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Governor says rates still on downward path but hard to predict timing of reductions in ‘highly unpredictable’ worldBusiness live – latest updatesThe Bank of England has left interest rates on hold at 4.25%, though the central bank signalled that furthe…
Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan• Business live – latest updatesAn escalation in the Middle East conflict could have a “huge impact on global trade”, the boss of the…
Exclusive: Sources say US wants information on when importing of raw materials from abroad at Port Talbot site will stopDonald Trump is threatening to keep tariffs on some or all of its steel imports from the UK unless it gives specific guarantees over…
Exclusive: Sources say US wants information on when importing of raw materials from abroad at Port Talbot site will stopDonald Trump is threatening to keep tariffs on some or all of its steel imports from the UK unless it gives specific guarantees over…
Starmer should secure deal as soon as possible to exempt UK steel from US levies, says Community unionBusiness live – latest updatesSteel trade unions have said it is “absolutely vital” that the UK rapidly secures a deal to protect the sector from Dona…
Trade secretary Jonathan Reynolds says US is expected to slash tariffs ‘very soon’ after talks with US counterpartThe United States is poised to start lowering its tariffs on some British products within days, the UK trade secretary has indicated.Jonat…
Draft agreement may reassure top US military suppliers after president’s tariffs flip-flopping threatened productionThe draft trade agreement with China announced by Donald Trump on Wednesday would ease concerns from top US military suppliers about rar…
Agreement struck in London will increase supply of rare earth minerals and magnets for US car industry• Business live – latest updatesDonald Trump has endorsed the US-China trade deal struck in London that will ramp up supplies of rare earth minerals a…
US commerce secretary expresses optimism that deal will resolve concerns about rare earths and magnetsBusiness live – latest updatesThe US and China have extended the truce in their trade war after two days of talks in London that resulted in a “framew…
Grocers turning to Australia, Poland and Uruguay for meat, prompting claim they are undermining British farmersCheap chicken and beef from Australia, Poland and Uruguay is on the rise on UK supermarket shelves, according to the National Farmers’ Union,…