Keep up to date with the latest business and finance news in our round-up…

 

China hits back with tariffs, accusing the US of launching the ‘largest trade war in history’

The retaliatory move signals the start of a full-blown trade war between two of the world’s largest economies.

Three-fold increase in pension schemes considering climate risks

17% of investors surveyed acknowledge that climate change could impact investments. This percentage has risen from just 5% in 2017.

Bank of England governor Mark Carney upbeat on UK growth

Mark Carney said recent data had given him ‘greater confidence’ on UK growth in a speech that could stoke expectations of an interest rise in August.

Jaguar Land Rover says Brexit risks UK plant closures

At least 40,000 jobs are at risk if the country leaves the EU without a free trade deal, Jaguar Land Rover has warned.

And finally…

Waistcoat sales up as Gareth Southgate sets trend at World Cup

Marks & Spencer, the official suit supplier to the England team, have seen demand for waistcoats rise 35% thanks to England manager Gareth Southgate.

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