UK government ‘disappointed’ charges dropped against men accused of spying for China
US agrees commercial terms on TikTok sale, as Trump says China talks went ‘very well’ – as it happened
Donald Trump has dropped a firm hint that the US and China have reached a deal about the future of TikTok.Posting on Truth Social a few minutes ago, Trump declares that the meeting taking place between officials from the US and China about trade in Madrid had gone “VERY WELL”Trump wrote:The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal was also reached on a “certain” company that young people in our Country very much wanted to save.They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one!!! President DJTTikTok’s owner, Beijing-headquartered ByteDance, has faced a Wednesday deadline to find a buyer for the short video site’s US operations, or be banned in the country
Chinese economy slows amid Trump trade war and weaker consumer spending
China’s economy showed further signs of weakness last month as it comes under strain from Donald Trump’s trade wars and domestic problems, with factory output and consumer spending rising at their slowest pace for about a year.The disappointing data adds pressure on Beijing to roll out more stimulus to fend off a sharp slowdown, with a debt crisis denting the country’s once-booming property sector and exports facing stronger headwinds.Economists were split over whether policymakers should introduce more near-term fiscal support to hit their annual 5% growth target, with manufacturers awaiting further clarity on a US trade deal and domestic demand curbed by an uncertain job market and property crisis.Industrial output grew by 5.2% year on year last month, National Bureau of Statistics data showed on Monday, the lowest reading since August 2024 and below the 5
Late-November budget may affect Christmas shopping, says Aldi boss
The UK boss of Aldi has warned that the late November timing of the budget could hit consumer spending in the all-important run-up to Christmas.Giles Hurley, the UK chief executive of Aldi in the UK & Ireland, said that the uncertainty over the measures that the chancellor, Rachel Reeves, will take to address a fiscal hole in the government’s finances could affect festive season spending decisions by consumers.“There is no doubt the budget does create a bit of uncertainty,” he said. “If you ask customers across the length and breadth of the country they would say that inflationary pressures are persistent. Inflationary challenges are just tremendously challenging
Car seats being sold online in UK that risk lives of children, Which? finds
Unregulated children’s car seats are being sold by leading online retailers in the UK, a Which? investigation has found.The consumer group discovered products for sale on platforms including eBay, Shein, Wish, Little Dreams and ManoMano that did not carry the orange certification labels showing compliance with regulation. Without these markings, parents cannot be sure the seats have been tested to the legal standard.Which? said the car seats were putting children’s lives at risk. Many were priced between £12
UK and US line up string of deals to build modular nuclear reactors in Britain
Labour’s plans for a massive expansion of nuclear power have been given a boost with a string of transatlantic deals for new modular reactors announced before Donald Trump’s visit.The UK and US governments have promised to fast track safety checks, and announced several new private sector investment deals, with Labour emphasising the potential benefits for jobs and growth.In the biggest and most advanced commercial project, Britain’s largest energy supplier Centrica will pair with the US reactor firm X-energy to build up to 12 advanced modular reactors in Hartlepool, announcing an investment that could create up to 2,500 jobs in the north-east of England.The prime minister, Keir Starmer, said the US-UK agreement, expected to be signed off formally during the state visit, was a “landmark nuclear partnership” that would also power economic growth.He said: “These major commitments set us well on course to a golden age of nuclear that will drive down household bills in the long run, while delivering thousands of good jobs in the short term
Bank of England urged to slow bond-selling plan to help cut record UK borrowing costs
Andrew Bailey has been urged by former Bank of England policymakers to ease pressure on the government’s borrowing costs by cutting back its bond-selling plans.In a crunch week for the economy, four influential ex-members of the Bank’s monetary policy committee (MPC) said a change in course was needed.Britain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on chancellor Rachel Reeves before her 26 November autumn budget.Threadneedle Street has blamed the rise on global factors., triggered by Donald Trump’s trade war and his assault on the independence of the US Federal Reserve
Cycling teams could boycott races involving Israel-Premier Tech after Vuelta chaos
Kurtis Marschall shines light on pole vault camaraderie in epic Tokyo final
Football agent Kia Joorabchian’s big racing spend needs to start paying off
‘A nobody who became really good’: Gout Gout takes his bow on the world stage
AFL finals: where the Geelong v Hawthorn preliminary final will be won and lost | Martin Pegan
World Athletics Championships 2025: Duplantis claims pole vault world record as Kambundji wins 100m hurdles – as it happened