12 h. ago As Trump's tariffs trigger market meltdown, leading bank warns there is now a 60 per cent chance of a global recession

As the market meltdown triggered by Donald Trump's trade war accelerated, the FTSE 100 suffered its sharpest drop since the outbreak of the pandemic.

Economics

18 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers meltdown

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

18 h. ago Keir Starmer to mount diplomatic blitz as Donald Trump's tariff war triggers mayhem

The global economy has been rocked by Donald Trump slapping tariffs on countries around the world - with the UK FTSE 100 suffering its worst day of trading since Covid

Politics

23 h. ago From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?

Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measuresBusiness live – latest updatesDonald Trump’s “liberation day” tariff war has so far wiped trillions off the market value of publicly traded companies, with the sweeping border taxes of up to 50% poised to wreak havoc on businesses across the world.US-based global brands from Nike to Apple have suffered some of the heaviest falls in share price and market value, as investors react to fears of price increases and a potential slowdown in consumer spending. Here, we examine some of the most exposed industries and brands. Continue reading...

Politics

50 h. ago Donald Trump tariffs trigger stock market meltdown as more than £24billion wiped off FTSE 100

Financial markets have been spooked by US President Donald Trump's announcement of a blanket 10% tariff on all imports to the States, and higher levies for many countries, and fears of a trade war and the risk of recession

Economics

51 h. ago Donald Trump declares trade war as expert reveals 'only' way UK

Keir Starmer warned an "economic impact" will be felt across the country following Donald Trump's tariff war, as an expert believes the UK remains "adrift" and "searching for relevance"

Politics

56 h. ago Four Republican and every Democratic senator vote to oppose Trump’s Canada tariffs in resolution

Lisa Murkowski, Mitch McConnell, Rand Paul and Susan Collins join every Democrat to oppose Trump’s tariff war

Politics

56 h. ago Four Republican and all Democratic senators vote to oppose Trump’s Canada tariffs

Lisa Murkowski, Mitch McConnell, Rand Paul and Susan Collins joined every Democrat to oppose Trump’s tariff war

Politics

57 h. ago Ukraine war briefing: No Trump tariff on Russia as his officials host Putin investment tsar

Kryvyi Rig hit while Kharkiv endures barrage of Shahed drones; Nato foreign ministers including Marc Rubio to meet in Brussels. What we know on day 1,135 Continue reading...

Politics

60 h. ago There is now only a slim chance that a global recession can be averted

Editorial: Decades of painstaking work to establish rules for international trade are being undone by the stroke of a presidential Sharpie. To restore order, something akin to a peace process will be needed

Politics

61 h. ago Donald Trump sparks global trade war as UK caught in 'Liberation Day' tariff blitz

US President Donald Trump set out plans for vengeance against nations he claimed had 'ripped off' US taxpayers, saying: 'Our country has been looted, pillaged, raped, plundered'

Events

61 h. ago Donald Trump declares global trade war as UK caught in 'Liberation Day' tariff blitz

US President Donald Trump set out plans for vengeance against nations he claimed had 'ripped off' US taxpayers, saying: 'Our country has been looted, pillaged, raped, plundered'

Events

3 d. ago Donald Trump's tariffs could cost at least 25,000 jobs in UK amid Liberation Day carnage

The UK car industry is among those poised for a big hit from President Trump's latest wave of trade tariffs with a report warning that UK car plans should brace for an "extreme" hit

Politics

4 d. 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

5 d. ago Trump triggers global financial meltdown: Shares plummet across the world over fears he will slap a 20% tariff on EVERYTHING imported into America and cause worldwide recession

Donald Trump has vowed to hit foes and allies alike with levies on so-called 'Liberation Day', April 2.

Economics

5 d. ago Trump triggers gobal financial meltdown: Shares plummet across the world over fears he will slap a 20% tariff on EVERYTHING imported into America and cause worldwide recession

Donald Trump has vowed to hit foes and allies alike with levies on so-called 'Liberation Day', April 2.

Economics

8 d. ago Canadian baseball fans rage against Donald Trump amid tariff war with the USA

In what has become commonplace among the United States' neighbors to the north, Canadian sports fans were once again heard booing the American National Anthem.

Politics

8 d. ago Starmer seeks deal with US to avoid trade war after Trump’s car tariff blow

The Prime Minister said he did not want a ‘trade war’ with the US but that all options remained on the table.

Economics

8 d. ago Flight bookings between Canada and US down 70% amid Trump tariff war

Airline capacity between two countries reduced through October 2025 as high-profile incidents of Ice arrests on riseAirline travel between Canada and the US is “collapsing” amid Donald Trump’s tariff war, with flight bookings between the two countries down by over 70%, newly released data suggests.According to data from the aviation analytics company OAG, airline capacity between Canada and the US has been reduced through October 2025, with the biggest cuts occurring between the months of July and August, which is considered peak travel season. Passenger bookings on Canada to US routes are currently down by over 70% compared to the same period last year. Continue reading...

Politics

1 week ago Spring Statement news: Trump's mounting tariff war threat to UK economy amid National Insurance rise stand

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Events