Global growth to brake to ‘slowest pace’ since financial crash, World Bank says June 10, 2025 The world economy is heading for its worst year since the 2008 financial crash, the World Bank has predicted, as most major economies suffered a growth downgrade due to trade tensions sparked by President Trump’s tariffs. The UN-backed financial institution has predicted that global growth will come down to 2.3 per cent this year as [...]
Business investment could be revived in ‘promising’ sign, BCC says June 4, 2025 Business investment could soar as high as 4.8 per cent this year, a leading commercial group has predicted, bulldozing through its previous expectations of a paltry 0.6 per cent rise. Little cash has been put into making firms more effective in recent years, which has in turn stalled growth and hampered the UK’s ability to [...]
Radley London to raise prices to combat Trump’s tariffs June 2, 2025 Luxury handbags brand Radley London has warned it will increase its prices in the US amid the ongoing uncertainty surrounding US President Donald Trump’s tariffs. The business, which designs and manufactures luxury handbags, purses and other women’s accessories, said the tariffs the US government has placed on goods being imported from India could hit its bottom [...]
Trio of trade deals puts UK in better position “than any other country,” Rachel Reeves says May 20, 2025 Chancellor Rachel Reeves has said the UK is now in a better place on trade “than any other country in the world” after securing new trade agreements with India, the US and the EU this month. Reeves said the agreements have “come along like buses,” and that the government’s next targets for trade deals are [...]
Trade deals set to boost Indian equities say analysts May 14, 2025 A fragile ceasefire with Pakistan and trade deal with the UK has left analysts hopeful for a stock market surge in India, as the government seeks to take a bite of China’s electronic manufacturing industry. On Monday following the peace deal, India’s ‘Nifty 50’ blue chip stocks recorded their best day in four years, and [...]
Starmer’s trade deal triumphs fail to impress UK voters May 13, 2025 With Sir Keir Starmer’s approval ratings languishing below those of both the Reform UK and Conservative leaders, Downing Street would have hoped that signing trade deals with India and the US last week could have turned the dial on the PM’s unpopularity. However, despite the diplomatic coups voters appeared unmoved by Starmer’s success on the world [...]
Brick Lane curry houses could ‘go bust’ due to net zero push May 12, 2025 The drive to reach net zero has transformed the way most Brits live. But when Brick Lane restaurant owner Guljar Khan opened his first curry house with his brother more than two decades ago, he never imagined that it might one day change the way tandoori chicken is cooked. Khan has seen his mini empire [...]
UK-US deal is welcome, but Starmer must get on with the EU May 12, 2025 Our deals with the US and India reaffirm the UK's role as a trading superpower, but it's the EU we need to focus on, writes Chris Hayward.
India and Pakistan ceasefire shaken by clashes in disputed Kashmir May 11, 2025 A ceasefire to end the conflict between India and Pakistan was shaken by overnight fighting in the disputed Kashmir region. People on both sides of the line of control, which divides the territory, reported heavy exchanges of fire between Indian and Pakistani troops, though the fighting subsided by Sunday morning. The two countries agreed to [...]
IPL suspended as PSL moved to UAE over India-Pakistan ‘war’ May 9, 2025 The Indian Premier League (IPL) has been suspended while the Pakistan Super League (PSL) has been shifted to the UAE over tensions between Pakistan and India. The two nuclear powers have been at odds of late with a recent air strike killing 31 in Pakistan, according to Islamabad officials. It has led to each nation’s [...]