Day Headlines in Economy News: 2025-06-05
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Tariffs prompt record plunge in US imports (BBC Economy 2025-06-05 15:23:57)
American purchases of Canadian goods in April fell to the lowest level since 2021. -
Dr Martens profits slump by more than 90% (BBC Economy 2025-06-05 14:45:08)
The company says a challenging market and uncertainty about tariffs are having an effect. -
Europe cuts interest rates as Trump's tariffs loom (BBC Economy 2025-06-05 13:39:46)
The eurozone's central bank makes its eighth cut but warns US tariffs will weigh on the economy. -
When will interest rates go down again? (BBC Economy 2025-06-05 12:44:12)
Interest rates, set by the Bank of England, affect mortgage, loan and savings rates for millions. -
UK inflation number too high after data blunder (BBC Economy 2025-06-05 10:15:08)
The UK's statistics agency says April's inflation figure was too high after it was given incorrect road tax data.