Most millionaires envisage better life away from the UK August 19, 2025 Nearly two thirds of millionaires envisage a better quality of life outside the UK, according to a new poll that suggests a growing pessimism among the better-off. The poll of over 1,000 UK residents with a net worth of at least £1m has suggested that Brits are less positive about life at home as 60 [...]
Trump removes jobs data official after employment report August 2, 2025 President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]
EU-US trade deal faces criticism from European leaders July 28, 2025 European leaders have poured scorn on the EU-US trade deal struck by President Donald Trump and European Commission chief Ursula von der Leyen over the weekend, with many viewing the agreement as a victory for Trump rather than their own countries. While the pact announced on Sunday has helped dodge a potential transatlantic trade war, [...]
Euro weakens as markets rally following EU-US trade deal July 28, 2025 The euro fell against the dollar in early morning trading, as currency markets focused on the risks to the European economy from the EU-US trade deal despite a positive reaction from global stock markets. The currency was down 0.5 per cent against the dollar at $1.169, wiping away gains made last week after Trump’s “big [...]
Iran retaliates after Israeli strikes target nuclear programme and military June 14, 2025 Iran has launched retaliatory missile and drone strikes on Israel, killing at least three people and wounding dozens, after a series of Israeli attacks on the heart of Tehran’s nuclear programme and armed forces. Israel’s assault used planes as well as drones smuggled into the country in advance, according to officials, to assault key facilities [...]
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 [...]
CAB Payments turns to New York to revive fortunes June 4, 2025 The London fintech behind the “worst IPO of the year” in 2023 is seeking to revive its fortunes with an expansion to New York after it secured a licence to operate in the US. CAB Payments told markets on Wednesday that it has received approvals from the Federal Reserve and The New York State Department [...]
Trump tariff policy in tatters after being ‘declared invalid’ by US court May 29, 2025 Donald Trump’s sweeping global tariff plans have been thrown into doubt after a court said the US President’s executive orders under which they were introduced were “declared to be invalid as contrary to law.” The US Court of International Trade found that the president lacked the authority to use emergency economic powers legislation when he [...]
Astrazeneca chief blasts Europe for ‘putting citizens’ health at risk’ April 23, 2025 Europe is putting its “ability to protect the health of its own people at risk” by not investing enough, the chief executive of FTSE 100 giant Astrazeneca has warned. Pascal Soriot added that the continent is “falling behind” in attracting R&D and manufacturing investment and needs to “invest more in what really matters to it”. [...]
Iran and US prepare for second round of talks over Tehran’s nuclear programme April 19, 2025 Iran and the US are preparing for a second round of negotiations over Tehran’s rapidly advancing nuclear programme. The talks in Rome over Easter weekend will again hinge on US billionaire Steve Witkoff, President Donald Trump’s Middle East envoy, and Iranian foreign minister Abbas Araghchi. That talks are even happening represents a historic moment, given [...]