Category: Global economy

UK marketplace sellers face ‘second Brexit’ hit from Trump’s US import rules

End of ‘de minimis’ policy for Chinese goods also expected to hit bigger fashion retailers such as Asos and BoohooMany UK-based independent sellers on marketplaces such as eBay and Amazon could suffer a significant...

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Caught in the middle: UK firms brace for fallout from Trump’s global trade war

While UK may not be in direct line of fire, knock-on effects on global trade has British businesses worried“We’re vulnerable at the moment,” says Fiona Conor, the managing director of Trust Electric Heating, a...

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UK economy on course for 1.5% expansion, NIESR predicts

Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hitThe British economy is on course to expand by 1.5% this year after the budget gave a boost to public spending...

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Bank of England cuts interest rates to 4.5% but halves UK growth forecast

MPC votes for new quarter-point cut but downgrades economic outlook and predicts inflation will rise to 3.7% by autumnThe Bank of England has cut interest rates to 4.5%, but warned UK households face renewed pressure from rising...

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Bank of England cuts interest rates to 4.5% and halves UK growth forecast

Latest quarter-point reduction comes with warning households face inflation of 3.7% by autumnUnambiguously bleak forecasts pave way for spending cutsWhat does the rate cut mean for mortgages and savings?Business live –...

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US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – as it happened

European markets fall as Trump says EU tariffs will ‘definitely happen’, but stocks recover after Mexican tariffs delayed by a monthTrump pauses plan to impose 25% tariff on Mexico after Sheinbaum agrees to deploy...

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US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – business live

European markets fall as Trump says EU tariffs will ‘definitely happen’; stocks and cryptocurrencies tumble in Asian trading hoursTrump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China...

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European and UK stock markets hit by global trade war fears after Trump tariff threats – business live

European markets fall as Trump says EU tariffs will ‘definitely happen’; stocks and cryptocurrencies tumble in Asian trading hoursTrump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China...

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Trump tariffs live: stock markets roiled by global trade war fears as Canada, Mexico and China retaliate

European and US futures slump as Trump says EU tariffs will ‘definitely happen’; stocks and cryptocurrencies tumble in Asian trading hoursTrump says EU tariffs will ‘definitely happen’ as Mexico, Canada...

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Trump tariffs: markets brace for falls as Mexico and Canada hit back

Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suitCanada and Mexico hit back after Trump signs order for tariffsEconomic news...

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