3 h. ago Bank of England tipped to cut rates to 3.25% as UK exports suffer worst slump since Covid

The UK's beleaguered manufacturing sector has now been shrinking for seven months in a row, according to figures from a closely-watched business survey.

Economics

10 h. ago Interest rates are set to fall at their fastest since the financial crisis of 2008, experts say

Interest rates are expected to be cut from 4.5 per cent to 4.25 per cent by the Bank of England next week, The Times first reported, in the first of what could be a string of upcoming cuts.

Events

14 h. ago UK exports in worst slump since Covid: Bank of England tipped to cut rates to 3.25% this year

The UK's beleaguered manufacturing sector has now been shrinking for seven months in a row, according to figures from a closely-watched business survey.

Economics

47 h. ago Why Canadians might want to beware what they have wished for with Mark Carney

Mark Carney has pulled off a stunning victory in Canada but his legacy in the UK from his time as governor of the Bank of England is mixed, David Maddox writes

Events

50 h. ago Nigel Farage suggests Donald Trump's Canada '51st state' of America comments backfired

Nigel Farage's comments came as ex-Bank of England governor Mark Carney turned around the Liberal's grim fortunes in Canada after repeated threats from the US President

Politics

2 d. ago Canada's VERY woke new First Family: So much for the end of the lefty Trudeau era, PM Mark Carney is supported by his eco warrior wife, vegan cook daughter and non

The 59-year-old, who has served as Governor of the Bank of England but never held public office, enjoyed a whopping victory for his party on Monday - with his wife and youngest daughter campaigning.

Society

3 d. ago Brits urged to put cardboard in their gardens before summer arrives

Leftover packaging need not go to waste as one gardening expert has shared this unique tip to help homeowners spice up their gardens and cut down on clutter

Politics

3 d. ago Who is Mark Carney? Canada's new prime minister and former Bank of England governor

Mark Carney has been elected as Canada's new prime minister following a significant victory for the Liberal Party, overcoming Pierre Poilievre's Conservatives

Politics

3 d. ago Canada election result sees Mark Carney triumph – leaving Donald Trump red

Former Bank of England governor Mark Carney has won Canada's federal election despite only becoming Prime Minister last month - his victory could prove embarrassing for Donald Trump

Politics

5 d. ago People with a cash ISA given warning as savers told 'act before Thursday'

The best Cash ISA interest rates are set to fall if and when the Bank of England cuts rates next month as expected - meaning savers are urged to act now

Events

7 d. ago UK Government confirms eight more bank holidays before the end of 2025

The recent Easter weekend saw England, Wales and Northern Ireland enjoy two bank holidays falling on Good Friday (April 18) and Easter Monday (April 21) but Scotland only one

Politics

7 d. 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

8 d. ago US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – 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...

Economics

8 d. 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

8 d. ago Bailey says BoE must ‘take seriously’ risk to growth from Trump tariffs

Bank of England governor signals that central bank is likely to cut UK interest rates next month in response to uncertainty

Politics

8 d. ago UK private sector shrinks as export orders slump; state borrowing nearly £15bn above official forecast – business live

Eurozone private sector ‘broadly stable’ in April; stocks, dollar, oil prices rise on hopes of US-China trade dealUK annual borrowing exceeds forecasts by almost £15bnThe collapse in confidence and drop in output during April raise red flags for the economic outlook and add pressure on the Bank of England to reduce interest rates again at its May meeting, said Chris Williamson, chief business economist at S&P Global Market Intelligence.While recent months have been characterised by UK businesses treading water, broadly stagnating since last autumn’s budget, businesses are reporting more of a struggle to keep their heads above water in April.April’s fall in output was the largest recorded for nearly two and a half years, consistent with GDP declining at a quarterly rate of 0.3%, reflecting falling activity and demand across both manufacturing and services. Continue reading...

Economics

9 d. 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

9 d. ago FTSE 100 bucks global Trump slump after BoE official says US tariffs might CUT inflation and wades into president's standoff with Fed chief

The FTSE 100 edged up after Megan Greene, a member of the Monetary Policy Committee, gave an assessment of the consequences of Donald Trump 's trade war.

Politics

2 w. ago Hay fever warning: Find out which regions will be worst hit as pollen count hits ‘very high’

Met Office pollen forecast map shows four regions in England have a 'very high' warning level for pollen this Easter Bank holiday

Events

2 w. ago Could Trump’s tariffs push cash ISA rates higher for UK savers?

With Cash ISAs relying on the Bank of England’s base rate of interest for their saving returns, could the inflationary impact of Trump’s tariffs lead to better opportunities?

Politics