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Trump claims shrinking US economy ‘nothing to do with tariffs’ as GDP drop raises risk of recession – as it happened

US on brink of ‘Trumpcession’ after jump in imports weighs down GDP… US president blames predecessor

Bank of England backs scheme to put more economics teachers into state schools

Initial training to be offered in north-west England, as report shows disparities in access to the subject

Chinese e-commerce exports to US plummet by 65% in face of tariffs

Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU

Aston Martin limits exports to US because of Trump tariffs

Fellow carmakers Stellantis and Mercedes withdraw financial guidance for year over impact of trade war

China manufacturing activity plummets amid Trump tariff war

Index of activity drops to lowest reading since December 2023 as a result of ‘sharp changes’ in international trading

Labour not protecting people, economy and homes from climate crisis, watchdog says

Plans to protect UK from extreme weather are inadequate, Climate Change Committee says in scathing assessment

Trump reveals plans to ease tariff impact on US carmakers

US president will curb some duties on foreign parts in domestically manufactured cars, administration says

Amazon denies planning to publish tariff costs on main site, as White House blasts ‘hostile and political’ act – as it happened

Rolling coverage of the latest economic and financial news

Labour’s benefit cuts will cost UK economy billions, charity says

Trussell report finds that higher levels of poverty mean Britain is losing out on £38bn a year of potential output

US tariff war hurting trade with China; M&S cyber-attack crisis continues; FTSE 100 rises for 11th day running – as it happened

Rolling coverage of the latest economic and financial news

African diplomats urge UK government to back bill to speed up debt restructurings

Countries are struggling to manage expensive loans, with much of debt transacted through London

Trump tariffs prompt slump in shipments to US ports

Number of vessels scheduled to arrive at Port of Los Angeles next week is down by almost a third year on year

UK growth forecast to slow sharply as Trump tariffs push confidence to record low

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

Despite Pope Francis’s wishes, there’s little appetite for richer nations to help the poorest

Trump’s tariffs will make it tougher for emerging economies to service loans but debt relief has fallen off the political agenda

Peter Dutton’s team has looted economic policies used to fight past wars – and it’s not working in 2025

As the Australian economy turns, the Coalition finds itself out of step with the electorate

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  • UK living standards fall despite fastest growth in G7 – business live
  • Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s
  • I’m paying £450 a month for a Peugeot EV I can’t drive
  • Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
  • Brompton sells stakes to Decathlon and Chinese Labubu backer
  • ‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham
  • Crypto firms operating in UK to be subject to sweeping new rules
  • 1 July changes: minimum wage rises, payday super, parental leave tweaks and everything else coming for 2026–27
  • High-street slot machines and casinos could face £460m tax rise under Burnham
  • EU sets up three months of talks with China over €360bn trade deficit
  • What is Andy Burnham’s economic and political blueprint for Britain?
  • The Guardian view on Andy Burnham’s speech: Rewiring Britain needs Westminster to give up real power
  • Outcry over supreme court decision to grant Trump power to fire agency chiefs
  • Andy Burnham confirms he will set up ‘No 10 North’ in Manchester in major policy speech – as it happened
  • Nationwide to cut 600 jobs in first redundancies after takeover of Virgin Money
  • UK government borrowing costs dip and pound rises as City welcomes Burnham speech – as it happened
  • EU introduces €3 customs charge on small parcels to curb cheap Chinese imports
  • US supreme court rules Trump can fire leaders of independent agencies
  • US supreme court rules Trump’s firing of Lisa Cook from Fed was unconstitutional
  • Shares in chipmakers underpinning AI boom rocket in first half of 2026
  • Comcast to spin off NBCUniversal and Sky into separate media business
  • Ministers likely to support law change to allow delivery robots on England’s paths
  • BT and Verizon to create joint global business in $4bn deal
  • Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired Britain’
  • Hit the bar! UK pubs serve 5.5m extra pints during World Cup so far
  • Keir Starmer’s attempts to placate big tech were a disaster. Andy Burnham must take a stand
  • British American Tobacco to slash 9,000 jobs as it turns to AI
  • London cafe in legal battle with restaurant chain over ‘Eat Drink Work’ slogan
  • Holidaymakers warned over social media scams for fake accommodation
  • Good for business – or profit at any cost? The controversial side of private equity – a visual explainer

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