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White House says Canadian PM ‘caved’ to Trump demand to scrap tech tax

Trump officials hail U-turn as Mark Carney says decision to rescind digital services tax means revival of trade talks

The United States has said that Canada’s prime minister Mark Carney.. - source: The Guardian - 30.06.2025


UK economic growth confirmed at 0.7% in first quarter as household saving ratio falls – business live

UK-US trade deal kicks in today, lowering tariffs for British carmakers and aerospace sector

Good morning, and welcome to our rolling coverage of business, the financial markets and the.. - source: The Guardian - 30.06.2025


‘It breaks my heart’: how a refinery closure is hitting jobs and politics

In the second in a series, the Guardian looks at how Grangemouth struggles as Reform UK hopes to win votes

‘They feel betrayed’: how Reform UK is targeting votes in Britain’s.. - source: The Guardian - 29.06.2025


Starmer still facing Labour welfare anger over fears of ‘two-tier’ system

Rebel MPs will attempt to lay a new amendment on Monday giving colleagues a chance to delay bill despite No 10 concessions

Keir Starmer is battling to stem the revolt over his cuts to.. - source: The Guardian - 27.06.2025


Reeves expected to freeze income tax thresholds to raise fresh funds

Government’s U-turn on welfare cuts leaves chancellor with a growing hole in her budget

Rachel Reeves is expected to extend a freeze on income tax thresholds to raise fresh funds after.. - source: The Guardian - 27.06.2025


Rising poverty in conflict zones ‘causes a billion people to go hungry’

In first assessment since pandemic in 2020, World Bank urges other countries to step up support

Extreme poverty is accelerating in 39 countries affected by war and conflict, leaving more.. - source: The Guardian - 27.06.2025


EU ready for trade deal with US but ‘all options on the table’, says von der Leyen

European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs

The European Commission president, Ursula von der Leyen, has.. - source: The Guardian - 27.06.2025


US ‘close to 10 trade deals’ after China rare earth agreement reached – business live

Rolling coverage of the latest economic and financial news

Shares across Asia-Pacific markets have hit their highest level in more than three years today, as optimism builds in the.. - source: The Guardian - 27.06.2025


People dying early of cancer costs UK economy £10.3bn a year, study finds

Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lost

People dying early of cancer costs the UK economy £10.3bn a year, more than.. - source: The Guardian - 26.06.2025


Office for National Statistics has ‘deep-seated’ problems and needs an overhaul

Devereux Review on the UK’s main statistics body also says a revision of past figures may be required

The UK’s main statistics body needs a £10m overhaul and its top role split in two.. - source: The Guardian - 26.06.2025


UK businesses plead for no more tax rises; Shell says it has ‘no intention’ of bidding for BP – business live

Rolling coverage of the latest economic and financial news

Energy giant Shell has declared it has “no intention” of making an offer for rival BP, after takeover speculation swept the.. - source: The Guardian - 26.06.2025


Post-Brexit Britain ‘too focused’ on major trade deals, ministers say

New strategy to focus on ‘more agile’ modest agreements, as opposed to wide-ranging deals

Britain has focused too much on trying to sign major trade deals with other countries,.. - source: The Guardian - 25.06.2025


Big British Bank back in the spotlight with £10bn UK growth mandate

Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiry

Louis Taylor is caught between two eras. The chief executive of.. - source: The Guardian - 25.06.2025


Chinese exports to UK rise as firms seek to avoid US tariffs

Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation

Chinese exports to the UK jumped in May, according to data from Beijing, raising the.. - source: The Guardian - 25.06.2025


Tesla’s EU sales slump continues; China’s premier warns global trade tensions ‘intensifying’ – business live

Rolling coverage of the latest economic and financial news

Babcock, one of the biggest suppliers to the Ministry of Defence, has reported a 52% rise in pre-tax profit to £329m for its.. - source: The Guardian - 25.06.2025


Bank governor wades into row over Reeves’ focus on fiscal rule forecasts

Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’

The Bank of England governor, Andrew Bailey, has waded into.. - source: The Guardian - 24.06.2025


Oil slumps and markets rally as Trump announces Iran-Israel ceasefire – business live

Rolling coverage of the latest economic and financial news

Oil prices sink after Iranian strike on US airbase reduces fears of market disruption

Good morning, and welcome to our.. - source: The Guardian - 24.06.2025


UK industrial strategy: the key points – and what’s missing?

Plan to drive growth in eight sectors through measures such as trade support and cutting energy prices

Reeves calls for Middle East de-escalation amid oil price fears

Nils Pratley:.. - source: The Guardian - 23.06.2025


US strikes on Iran could damage global growth, says IMF chief

Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

US strikes on Iran could damage global economic growth, the head of the.. - source: The Guardian - 23.06.2025


IMF chief warns of broader risks from US strikes on Iran, after oil hits five-month high – business live

Rolling coverage of the latest economic and financial news

Price of oil could spike after Iran’s parliament votes to close key shipping route

The US dollar has risen, a little,.. - source: The Guardian - 23.06.2025


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