Bank cuts interest rates and slashes growth forecast
The lower growth forecast comes as the Bank of England cut interest rates to 4.5% from 4.75%....
UK will only narrowly avoid a recession, says Bank
The Bank of England cuts interest rates to 4.5% and downgrades its economic outlook....
Zero growth and rising prices – it’s looking gloomy for the UK
The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista....
Faisal Islam: The tariff wars have begun – buckle up
The UK will still be hit even if not directly targeted by Trump’s tariff measures....
Norwegian oil giant cuts green investment in half
Equinor will slash investment in renewable energy while ramping up oil and gas production....
China challenges Trump tariffs as ‘discriminatory’
Beijing says the US is making “unfounded” claims about its role in the fentanyl trade to justify new tariffs....
De Rothschild left bank after sexual misconduct claim
Evelyn de Rothschild left his family bank after an allegation of sexual misconduct, it has emerged...
US Postal Service stops accepting parcels from China and Hong Kong
It says the suspension will be in place “until further notice” and did not offer a reason for the decision....
Barbie maker warns Trump tariffs may drive up prices
Toy maker says strategy to cope with tariffs includes potential price hikes and changes to its supply chain....
Estee Lauder ramps up job cuts as tariff war looms
The beauty company is expanding its restructuring programme, warning of global volatility....