4 d. ago Workers at posh car firms may need to be put back on FURLOUGH to avoid job losses within weeks caused by Trump's trade tariffs, MPs told

The head of trade body Make UK said UK firms were already putting in contingency plans to deal with an expected slump in trade caused by the president's swing towards protectionism.

Economics

4 d. ago Trump latest: Vance admits president’s tariffs will cause ‘profound changes’ while gold surges to new high

Vice president J.D. Vance said the ‘rebalancing’ from aggressive tariffs would ‘produce great benefits for American workers’

Politics

7 d. ago Rachel Reeves warns UK won't accept US trade deal if red lines are crossed

In an interview with The Mirror the Chancellor Rachel Reeves voiced her optimism an agreement can be reached to tackle the misery caused by Donald Trump's tariffs

Events

9 d. ago Trump says Fed chair would resign if asked and condemns him over interest rates

President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policyDonald Trump early on Thursday condemned the Federal Reserve chair, Jerome Powell, for not lowering US interest rates, and expressed a wish for him to be gone from his role.The US president lambasted Powell as “always too late and wrong” in a post on his Truth Social platform. Trump noted that the European Central Bank (ECB) was poised on Thursday to lower interest rates again, without mentioning that the body has been responding to the chaos caused by Trump’s initiatives on tariffs. Continue reading...

Politics

9 d. ago Trump attacks Fed chair over interest rates and says his termination ‘cannot come fast enough’

President, whose tariff policy has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policyBusiness live – latest updatesDonald Trump early on Thursday blasted the Federal Reserve chairman, Jerome Powell, for not lowering US interest rates and expressed a wish for him to be gone from his role.The US president lambasted Powell as “always too late and wrong” in a post on his Truth Social platform. Trump noted that the European Central Bank (ECB) was poised on Thursday to lower interest rates again, without mentioning that the body has been responding to the chaos caused by Trump’s initiatives on tariffs. Continue reading...

Politics

1 week ago Too much like Trump? Australia’s opposition leader Peter Dutton risks turning off voters

Dutton has taken the Liberal party further to the right, but his strategy of aping the US president could be unravelling as Trump tariffs cause chaosSee all our Australia 2025 election coveragePeter Dutton, the man who would be prime minister of Australia, is one of the hard men of the country’s politics.So, with Australia facing a federal election now set for 3 May, it was not a huge step for him to start road-testing some of the language and policies of Donald Trump after his win in the US last November. Continue reading...

Politics

2 w. ago Nigel Farage compares turmoil of Donald Trump’s tariffs to market chaos caused by Liz Truss

Nigel Farage has compared Donald Trump with Liz Truss as he increasingly distances himself from the US president’s policies

Politics

2 w. ago UK households told to stockpile tinned food for two key reasons

Donald Trump's tariffs have caused economic chaos worldwide, with UK industry bodies warning this could lead to an increase in tinned food prices here in Britain

Society

2 w. ago Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsIn the UK, shoppers stayed away from the high street in March, a situation retailers said could worsen if the economic gloom caused by Donald Trump’s tariff war hits consumer confidence.Footfall fell 5% in March to extend a downturn in February that retailers said could be attributed to a recent rise in inflation and pressure on pay packets since a brief revival during the January sales.Global uncertainties resulting from tariffs and a potential economic slowdown could reduce the appetite for shopping trips in the coming months. Continue reading...

Economics

2 w. ago Petrol to fall below 130p a litre within days as Trump tariffs cause oil price to plunge

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.

Politics

2 w. ago Another economist cited by Trump to justify tariffs hits out: ‘It’s outrageous. They’re causing a recession’

The associate professor is one of many experts cited by the White House who is now criticizing Trump’s sweeping tariff hikes

Economics

2 w. ago Trick to bagging a top fixed rate deal that doesn't stop you switching if a better deal comes along: SYLVIA MORRIS

Nervous savers are pouring money into savings accounts to shelter it from the market turbulence caused by Donald Trump's tariff wars.

Economics

2 w. ago Rachel Reeves caught joking about government debt in ‘hot mic’ moment

Rachel Reeves was caught joking about government debt in a ‘hot mic’ moment during a visit with Keir Starmer to a Jaguar Land Rover plant in the West Midlands on Monday (7 April).

Politics

2 w. 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

2 w. ago I was in the room as Keir Starmer tried to put brave face on Trump chaos

Keir Starmer struck a note of defiance as he told Jaguar Land Rover workers in Birmingham that he would back them 'to the hilt', but he is treading a fine line with erratic Donald Trump watching on

Politics

2 w. ago Wall Street dives at opening in fresh stock market turmoil caused by Donald Trump tariffs

Volatile trading as US markets open as President Trump shows no signs of backing down over blanket tariffs on US imports

Politics

2 w. ago Keir Starmer tells firms 'we have your back' as Trump's 'nuclear winter' tariffs hammer Wall St and the FTSE and the EU says it is ready to do a deal

The PM and Chancellor Rachel Reeves used a visit to a Jaguar Land Rover to fight to lessen the impact of the US import tax regime, as Wall Street became the latest market to nose dive.

Economics

2 w. ago BREAKING: Keir Starmer to give major speech today as Trump tariffs spark global bloodbath fears

Keir Starmer will give an address in the West Midlands this afternoon as panic grows over Donald Trump's tariffs, which experts fear will cause a global recession

Politics

2 w. ago Donald Trump's 'tariff war' will cause 'economic nuclear winter' claims billionaire supporter

Hedge fund manager Bill Ackman has warned that Trump's tariffs will 'destroy confidence' in the US for trading and investment.

Economics

2 w. ago JPMorgan chief Dimon warns trade war risks recession and higher prices

Donald Trump’s tariffs could cause long-lasting damage to US alliances, influential Wall Street banker tells shareholders

Events