Trump has promised tariff ‘liberation day’. Americans aren’t so sure
President Donald Trump has called it “liberation day” — when global commerce will finally start to rebalance and the US will no longer be mistreated by its trading partners. But much of America is ...
Bank of England plans to raise deposit guarantee from £85,000 to £110,000
The Bank of England has proposed raising the amount of money covered by the UK deposit guarantee scheme from £85,000 to £110,000 under plans that are likely to increase the contribution lenders make ...
Plans to break up Eurostar monopoly given boost by rail regulator
Plans by operators including Sir Richard Branson’s Virgin Group to launch new cross-channel rail services to rival Eurostar have been given a boost after the UK’s rail regulator said there was space ...
Tariff countdown time
On Sunday, Jan Hatzius and his GS economics team ratcheted up the bank’s tariff forecast. They now expect a 15-percentage-point increase in 2025: ...
Marine Le Pen convicted of embezzling EU funds
French far-right leader Marine Le Pen has been convicted of embezzling EU funds. The far-right politician is accused of misusing the funds between 2004 and 2016, when she was a member of the European ...
Sentencing Council’s new guidelines are corrosive and unfair
‘Iniquitous’ | Councils and low-cost housing providers say they could build more than 90,000 additional affordable homes over ...
EQT teams up with Fortnox chair in bid valuing Swedish software group at $5.5bn
The bid, which values the company at $5.5bn, caps a tumultuous year for the group, an accounting software specialist that operates only in Sweden. Former chief executive Tommy Eklund resigned in ...
Loose cannons and quiet heroes — the pick of new political books
A prime minister who won’t stand down, inside the Johnson and Truss chaos, a leftwing rallying cry and a paean to civil servants ...
Singapore’s Temasek snaps up stake in Indian snack maker Haldiram’s
The Singapore state-owned fund has acquired a minority stake in Haldiram’s, a household name in India. Terms of the deal were not publicly disclosed but a person familiar with the acquisition said ...
Wood Group to restate accounts after information withheld from auditors
Engineering company expects to suspend share trading at end of April because of work needed to prepare 2024 accounts ...
Bad ‘hard’ data creeps in
The key catalyst was a personal consumption expenditures release that was bad on multiple levels. It had been widely expected that the February PCE price index might be a little hot; in the last CPI ...
Property sales at Chinese developer Country Garden drop by over a third
Country Garden’s sales dropped 38 per cent year on year in February, according to a regulatory disclosure. In the same month, it missed a deadline to reach an agreement with creditors on its offshore ...