China’s tit-for-tat tariffs on US set to take effect
China’s tit-for-tat import taxes on some American goods are set to come into effect on Monday, as the trade war between the world’s two biggest economies escalates and US President…
‘His hands were everywhere’ – women accuse surviving Fayed brother of sexual assault
Three former Harrods employees have accused Mohamed Al Fayed’s only surviving brother of sexually assaulting them while they were working for the department store. Speaking publicly for the first time,…
Miliband refuses to say whether he personally backs Heathrow
Energy Security and Net Zero Secretary Ed Miliband has refused to say whether he is personally in favour of the expansion of Heathrow airport. Chancellor Rachel Reeves announced the Labour…
Trump suspends tariffs on small packages from China
US President Donald Trump has suspended tariffs on small packages from China, after his sudden order ending duty-free treatment for shipments worth less than $800 (£645) left the US postal…
Cheaper China e-bikes ‘kick in teeth’ for UK firms
A government decision to scrap tariffs on Chinese e-bikes coming into the UK has been described as a “kick in the teeth for British manufacturing”. Border taxes were imposed on…
Low growth and rising prices – it’s looking gloomy for the UK
Another cut in interest rates, and the surprise here was that more consideration was given to a bumper half a percentage point cut in rates today, as the UK’s economic…
Google remakes Super Bowl ad after AI cheese gaffe
Google has re-edited an advert for its leading artificial intelligence (AI) tool, Gemini, after it overestimated the global appetite for Gouda. The commercial – which was supposed to showcase Gemini’s…
When will interest rates go down again?
The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said…
Bank cuts interest rates and slashes growth forecast
The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now…
Evelyn de Rothschild left bank after misconduct claim
The famous financier Sir Evelyn de Rothschild left the bank which bears his family name after an investigation into sexual misconduct in 2003, it has emerged. De Rothschild, who died…