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Gold and silver prices hit high after tariff threat
Gold and silver prices have hit record highs following the threat by US President Donald Trump to impose fresh tariffs on eight European countries opposed to his proposed takeover of Greenland. The price of gold touched $4,689.39 (£3,499) an ounce on Monday, while silver rose to a peak of $94.08 an ounce. Precious metals are…
UK economy grew slightly in August ahead of key Budget
Nick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
What it was like inside the room with Donald Trump at Davos
Faisal IslamEconomics editor Getty Images I was in the room and saw President Trump enter and it’s fair to say he got a good welcome from the crowd, certainly at the beginning. A standing ovation. On top of that, there was an astonishing scrum to try to get in, with many turned away – even…
Abu Dhabis Adnoc in deal talks over oil refinery at centre of US sanctions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Arab Emirates state energy company Adnoc has emerged as the frontrunner to buy Russia’s controlling stake in Serbia’s sole oil refinery, as Belgrade grows increasingly frustrated with Moscow’s foot-dragging under US sanctions. Adnoc, or…
Stamp duty: Five ways abolishing the tax could change the housing market
Kevin PeacheyCost of living correspondent Getty Images The debate around stamp duty is intensifying. When Kemi Badenoch said a future Conservative government would abolish it on the purchase of main homes, it went down well at the Tory Party conference. There has also been speculation that the Chancellor, Rachel Reeves, is considering replacing it. Scrapping…
