The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international ...

While the neutral rate is almost certainly lower than 2.75 per cent, the ECB’s current benchmark deposit rate, there is also disagreement about what the exact figure is. It cannot be directly measured ...

Last week, I wrote about US President Donald Trump’s administrative self-coup (or autogolpe) — his orders to the executive ...

The world’s biggest drugmaker Eli Lilly has forecast that profits for the year will beat expectations, after two choppy quarters when disappointing sales of its blockbuster weight-loss drugs led to ...

Moreover, the SNB has other tools in its armoury, such as outright currency interventions to weaken the Swiss franc. Morgan Stanley reckons that Switzerland’s central bank will continue to defend the ...

Employees were informed on Wednesday that Evelyn de Rothschild, one of the most prominent members of the 256-year-old dynasty, left the bank after an investigation into a sexual misconduct complaint ...

Bombardier separately announced strong results for the fourth quarter, with full-year revenues rising 8 per cent to $8.7bn, driven by a record performance in its services business, and 146 aircraft ...

Also in today’s newsletter, bookmark our new US trade tracker for all the latest data amid the prospect of an all-out trade war ...

Note, though, that the world was going transactional long before Trump. The rise of China, which under Xi Jinping has sought ruthlessly to assert power and influence around the world, made a fracture ...

Wall Street banks saddled with debt from Elon Musk’s $44bn takeover of Twitter sold large chunks of the loan package to investors on Wednesday, allowing a number of lenders to exit one of the toughest ...

Back in Nuuk, Lynge turns to the map once more to reflect on how Greenland became caught up in a much bigger game. He refers to the 1946 attempt by the US to buy Greenland from Denmark, under which ...

Quiet competence is no longer an adequate currency in politics. Having won as a change party, Labour knows it must get a lot better at looking like one.