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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…
Senior negotiators hope to get agreement with US signed ahead of UK-EU summit on 19 May A team of senior British trade negotiators has landed in Washington as talks over a deal between the two countries gather pace.Officials from the business and trade…
Row over exemption of national insurance contributions for Indian short-term workers overshadows deal A multibillion-pound free trade agreement with India has long been touted as a big Brexit boon.Cheaper clothes and shoes for British shoppers, a huge …
India has made concessions in trade negotiations, leaving UK heralding deal as ‘most significant’ since BrexitIt is not exactly the deepest and most comprehensive trade deal the UK has ever entered, but the timing of the announcement that Keir Starmer …
Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go furtherThe Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s …
FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figuresMarkets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in April, offering a glimmer of hope that the wo…
Goods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increaseAt one minute past midnight on Friday, eastern time, a US tariff exemption that has fuelled the rise of companies such as Shein and Temu, an…
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…
US president will curb some duties on foreign parts in domestically manufactured cars, administration saysBusiness live – latest updatesDonald Trump unveiled plans to water down his sweeping tariffs for US carmakers on Tuesday by curbing some duties on…
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…