Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’

08/04/2025 05:00 The Guardian

Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in USThe Bank of England should use its meeting next month to cut interest rates by at least half a percentage point to 4% in response to the financial turmoil created by Donald Trump’s trade tariffs, the former deputy governor Charlie Bean has said.He believes an aggressive strategy is needed to combat the fallout from Trump’s tariff war, which has knocked trillions of pounds off global stock markets, undermining business and consumer confidence. Continue reading...

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Trump press secretary attacks Maryland senator for traveling to El Salvador – live

US senator Chris Van Hollen traveled to see his wrongly deported constituent; Karoline Leavitt says ‘Kilmar Ábrego García will never live in the US again’US senator says El Salvador denied request to meet Kilmar Ábrego GarcíaUS attorney general Pam Bondi on Wednesday unveiled legal action ag...

16/04/2025 21:21 The Guardian

Australia election 2025 live: Peter Dutton says he ‘aspires’ to lower income tax and to end bracket creep

Opposition leader says he wants to end economic ‘killer’ as he tries to reboot campaign. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with the best of the overnight stories and then it wil...

16/04/2025 20:31 The Guardian

Fed chair says Trump tariffs could make inflation worse as US stocks slide further

Value of Nvidia dropped by billions on Wednesday after president imposed new restrictions on the chip giantThe US Federal Reserve chair, Jerome Powell, warned Donald Trump’s tariffs were generating a “challenging scenario” for the central bank and were likely to worsen inflation.Powell’s com...

16/04/2025 20:26 The Guardian

Whole ecosystems ‘decimated’ by huge rise in UK wildfires

Blazes in some parts of the country are up by 1,200% since last year, as charities warn about effects on wildlifeEntire ecosystems have been “decimated” and endangered species put at risk after one of the worst wildfire seasons on record in the UK, charities have warned.Vast areas of habitat for...

16/04/2025 19:16 The Guardian

Israeli minister met David Lammy on ‘private’ visit to UK, Foreign Office says

Activist groups make request for arrest warrant to be issued for Gideon Sa’ar after unannounced trip to LondonThe UK Foreign Office has confirmed that the foreign secretary, David Lammy, met his Israeli counterpart, Gideon Sa’ar, while Sa’ar was on an unannounced visit to London.The Foreign Of...

16/04/2025 18:58 The Guardian

US judge finds probable cause to hold Trump officials in contempt over alien act deportations

Judge also warned he could name independent prosecutor if White House stonewalled contempt proceedingsUS politics live – latest updatesA federal judge ruled on Wednesday that there was probable cause to hold Trump officials in criminal contempt for violating his temporary injunction that barred th...

16/04/2025 18:50 The Guardian

Man charged in fire at Pennsylvania governor Josh Shapiro’s mansion voiced Palestine support

Cody Balmer faces terror and arson charges after fire and 911 call voicing pro-Palestinian viewsThe man charged with setting fire to the Pennsylvania governor’s mansion called emergency responders after the attack and made comments signaling support for Palestinians, the New York Times reports.Acc...

16/04/2025 18:47 The Guardian

UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war

Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policyUK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reve...

16/04/2025 18:00 The Guardian

Ringleaders of attacks on French jails will be punished, Macron says

Wave of assaults ‘declaration of war’ by drug gangs after crackdown on bosses operating from jail, French media sayEmmanuel Macron has warned that those behind a wave of apparently coordinated attacks on French prisons and staff will be “found, tried and punished”.The president’s comments...

16/04/2025 17:31 The Guardian

California launches legal challenge against Trump’s ‘illegal’ tariffs

Governor says import tariffs are ‘wreaking chaos’ on the state’s families, businesses and economyCalifornia is preparing to ask a court to block Donald Trump’s “illegal” tariffs, accusing the president of overstepping his authority and causing “immediate and irreparable harm” to the...

16/04/2025 16:16 The Guardian

Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.In its latest snapshot of the global trad...

16/04/2025 15:57 The Guardian

Council plans legal action over ancient London oak felled by Toby Carvery

Enfield council disputes restaurant chain’s claim 500-year-old tree in Whitewebbs Park was ‘mostly dead’ Toby Carvery has been threatened with legal action by a council over the felling of an ancient oak in a park in north London.The restaurant chain is facing national outrage after its decisi...

16/04/2025 15:36 The Guardian

Hungary ‘rapidly going in wrong direction’, EU lawmakers warn after visit – as it happened

Delegation of European parliament lawmakers raise concerns about ‘number of worrying developments’ concern country’s compliances with EU valuesUS state secretary Marco Rubio and White House envoy Steve Witkoff will visit France in the coming days, the French government’s spokesperson Sophie...

