Eurozone economy grows 0.4% in first quarter ahead of Trump’s tariffs

Figure for period before US president announced sweeping levies surpasses expectations
Barclays profits boosted by trading flurry

Bank reports 20% rise in profits in the first quarter
UK house prices fall further than expected in April

Month-on-month drop of 0.6% was below zero growth forecasted by economists as stamp duty taxes rise
UBS posts $1.7bn net profit as volatility drives earnings

Switzerland’s biggest bank records wealth management inflows of $32bn
Mark Carney prepares for Trump talks after Canada poll win

Canada’s new prime minister has promised to reshape his country’s relationship with the US
Tariffs hit home for small US businesses that rely on Chinese imports

Growing worries that a trade war could suffocate a crucial driver of employment and economic growth