Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles
With threats of recession, global fracturing and increasingly angry voters, Labour’s sticky start is unlikely to get any easier, says Guardian columnist Larry Elliott
Editorial: Relaxing financial rules risks undermining stability, ignoring post-crash lessons and prioritising short-term gains over the long-term health of the economy