Mitchell Labiak

1 week ago | bbc.com | Mitchell Labiak

Mitchell LabiakBusiness reporter, BBC NewsTrade tariff uncertainty is "literally off the charts" but there will not be a global recession, the International Monetary Fund (IMF) has said. The international economic group said in its forecast for the world economy that global share prices have dropped "as trade tensions flared" and warned about an "erosion of trust" between countries.

1 week ago | ca.news.yahoo.com | Mitchell Labiak

The UK government has temporarily banned people from bringing cheese and some meats from the European Union (EU) into the country to stop the spread of foot and mouth disease. But what does that actually mean in practice - and should you be concerned? What has been banned? Pork, beef, lamb, mutton, goat, venison and any other products made from these meats - such as sausages - from the EU have been banned. It also applies to pet food.

1 week ago | bbc.com | Mitchell Labiak

Mitchell LabiakBusiness reporter, BBC NewsThe UK government has temporarily banned people from bringing cheese and some meats from the European Union (EU) into the country to stop the spread of foot and mouth disease. But what does that actually mean in practice - and should you be concerned? What has been banned? Pork, beef, lamb, mutton, goat, venison and any other products made from these meats - such as sausages - from the EU have been banned. It also applies to pet food.

2 weeks ago | bbc.com | Mitchell Labiak

More UK lenders cut mortgage rates amid tariff turmoilMitchell LabiakBusiness reporter, BBC NewsGetty ImagesA growing number of UK lenders are cutting mortgage rates as the fallout from US tariffs continues to fuel forecasts of deeper than expected interest rate cuts. Coventry Building Society became the largest mortgage provider to cut its two-year fixed rate to below 4% on Wednesday as several others also cut rates.

2 weeks ago | bbc.co.uk | Mitchell Labiak

Image source, Getty ImagesBusiness reporter, BBC NewsLenders are set to cut rates on mortgages after turmoil from US President Donald Trump's tariff policy raised expectations that UK interest rates could be cut further this year. TSB Bank said it will reduce some two-year fixed rate mortgages by up to 0.25 percentage points on Wednesday, following MPowered Mortgages which trimmed rates on across a number of its deals.