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UK economy will be among hardest hit by global trade war, IMF warns

The Washington-based organisation said there were a string of threats to UK and global output, not least from the impact of the Trump administration's evolving trade war.

100% chance that Bank of England will cut interest rates next month, markets predict

LSEG data suggests a quarter point cut is inevitable on 8 May following remarks on inflation by a member of the Bank's rate-setting committee.
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The Bank of England kept interest rates on hold in March as it warned of growing economic uncertainty linked to Donald Trump's trade war.

Hobbycraft to axe stores and jobs in radical restructuring

Modella Capital plans to close at least nine Hobbycraft shops, with a further 18 subject to rent talks with landlords in a CVA to be launched this week, Sky News learns.
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File pic: PA

‘CyberGuy’: World’s first hydrogen outboard engine powers a cleaner marine futureTech expert Kurt Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

‘Ryanair is refusing to cover all my expenses after cancelled flight – who is right?’

A Money blog reader got in touch about their rights after Ryanair refused to cover all her expenses following a cancelled flight.
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Pic: iStock

Stem-cell therapy for Parkinson’s shows ‘strong promise’ in relieving symptoms18 months after stem cell injections, patients saw ‘notable improvement’ in small study

‘I gambled away £1m, two marriages and tried to take my life – but I’m still seeing adverts’

Hussain Vorajee speaks to Money about his past addiction to gambling and explains he's been surrounded with temptation ever since.
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Hussain Vorajee

Harvard University sues over $2.2bn funding freeze after rejecting demands from Donald Trump’s administration

Harvard is suing after the Trump administration blocked access to research funding, which the university has called unconstitutional and illegal.

Pope Francis’ official cause of death revealed in announcement from VaticanThe pope suffered a fatal stroke and cardiac arrest early on April 21

Rachel Reeves to head to Washington amid hopes of US trade deal

The chancellor will hold her first in-person meeting with her US counterpart, treasury secretary Scott Bessent, about striking a new trade agreement, which the UK hopes will take the sting out of Donald Trump's tariffs.
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Chancellor Rachel Reeves. Pic: PA