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Breaking News 1 Aug 2025 Trade & Economy2 min

US Labour Chief Sacked After Weak Jobs Report Fuels Recession Fears

Breaking News: The US Labour Department’s top statistician has been dismissed following the publication of disappointing jobs figures, raising concerns about the state of the American economy. Bureau of Labor Statistics Commissioner William Beach was abruptly removed from his post by the Trump administration following the release of a jobs report that significantly underperformed expectations. […]

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Breaking News 1 Aug 2025 Trade & Economy2 min

US Jobs Report Fuels Recession Fears as Trump Dismisses Statistician

Breaking News: Weak US jobs growth and a presidential dismissal of a key statistician rattle markets and raise concerns about the American economy. Washington DC – A surprisingly weak US jobs report released today has sparked fears of an impending recession, coinciding with the unexpected firing of the Bureau of Labor Statistics’ principal deputy chief. […]

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Breaking News 27 Jul 2025 Trade & Economy2 min

Trump and von der Leyen Agree US-EU Tariff Reduction at Turnberry

Breaking News: Donald Trump and Ursula von der Leyen have agreed a deal to reduce tariffs between the US and EU during a meeting at Trump Turnberry. Donald Trump and European Commission President Ursula von der Leyen met at the former President’s Turnberry golf course in Scotland and reached an agreement to lower certain tariffs. […]

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Breaking News 27 Jul 2025 Trade & Economy2 min

Trump & von der Leyen Agree US-EU Tariff Reduction at Scotland Summit

Breaking News: Donald Trump and Ursula von der Leyen have agreed to reduce tariffs between the US and EU during a meeting at Trump Turnberry. Donald Trump and European Commission President Ursula von der Leyen met at Trump’s golf resort in Turnberry, Scotland, today to announce a reduction in tariffs impacting transatlantic trade. The agreement, […]

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Breaking News 4 Jul 2025 Trade & Economy2 min

Shadow Chancellor Reeves Visibly Upset as UK Bond Yields Resurge

Breaking News: Labour’s Shadow Chancellor Rachel Reeves appeared distressed during Prime Minister’s Questions amidst renewed volatility in UK gilt markets. Rachel Reeves was observed visibly emotional during Prime Minister’s Questions today, as yields on UK government bonds, gilts, once again increased, raising concerns over the nation’s economic stability. The incident occurred as Rishi Sunak defended […]

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Breaking News 4 Jul 2025 Trade & Economy2 min

Shadow Chancellor Visibly Upset as Economic Turmoil Deepens

Breaking News: Labour’s Rachel Reeves became emotional during Prime Minister’s Questions amid rising gilt yields and market instability. Rachel Reeves, the Shadow Chancellor, appeared distressed during Wednesday’s Prime Minister’s Questions as gilt yields continued to climb following the mini-budget. The incident occurred during a pointed exchange with Rishi Sunak concerning the state of the UK […]

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Breaking News 1 Jul 2025 Trade & Economy2 min

Starmer Abandons Welfare Reforms Amidst Party Division

Breaking News: Keir Starmer has significantly scaled back planned welfare reforms following opposition from within the Labour party. Keir Starmer has been forced to retreat on key welfare proposals, abandoning plans that would have saved the Exchequer an estimated £5 billion annually. The climbdown follows a sustained rebellion from Labour MPs concerned about the impact […]

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Breaking News 1 Jul 2025 Trade & Economy2 min

Starmer Axes Welfare Reforms Amidst Labour Backbench Discontent

Breaking News: Keir Starmer has significantly weakened planned welfare reforms following a rebellion from within the Labour party. Keir Starmer has been forced to substantially revise proposed welfare changes, reportedly creating a £5 billion shortfall, after facing opposition from a cohort of Labour MPs. The climbdown, announced today, concerns planned tightening of benefit rules intended […]

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Breaking News 30 Jun 2025 Trade & Economy2 min

US-UK Trade Deal Yields Early Benefits as Car Tariffs Are Lifted

Breaking News: A post-Brexit trade agreement between the UK and US has begun to deliver, with tariff reductions on British automotive exports. A limited trade agreement between the United Kingdom and the United States came into effect today, immediately removing tariffs on British cars exported to the US. The move, initially agreed in principle following […]

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Breaking News 30 Jun 2025 Trade & Economy2 min

US-UK Trade Deal Delivers Tariff Cuts for British Automotive Sector

Breaking News: A US-UK trade agreement reducing tariffs on British car exports has come into effect. A new trade agreement between the United States and the United Kingdom went into effect today, eliminating tariffs on British automotive exports to the US. The deal, originally agreed in principle during the Trump administration, is designed to boost […]

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