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UK interest rates more uncertain due to Trump policies, says Bank governor

Andrew Bailey tells MPs pattern of trade deals and lower tariffs ‘blown up’ with serious impacts for global economy

UK will slump to 1% growth next year as Trump tariffs bite, says OECD

US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast

US manufacturers hurt by Trump trade war; pound near three-year high against dollar – as it happened

Rolling coverage of the latest economic and financial news

Labour pushes ‘military Keynesianism’ to win support for defence spending

Government argues investment creates skilled jobs, but others say spending elsewhere would have more impact

Fiscal recklessness aside, it’s the super-rich who’ll benefit from Reform UK policies

Nigel Farage claimed last week to speak for the working class but he is still firmly wedded to the rightwing playbook

Ukraine must urgently be given the €300bn of frozen Russian assets

Confiscating the funds would shock Putin, help Ukraine, and take advantage of disillusionment in the US economy

Starmer says Farage would spook the City and give us Truss 2 – he could be right

It is not the cryptocurrencies message that is raising eyebrows, it is Reform’s broader tax and spending policies

Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case

Time and time again over the past four months, reality has failed to match Trump’s rhetoric

Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan

President tells Pennsylvania rally tariffs will aid workers but questions raised over nature of Nippon Steel investment

Government sells final shares in NatWest 17 years after £45bn bailout

Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue

Inflation data shouldn’t deter us from rate cuts, says Bank policymaker

Alan Taylor voted for a 0.5-point cut last month and feels recent economic figures are led by one-off factors

Rachel Reeves to announce billions in regional spending after Treasury rule changes

Extra investment lined up for schemes such as energy projects, roads and rails outside London and south-east

Federal Reserve issues rare statement asserting independence amid Trump pressure

Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US president

Sidi Ould Tah named African Development Bank president

Mauritanian economist who led Arab Bank for Economic Development in Africa will succeed Akinwunmi Adesina

‘I don’t want freebies’: outgoing AfDB head on why investment, not aid, will shape Africa’s future

After a decade helming the African Development Bank, Akinwumi Adesina hands over to his successor this week. He explains his optimism despite the continent’s challenges

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Newer posts →
  • Sky makes £2bn spending pledge as it prepares takeover of ITV broadcasting arm
  • Sir Geoffrey Whalen obituary
  • ‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity
  • Nurseries, vets and shops: the sectors where private equity plays a big role
  • ‘Treating children like cattle’: what happens when private equity takes over a UK care home?
  • Lucy Powell agrees Ed Miliband would be ‘good’ as Andy Burnham’s chancellor
  • Feeling bored and disconnected from your job? You may be facing workplace ‘rust-out’
  • Ministers urged to curb energy costs as Great British homes face 13% bill surge
  • ‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
  • Spirit airlines is dead and a bus travel boom looks likely – but will Greyhounds ever be cool again?
  • Ed Miliband as chancellor would benefit every part of the UK – and the bond markets
  • When it comes to taxing the super rich, there’s no need to reinvent the wheel
  • Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
  • Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy
  • Will Andy Burnham ‘go big’ in expanding the role of the state?
  • Lost your crypto access code? Be wary, there‘s a scam for that too
  • Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them
  • Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
  • The AI bubble has further to run despite the looming crash
  • Trump threatens 100% tariff on European countries that impose digital tax
  • Here’s what to do if your StubHub World Cup resale ticket is canceled
  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good

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