6 h. ago Why Trump’s sweeping 25% Iran tariffs have revived fears of global trade war

Experts have warned of global economic and political ramifications if the policy is implemented

Politics

12 h. ago Iran protests latest: Trump considers next steps after ordering sweeping sanctions on Tehran’s trade partners

At least 646 people have been killed in Iran as authorities continue a violent crackdown on protesters

Politics

2 w. ago Eurostar disruption: Channel tunnel partially reopens after power supply problem halts services – business live

Eurostar ‘strongly advise’ passengers to postpone journeys after problem with overhead power supply in Channel tunnel and a failed Le Shuttle trainFull story: Eurostar cancels all trains to and from London after Channel tunnel power cutTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Politics

2 w. ago Eurostar disruption: Channel tunnel operator announces ‘gradual’ resumption to train traffic after power supply problem halts services – business live

Eurostar ‘strongly advise’ passengers to postpone journeys after problem with overhead power supply in Channel tunnel and a failed Le Shuttle trainTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Politics

2 w. ago Eurostar and LeShuttle services suspended after power supply problem in the Channel tunnel – business live

Eurostar “strongly advise” passengers to postpone their journey to a different date, after a problem with the overhead power supply in the Channel tunnel and a failed Le Shuttle trainTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Economics

2 w. ago Influx of cheap Chinese imports could drive down UK inflation, economists say

As Trump’s tariffs take effect, Britain is likely alternative destination for cars, telecoms and sound equipmentBusiness live – latest updatesThe UK is poised for an influx of cheap Chinese imports that could bring down inflation amid the fallout from Donald Trump’s global trade war, leading economists have said.After figures showed China’s trade surplus surpassed $1tn (£750bn) despite Washington’s tariff policies hitting exports to the US, the Bank of England said the UK was among the nations emerging as alternative destinations for the goods. Continue reading...

Economics