Wall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened
Donald Trump has “blinked”, says analyst, at Washington and Beijing cut reciprocal tariffs by 115 percentage points, for 90 days at least China and US agree 90-day pause to trade war initiated by Donald Trump Asked about the details of the new tariffs between the US and China,
Read MoreUK savers urged to ‘act now’ before interest rates start falling
Experts say there are competitive products available despite expected Bank of England rate cut Britain’s savers are being urged to “act now” to take advantage of the best rates before they start falling. With a Bank of England interest rate cut on Thursday considered a near-certainty, experts cautioned
Read MoreBigger than expected inflation jump worsens Bank of England dilemma
Bank torn between calls to cut interest rates to boost growth and need to damp down price rises UK inflation jumps higher than expected to 3.5% Business live – latest updates For households across Britain, April was an awful month. Rising energy bills, broadband costs and the sharpest
Read MorePace of UK interest rate cuts is too rapid, Bank of England chief economist says
Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts Business live – latest updates The pace of UK interest rate cuts has been “too rapid” at a time when pay packet increases remain strong and could fuel a
Read MoreUK inflation jumps higher than expected to 3.5% amid bills increase
Annual rise last month driven by higher payments for gas, electricity, water and transport in ‘awful April’ Analysis: Bigger-than-expected inflation jump worsens Bank of England dilemma Business live – latest updates Inflation in the UK jumped by more than expected last month to 3.5% – its highest rate
Read MoreOver half a million more children to get free school meals
New entitlement to free school meals for all children in household on Universal Credit. HM GovernmentSource
Read MoreIsrael’s new aid system is inhumane. Israel needs to end its restrictions on aid now: UK statement at the UN Security Council
Explanation of vote by Ambassador Barbara Woodward, UK Permanent Representative to the UN, following the vote on the E10 draft UN Security Council resolution on Gaza. HM GovernmentSource
Read MoreWho is calling the shots when it comes to UK wage levels: workers or bosses?
Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power When Eastbourne’s refuse collectors secured a huge 11% pay rise, increasing to 19% for the lowest paid, it seemed like worker power was back. It was early 2022 and
Read MoreSouth Western Railway services transferred to public ownership
South Western Railway services are now managed by DfT Operator Ltd (DFTO). HM GovernmentSource
Read MoreLargest ever UK defence AI trial conducted across land, sea and air
Sailors and air crews are set to benefit from new artificial intelligence (AI) capabilities following the UK's largest ever multi-domain AI trial, bringing together land, sea and air equipment. HM GovernmentSource
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