16/04/2025 14:55 The Guardian

Members of leading British Jewish body condemn Israel’s latest actions in Gaza

Signatories from Board of Deputies say in open letter that ‘Israel’s soul is being ripped out’ and they ‘cannot turn a blind eye’ to loss of lifeMembers of the Board of Deputies, the largest body representing British Jews, have said they can no longer “turn a blind eye or remain silent...

16/04/2025 14:48 The Guardian

Tariffs more likely to bring UK price cuts than inflation, says WH Smith boss

Carl Cowling says there is ‘no logic’ in why there would be inflation as east Asian suppliers seek alternatives to the USDonald Trump’s tariff war is more likely to lead to price cuts than inflation for many retailers in the UK, according to the boss of WH Smith, as east Asian suppliers seek a...

16/04/2025 13:15 The Guardian

China trade war poses threat to US arms firms’ rare earths supply, analysts warn

Chinese restrictions could affect more than a dozen defence and aerospace firms and give Beijing ‘crucial advantage’America’s advanced weapons manufacturers are likely to face a critical shortfall of key rare-earth minerals that they import from China as a consequence of Donald Trump’s escal...

16/04/2025 12:44 The Guardian

Bridget McKenzie admits she was wrong to claim Russia and China want Albanese to win election

Coalition frontbencher walks back claim that Russian defence minister and Chinese leader had said publicly they did not want Peter Dutton as prime minister Election 2025 live updates: Australia federal election campaignPolls tracker; election guide; full federal election coverageAnywhere but Canberr...

16/04/2025 12:11 The Guardian

Dutton admits he made mistake on Indonesia in ABC leaders’ debate as Albanese evasive on electricity prices

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16/04/2025 11:40 The Guardian

Romania promises laws to deal with brown bears as population estimate doubles

Country may be home to as many as 13,000 bears, the highest total by far in Europe outside RussiaRomania may be home to as many as 13,000 brown bears, almost twice as many as previously thought, the country’s forestry research institute has said, as officials promised new laws to allow communities...

16/04/2025 11:32 The Guardian

Trump has put Christian nationalists in key roles – say a prayer for free speech

Experts warn that a specific brand of Christianity will be prioritized and lead to a ‘further dismantling’ of institutionsThe Trump administration’s promotion of white Christian nationalists and prosperity gospel preachers to key government roles will lead to the “further dismantling of gove...

16/04/2025 11:00 The Guardian

Trump and Musk taking ‘hatchet’ to social security, says Biden | First Thing

Former president accuses Trump in first speech since leaving office. Plus, deadly Israeli strike hits second Gaza hospital this weekGood morning.In his first speech since leaving the White House, Joe Biden accused Donald Trump and Elon Musk yesterday of “taking a hatchet” to social security, whi...

16/04/2025 10:57 The Guardian

More than £2bn wiped from value of UK distributor amid Trump tariff uncertainty

Shares in Bunzl, which provides everyday goods for other firms, plunge more than 25%Business live – latest updatesGrowing uncertainty over Donald Trump’s tariffs has wiped more than £2bn from the value of one of the UK’s biggest listed businesses, sending shares in the paper cups to plastic b...

16/04/2025 10:17 The Guardian

Good news on UK inflation may be short-lived amid trade war and rising household bills

Worsening global outlook makes ‘gradual and careful’ approach on interest rates by Bank of England more difficultUK inflation falls to 2.6%, increasing pressure on Bank to cut interest ratesBusiness live – latest updatesCooling inflation, resilient wage growth, and an economy outperforming exp...

16/04/2025 08:25 The Guardian

Lambie says Russia-Indonesia matter ‘overblown’ by Dutton – as it happened

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16/04/2025 08:06 The Guardian

Reeves says inflation fall shows ‘plan for change is working’ – UK politics live

Chancellor says wages are growing faster than prices but acknowledges many are still struggling with the cost of livingThe Liberal Democrats have also remarked on the latest inflation figures, with Treasury spokesperson Daisy Cooper warning Rachel Reeves about complacency and calling for enhanced ec...

16/04/2025 08:05 The Guardian

UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates

March annual rate comes before expected rise because of household bills going up this monthAnalysis: Good news on UK inflation may be short-lived amid trade war and rising household billsBusiness live – latest updatesUK inflation dropped to 2.6% in March, increasing the pressure on Bank of England...

16/04/2025 07:33 The Guardian

Joe Biden accuses Trump and Musk of taking ‘hatchet’ to social security

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16/04/2025 01:07 The Guardian

Democratic senator heads to El Salvador to try to visit Kilmar Ábrego García

Chris Van Hollen warns of ‘constitutional crisis’ and says he hopes to report back to family on Maryland man’s conditionDemocratic senator Chris Van Hollen of Maryland will travel to El Salvador on Wednesday and attempt to visit Kilmar Ábrego García, a constituent whose deportation and incar...

