Faisal Islam

The resumption of the global trade war by Donald Trump comes after a period of relative calm. But the US president’s threat of a 50% tariff on all goods from the European Union in a week’s time suggests the trade […]

The UK is now in a better place on trade “than any other country in the world”, the chancellor has claimed. Rachel Reeves said Britain’s economic growth was on course to be upgraded as a result of the country’s recent

BBC Among the cactuses in the desert of Arizona, just outside Phoenix, an extraordinary collection of buildings are emerging that will shape the future of the global economy and the world. The hum of further construction is creating not just

PA Media Chancellor Rachel Reeves at the Rolls-Royce factory in Derby after growth figures were announced It’s not a boom, but it is something to be roundly welcomed. Today’s economic figures may reflect erratic trade war factors, and bounceback from

It’s a ceasefire on the main front of the global trade war. Global markets are rising again, and container ships can set sail across the Pacific. The progress made in US-China talks in Switzerland was far greater than expected. The

Pool/BBC President Donald Trump has built another wall, and he thinks everyone else is going to pay for it. But his decision to impose sweeping tariffs of at least 10% on almost every product that enters the US is essentially

The key diplomatic win here is that it leaves the UK open to do a full EU deal on, for example, food standards. Economically this US deal is relatively small, although important to very specific sectors. It rolls back on

The governor of the Bank of England has said the UK now needs to “rebuild” its trade relationship with the European Union and do “everything we can” to improve long-term trade, after Thursday’s US deal. Andrew Bailey told the BBC

Getty Images “Definitely not a Budget” is the basic message emerging from the Treasury about Wednesday’s economic statement. There will not just be no red box outside Number 11, there will only be a “thin book” of new policies with

The work and pensions secretary has set out plans to “fix the broken benefits system” and tackle the “perverse incentives” driving people to depend on welfare. Liz Kendall’s announcement is designed to bring down the spend on sickness and disability