The magnitude of global events since the turn of the century has provided plenty of lessons in leadership. Britain's boardroom bosses now need to steel themselves amid fresh global uncertainty. In the UK - as elsewhere - conversations are inevitably turning to defence as the world becomes a more dangerous place.
A report suggested more will soon follow as the number of companies in 'critical' financial distress rose by 13 per cent in the first quarter.
King criticised Rachel Reeves's 'flawed' fiscal rules, which allow debt to keep rising as a share of GDP for the time being with the aim that it will start coming down after a few years.
Trump's sweeping tariff measures have shaken the global economy, though, leaving many investors nursing huge losses.
The sharp decline - accelerated by a warning of lower profits - means shares have cratered 84 per cent since early 2020.
At the end of a steady session in London, the blue-chip index closed up 0.1 per cent, or 7.81 points, to 8415.25 as it extended its longest winning streak since 2019.
As companies across the globe laid bare the impact of tariffs, the IMF warned tensions between Washington and Beijing were hitting investment.
But a fresh light has now been shone on the oversized risks of under-regulated hedge funds in managing financial stability.
The bank is looking to save money on leasing venues, providing refreshments and hiring security. It is also looking to deter the likes of Extinction Rebellion.
Evoke revealed its revenue tipped up by 2 per cent at constant currency rates to £437million in the three months ending March.
US Treasury Secretary Scott Bessent's appearance before bankers at the Willard Hotel needed a video feed as it was so oversubscribed.
Revolut expects to finally start operating as a UK bank in 2025 after the challenger's profits and revenues surged last year.
Unilever's new boss Fernando Fernandez said the firm was on track to hit annual targets and distanced himself from its previous 'woke' posturing.
In a boost for households and businesses hoping for cheaper borrowing costs, investors are betting on cuts in May and June, from 4.5% to 4%. With fears of recession mounting, markets think the rate could hit 3.5% by the end of the year as the economy buckles under the weight of Rachel Reeves' anti-business tax-raising Budget and a global trade war.
Research shows FTSE 100 bosses have bagged an 11% pay rise so far this year on average, compared with 7.5% in the US.
London-listed fund managers have started to reveal the extent of damage caused by recent global trade upheaval, as investors head for the exit amid widespread volatility.
CVS Group has agreed to sell its crematorium business with plans to reinvest some of the cash in Australia after an extended period of UK regulatory pressure.
Rick Haythornthwaite (pictured) said the banking giant was 'incredibly grateful' to taxpayers for stepping in to save the it from collapse.
The 72 politicians have written to Dirk Van de Put, chief executive of Mondelez, the US food giant that took Cadbury over in 2010.
Asos boss Jose Antonio Ramos Calamonte said shoppers want the much-loved fashion label to 'have its own presence'.
Electric vehicle charging point maker Pod Point looks set to be sold to EDF after a sharp slowdown in demand hurt sales last year.
The headcount reduction forms part of Unilever's plan to save €800m and cut 7,500 'mainly office-based roles.'
London's FTSE 100 index of blue-chip stocks closed 0.9% higher last night while Germany's Dax was up 3.1% and the CAC 40 in Paris jumped 2.1%.
To try and spur domestic motor manufacturing, President Donald Trump imposed a 25 per cent tax three weeks ago on US auto imports.
Musk says from next month he will only works a day or two per week for President Donald Trump's White House. The electric vehicle giant endured a torrid first quarter , with car sales and profits falling sharply, as Musk's close ties to the White House have sparked backlash and competition from Chinese peers has grown.
The downgrade to British and global growth in the IMF's World Economic Outlook report will come as no surprise. Donald Trump's 'Liberation Day' random tariffs imposed on April 2nd then subsequently watered down, shattered confidence in the world trading system. It has plundered equity markets and placed nations, global companies and consumers on panic stations.
RUTH SUNDERLAND: I've said it before and I will say it again: Donald Trump is resoundingly right, sometimes. The US President has an idiosyncratic grasp of economics, to put it tactfully, but when he declared in 2018, 'If you don't have steel, you don't have a country', he was correct. The irony is that Trump's 25 per cent tariffs were yet another blow to the UK's beleaguered industry.
A perfect storm is brewing, which could push UK inflation above 5 per cent by the autumn. It is currently at 2.8 per cent, up from last summer when it fell to its 2 per cent target, thanks to lower food and energy prices. That meant a sigh of relief for borrowers as it allowed the Bank of England's Monetary Policy Committee to cut interest rates three times from 5.25 to 4.5 per cent. But warning signs of higher inflation have been there for some time and Trump's tariff proposals have created an added layer of uncertainty.
At the national level, the lack of an industrial strategy and those to execute it with skill has left the Government naked. In The Guardian this week Gordon Brown recognised the need for synchronised global fiscal measures to combat trade mayhem and its impact on inflation, consumer confidence and investment. He called for the $150billion lending capacity of the World Bank and the financing power of the IMF to be mobilised.
