2 h. ago Scottish economy 'turbulence' fear as Trump prepares to unleash tariffs

Growing unease as firms anticipate “rising costs and escalating geopolitical tension”

Politics

14 h. ago Trump tariffs will damage UK economy, Reeves tells Cabinet amid job loss fears

Sir Keir Starmer admits UK unlikely to be spared from sweeping measures to be announced by Donald Trump

Economics

19 h. ago Investors flock to gold funds as fears over Trump tariffs mount

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

Economics

22 h. ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

24 h. ago Is 'April Bills Day' just the start? Brits are hit with hikes to council tax, energy, water, NICs and vehicle duty... amid fears burden will have to rise AGAIN due to Trump tariffs

Brits face an 'Awful April' of domestic tax rises and bill increases hammering family finances starting today - with fears Donald Trump 's tariffs will soon push the burden even higher.

Economics

27 h. ago Starmer admits UK will face Trump tariffs this week amid global recession fears: Live updates

Donald Trump will unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Politics

33 h. ago Dow rebounds for a big day after stock markets slip early on fears over Trump’s tariffs

Sweeping levies are set to go in effect on Wednesday, which Trump has dubbed ‘Liberation Day’ for America

Politics

33 h. ago Recession odds are increasing as Trump pushes his trade war further, top financial firm says

Recession fears mount as Trump set to begin ‘Liberation Day’ tariff agenda this week

Economics

42 h. ago Starmer admits UK will face Trump tariffs this week as US president sparks global recession fears: Live

Markets tumble across UK, Europe and Asia after Trump announced he is set to impose a barrage of high tariffs on imported goods from around the world

Politics

43 h. ago Markets tumble in UK, Europe and Asia as Trump tariffs stoke fears of global recession: Live

US president announces he is set to impose various high tariffs on imported goods from around the world to counter trade practices that his government deems unfair in escalating trade war

Economics

43 h. ago Looming Trump tariff deadline sparks fresh fears of higher costs worldwide

Donald Trump’s tariff policy has sent ripples through the financial markets as investors assess what the impact will be on global trade.

Politics

44 h. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likelyWall Street shrinks in response to price pressures, stoking fears of Trump tariffsSwiss bank UBS has cut its forecast for the US stock market’s gains this year.Having previously forecast the S&P 500 shares index would end the year at 6,600 points (which would have been a 12% gain in 2025), UBS have now cut their end-year target to 6,400 points.“After considering the effects of tariffs and slower growth data so far in 2025, we now expect 6% earnings per share growth, and we have accordingly reduced our year-end target for the index to 6,400 (from 6,600).But this also means that there is still meaningful upside for broad US equities by year-end, in our view.”The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take...

Economics

44 h. ago UK politics latest: FTSE tumbles over fears Trump will impose crippling tariffs on Britain this week

The UK is hoping to avoid Trump’s sweeping tariffs by securing a US trade deal before Wednesday

Politics

47 h. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump trade war riles investors – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nationsWall Street shrinks in response to price pressures, stoking fears of Trump tariffsEurope’s main stock indices are a sea of red, as investors react to Donald Trump’s declaration that the reciprocal tariffs he is set to announce this week will include all nations.Italy’s FTSE MIB index has dropped 1.4%, France’s CAC is down 1%, and Germany’s DAX has lost 0.95%.The tariffs imposed by the U.S. government and the fear of new announcements as early as Wednesday are creating a bleak atmosphere on trading floors worldwide. Just last Wednesday, the DAX was above 23,000 points, but it now appears that the index may soon test the 22,000 mark.The risk appetite seen in the initial weeks of the year has dissipated as investors and asset managers pull back, reduce positions, and refrain from taking on large new ones. The inclination to buy the dips has nearly vanished. Continue reading...

Economics

49 h. ago Trump considers extraordinary 20% global tariff on ALL IMPORTS sparking fears of worldwide market bloodbath

Trump has pushed his team in recent days to 'be more aggressive' as they hammer out the finer details of the tariffs.

Politics

63 h. ago How to beat the Trump Slump: As tariff fears crash markets, shares guru JOANNE HART picks stocks from banking to media and retail that could make you a fortune

Tariffs, tantrums, security gaffes - Donald Trump's second term in the White House has certainly been eventful so far. And financial markets are unimpressed.

Economics

7 d. ago Rising fears of Trump tariffs pummel US consumer confidence to four

Tariffs panned by economists for sowing uncertainty that they said made it challenging for businesses to plan aheadUS consumer confidence plunged to the lowest level in more than four years in March, with households fearing a recession in the future and higher inflation because of tariffs.The Conference Board said on Tuesday that write-in responses to the survey showed “worries about the impact of trade policies and tariffs in particular are on the rise”, adding: “There were also more references than usual to economic and policy uncertainty.” Continue reading...

Politics

2 w. ago Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates

A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of an all-out trade war as they give their verdict on the path of interest rates this week.The Federal Reserve, the US ­central bank, will examine the prospect of a “Trumpcession” brought on by tariffs that send import costs rocketing and convince consumers, already shellshocked from the cost of living crisis, to stop spending. Continue reading...

Politics

2 w. ago Body blow for Rachel Reeves after GDP fell 0.1% in January with worse to come from Budget tax raid and Trump's tariffs

GDP fell 0.1 per cent in January as production plunged despite the Chancellor's high-profile push for growth.

Economics

2 w. ago Body blow for Rachel Reeves after GDP fell 0.1% in January with fears of worse to come from Budget tax raid and Trump's tariffs

GDP fell 0.1 per cent in January as production plunged despite the Chancellor's high-profile push for growth.

Economics