20 h. ago Nissan warns of £4bn loss as costs rise and Trump tariffs loom

Japanese carmaker blames worsening outlook on ‘competitive environment and deteriorating sales’Nissan says it expects to lose as much as £4bn this year because a turnaround plan will be more costly than expected.The expected loss at Japan’s third-largest carmaker is almost 10 times the figure it had previously guided. Continue reading...

Economics

41 h. ago Keir Starmer hit by backlash after refusal to apologise to MP Rosie Duffield over transphobia row

The gender-critical MP resigned from Labour last September after being widely accused within her own ranks of transphobia

Events

9 d. ago Apple airlifted iPhones worth $2bn from India in March as Trump tariffs loomed

Tech giant stepped up production and chartered cargo flights with at least six jets to ensure sufficient inventoryApple’s main Indian suppliers Foxconn and Tata shipped nearly $2bn worth of iPhones to the United States in March, an all-time high, as the US company airlifted devices to bypass Donald Trump’s impending tariffs, customs data shows.The smartphone maker stepped up production in India and chartered cargo flights to ferry 600 tons of iPhones to the United States to ensure sufficient inventory in one of its biggest markets based on concern that the US president’s tariffs would push up costs. At least six cargo jets were used in the operation, which one source described as a way to “beat the tariffs”. Continue reading...

Politics

1 week ago Brits warned of looming pain as UK now among WORST hit by Trump's tariffs after he shelved punitive levies and handed China exemptions for iPhones

Downing Street signalled relief when the US president's 'Liberation Day' assault was originally mounted.

Events

2 w. ago UK economy grows faster than expected in February as Trump tariff threat looms

The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.

Politics

2 w. ago Trump tariffs live updates: Asian markets tumble as 104% China tariffs loom; president teases tax on pharma imports

Beijing says it will ‘fight to the end’ as president demands China drop its retaliatory countermeasures

Politics

2 w. ago Vladimir Putin 'enjoying every second of Donald Trump's tariffs fiasco' as WW3 looms

Vladimir Putin is waiting to take advantage of any weakness in the global order before moving onto his next target as he aims to expand Russian influence on the world stage

Politics

3 w. ago Starmer promises ‘calm, pragmatic approach’ as Trump tariffs loom

British businesses are braced for the impact of the US president’s tariffs, which have the potential to derail the UK Government’s economic plans.

Politics

3 w. ago Keir Starmer 'won't hit back' at looming Trump tariffs as he vows a 'calm response'

Keir Starmer is gathering Cabinet on the eve of the Donald Trump's so-called 'Liberation Day' - when he has vowed to impose huge levies on imports from around the world.

Politics

3 w. ago Bank of Japan survey says big manufacturers gloomier as Trump tariffs loom

A survey by Japan’s central bank has found a decline in business sentiment among large manufacturers for the first time in a year, partly because of worries about U.S. President Donald Trump’s tariffs

Economics

3 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

3 w. ago Keir Starmer and UK to be hit by Donald Trump's tariffs as Downing Street gives major update

The UK is expecting to be hit by Donald Trump's tariffs this week, Downing Street has said, despite efforts to get an exemption before so-called 'Liberation Day'

Politics

3 w. 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

3 w. ago Trump’s tariff ‘Liberation Day’ looms, but voters want him to focus on lowering prices, poll says

President equally divides country overall but most disapprove of his handling of economy

Politics

3 w. ago Keir Starmer urged to get tough with Trump as US tariff threat looms

PM told to be as robust as Canada with the US president as the UK stages last-ditch talks to strike trade dealKeir Starmer should fight back strongly against Donald Trump if he imposes punitive tariffs on British exports, senior UK and EU diplomats said on Saturday night, amid heightened fears that the US president could trigger a global trade war with devastating effects on the UK economy.British government officials in London and Washington are working frantically this weekend to try to persuade Trump not to slap duties on more key UK industries on what he is calling “liberation day” on Wednesday. The US president has already announced plans for 25% levies on imports of cars, steel and aluminium to the US. Continue reading...

Politics

3 w. ago Britain's hopes of a deal to avoid US tariffs are fading as President Trump's 'liberation day' looms

The UK has been working hard to secure an exemption from any tariffs, but Government sources are losing faith that an agreement will be reached before April 2 - when the levies will be imposed.

Politics

3 w. ago ‘Down to the wire’: inside the UK’s crunch talks with the US as it bids to avoid Trump tariffs

Ministers seek carve-out from import taxes before 2 April deadline – but critics believe they have offered too many concessionsMinisters and senior officials at every level of government are holding talks with US counterparts this weekend in a last-ditch effort to secure a carve-out from swingeing import taxes.Government sources said ministers were raising Donald Trump’s looming tariffs as the “No 1” issue in every conversation with the US. Continue reading...

Politics

3 w. ago Keir Starmer warns Donald Trump that Britain could yet hit back against US tariffs as PM says 'all options are on the table' with Labour continuing frantic talks to escape trade levies

The Prime Minister said the UK reserves the right to respond to American trade levies, after the US President slapped a 25 per cent import tax on cars.

Events

4 w. ago Starmer seeks deal with Trump to avoid trade war as ‘very concerning’ tariffs loom

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

Economics