Sharp fall in UK business activity forecast as economic gloom deepens

CBI survey finds firms planning to reduce hiring amid weakest expectations for growth since November 2022

Rachel Reeves’ push to improve EU ties remains boxed in by red lines

Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point

The Labour party’s determination to stick to Brexit simply condemns the UK to fight a lone hand against the far-right forces ranged against it

Despite ‘spy’ scandal, Philip Hammond says Britain should now adopt a ‘pragmatic approach to Beijing’

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

Rolling coverage of the latest economic and financial news

Dramatic economic slowdown means chancellor could face lower receipts and higher borrowing costs in 2025

President-elect reignites fears of a trade war as he says bloc must make up its ‘tremendous deficit’ with US

Drop to £11.2bn a welcome figure for chancellor after backlash from business leaders to budget

Even before he assumes the presidency, Trump has sent the Canadian government into paroxysms with trade threats

Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs

Investors are betting on just one more rates cut this year, which could bring stagnation, undermining government efforts to drive the economy forward

Final UK interest rate decision of the year, as Spain’s Navantia agrees a deal to purchase Harland & Wolff’s four shipyards

Japan’s complex defence alliances built up over years as protection against China could be put at risk in a Trump-launched trade war

Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%