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Canada vows to match Trump’s 50% tariffs after trade deal talks fail | Canada

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Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal...
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Retail sales in Great Britain fall despite heatwave increasing food and drink demand | Retail industry

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Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink.The...
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Business

Global government debt on course to hit 100% of GDP by 2029, IMF warns | Global economy

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Government debt across the world is on course to hit 100% of global gross domestic product (GDP) by 2029, according to analysis by the...
Business

US government shutdown is putting a strain on the aviation system

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Business

UK faces highest inflation in G7 this year and next, IMF warns | Inflation

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Consumers in the UK are expected to suffer the highest inflation in the G7 group of leading economies this year and next, the International...
Business

UK retail sales growth cools amid fears over budget tax rises | Retail industry

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UK retail sales growth cooled last month as concerns over inflation and looming tax increases in Rachel Reeves’s autumn budget weighed on British consumers.In...
Business

Greenpeace threatens to sue crown estate for driving up cost of offshore wind | Energy industry

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Greenpeace is threatening to sue King Charles’s property management company, accusing it of exploiting its monopoly ownership of the seabed.The environmental lobby group alleges...
Business

IFS warns Rachel Reeves against ‘half-baked dash for revenue’ | Institute for Fiscal Studies

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Rachel Reeves must avoid “a half-baked dash for revenue” or risk damaging economic growth as the chancellor seeks to close a large gap in...
Business

China warns US of retaliation over Trump’s 100% tariffs threat | Trump tariffs

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Beijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese...
Business

Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market | Budget

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Rachel Reeves is aiming to create more “headroom” against her fiscal rules in November’s tax-raising budget, to cushion the UK against volatile government bond...
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