FTSE 250 hits six-month high; Brexit delay lifts holiday firms – business live

Rolling coverage of the latest economic and financial news, as shares in easyJet and TUI rallyLatest: FTSE 250 at highest level since October 2018Holiday firms: Book now!Businesses demand Brexit progressFull story: Short-term growth policies risk new financial crisisIntroduction: Anxiety over global slowdown hits Asian stocks 2.54pm BST Newsflash: UK chancellor Philip Hammond says he’ll be pushing for action on sustainable growth and climate change action, at the IMF/World Bank Spring Meeting this week.In a statement just released, Hammond says:“I will be in Washington this week to showcase our world-class expertise and experience in tackling some of the urgent challenges of our time, from climate change to trade and big data.“Global Britain is at a turning point and our future is bright. We must work together with our partners across the world to create a safer, more prosperous and more sustainable economy for future generations.” 2.35pm BST Newsflash from Washington: US treasury secretary Steven Mnuchin has said America and China haven’t resolved their trade war issues yet, despite fresh talks last week.Kudlow on China trade deal: We’ve made “good progress” but “I can’t say the deal is done.”Larry Kudlow just now: “I don’t see any recession this year, next year.” He’s being interviewed on stage by @BobCusack of @thehill Continue reading…
Via: FTSE 250 hits six-month high; Brexit delay lifts holiday firms – business live