The government borrowed more than expected in the year to March due to increased spending on pay and benefits, according to official figures. Borrowing, the difference between spending and income…

US President Donald Trump says he has “no intention of firing” Jerome Powell after repeatedly criticising the Federal Reserve Chair. Speaking to reporters on Tuesday, Trump added he would like…

Tesla’s profits and automotive revenues plunged at the beginning of the year, as sales slumped and the brand faced backlash against boss Elon Musk’s political activities. The company warned investors…

Adrienne Murray Business reporter Reporting fromLolland, Denmark Femern The completed tunnel will slash travel times between Hamburg and Copenhagen A record-breaking tunnel is being built under the Baltic Sea between…

Getty Images The US dollar has seen big declines in recent months. Currencies rise and fall all the time but the recent drop in the dollar has been particularly dramatic.…

Chloe Aslett & Vanessa Clarke BBC News, Yorkshire Vanessa Clarke/BBC Year three pupils Zara and Georgie say they are “breakfast club fans” Parents and teachers at a Sheffield primary school…

Vishala Sri-Pathma BBC business reporter Getty Images The IMF predicts that the UK will have higher than expected inflation this year for the Bank of England to battle. The Bank…

Nick Edser Business reporter, BBC News Getty Images The US growth forecast for this year has been given the biggest downgrade among advanced economies by the International Monetary Fund (IMF)…

People struggling with the cost of living can apply for a £425 grant, East Riding of Yorkshire Council has said. Those on low incomes and in financial crisis are eligible…

The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian countries. It comes after an investigation…