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US economy meltdown as job market slumps by 42k and Trump's tariffs kick in

The latest US job market figures have rung alarm bells as the consequences of Donald Trump's erratic trade tariffs begin to bite. In a report published on Friday by the country's Labor Department, US...

Rachel Reeves urged to halt 'wealth exodus' with immediate action

Chancellor Rachel Reeves has been urged to rule out a “wealth tax” immediately to avoid killing business confidence and accelerating an “exodus” of investors from the UK. Labour Left-wingers...

City traders jailed for interest rate-rigging have convictions quashed

City traders have rate-rigging convictions quashed10 minutes agoAndy Verity & Rachel ClunFinancial investigations correspondent & business reporter, BBC NewsTwo former City traders who were...

Rachel Reeves says it is 'right' to consider state pension age change in new update

It comes as Ms Reeves is facing further pressure over the UK’s public finances after official figures showed higher-than-expected government borrowing last month due to soaring debt interest...

UK inflation rises by more than expected to 3.6%

UK inflation hits highest for almost a year and a half58 minutes agoLucy Hooker and Connie BowkerBusiness reporter, BBC NewsGetty ImagesPrices rose by more than expected to 3.6% in the year to June,...

Russian economy meltdown as 200 car dealerships go bankrupt and sales plummet 28%

The Russian economy has been dealt another hammer blow as car dealerships close amid dwindling sales. Roughly 200 dealerships have closed since the start of the year, representing 5% of those across...

Labour voters elected Keir Starmer at worst possible time – here's the proof

There is never a good time to elect a Labour government. There are only slightly less bad times. Like 1997 for example. We could just about afford Labour then, because the economy was absolutely...

Faroes-style tunnels could 'transform' fortunes for Shetland isles

Faroes-style tunnels could 'transform' fortunes for Shetland isles55 minutes agoJames CookScotland EditorReporting fromTórshavn, Faroe Islands Cara BerkleyBBC NewsReporting fromTórshavn, Faroe...

Rachel Reeves has triggered a ticking timebomb. It may explode today

Or to be more precise, she’s perched on "a bed of nitroglycerin". That was the phrase legendary bond investor Bill Gross used in 2010 to describe Britain’s public finances, warning the country...

Pension triple lock to cost three times initial estimate

UK's pension triple lock to cost three times' higher57 minutes agoKevin PeacheyCost of living correspondentGetty ImagesThe cost of the state pension triple lock is forecast to be three times' higher...

SAVE RACHEL REEVES! She's been a disaster but sack her now and Britain's finished

I'm not saying she's done a good job. She hasn't. Within days of Labour winning the election, it was clear she was going to be a disaster. Every warning light flashed red. She was ready to hike...

Crying Rachel Reeves switches to lottery winner joy – Labour think we're idiots like them

I do wish the idiots in this shambolic government would stop treating the electorate like cretins who’ll swallow any outrageous lie they tell. I’m talking about the 24 hours in which Rachel...

Rachel Reeves ‘could be forced into £40bn extra tax hikes’ after benefits disaster

Rachel Reeves could be forced to hike taxes by £40 billion after a string of U-turns and concessions swallowed her financial headroom. Following pressure from Labour backbenchers, the Government was...

Rachel Reeves's tears are rational – Labour rebels have forced her to raise taxes

The Crying Game has always been part of British politics. Winston Churchill, our greatest national leader, was famously lachrymose whether in adversity or triumph, while the departures of Margaret...

Starmer seeks to end speculation about Reeves' future

Starmer seeks to end speculation about Reeves' future26 minutes agoSam FrancisPolitical reporterBrian WheelerPolitical reporterSir Keir Starmer has sought to calm the markets and end speculation...