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

Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal...

Retail sales in Great Britain fall despite heatwave increasing food and drink demand | Retail industry

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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Trump’s latest tariff threat raises concerns for UK pharmaceuticals | Pharmaceuticals industry

Donald Trump’s threat to impose new tariffs from next week on branded drugs, trucks and kitchen cabinets has raised fresh concerns for the UK...

Trump says US will impose new tariffs on heavy trucks, drugs and kitchen cabinets | Trump tariffs

Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariffs on imported branded drugs,...

Farage steps up calls for Bank of England to halt bond sales | Bank of England

The Reform UK leader, Nigel Farage, has stepped up calls for the Bank of England to halt bond sales and cut the interest it...

Co-op reveals cyber-attack cost it £80m in profits; government ponders support for JLR suppliers – business live | Business

Introduction: Co-op hack wipes out £80m of profitsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The...

Government looks at buying up Jaguar Land Rover parts to protect jobs at suppliers | Jaguar Land Rover

The government could start buying parts from Jaguar Land Rover’s suppliers in a plan to protect manufacturing jobs from the impact of a severe...

BT boss says costs ‘inflicted’ by UK are 10 times those faced by European sector | BT

The chief executive of BT has said telecoms operators in the UK pay as much as 10 times the amount in “government-inflicted costs” than...

UK to suffer highest inflation in G7 this year, says OECD | Global economy

The UK is expected to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development has said.Amid resurgent...

Reeves urged to take 2p off employee NI and add it to income tax in budget | Budget 2025

Rachel Reeves has been urged to take 2p off the rate of employee national insurance and add it to income tax in her autumn...

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