Analysts said the muted market response was because many investors expected the levies to settle at lower levels after negotiations.

The Labour Party is starting its second year in control of the government with difficult choices over whether to curb spending or raise taxes.

Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.

The Federal Reserve chair said the central bank would make decisions on interest rates based on data.

The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President…

Brexit had complicated many of Britain’s food exports to Europe. A new trade deal between the U.K. and the E.U. could make them easier, including…

Rachel Reeves, the chancellor of the Exchequer, broke down public spending plans, including more money for the military, public transport and affordable housing.

It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.

The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.

The countries’ trade agreement is just a first step, U.S. officials say. But British consumers are still skeptical of American food production.