Economic News
BoE deputy warns Brexit delay may further dampen business investment
Deputy governor of the Bank of England Ben Broadbent warned on Monday that another Brexit delay might damage the long-term economic outlook as the resulting uncertainty weighed on investor spirits.
China approves $60bn-worth of retaliatory tariffs on US goods
China will raise tariffs on $60bn-worth of US exports in retaliation for the latest decision from Washington to increase levies on $200bn of Chinese goods from 10% to 25%.
EU readies retaliation as US auto-tariff deadline looms
The European Union has prepared a list of American exports that will be subjected to tariffs on 18 May should the US go ahead with $53bn-worth of levies on the bloc's car and auto parts exports.
Trump warns China not to retaliate as trade war escalates
Tensions between Washington and Beijing were put in sharp focus on Monday after a series of tweets by Donald Trump aimed at Chinese counterpart President Xi.
UK high street vacancies rate rises to highest in 4 years
The national town centre vacancy rate hit 10. 2% in April, reaching its highest level since 2015, revealed the latest analysis from the British Retail Consortium.
Bitcoin climbs past $7,000 and hits nine-month high
Bitcoin has climbed past $7,000, reaching its highest price since September on the back of an extended rally that has seen it surge by more than $1,000 over the weekend.
Saudi Arabia reports attacks on two of its oil tankers
Saudi Arabia reported attacks on two of its oil tankers off the coast of the United Arab Emirates in a sign of rising tension in the Middle East.