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Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war falloutExplainer: what does it mean for mortgages and savings?Analysis: mood-boosting rate cut is a fillip for Reeves but leaves future uncertainBusiness live – l…
The forecast said low growth would place the Bank of England in difficult position ahead of next interest rate decisionSlow growth and persistent inflation will wreck Rachel Reeves’ budget plans and increase the likelihood of further tax rises in the a…
Many are giving up on the government after the winter fuel allowance cut, on which there may now be a partial U-turnKeir Starmer rode a red wave into Downing Street on the back of a furious desire for change. Poll after poll said that top of the list f…
Decline in output and new orders in April allied with rising uncertainty is prompting layoffs, survey findsBusiness live – latest updatesBritain’s factories suffered a slump in export orders last month as Donald Trump’s globally unsettling tariff regim…
Exclusive: US officials have split negotiations with countries into three phases, sources say, with South Korea taking priorityDonald Trump has made a trade deal with the UK a second-order priority, sources have told the Guardian, hampering British att…
Exclusive: Countries are struggling to manage expensive loans, with much of debt transacted through LondonDiplomats from eight southern and east African countries have signed a letter calling on the UK government to support a private member’s bill that…
Sources say pay increases will not be covered by borrowing and must come from existing budgets, setting up potential for strikesPay rises for NHS staff and teachers must be paid from existing budgets, the Treasury has warned, setting up the potential f…
Experts warn of slowing economy after score based on Americans’ financial outlooks fell by 32% since JanuaryUS consumer sentiment plummeted in April after Donald Trump’s trade war threw the global economy into chaos, according to a new report.The index…
Experts warn of slowing economy after score based on Americans’ financial outlooks fell by 32% since JanuaryUS consumer sentiment plummeted in April after Donald Trump’s trade war threw the global economy into chaos, according to a new report.The index…
In Washington, UK chancellor stresses work being done to improve economic links with EuropeBusiness live – latest updatesRachel Reeves has said the UK’s trading relationship with the EU is “arguably even more important” than that with the US, as she pr…