Rolling coverage of the latest economic and financial newsChina exports beat expectations despite slump in trade with USYesterday, Donald Trump teased us by revealing that an unnamed UK company had bought $10bn of planes from Boeing.And this morning, British Airways’ parent company has revealed itself as the buyer.The Group has ordered 21 Airbus A330-900neo aircraft and 32 Boeing 787-10 aircraft for delivery from 2028 to 2033.The aircraft are mainly for replacement, with around one third for growth in IAG’s core markets.“This story on the front page of the Telegraph is complete nonsense. I mean, I’m at a bit of a loss as to know where it’s come from. I think it was a Conservative Party criticism.“But as you said, we’ve not even published all of the documents yet, so I’m not quite sure how they were able to come up with that. Continue reading...
Wednesday 14 May 2025
theguardian - 5 days ago
UK must rebuild trade relationship with EU, says BoE China-US shipments slump – business live
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