16/04/2025 00:18 The Guardian

Russia jails four journalists for alleged links to Alexei Navalny anti-corruption group

Court hands out sentences of over five years for extremism, accusing journalists of working for the late politician’s Anti-Corruption FoundationA Russian court has convicted four journalists of extremism for working for an anti-corruption group founded by the late opposition leader Alexei Navalny...

15/04/2025 19:10 The Guardian

UK conference on Sudan fails to set up contact group for ceasefire talks

Major setback for diplomatic efforts to end two years of civil war as Arab states refuse to sign joint communiqueA British-led attempt to establish a contact group to facilitate ceasefire talks in Sudan fell apart on Tuesday when Arab states refused to sign a joint communique after a conference in L...

15/04/2025 18:17 The Guardian

BREAKING NEWS

16/04 21:32 - US judge says could hold Trump administration in criminal contempt of court 16/04 21:26 - Trump’s D.C. U.S. attorney pick appeared on Russian state media over 150 times 16/04 21:21 - Trump press secretary attacks Maryland senator for traveling to El Salvador – live 16/04 21:19 - China appoints new trade negotiator amid tariff war with US 16/04 21:10 - Russia Arrests Former Governor of Kursk Region 16/04 21:00 - Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth 16/04 20:44 - News24 | Putin praises Musk, compares him to Soviet space hero 16/04 20:31 - Who will win the US-China trade war? 16/04 20:31 - Who will win the US-China trade war? 16/04 20:31 - Australia election 2025 live: Peter Dutton says he ‘aspires’ to lower income tax and to end bracket creep 16/04 20:26 - Fed chair says Trump tariffs could make inflation worse as US stocks slide further 16/04 20:22 - The Concert Cold War in a Quiet Enclave 16/04 20:16 - Russian missiles hit Sumy civilians as military held ceremony, soldier says 16/04 20:16 - Members of British Jewish body condemn Israel's Gaza offensive 16/04 20:15 - Suspect in Josh Shapiro’s Mansion Arson Cited Treatment of Palestinians, Police Say 16/04 20:12 - French PM claims US betrayed democratic world 16/04 19:52 - Qatar ready to mediate Ukraine conflict – Foreign Ministry 16/04 19:29 - Chinese official mocks ‘US peasants’ in tariff war jibe 16/04 19:26 - Putin compares Musk to Russian space pioneer Korolev 16/04 19:16 - Whole ecosystems ‘decimated’ by huge rise in UK wildfires 16/04 18:58 - Israeli minister met David Lammy on ‘private’ visit to UK, Foreign Office says 16/04 18:50 - US judge finds probable cause to hold Trump officials in contempt over alien act deportations 16/04 18:47 - Man charged in fire at Pennsylvania governor Josh Shapiro’s mansion voiced Palestine support 16/04 18:42 - Maldives bans Israeli travelers over ‘continuing atrocities’ in Gaza 16/04 18:23 - Israeli troops will remain in Gaza 'security zones' after war, minister says 16/04 18:00 - UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war 16/04 17:59 - Most Russians feel ‘happy’ – survey 16/04 17:52 - El Salvador deportations row ramps up as judge says Trump administration could be in criminal contempt 16/04 17:51 - After Trump tariffs, Hong Kong suspends packages to U.S. 16/04 17:34 - Chinese manufacturers pitch products directly to Western consumers 16/04 17:34 - Chinese manufacturers pitch products directly to Western consumers 16/04 17:31 - Ringleaders of attacks on French jails will be punished, Macron says 16/04 17:01 - 27 Organizational Products From Wayfair That'll Help You Get On Top Of Spring Cleaning 16/04 16:48 - Prison staff could die if security not improved, officer warns after Abedi attack 16/04 16:25 - Trump's tariffs will shrink global trading, warns World Trade Organization 16/04 16:16 - California launches legal challenge against Trump’s ‘illegal’ tariffs 16/04 15:57 - Trump tariffs will send global trade into reverse this year, warns WTO 16/04 15:52 - Israel Threatens Further Escalation in Gaza War 16/04 15:52 - As US and China escalate trade war, the world asks, ‘Who will blink first?’ 16/04 15:52 - As US and China escalate trade war, the world asks, ‘Who will blink first?’ 