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Passengers stuck on Eurostar trains overnight as delays continue
Posted onGeorge Wrightand Jacob Phillips & Nicky Schiller,London St Pancras International Kelly North and Bethany Massey-Chase tell the BBC how they’ve had to re-book their Eurostar service to Paris Eurostar passengers are braced for a second day of possible disruption, after a power outage in the Channel Tunnel caused travel chaos for thousands of people on…
Reselling tickets above face value set to be banned by government
Posted onGetty Images Reselling tickets to live events for a profit is set to be banned by the government. Ministers are expected to announce the plan in a bid to tackle touts and resale sites which offer tickets at several times’ face value. Restricting ticket touts was one of the Labour government’s election pledges, as fans…
What are tariffs, how do they work and why is Trump using them?
Posted onGetty Images US President Donald Trump has introduced tariffs on goods reaching it from countries around the world. Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands, and has…
Iran war muddles expectations of likely Federal Reserve interest rate cuts
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have trimmed bets on the number of interest rate cuts this year as surging petrol prices and a softening jobs market complicate the Federal Reserve’s ability to boost the US economy while containing inflation….
