4 d. ago France avoids recession as economy returns to growth; UK house prices drop – business live

Rolling coverage of the latest economic and financial newsChina manufacturing activity plummets amid Trump tariff warAverage UK house prices fell this month, lender Nationwide reports, after the rush to avoid an increase in stamp duty faded.According to Nationwide, house prices fell by 0.6% in April, with the average price dropping to £270,752 from £271,316 in March.Early indications suggest there was a significant jump in transactions in March, with buyers bringing forward their purchases to avoid additional tax obligations.“The market is likely to remain a little soft in the coming months, following the pattern typically observed following the end of stamp duty holidays. Nevertheless, activity is likely to pick up steadily as summer progresses, despite wider economic uncertainties in the global economy, since underlying conditions for potential home buyers in the UK remain supportive. Continue reading...

Economics

1 week ago UK open to lowering tariffs on US goods to secure Donald Trump trade deal

Chancellor Rachel Reeves said Donald Trump is 'keen' to forge an agreement with the UK, which could ease the impact of his sweeping trade tariffs on British businesses

Economics

1 week ago Ukraine, Russia trade accusations of breaking Easter truce before London talks

Ukraine, Russia trade accusations of breaking Easter truce before London talks  MSN

Politics

1 week ago Ukraine, Russia trade claims of breaking Easter truce before London talks

Ukraine, Russia trade claims of breaking Easter truce before London talks  The Washington Post

Politics

1 week ago Oscar Piastri storms to Saudi Arabian F1 GP win and now leads title race

McLaren man’s win catapults him 10pts clear in title raceMax Verstappen pays price for first-lap penaltyMaintaining a focus and equilibrium under pressure has always been one of the hallmarks of Formula One’s greatest proponents and Oscar ­Piastri is demonstrating it with striking assurance for one so young.His victory at the Saudi Arabian Grand Prix, beating the world champion Max Verstappen, was an object lesson in the 24-year-old’s calm and confidence and his potential to take the title in only his third season. Continue reading...

Events

2 w. ago Amazon slashes price of Bosch high pressure washer with 'impressive performance' by 26%

Amazon's deal on the Bosch EasyAquatak 110 high pressure washer means you'll save £22 - perfect for garden cleaning jobs this spring and summer

Events

2 w. ago FTSE 100 claws back week of strong gains after Trump tariff nosedive

The FTSE 100 delivered a week of solid gains ahead of Easter as unpredictable US trade policy continues to drive volatility in global markets.

Politics

2 w. ago Sainsbury's braces as supermarket price war puts pressure on profits

Sainsbury's expects its income to fall by £1bn this year as it ramps up investment in lowering grocery prices for shoppers.

Economics

2 w. ago UK inflation dips in March, potentially paving the way for another interest rate cut

Inflation in the U.K. fell for the second month running in March largely as a result of lower prices at the pump, a move that is likely to pile pressure on the Bank of England to cut interest rates next month

Economics

2 w. ago Family's heartbreak as baby boy dies in tragic accident while on holiday in St Lucia

Seven-month-old Tommy Taylor-Mclean fell off of a bed on the first day of a family trip to the Caribbean island of St Lucia, East London Coroner's Court has heard.

Events

2 w. ago 'Gorgeous' Brit who died on his own Benidorm stag do pictured as crushing tributes paid

Oliver Holroyd, 29, was due to get married to his fiancee Paige Whiteley next month, but fell ill while enjoying drinks at the Funky Flamingo bar in the Spanish resort of Benidorm

Events

2 w. ago Decathlon launches Easter Buyback Weekend to trade in unused sports gear

Running across more than 40 stores nationwide his is Decathlon UK's first-ever Easter Buyback Weekend

Politics

2 w. ago China’s Xi Jinping is in Vietnam to figure out how to ‘screw’ the US, says Trump

US president issues scathing view of Chinese counterpart’s motivations amid escalating trade war with Beijing Xi Jinping’s tour of South-east Asia this week is likely intended to “screw” the United States, President Donald Trump has suggested, as the Chinese leader embarks on five-day tour of some nations hardest hit by Trump’s tariffs.China’s president arrived in Hanoi on Monday, where he met Vietnam’s top leader, To Lam, called for stronger trade ties, and signed dozens of cooperation agreements, including on enhancing supply chains. Continue reading...

Politics

2 w. ago Tariffs live: UK suspends some tariffs to ease business tension as trade deal ‘days away’

Breakthrough between UK and the US over tariffs could be reached in the coming days

Economics

3 w. ago ‘Completely out of touch’: golf and dinners for ‘king’ Trump as economy melts down

Casual attitude as markets fall suggests man detached from anxieties of ordinary voters – and surrounded by yes menAfter lighting a fuse under global financial markets, Donald Trump stepped back – all the way to a Florida golf course. A week later, having just caved to pressure to ease his trade tariffs, the US president defended the retreat while hosting racing car champions at the White House.Trump had spent the time in between golfing, dining with donors and making insouciant declarations such as “this is a great time to get rich”, even as the US economy melted down. Continue reading...

Politics

3 w. ago US wholesale inflation fell last month as price pressures eased, but trade war clouds outlook

The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell 0.4% from February

Economics

3 w. ago US egg prices break record high for third consecutive month even as inflation drops

The 12-month inflation rate at 2.4%, down from 2.8% in February, was largely fueled by a sharp fall in gas pricesThe price of eggs continues to soar for American consumers, rising by almost 6% in March even as overall inflation fell slightly.Breaking a record high for the third consecutive month, the average cost of a dozen large eggs hit $6.23 in March – more than double the price just 12-months earlier, according to new figures released by the Bureau of Labor Statistics on Thursday. This surpassed the previous record highs of $5.90 a dozen in February, and $4.95 in January. Continue reading...

Economics

3 w. ago Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffs

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats

Economics

3 w. ago NHS meets key cancer target amid warning that patients still face delays to care

The overall waiting list for treatment also fell for the sixth consecutive month.

Events

3 w. ago Furious Beijing accuses Trump of 'going against the whole world' after he refused to reverse punishing 125% tariffs as China renews vow to 'fight to the end' in trade war

Trump's multi-front trade war narrowed focus on its eastern theatre as duties were temporarily lifted from dozens of global trading partners - while China faced more tariffs

Politics