Political 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.
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.
UK MPs say banks putting poor, elderly at risk with branch closures
Britain's banks are putting the elderly and poor at risk through increasing branch closures, a powerful commons committee said on Monday.