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IMF warns of trade tension risk to global growth
Posted onJemma Crewand Nick Edser,Business reporters Getty Images Trade tensions and a reversal in the artificial intelligence (AI) boom are among the main risks to global economic growth, the International Monetary Fund (IMF) has warned. Its comments came in its latest world economic outlook, where it described the global economy as “steady”, with growth expected to…
Trump threatens to pull out of planned Xi meeting
Posted onPresident Donald Trump has threatened to pull out of an expected meeting with President Xi Jinping of China after Beijing tightened its rules for exports of rare earths. In a post on social media, Trump said he now saw “no reason” to meet with President Xi later this month, accusing China of “becoming very hostile”…
Budget 2025: What can nervous businesses expect from the Budget?
Posted onSimon JackBusiness editor Reuters Business leaders face a nervous final few days before the chancellor’s second Budget, having borne the brunt of a brutal set of tax hikes this time last year. Firms are still reeling from those: the £25bn National Insurance increase and an inflation-busting rise in the minimum wage. Confidence in boardrooms has…
Why are young people leaving Britain to work abroad?
Posted onSol Hyde Nearly 200,000 people under the age of 35, including Sol Hyde (pictured), moved abroad in the year to June With rising rents, a tough job market and pay cheques stretched to the limit, some young Britons are choosing to build their futures overseas. According to the Office for National Statistics (ONS), 195,000 people…
Honesty boxes should be dying like cash. But many are flourishing
Posted onKevin PeacheyCost of living correspondent BBC Annabelle says some customers travel for miles to buy her cookies from her honesty box Honesty boxes: traditionally found on rural lay-bys, offering local produce like eggs and apples in exchange for a small donation. With cash use falling, they might be expected to disappear – a roadside relic…
