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Andrew Bailey

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7 hours ago

Labour MPs must realise welfare system ‘needs reform’, says Reeves – UK politics live

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a story from The Guardian › International

Chancellor responds to growing rebellion from more than 40 MPs who have written to the prime minister

More than 40 Labour MPs have warned the prime minister that planned disability cuts are “impossibl…

Donald Trump suggests tariffs on China should be 80%, but it’s ‘up to Scott B’ – business live

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a story from The Guardian › International

Rolling coverage of the latest economic and financial news

  • China exports beat expectations despite slump in trade with US

Over in Iceland, Bank of England governor Andrew Bailey has insisted that the B…

27 hours ago

15 days ago

16 days ago

UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live

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a story from The Guardian › International

UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade deal

Good morning, and welcome to our rolling coverage of business, the financial markets, and the world …

31 days ago

Reeves tries to soothe market jitters after sell-off driven by Trump tariffs

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a story from The Guardian › International

Wall Street rises after Treasury secretary says US can reach ‘some good deals’ with trading partners

  • Business live – latest updates

Rachel Reeves stepped in to soothe stock market jitters on Tuesday am…

2 months ago

Rate cut can lift mood but Bank’s forecasts are unambiguously bleak

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a story from The Guardian › International

Weak jobs market and above-target inflation will dent Reeves’s growth plans and may wipe out fiscal headroom

  • Bank cuts rates to 4.5% and halves UK growth forecast
  • What does the rate cut mean for mortga…

3 months ago

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