43 h. ago Government announces extra help for businesses hit by US tariffs

The Chancellor said thousands of businesses would benefit from a move to expand UK Export Finance’s backing for firms by £20 billion.

Politics

4 d. ago Trump tariffs likely to hit UK growth, warns Bank of England policymaker

Deputy governor for financial stability Sarah Breeden added that it is ‘not clear-cut’ what effect the new trade policy will have on inflation.

Events

4 d. ago MP urges health secretaries to ensure Trump tariffs do not hit medicine supplies

Lib Dem Wendy Chamberlain said there could be ‘life-threatening’ consequences if the US president’s measures affect the availability of some drugs.

Politics

4 d. ago Manufacturer TT Electronics warns over profit hit from US tariffs

Import taxes and retaliatory measures have led to an ‘uncertain and volatile’ backdrop, the manufacturer said.

Events

1 week ago How Donald Trump's tariffs and a trade war will hit British business and YOU

We explain what the tariffs mean, what the impact could be on British businesses and consumers and what they mean for you.

Events

1 week ago US stocks tank and dollar slumps as Trump tariffs hit trading

The S&P 500 was plummeting about 4% shortly after markets opened, hitting the lowest level since September.

Events

1 week ago UK economy set for significant tariff hit but avoids ‘direct blow’ – economists

Donald Trump slapped a 10% tariff on US imports of UK goods.

Economics

1 week ago Full list of new Greater Manchester school nurseries and those to get extra places after government announcement

Dozens of new places will be available from September

Politics

1 week ago UK not ‘out of the woods’ on tariff hit even if deal is done with Trump – Reeves

The Chancellor said the UK would not indulge in ‘posturing’ over a possible response to Donald Trump’s tariffs.

Economics

1 week ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – 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

1 week 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

1 week ago Starmer: Trump tariffs likely to hit UK and all options on table in response

The Prime Minister suggested that retaliatory tariffs were possible but stressed that he does not want to see a trade war.

Politics

1 week ago Gold at record high as markets brace for Trump tariffs ‘to affect every country’ – 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

2 w. ago Downing Street admits Britain will be hit by Trump’s tariffs this week as worldwide trade war looms

Trump’s tariffs could hit 60 per cent of firms directly, two major business groups have warned

Events

2 w. ago UK expecting to be hit by Donald Trump’s tariffs this week – No 10

The Government has been trying to negotiate an exemption from the taxes on imports into the US which are set to come into force later this week.

Politics

2 w. ago FTSE and European counterparts fall in value as US tariffs hit car stocks

London’s top index finished 23.47 points, or 0.27%, lower to end the day at 8,666.12.

Events