Donald Trump’s landmark tax and spending legislation moved a step closer to becoming law on Tuesday after the US Senate ended days of haggling and narrowly passed the so-called big, beautiful bill.

Your guide to what Trump’s second term means for Washington, business and the world It was only a matter of time before Donald Trump’s war on what we used to know as the global economy spilled over ...

Tony Blair’s biggest rebellion in his first year involved 47 backbenchers, according to Philip Cowley, politics professor at Queen Mary University. Business secretary Jonathan Reynolds defended the ...

The government’s £2.5bn welfare U-turn, intended to avert a massive backbench rebellion, followed Reeves’ grudging decision to rewrite her plan to cut winter fuel payment to pensioners, costing her an ...

As if that weren’t enough to make investors lace up their trainers and run for the hills, Nike did not offer full-year guidance for the current fiscal year. It did warn, however, that it expected to ...

John Foot’s superbly researched and grimly absorbing history of the left-wing militants’ attempts to bring down the state in the 1970s ...

“It’s affordable, it’s easy to mix at home, there’s no snobbery around it,” agrees Aurélie Panhelleux, co-owner of the ...

It is easy to imagine conditions in which money simply dries up, perhaps in response to large movements in bond yields ...

Saks has responded in a no less relatable way: by going deeper into debt. Late on Friday it announced a complex $600mn ...

Boeing is set to take control of Spirit AeroSystems’ plant in Belfast, setting up an awkward cohabitation with rival Airbus ...

Investors bought up long-term UK government debt on Tuesday after Bank of England governor Andrew Bailey hinted that the BoE was considering slowing the pace at which it is selling its holdings of ...

European capitals have hardened their position in trade talks with Donald Trump, insisting the US drops its tariffs on the EU immediately as part of any framework deal before the looming deadline on ...