A record-breaking tunnel is being built under the Baltic Sea between Denmark and Germany, which will slash travel times and improve Scandinavia’s links with the rest of Europe. Running for…
US President Donald Trump has appeared to soften his recent comments on China and the head of the US Federal Reserve after recent clashes as he pursues his economic agenda.…
Tesla boss Elon Musk has pledged to “significantly” cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for…
Governments borrow to fund “day-to-day” spending, as well as long-term infrastructure projects like the Elizabeth Line The UK government generally spends more than it raises in tax. To fill this…
The government borrowed more than expected last year, placing more pressure on the public finances ahead of the full impact of US tariffs being felt on the UK economy. Borrowing,…
The transport secretary has pledged to reduce the number of learner drivers in England waiting more than five months to sit practical tests. Heidi Alexander said the government would aim…
The European Union has ordered Apple and Meta to pay a combined €700m (£599m) in the first fines it has issued under legislation intended to curb the power of big…
China has sent back planes it ordered from the US in its latest retaliation over Trump tariffs, the boss of aircraft maker Boeing has said. Kelly Ortberg said two planes…
Chancellor Rachel Reeves has signalled the UK could lower tariffs on US car imports as she tries to broker a trade deal with the Trump administration. Reeves said she wants…
There is an opportunity for a “big deal” between the US and China on trade, America’s Treasury Secretary Scott Bessent has said. Asked about an upcoming meeting between the countries,…