39 h. ago Rachel Reeves says May’s fall in GDP is ‘disappointing’; Trump tariffs knock markets – business live

Latest economic report shows UK GDP fell by 0.1% in May, following 0.3% fall in April.Full story: UK economy shrinks unexpectedly by 0.1% in blow to Rachel ReevesUS will impose 35% tariffs on Canadian imports, Trump says in letterChancellor Rachel Reeves has described the latest GDP figures as “disappointing”.Following this morning’s news that the UK economy contracted by 0.1% in May, Reeves points to the government’s efforts to support households financially:“Getting more money in people’s pockets is my number one mission. While today’s figures are disappointing, I am determined to kickstart economic growth and deliver on that promise.“The choices we have made in our first year in government have seen us extend the £3 bus fare cap, fund Free School Meals for over half a million more children, press ahead with plans to deliver free breakfast clubs for every child in the country and increase the National Minimum and National Living Wage, giving a pay rise to 3 million workers.“Flatli...

Economics

43 h. ago Rachel Reeves say GDP figures ‘are disappointing’ after UK economy shrinks for second month running – business live

UK GDP falls by 0.1% in May, following 0.3% fall in April.US will impose 35% tariffs on Canadian imports, Trump says in letterFTSE 100 hit record high on ThursdayChancellor Rachel Reeves has described the latest GDP figures as “disappointing”.Following this morning’s news that the UK economy contracted by 0.1% in May, Reeves points to the government’s efforts to support households financially:“Getting more money in people’s pockets is my number one mission. While today’s figures are disappointing, I am determined to kickstart economic growth and deliver on that promise.“The choices we have made in our first year in government have seen us extend the £3 bus fare cap, fund Free School Meals for over half a million more children, press ahead with plans to deliver free breakfast clubs for every child in the country and increase the National Minimum and National Living Wage, giving a pay rise to 3 million workers.“Flatlining growth in May highlights the ongoing pressures facing the UK ec...

Economics

44 h. ago UK economy shrinks for second month running in May – business live

UK GDP falls by 0.1% in May, following 0.3% fall in April.US will impose 35% tariffs on Canadian imports, Trump says in letterFTSE 100 hit record high on ThursdayThe pound has dropped against the US dollar, as investors react to this morning’s worse-than-expected GDP report.Sterling has lost a third of a cent to $1.354, a drop of 0.2%.“The economy contracted slightly in May with notable falls in production and construction, only partially offset by growth in services. However, across the latest three months as a whole, the economy still grew. This reflected strength earlier in the year that resulted, in part, from some activity being brought forward to February and March.“May’s fall in production was driven by oil and gas extraction, car manufacturing and the often-erratic pharmaceutical industry. Continue reading...

Economics

56 h. ago Beauty buffs stock up on £15 hair growth solution that 'made my hair grow so much'

"Definitely seen a massive difference in hair growth and thickness. Using once a week overnight for the last two months."

Economics

58 h. ago Federal employees ‘waiting on pins and needles’ for the ax to fall after Supreme Court allowed Trump’s job cuts

One National Institutes of Health staffer said, ‘F*** it ... I’m ready to retire if I can’

Politics

3 d. ago Another day, another US presidential fallout: Trump takes aim at Putin

This week Trump has set his sights on Putin after publicly knocking Iran and Israel’s heads together, but it remains to be seen if he loses patience with Netanyahu during his trip to the US, writes chief international correspondent Bel Trew

Politics

3 d. ago White House chief of staff details Musk’s ‘fatherly fixation’ with Trump and their falling out in new interview

Susie Wiles praises tech boss as ‘fascinating person’ who ‘sees the world differently’ but concedes friendship with president met ‘very troublesome ending’

Politics

4 d. ago Asian shares rise after Wall Street falls as Trump pressures trading partners with new tariffs

Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect

Politics

6 d. ago Elon Musk to create new political party after explosive fallout with Trump

The billionaire businessman, 54, revealed on Saturday that he had established the America Party

Politics

6 d. ago The UN is our best defence against a third world war. As Trump wields the axe, who will fight to save it? | Simon Tisdall

If the US cuts off the cash it will have world-changing effects, but it’s not the only country falling short in its obligations to the United Nations The United Nations and its agencies have long struggled with funding shortfalls. Now an entrenched problem is becoming an acute crisis in the shadow of Donald Trump’s executioner’s axe. The US is the biggest contributor, at 22%, to the UN’s core budget. In February, the White House announced a six-month review of US membership of all international organisations, conventions and treaties, including the UN, with a view to reducing or ending funding – and possible withdrawal. The deadline for decapitation falls next month.Trump’s abolition of the US Agency for International Development (USAID), and scrapping of most aid programmes, has already badly damaged UN-led and UN-backed humanitarian operations, which rely on discretionary funding. Yet Trump’s axe symbolises a more fundamental threat – to multilateralism and the much-battered inter...

Politics

7 d. ago Elon Musk claims he has ‘formed’ his own political party after fallout with Trump: ‘Give you back your freedom’

Elon Musk says he is forming the ‘America Party’ as he feuds with Trump over the ‘Big, Beautiful Bill’

Politics

7 d. ago Elon Musk launches new political party after blockbuster fallout with Trump

The former 'First Buddy' announced the foundation of the America Party on his X social media platform on Saturday.

Politics

7 d. ago Elon Musk starts 'America Party' as he goes against President Trump after fall

The announcement comes after the pair fell out . . . made up and then fell out again last week, which saw Donald Trump confirm that he would take a look at deporting Elon Musk from the US

Politics

8 d. ago Half a World Away: They travelled the globe with the Gallagher brothers in their heyday. But now the Oasis WAGs of the 90s lead VERY different lives

The Gallaghers are kicking off their comeback tour in Cardiff this week in vastly different romantic situations - however, both have had their share of public relationships throughout the 90s.

Society

1 week ago Republicans fall into line again and bring Trump’s agenda closer to reality

The odds of a ‘John McCain moment’ look much dimmer after Murkowski approved Trump’s ‘big, beautiful bill’ while telling reporters she doesn’t like it, writes John Bowden

Politics

1 week ago Tesla shares in death spiral after Trump's ruthless claim about Elon Musk's companies

President Trump and Elon Musk are fighting again. Now, Trump has upped his threat.

Politics

1 week ago Business news live: Tesla shares fall as Trump criticises Musk, UK government to make Cash ISA cuts

Stock markets updates and business news from Monday

Politics

1 week ago MIKEY SMITH: 8 unhinged Donald Trump moments as he threatens Elon Musk in another epic breakup

Elon Musk and Donald Trump have fallen out again - and it's not going to end well. Meanwhile the Donald is off to visit "Alligator Alcatraz" - and we show you how to smell just like Trump.

Politics

1 week ago Republican Thom Tillis won’t ‘bow to anybody’ after Trump falling out over Senate megabill

GOP senator’s announcement that he will not seek re-election after Trump criticism puts crucial swing Senate race in play

Politics

1 week ago Republican Thom Tillis slams DC ‘hypocrisy’ as he reveals he won’t run again amid public falling out with Trump

The decision puts a crucial swing Senate race in play

Politics