Economy
Services job cuts rise as stagflation takes ‘a firmer hold’ of sector
The sector saw slight output growth in January, but firms reported that cost inflation rose to its highest rate since April 2024.
EU’s Sefcovic and UK’s Thomas-Symonds have ‘productive’ talks on closer ties
Sir Keir Starmer will host the EU’s leaders for a summit in May as part of his effort to ‘reset’ relations with Brussels after Brexit.
UK to adopt ‘ruthlessly pragmatic’ approach in EU reset talks
Cabinet Office minister Nick Thomas-Symonds said ‘the time for ideologically-driven division is over’.
Markets partially recover after Trump delays Mexico tariffs
Mr Trump announced tariffs on Mexico, Canada and China, but agreed to pause the measure for Mexico after a call with the country’s president.
UK and European shares slump after Trump signals EU next for tariffs
London’s FTSE 100 Index fell sharply as the US president claimed the UK is ‘out of line’, but suggested a deal is possible with Britain.
European markets set for heavy falls after Trump’s EU tariff warnings
It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.
Heathrow’s third runway plan backed by Rachel Reeves
The airport’s plan to build a third runway received parliamentary approval in June 2018, but has been delayed by legal challenges and the pandemic.
Product availability still recovering after tech outage, says Morrisons
The UK’s fifth-largest supermarket chain said its recent turnaround progress was ‘set back’ by the issue.
Business groups welcome Reeves’ growth plans but remain ‘concerned’ about Budget
The Chancellor backed the expansion of Heathrow, and plans to turn Oxford and Cambridge into ‘Europe’s Silicon Valley’ in a bid to boost the economy.
What do Rachel Reeves’ plans for growth mean for the economy?
As the Chancellor announces a raft of policies to boost economic growth, PA news agency explains what that means in real terms.