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Conservatives join backlash over Trump pick for head of labor statistics: ‘Not a credible source of information’

Even Republican economists have criticized president’s pick of EJ Antoni to lead the Bureau of Labor Statistics

Donald Trump fired Bureau of Labor Statistics (BLS) commissioner Erika.. - source: The Guardian - 14.08.2025


UK economy grew by 0.4% in June on stronger services and construction output – business live

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, but economists expect ‘subdued’ autumn

Rachel Reeves, the chancellor, has welcomed.. - source: The Guardian - 14.08.2025


UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion last month

The UK economy grew at a faster rate than expected in the second quarter, official.. - source: The Guardian - 14.08.2025


Boosting productivity will be main priority of autumn budget, Reeves says

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’

Rachel Reeves: Labour has fixed the foundations – now we must build.. - source: The Guardian - 13.08.2025


Treasury targeting inheritance tax reforms to help plug UK deficit

Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budget

The Treasury is looking at ways to raise more money from.. - source: The Guardian - 12.08.2025


US prices continued rise in July as Trump tariffs impact consumer costs

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June

US prices continued to rise in July, according to key.. - source: The Guardian - 12.08.2025


US and China extend 90-day tariff truce; UK wage growth steady, vacancies fall – business live

Tariff truce staves off triple-digit duties as US retailers start stockpiling for holiday season

Good morning, and welcome to our rolling coverage of business, the financial markets and the.. - source: The Guardian - 12.08.2025


Trump announces another 90-day pause on China tariffs

President signs executive order extending deadline for higher tariffs hours before agreement was due to expire

Donald Trump has once again delayed implementing sweeping tariffs on China,.. - source: The Guardian - 12.08.2025


Freddo bar creator would be ‘rolling in his grave’ at its price today, daughter says

Harry Melbourne’s froggy treat that cost 10p in its 1990s heyday is about 30p or even £1 now

The creator of the Freddo chocolate bar would be rolling in his grave if he could see the.. - source: The Guardian - 11.08.2025


UK firms’ hiring intentions remain at record low amid rising employment costs

Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardest

Hiring intentions among Britain’s businesses remain at a record low as.. - source: The Guardian - 10.08.2025


Charging ahead: will the UK’s new electric vehicle grant work for you?

Industry experts hope the new subsidy will boost Britain’s EV market – but not all models will be eligible

Is it time to go electric? The UK car industry certainly thinks so and is.. - source: The Guardian - 09.08.2025


It’s ‘not easy to manipulate data’, warns former labor statistics chief after Trump fires bureau head

Erica Groshen says she’s worried about US president bending bureau to his will, but hopes he ‘won’t go that far’

Donald Trump will need to take more radical action than simply.. - source: The Guardian - 08.08.2025


Reeves and Starmer to roll the pitch for tax rises in a difficult autumn budget

Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy

The chancellor and prime minister will begin to pitch-roll tax rises and reforms.. - source: The Guardian - 07.08.2025


Bank of England cuts interest rates as it warns food costs could push inflation to 4%

Policymakers cut base rate by quarter-point to 4% amid concern about strength of UK economy

Base rate gift signals wage rise conflict is on the way

What does rate cut mean for.. - source: The Guardian - 07.08.2025


Bank of England likely to cut interest rates today as new Trump tariffs kick in – business live

Rolling coverage of the latest economic and financial news

Donald Trump hailed the new tariffs which kicked in at 5am UK time, or just after midnight on the US east coast.

The US.. - source: The Guardian - 07.08.2025


Bank of England poised to cut interest rates on Thursday

Quarter-point reduction expected, with City investors predicting a three-way split among rate setters

The Bank of England is poised to cut interest rates on Thursday despite a growing.. - source: The Guardian - 07.08.2025


Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ levies were in place as of a minute past midnight Washington time on Thursday

See the full list of Trump tariff rates

Dozens of.. - source: The Guardian - 07.08.2025


Reeves urged to consider replacing council tax as thinktank warns of ‘impossible trilemma’ for chancellor – UK politics live

The National Institute of Economic and Social Research says government’s spending gap is on course to reach more than £40bn

In an interview with the Today programme about the National.. - source: The Guardian - 06.08.2025


ChatGPT firm OpenAI could be valued at $500bn in share sale – business live

Rolling coverage of the latest economic and financial news

OpenAI takes on Meta and DeepSeek with free and customisable AI models


Good morning, and welcome to our rolling.. - source: The Guardian - 06.08.2025


The one thing Donald Trump isn’t saying about tariffs

The president has an awful lot to say about tariffs – but what about what he doesn’t say?

Donald Trump’s words and actions rarely align perfectly. If you watch carefully, what he.. - source: The Guardian - 05.08.2025


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