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