No global recession despite US tariffs, says IMF
Trade tariff uncertainty is “literally off the charts” but there will not be a global recession, the International Monetary Fund (IMF) has said. The international economic group said in its…
UK ban on EU cheese and meat: What it means for you
The UK government has temporarily banned people from bringing cheese and some meats from the European Union (EU) into the country to stop the spread of foot and mouth disease.…
Google has illegal advertising monopoly, judge rules
A US judge has ruled tech giant Google has a monopoly in online advertising technology. The US Department of Justice, along with 17 US states, sued Google, arguing the tech…
China appoints new trade envoy in face of tariff turmoil
China has unexpectedly appointed a new trade envoy, as officials said the US’s practice of “tariff barriers and trade bullying” is having a serious impact on the global economic order.…
Why are prices rising in the UK?
Prices in the UK rose by 2.6% in the 12 months to March, less than in the previous month but still above the Bank of England’s target. The Bank moves…
EY faces investigation over Post Office Horizon audit
Accounting giant EY is being investigated over its audits of the Post Office in relation to the Horizon scandal from March 2015 to March 2018. The Financial Reporting Council (FRC),…
Falling petrol prices push UK inflation down
Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was 2.6%, down from a rate of 2.8% in February, according to official…
Falling petrol prices push UK inflation down
Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was 2.6%, down from a rate of 2.8% in February, according to official…
Food bank cuts staff due to funding shortage
A food bank which provides thousands of free meals to struggling families each week said it had been forced to make most of its staff redundant due to a funding…
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%,…