UK inflation rate has fallen. Here’s why it won’t last long
The rate of rising prices – inflation – has eased for the second month in a row, official figures show. In March, prices rose at an annual rate of 2.6%,…
US tariffs will make global trade shrink, says WTO
The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It added “severe downside risks”, including reciprocal tariffs and…
Spotify ‘back and functioning normally’ after global outage
Spotify says it has fixed an outage that left tens of thousands users around the world unable to stream music on the app. The firm said the the platform was…
UK bans EU cheese and meat imports to prevent disease spreading
The UK government has brought in a temporary ban on holidaymakers bringing in cheese and meat products from the EU in a bid to prevent the spread of foot-and-mouth disease.…
Tariffs will hit US economy and raise prices, says Fed boss
US economic growth will be hit and prices will rise for consumers as a result of new tariffs on goods entering the country, the head of America’s central bank has…
Nvidia shares plunge amid $5.5bn hit over export rules to China
Shares in Nvidia plunged on Wednesday after the computer chip giant said it would be hit by $5.5bn (£4.2bn) in costs due to the US government tightening its export rules…
‘Getting Instagram to fix my account was almost traumatising’
When wedding dress designer Catherine Deane saw her company’s Instagram account get hacked, she says it was “devastating”. “It felt like the rug had been pulled from under us. Instagram…
Global breakthrough to tackle shipping emissions
Countries have agreed a global deal to tackle shipping emissions, after nearly ten years of negotiations. The agreement covers the vast majority of the world’s commercial shipping and means that…
US coffee shops worried about bitter price hike after tariffs
The price for a cup of coffee in the US is going up as tariffs put the squeeze on local café and bakery owners. Some US businesses say the queues…
Chris Mason: British Steel law rushed through Parliament but it is just a stop gap
There was a moment where all they could do was wait. Government officials were holed up in a Premier Inn down the road from British Steel’s steelworks in Scunthorpe and…