16/04 15:52 - Russia jails journalists for alleged ties to Navalny 16/04 15:52 - Russia jails journalists for alleged ties to Navalny 16/04 15:45 - UK’s top court rules legal definition of ‘woman’ refers to ‘biological sex’ 16/04 15:45 - UK’s top court rules legal definition of ‘woman’ refers to ‘biological sex’ 16/04 15:36 - Council plans legal action over ancient London oak felled by Toby Carvery 16/04 15:18 - Israeli army faces growing dissent: ‘I will never again serve under this government’ 16/04 15:12 - US demanding $100bn compensation from Ukraine – Bloomberg 16/04 15:12 - What to Know as Trump Freezes Federal Funds for Harvard and Other Universities 16/04 14:59 - News24 | Russia hits Odesa in Ukraine with 'massive drone attack', injuring 3 16/04 14:55 - Hungary ‘rapidly going in wrong direction’, EU lawmakers warn after visit – as it happened 16/04 14:48 - Members of leading British Jewish body condemn Israel’s latest actions in Gaza 16/04 14:43 - How Gaza is becoming the deadliest conflict zone for journalists 16/04 14:39 - Syrian family returns home after seven years of displacement 16/04 14:23 - Media outlets rally in Paris in support of journalists in Gaza 16/04 13:57 - Italy’s Meloni Heads to Washington to Meet Trump. Will It Pay Off for Europe? 16/04 13:30 - Being a Palestinian journalist in Gaza has become increasingly difficult 16/04 13:21 - Rubio, Witkoff head to Paris for Ukraine war talks 16/04 13:20 - Perimeter probe describes harrowing policy of creating veritable 'kill zone between Israel and Gaza' 16/04 13:15 - Tariffs more likely to bring UK price cuts than inflation, says WH Smith boss 16/04 13:13 - Ukraine prolongs martial law amid Russian air attacks, heavy ground battles 16/04 13:13 - Ukraine prolongs martial law amid Russian air attacks, heavy ground battles 16/04 12:58 - Russia jails four journalists for associating with Alexeï Navalny 16/04 12:44 - China trade war poses threat to US arms firms’ rare earths supply, analysts warn 16/04 12:40 - A U.S.-China Trade War With Students and Tourists as Potential Pawns 16/04 12:34 - Majority of Israelis support ending war in Gaza, peace activist Itamar Avneri says 16/04 12:17 - Beijing orders airlines to suspend Boeing jet deliveries amid trade war 16/04 12:12 - Amid US trade war, China’s Xi goes on South Asian charm offensive 16/04 12:12 - Amid US trade war, China’s Xi goes on South Asian charm offensive 16/04 12:11 - Bridget McKenzie admits she was wrong to claim Russia and China want Albanese to win election 16/04 11:53 - I'm Genuinely Considering Eating My Screen After Seeing What This AI Can Do With Anime Food 16/04 11:50 - Russia set to end energy ceasefire with Ukraine, even as fighting rages 16/04 11:40 - Dutton admits he made mistake on Indonesia in ABC leaders’ debate as Albanese evasive on electricity prices 16/04 11:37 - After two years of war in Sudan, the world can no longer plead ignorance 16/04 11:37 - After two years of war in Sudan, the world can no longer plead ignorance 16/04 11:32 - Romania promises laws to deal with brown bears as population estimate doubles 16/04 11:28 - Russia’s largest military call-up whips up fear among young men 16/04 11:28 - Russia’s largest military call-up whips up fear among young men 16/04 11:00 - Trump has put Christian nationalists in key roles – say a prayer for free speech 16/04 10:57 - Trump and Musk taking ‘hatchet’ to social security, says Biden | First Thing 16/04 10:41 - ‘No humanitarian aid will enter Gaza,’ Israel defence minister says 16/04 10:17 - More than £2bn wiped from value of UK distributor amid Trump tariff uncertainty 16/04 09:59 - Israeli soldiers filmed themselves destroying Gaza: See the video evidence 16/04 09:59 - Israeli soldiers filmed themselves destroying Gaza: See the video evidence 16/04 09:54 - Sudan's paramilitary chief announces rival government of 'peace and unity' 16/04 09:44 - NATO chief rules out Ukrainian membership under peace deal 16/04 09:38 - 'Mysterious' and 'violent' prison attacks captivate French papers 16/04 08:56 - Former US President Biden addresses first post-presidency speech on social security 16/04 08:27 - Biden condemns Trump over social security in first post-presidency speech 16/04 08:25 - Good news on UK inflation may be short-lived amid trade war and rising household bills 16/04 08:21 - Chinese economy grows 5.4%, surpassing quarterly forecasts amid looming trade war 16/04 08:06 - Lambie says Russia-Indonesia matter ‘overblown’ by Dutton – as it happened 16/04 08:05 - Reeves says inflation fall shows ‘plan for change is working’ – UK politics live 16/04 08:01 - China tries to stoke domestic demand as tariffs hit. It won’t be easy. 16/04 07:38 - China appoints new trade envoy in face of tariff turmoil 16/04 07:33 - UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates 16/04 07:25 - News24 | 'Will return in black coffins': Hamas warns families after Israel strikes on hostage location 16/04 06:56 - Curry, Butler help Warriors beat Grizzlies in play-in 16/04 06:56 - Curry, Butler help Warriors beat Grizzlies in play-in 16/04 06:37 - Video: Leading human rights lawyer speaks out on Israel war crimes suspects 16/04 06:37 - Video: Leading human rights lawyer speaks out on Israel war crimes suspects