11 h. ago Interest rates live updates: Bank of England slashes interest rates to 4.25% in boost to homeowners

It marks lowest level for two years as central bank warns escalating global trade war will drag on growth over next three years

Society

56 h. ago Killer fungus could infect millions in Europe due to climate change, experts warn

A Manchester scientist has warned that rising global temperatures could drive the spread of killer fungal infections

Events

8 d. ago Trump's first 100 days: Travel expert warns of ripple effects for global tourism

As Donald Trump marks his first 100 days back in the White House, a leading travel expert has warned that his early policy decisions particularly on tariffs and immigration are already casting a shadow over global tourism.

Events

9 d. ago HSBC warns over possible hit from significantly higher global tariffs

The global banking giant increased provisions for loans expected to turn sour by 202 million US dollars (£150.7 million) in the first quarter.

Events

2 w. ago Trump tariffs risk driving public debt to postwar high, says IMF

Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify

Events

2 w. ago Trump’s tariffs raise chances of U.S. and global recession to ‘almost 100%’, economist warns: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

2 w. 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

2 w. ago Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lendersIMF warns of ‘major negative shock’ from Trump’s tariffsEditorial: Donald Trump could cost the world $1tnThe global financial system is coming under increasing strain as Donald Trump’s trade war rocks markets, the International Monetary Fund has warned.“Global financial stability risks have increased significantly,” the IMF said in its regular snapshot of the system, urging regulators to be on the alert for potential crises. Continue reading...

Events

2 w. ago Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

Events

2 w. ago Scientists warn drug being 'inappropriately' prescribed could lead to 'biggest threat to global health'

At the same time, older people who may not be able to deal with infections without antibiotics are not receiving them as much - meaning they could face more complications or hospital admissions

Events

3 w. ago Global economic growth will slow amid Trump tariffs, IMF warns – as it happened

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Events

3 w. ago Global economic growth will slow amid Trump tariffs, IMF warns – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Economics

3 w. ago Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline. Continue reading...

Events

3 w. ago Global fund managers warn of accelerating risk of recession in key survey

Net “recession is coming” score is the 4th highest in the past 20 years of the BoA survey.

Events

3 w. ago More staff blowing the whistle on bullying and discrimination, data reveals

But experts warned that pressure on global firms to water down their diversity policies could make staff ‘nervous’ to report concerns.

Events

3 w. ago Will global climate action be a casualty of Trump’s tariffs?

Clean energy investors likely to pull back from US, but other countries may seize opportunity to speed transitionDonald Trump’s upending of the global economy has raised fears that climate action could emerge as a casualty of the trade war.In the week that has followed “liberation day”, economic experts have warned that the swathe of tariffs could trigger a global economic recession, with far-reaching consequences for investors – including those behind the green energy projects needed to meet climate goals. Continue reading...

Politics

4 w. ago What is a recession? Gordon Brown warns Trump is pushing the world towards recession

‘No more than a narrow window of opportunity remains if we are to prevent an unnecessary global recession,’ warns former prime minister

Events

4 w. ago Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countriesBusiness live – latest updatesDonald Trump shelved plans to hike tariffs on most countries except China, unveiling a 90-day pause and pulling back from his global trade war after days of market turmoil and warnings of recession.After insisting for days that he would hold firm on his aggressive trade strategy, Trump announced that all countries that had not retaliated against US tariffs would receive a reprieve – and only face a blanket US tariff of 10% – until July.Never miss global breaking news. Download our free app to keep up with key stories in real time. Continue reading...

Politics

4 w. ago China retaliates with 84% tariffs as Trump says ‘great time to move companies to the US’ – business live

Stock markets down in UK and across Europe after steep declines in Asia, while turmoil spreads to bond market China announces 84% tariffs on all US goods in response to Trump’s 104%Bank of England warns Trump tariffs threaten global growth and raise risk of ‘severe shocks’Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Politics

4 w. ago Bank of England issues warning of 'severe impact' of Donald Trump tariffs as it issues response

The central bank's Financial Policy Committee (FPC) has warned that the global tariffs imposed on trade could severely rock the UK's financial stability, which could have wider negative effects on the UK economy

Events