Category: Economics

Rachel Reeves calls for global free trade fightback to protect UK economy

New measures announced to help tariff-hit British firms amid ambitious plans to foster closer ties with EUThe chancellor, Rachel Reeves, has set out the case for far-reaching changes to global trade and economic agreements,...

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Starmer aiming to ‘pass emergency legislation in one day’ to save British Steel – live

Parliament is being recalled on Saturday to vote on emergency legislation that will bring British Steel under government controlThe care minister has defended the government’s cautious response to developments in global...

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Gove gets peerage in Sunak’s resignation honours with knighthoods for Hunt and Cleverly – as it happened

This blog is now closed, you can read more on this story hereThe care minister has defended the government’s cautious response to developments in global trade after the sweeping imposition of tariffs by the US...

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US stocks slide on opening as China raises tariffs to 125% – business live

Sell-off in US Treasuries continues as China ramps up trade war US stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment...

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Gove gets peerage in Sunak’s resignation honours with knighthoods for Hunt and Cleverly – politics live

Ex-Cabinet minister and Leave campaign chief among those recognised in former PM’s listMichael Gove to be awarded peerageThe care minister has defended the government’s cautious response to developments in global...

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GDP growth an ‘encouraging sign but we are not complacent’, says Reeves – UK politics live

Chancellor says government ‘will remain pragmatic and cool-headed’ while seeking US trade dealThe care minister has defended the government’s cautious response to developments in global trade after the sweeping...

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China raises tariffs on US goods to 125% as Xi urges EU to resist Trump ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continuesBusiness live – latest updatesWhy did ‘strongman’ Trump back down on tariffs? –...

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Growth figures ‘a dividend from stable government’, claims minister – UK politics live

Stephen Kinnock hails better-than-expected GDP figuresCare minister Stephen Kinnock has said that higher than expected GDP growth figures for February are “the dividend from a government that is stable”.Speaking on...

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Trump’s economic adviser dampens Starmer’s hopes of tariffs relief

It would take an ‘extraordinary deal’ for any country to improve on 10% rate, warns Kevin HassettTrump’s about-face on tariffs reveals chaos at the core of his presidencyBusiness live – latest updatesA...

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Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsThe US dollar...

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FTSE 100 index jumps 6% as Trump’s tariff U-turn sparks market rally – business live

China’s 84% retaliatory tariffs on US goods come into effect on Thursday, but there’s relief that Trump has paused levies against most countriesRead the latest full reportUS-China trade war intensifies as...

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