tariff delays; US says it will implement 104% tariff on China – business live

US stock market swings wildly as investor hopes for concessions and delays on tariffs waxed then waned How ‘liberation day’ rout compares with other notorious stock market crisesWall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’Trump threatens additional 50% tariffs on China over retaliatory leviesSouth Korea’s government has approved Tuesday 3 June as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his declaration of martial law.The move comes after Yoon’s removal after the country’s constitutional court voted unanimously on Friday to uphold parliament’s decision to impeach him over his ill-fated declaration of martial law in December. Continue reading...

Economics

3 w. ago FTSE 100 Live 08 April: Markets rally on dealmaking hopes, S&P 500 seen higher

Buyers returned to the London stock market today after a three day rout triggered by Donald’s Trump’s trade war threats.

Economics

3 w. ago FTSE 100 Live 08 April: Markets rally, Nikkei surges 6% on hopes of trade talks

Buyers returned to the London stock market today after a three day rout triggered by Donald’s Trump’s trade war threats.

Politics

3 w. ago UK stocks rise in early trading after days of turmoil triggered by Trump tariffs

London's FTSE 100 was up more than 1 per cent in the first few minutes of trading, after several days of heavy losses.

Politics

3 w. ago Crypto meltdown as $250BILLION is wiped off market value with Bitcoin plunging to five month low after Trump tariffs triggered global financial 'bloodbath'

Bitcoin's value had fallen to a five-month low of $76,884.04 on Monday morning, down 7.2 per cent in the last day and 5.3 per cent in the last seven.

Economics

3 w. ago FTSE 100 Live 07 April: Stock market rout deepens, index down 5% and S&P 500 set for bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

3 w. ago FTSE 100 Live 07 April: Index slides 6% as stock market rout continues, S&P 500 seen in bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Politics

3 w. ago ‘Fundamentally wrong, brutal and paranoid’: how will the world respond to Donald Trump’s tariffs?

The US president’s sweeping, unprecedented tariffs on countries around the world are threatening to reshape the global economy – so, what exactly happens next?On Thursday evening, towards the end of a long week at a textiles factory on the outskirts of Ho Chi Minh City, Nguyen Thi Dieu and her husband were watching the news. More than 8,700 miles away, US president Donald Trump was announcing sweeping, unprecedented tariffs on every country around the world. Nowhere was safe, even the uninhabited Heard Island and McDonald Islands off the western coast of Australia that, for some unexplained reason, were hit with a 10% tariff.His announcement launched a fierce global trade war and triggered a global market meltdown, including on Trump’s own cherished Wall Street, where hundreds of billions of dollars of stock values evaporated. Continue reading...

Politics

3 w. ago As Trump's tariffs trigger market meltdown, leading bank warns there is now a 60 per cent chance of a global recession

As the market meltdown triggered by Donald Trump's trade war accelerated, the FTSE 100 suffered its sharpest drop since the outbreak of the pandemic.

Economics

3 w. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers meltdown

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

3 w. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers mayhem

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics