9 h. ago One of UK’s largest companies sees £2bn wiped off shares through Trump tariffs impact

The UK distributor supplies companies around the world with everyday goods such as food packaging, equipment and protective wear

Economics

11 h. ago Could Trump’s tariffs push cash ISA rates higher for UK savers?

With Cash ISAs relying on the Bank of England’s base rate of interest for their saving returns, could the inflationary impact of Trump’s tariffs lead to better opportunities?

Politics

48 h. ago Business confidence sinks as firms weigh twin impact of US tariffs and tax rises

A poll of UK bosses indicated that sentiment is at its lowest point since late 2022, when inflation was surging to historically high levels.

Economics

3 d. ago John Swinney wants Scotland's economic future to be 'resilient' after Trump tariff war

The SNP leader has called for a UK Government response to "reflect changing reality" amid concern over the impact of US trade tariffs and other factors.

Economics

5 d. ago UK economy surges 0.5% in February in surprise boost for Rachel Reeves

However, City economists warned that the spurt could be short-lived as the impact of higher tariffs and business taxes kick in

Politics

5 d. ago UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.Reversing a modest fall in January of 0.1%, the increase in gross domestic product in February was five times larger than the 0.1% growth that a poll of City economists had forecast. Continue reading...

Politics

6 d. ago Trump has slowed his global tariff plan. Here’s what happens next and the impact on your wallet

The president caught the world – and most of his administration – off guard with his sudden announcement that he was pausing tariffs

Politics

6 d. ago F1 team issues statement as Donald Trump's US tariffs prompt changes

Donald Trump's tariff announcements and their economic impact are being felt in all sectors and have prompted a statement from one Formula 1 team after their parent company's announcement

Politics

6 d. ago Trump’s tariffs may be reduced but their impact will be felt in the UK and beyond

We examine potential consequences of US president’s market chaos, which could reach every corner of global finance and economyDonald Trump may have stepped back from his huge tariff rises on every country, except China, which now faces 125%, but the impact of the market chaos is likely to continue in the UK and beyond. The rest of the world still faces a blanket 10% tariff on all US exports.While much of the focus has been the direct impact of the tariffs on physical goods, Trump’s actions threaten to reach every corner of global finance and the economy. Continue reading...

Politics

7 d. ago Trump says pharmaceutical tariffs are coming ‘very shortly.’ How will this impact the price of drugs?

‘We're going to be announcing very shortly a major tariff on pharmaceuticals. And when they hear that, they will leave China,’ president says at Republican fundraiser

Politics

7 d. ago Conservative CDU/CSU and SPD form coalition government in Germany

Two of the country’s biggest parties freeze out right-wing AfD and prepare for impact of Trump’s new tariffsGermany’s biggest mainstream parties have sealed an agreement to form a government keeping the far right out of power, as Europe’s top economy struggles to reverse a downturn and gird itself for the potentially catastrophic impact of new US tariffs.The prospective chancellor Friedrich Merz’s conservative CDU/CSU announced the breakthrough deal with the centre-left Social Democrats (SPD), which had led the ruling coalition since 2021. Continue reading...

Politics

7 d. ago China mocks Trump’s tariffs with AI video of US sweatshop workers: ‘Make America Great Again’

The TikTok video has sparked further debate about the impact the president’s tariffs will have on the U.S.

Economics

7 d. ago Bank of England issues warning of 'severe impact' of Donald Trump tariffs as it issues response

The central bank's Financial Policy Committee (FPC) has warned that the global tariffs imposed on trade could severely rock the UK's financial stability, which could have wider negative effects on the UK economy

Events

8 d. ago Spare a thought for the poor billionaires who backed Trump — and hate tariffs | Marina Hyde

As the great American self-own rages on, the super-rich are beginning to break rank. Meanwhile, Elon Musk’s gone suspiciously quietTrade Wars, Episode V: The Empire Shoots Itself in the Foot. As the world financial markets fail to appreciate his genius, tariff-excreting president Donald Trump has explained it all away by stating that “sometimes you have to take medicine”. Why am I reminded of the bit in Covid where he appeared to suggest that disinfectant could helpfully be injected into the lungs? I guess that was just science, same as this tariffs plan is just economics.Even so, can it really still be less than a week since a Wall Street Journal poll found 77% of US Republicans thought tariffs would have a positive impact? Ah well. Famously, the American people have a great tolerance for pain. If only one of their kindly gazillionare firms could come up with some sort of financial opioid epidemic to take the edge off the coming agonies.Marina Hyde is a Guardian columnist Continue ...

Politics

8 d. ago Rachel Reeves warns of 'profound' impact from Trump tariffs as UK markets finally calm

The Chancellor told MPs she would be meeting her US counterpart, treasury secretary Scott Bessent 'shortly' to discuss the impact of the president's protectionism.

Events

8 d. ago Trump tariffs will have little impact on London's services based economy says report

Only 3% of London exports are goods heading for the newly protectionist US

Politics

9 d. ago Starmer to face grilling from senior MPs amid ongoing tariff turmoil

Sir Keir Starmer will face questions from the Commons Liaison Committee, as UK businesses begin to feel the impact of US tariffs.

Politics

9 d. ago Keir Starmer's dire warning over Donald Trump economic chaos

Keir Starmer told Jaguar Land Rover workers in Birmingham that Donald Trump's tariffs were bad news and would have a 'profound' impact across the globe - but vowed to back British workers 'to the hilt'

Events

9 d. ago Petrol car ban date confirmed by Keir Starmer amid Donald Trump tariff fallout

The Prime Minister backed the British car industry on Monday as he warned Donald Trump's tariffs will have a 'profound' impact on the global economy

Politics

9 d. ago Keir Starmer confirms when petrol, diesel and hybrid cars will be banned in major speech

Keir Starmer eased rules around new hybrid cars as he warned Donald Trump's tariffs will have a 'profound' impact on the global economy as markets tumbled across the world

Events