Meanwhile, Trump announced a 35% blanket tariff on imports from Canada, up from 25% announced in February, the ABC reported. Trump justified the tariffs as necessary to manage the opioid crisis, which ...

Bank of England Governor Andrew Bailey has warned the world’s largest banks against issuing their own stablecoins, setting up a potential clash with President Donald Trump’s administration and its ...

In addition to ongoing US trade tariff developments, the key macroeconomic print to watch this week will be the June US CPI inflation data (Consumer Price Index).

Rachel Treweek has tabled questions in the House of Lords seeking answers to what the government is doing to ensure firms are ...

The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate ...

The UK's FTSE 100 fell 0.4% due to concerns over domestic growth and U.S. tariff policies. Despite this, it recorded a ...

A stronger jobs report and global trade uncertainty pushed mortgage rates higher. More buyers are considering adjustable-rate ...

The new data are at odds with previous predictions. Economists surveyed by Bloomberg forecast a 0.1% increase in GDP for May.

Britain’s economy delivered an unexpected blow to policymakers on Friday, contracting for the second consecutive month in May ...

Britain's economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven advanced economies. In May the Bank of England revised up its full-year ...

Douglas Grant, Group CEO of Manx Financial Group, said the UK economy continues to be week and British SMEs are under “acute ...

The U.K. economy unexpectedly contracted for a second consecutive month in May, a sharp reversal in fortune following a stronger-than-expected start to the year that makes it more likely the Bank of ...