38 h. ago Howard Lutnick says Trump’s tariffs won’t raise prices (despite Walmart, Nike and others saying they are)

‘I would expect that prices in America will be unaffected,’ Commerce Secretary says

Politics

39 h. ago Voices: It’s all over for interest rate cuts – get your new mortgage deal now

The markets now expect only one more cut over the next year – and lenders are likely to react by raising their prices, writes James Moore

Economics

41 h. ago UK petrol prices poised to fall further as oil prices tumble

Global prices drop after reports that Opec+ is ready to raise output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may increase their production for July, despite weaker global demand for fossil fuels. Continue reading...

Politics

42 h. ago Nike set to raise prices between $2 and $10 on every item because of Trump’s tariffs

Nike shoes will likely see between a $5 and $10 price increase

Economics

44 h. ago UK petrol prices poised to fall further as oil production may be stepped up

Global oil prices tumble after reports that Opec+ is ready to raise output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may increase their production for July, despite weaker global demand for fossil fuels. Continue reading...

Politics

61 h. ago Target will only raise prices as a ‘last resort’ despite concerns over tariffs

Sales at Target fell sharply in the first quarter and the retailer warned they will slip this year as consumers, worried over the impact of tariffs, pull back on spending

Economics

3 d. ago UK inflation jumps higher than expected to 3.5% amid bills increase

Annual rise in April follows upturn in national insurance contributions and higher household costsInflation jumped in April by more than expected to 3.5% after dramatic increases in water bills, energy costs and council tax, according to official figures.A rise in employer national insurance contributions and a boost to the national minimum wage also put pressure on companies to raise prices last month by more than City analysts had forecast. Continue reading...

Economics

3 d. ago Home Depot claims it won’t raise its prices in response to Trump’s tariffs

‘It’s a great opportunity for us to take share, and it’s a great opportunity for our suppliers to take share as well,’ executive vice president says

Politics

3 d. ago Only strong action on emissions can restore economic stability, UN climate chief says

Simon Stiell says investors ‘ready to hit the go button’ if they have the right signals from governmentsThe climate crisis has raised the price of commodities and exacerbated famine – and only strong action on greenhouse gas emissions can restore economic stability, the UN’s climate chief has said.Simon Stiell, the executive secretary of the UN framework convention on climate change, was speaking in Panama, where recent years of drought drove the water to perilous lows that disrupted international trade. Continue reading...

Economics

3 d. ago Identical triplets who went bald at the same time undergo dramatic hair transformation thanks to 'the only treatment that really works'

In what is believed to be a world first Julian, Eliot and Ryan Gregory all underwent the same hair loss treatment earlier this month in a bid to keep looking alike after they started balding.

Economics

3 d. ago Majority of US companies say they have to raise prices due to Trump tariffs

Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffsA majority of US companies say they will have to raise their prices to accommodate Donald Trump’s tariffs in the US, according to a new report.More than half (54%) of the US companies surveyed by insurance company Allianz said they will have to raise prices to accommodate the cost of the tariffs. Of the 4,500 companies across nine countries, including the US, UK and China, surveyed by Allianz only 22% said they can absorb the increased costs. Continue reading...

Politics

4 d. ago Ryanair to raise air fares after lower ticket prices hit profits

Chief executive Michael O’Leary says full-year results are ‘robust’ and airline will pay about €400m in dividendsBusiness live – latest updatesRyanair has said air fares will head back up this summer after a year of lower fares saw the budget airline’s profits fall 16%.Europe’s biggest airline carried just over 200 million passengers in 2024-25 with ticket prices down 7% to fill its planes, after a dispute halted bookings from some online agents, reducing full-year profits to €1.6bn (£1.4bn). Continue reading...

Economics

5 d. ago Treasury secretary says Walmart's warnings on price increases are a 'worst

Treasury Secretary Scott Bessent is playing down inflation risks from the Trump administration’s tariffs

Events

6 d. ago Trump to talk to Putin on Monday about Ukraine ceasefire proposal and trade

In social media posts, president also slammed Walmart for price increases and spread anti-Clinton conspiracy theoriesDonald Trump has said that he will speak to both Vladimir Putin and Volodymyr Zelenskyy in an effort to stop what he called the “bloodbath” war in Ukraine, in a barrage of new social media posts that included baseless conspiracy theories and a demand that Walmart not raise prices for customers because of tariffs he has imposed.Trump, posting on his Truth Social account on Saturday, wrote that he will speak to Putin on Monday morning. “THE SUBJECTS OF THE CALL WILL BE, STOPPING THE ‘BLOODBATH’ THAT IS KILLING, ON AVERAGE, MORE THAN 5000 RUSSIAN AND UKRAINIAN SOLDIERS A WEEK, AND TRADE,” Trump wrote, in his customary all-capitalized prose. Continue reading...

Politics

8 d. ago US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy

Economics

8 d. ago Walmart warns that it has to raise prices starting this month as tariffs remain ‘too high’

Walmart’s chief financial officer warned that the ‘magnitude’ of Trump’s tariffs was more than any retailer and supplier ‘can absorb’

Events

8 d. ago Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump

Economics

8 d. ago James Argent ordered to attend rehab course or risk jail after domestic violence arrest

James Argent has been warned he must attend rehab - or risk being hauled to prison to start serving the six-month suspended jail sentence he was given after accepting the charges to ‘mistreating’ former Nicoline Artursson as part of a plea bargain deal

Events

9 d. ago Jack Butland set for Rangers return against Dundee United as Barry Ferguson to end keeper's exile

His last start was in the defeat to Hibs last month but Butland is set to return to the side

Politics

9 d. ago Katie Price reveals she needs to have an 'appropriate adult' for official paperwork because of 'severe' condition

The former glamour model, 46, opened up about her recent diagnosis on an episode of the We Need To Talk podcast with Paul C Brunson.

Politics