Economy news

Follow @Economy_UKnws

• Investors brace for sweeping Trump tariff announcement

  02-04-2025 17:09 via ft.com
  
  Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’
  
  Read more

• Bessent accuses IMF and World Bank of ‘mission creep’

  23-04-2025 16:27 via ft.com
  
  US Treasury secretary calls for reform but stops short of pulling out of the global institutions
  
  Read more

• Trump tariffs risk driving public debt to postwar high, says IMF

  23-04-2025 15:00 via ft.com
  
  Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify
  
  Read more

• Branson slams Trump’s ‘erratic’ tariffs

  23-04-2025 14:26 via ft.com
  
  Billionaire founder of Virgin Group speaks out against potential damage of US economic policies
  
  Read more

• Advertisement

• Eurozone business confidence plunges over US trade war

  23-04-2025 11:34 via ft.com
  
  Optimism falls to lowest level since November 2022, pushing economy to brink of stagnation
  
  Read more

• UK government borrowing soars as private sector activity contracts at fastest rate for 2 years

  23-04-2025 11:14 via ft.com
  
  Overshoot of £15bn in public sector borrowing puts pressure on Reeves to raise taxes as PMI figures indicate falling business confidence
  
  Read more

• Subscriber webinar: what the US-China showdown means for the world

  23-04-2025 11:13 via ft.com
  
  Join an FT webinar for subscribers on May 28 2025 1200 BST
  
  Read more

• Mercedes chief warns EU and US tariffs fuel highest ‘complexity’ in three decades

  23-04-2025 10:57 via ft.com
  
  China’s biggest car show hears German group’s ability ‘to import and export in all directions’ is affected
  
  Read more

• Advertisement

• Mercedes-Benz chief warns tariffs fuel highest ‘complexity’ in three decades

  23-04-2025 10:57 via ft.com
  
  China’s biggest car show hears German group’s ability ‘to import and export in all directions’ is affected
  
  Read more

• UK government borrows £15bn more than expected

  23-04-2025 10:54 via ft.com
  
  Figures for last fiscal year deal setback to chancellor as economy faces impact of Trump’s tariffs
  
  Read more

• Bessent says US and China need to de-escalate trade war

  23-04-2025 10:21 via ft.com
  
  Treasury secretary tempers optimism over negotiations with Beijing, saying it would ‘be a slog’
  
  Read more

• UK government borrowing exceeds expectations in last fiscal year

  23-04-2025 08:13 via ft.com
  Figures deal blow to chancellor as Trump tariffs hit economy
  
  Read more

• A crucial earnings season

  23-04-2025 07:30 via ft.com
  And more on inflation expectations
  
  Read more

• Trump says he has ‘no intention’ of firing Jay Powell

  23-04-2025 06:29 via ft.com
  Markets and dollar rise after US president eases pressure on Fed chair
  
  Read more

• FirstFT: Markets rise after Trump says he has ‘no intention’ of firing Powell

  23-04-2025 06:29 via ft.com
  Also in today’s newsletter, Putin’s Ukraine proposal and Maga Catholics seek ‘Trump-like’ pope
  
  Read more

• What would a US tariff on chips look like?

  23-04-2025 06:00 via ft.com
  A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in America
  
  Read more

• The Chinese factory jobs Trump wants to bring back

  23-04-2025 06:00 via ft.com
  Manufacturers struggle to attract young workers for physically demanding roles with long hours and low pay
  
  Read more

• Pharma bosses call for higher drug prices in EU to counter tariff threat

  23-04-2025 06:00 via ft.com
  Novartis and Sanofi CEOs push for European benchmark against US prices
  
  Read more

• China and Brics will ‘defend’ global order as Trump withdraws, Brazil says

  23-04-2025 06:00 via ft.com
  Developing nations are ‘main defenders’ of global diplomacy, argues president’s top foreign policy adviser
  
  Read more

• BP’s race to cut costs

  23-04-2025 06:00 via ft.com
  The hedge fund Elliott is turning up the heat on BP with a demand for deep spending cuts
  
  Read more

• Davos founder Klaus Schwab faces whistleblower investigation

  23-04-2025 01:40 via ft.com
  Fresh claims follow allegations last year that the chair presided over a toxic workplace culture at the organisation
  
  Read more

• Scott Bessent says US and China need to de-escalate trade war

  23-04-2025 01:36 via ft.com
  Treasury secretary tempers optimism over negotiations with Beijing in closed-door meeting
  
  Read more

• Why should I care if the US dollar falls?

  23-04-2025 01:01 via bbc.com
  
  Why movements in the US dollar have a massive impact internationally - and how it could affect you.
  
  Read more

• Three more UK interest rate cuts this year, predicts IMF

  22-04-2025 23:40 via bbc.com
  
  But the IMF also sees UK inflation going up as bills rise, while economies will be hit by Trump tariffs.
  
  Read more

• FirstFT: Vladimir Putin offers to end Ukraine invasion at current front line

  22-04-2025 23:37 via ft.com
  Also in today’s newsletter, more than 20 tourists feared killed in Kashmir attack, and JD Vance hails ‘very good progress’ on US-India trade deal
  
  Read more

• Amazon and Walmart sellers hoard goods in Canada to wait out tariffs

  22-04-2025 22:00 via ft.com
  
  Third-party vendors are betting that White House will back down on steep China levies
  
  Read more

• US tariffs threaten lay-offs at UK’s luxury car plants, industry warns

  22-04-2025 21:39 via ft.com
  
  Aston Martin and other marques that depend on American market may require aid such as furlough schemes, auto chief says
  
  Read more

• US markets rally as Treasury secretary says China trade war is ‘unsustainable’

  22-04-2025 19:44 via ft.com
  
  Scott Bessent tells investors he expects two countries to reach a deal that would end effective goods embargoes
  
  Read more

• US aerospace and defence groups warn of higher costs from Trump tariffs

  22-04-2025 19:05 via ft.com
  
  Sector has largely benefited from tariff-free trade since 1979
  
  Read more

• Trump’s trade shock hits the global economy

  22-04-2025 18:22 via ft.com
  
  The IMF is trying to make sense of the unknowable
  
  Read more

Follow @Economy_UKnws on Twitter!