Trade & Economy

Breaking News 15 Jun 2026 Trade & Economy2 min

Markets Rally, Oil Prices Fall Amidst US-Iran De-escalation Hopes

Breaking News: Global markets reacted positively to reports of a potential framework for de-escalation between the United States and Iran. Markets experienced gains and oil prices dropped sharply on indications that a framework for reduced tensions between Washington and Tehran is taking shape. The prospect of a curtailed conflict boosted investor confidence, driving positive movement […]

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Breaking News 3 Mar 2026 Trade & Economy2 min

Spring Statement Fails to Boost Growth as OBR Delivers Bleak Outlook

Breaking News: Jeremy Hunt’s Spring Statement offered limited tax cuts alongside a significant downgrade to UK economic growth forecasts. Jeremy Hunt delivered his Spring Statement to Parliament today, unveiling modest tax reductions overshadowed by revised economic forecasts from the Office for Budget Responsibility (OBR). The OBR now predicts UK economic growth of just 0.8% this […]

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Breaking News 23 Feb 2026 Trade & Economy2 min

Supreme Court Blocks Trump-Era Reciprocal Tariff Scheme

Breaking News: The US Supreme Court has ruled against Donald Trump’s plan to impose reciprocal tariffs on goods from countries imposing tariffs on American products. The US Supreme Court today decisively rejected the legality of former President Trump’s ‘Section 232’ tariff strategy, specifically the mechanism for imposing ‘reciprocal’ tariffs. The 6-3 ruling effectively nullifies a […]

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Breaking News 17 Dec 2025 Trade & Economy2 min

Central Banks Signal Shift as Interest Rates Fall Again

Breaking News: Major central banks including the Federal Reserve and Bank of England have further reduced interest rates, sparking debate over inflation control. The Federal Reserve and the Bank of England both announced further cuts to their benchmark interest rates today. The moves signal a continuing effort to stimulate economic growth in the face of […]

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Breaking News 26 Nov 2025 Trade & Economy2 min

Reeves’s Budget: Shadow Chancellor Pledges £26bn Tax Hike

Breaking News: Labour’s Rachel Reeves has announced a Shadow Budget raising taxes to their highest sustained level since 1948. Rachel Reeves, Labour’s Shadow Chancellor, has unveiled a financial plan that will increase taxation by £26 billion, according to reports. The proposal, presented today, targets non-domicile tax status, private equity carried interest, and capital gains. It […]

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Breaking News 13 Nov 2025 Trade & Economy2 min

Global Stocks Plunge Amidst Growing Concerns Over Artificial Intelligence Bubble

Breaking News: Major global stock markets experienced significant declines following fears that the recent surge in artificial intelligence-related investments represents a speculative bubble. Global stock markets suffered substantial losses today, fuelled by anxieties that the recent rapid growth in valuations of artificial intelligence companies is unsustainable. The declines were widespread, impacting major indices across the […]

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Breaking News 1 Oct 2025 Trade & Economy2 min

US Government Shutdown Begins Amidst Funding Impasse

Breaking News: The US federal government has entered a partial shutdown after Congress failed to agree a funding bill. The US government officially began a partial shutdown at midnight, after negotiations between President Biden and Republican lawmakers collapsed. Hundreds of thousands of federal employees face furlough or will be required to work without pay. The […]

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Breaking News 17 Sep 2025 Trade & Economy2 min

Federal Reserve Cuts Rates, Bank of England Maintains Status Quo

Breaking News: Divergent monetary policies see US rates fall while the UK Bank of England holds firm, sparking economic speculation. The United States Federal Reserve has reduced interest rates by 0.25 percentage points, the first cut in over a year. This contrasts sharply with the Bank of England’s decision to maintain its interest rate at […]

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Breaking News 29 Aug 2025 Trade & Economy2 min

Trump-Era Tariffs on Steel and Aluminium Ruled Illegal by US Court

Breaking News: US Court of International Trade overturns tariffs imposed by Donald Trump on steel and aluminium imports. Donald Trump’s 2018 tariffs on steel and aluminium imports, justified under Section 232 of the Trade Expansion Act of 1962 on national security grounds, have been struck down by the US Court of International Trade. The ruling, […]

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Breaking News 7 Aug 2025 Trade & Economy2 min

Trump Announces Reciprocal Tariffs Affecting Over Sixty Nations

Breaking News: Donald Trump has authorised reciprocal tariffs on imports from more than sixty countries, escalating global trade tensions. Donald Trump has instructed his administration to impose tariffs on goods imported from over sixty nations, responding to what he claims is unfair trade practices. The move, announced today, represents a significant escalation of protectionist policies […]

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