26 h. ago The Swiss lived in splendid isolation for years. Trump’s tariffs have shattered that complacency | Joseph de Weck

The shockwaves sent by the US president could finally push Switzerland closer to the EUGrowing up in Zurich often felt like being removed from the world. It shouldn’t be that way: after all, Switzerland is at the heart of Europe. Riding on the cosy Zurich trams, one hears all the world’s languages; and the airport offers more direct intercontinental flights than Berlin. And yet, coming of age in Switzerland is like sitting in an aquarium looking at the world through a thick bulletproof window.That glass was shattered last week when Donald Trump announced 39% tariffs on Swiss exports. The US is the most important destination for Swiss products: 18.6% of all its exports go there. If Trump maintains the tariffs, sales to the US “will be effectively annihilated”, said Switzerland’s industry lobbying group. The rightwing Swiss business minister, Guy Parmelin, announced a furlough programme to shield the economy from “mass layoffs”. The tabloid newspaper Blick captured the mood with a sta...

Politics

36 h. ago David Beckham speaks 'as a father' in 'family' announcement after latest Brooklyn snub

David Beckham shared an update on 'family' after more speculation of a Brooklyn Beckham rift as the former footballer made a business announcement on social media

Politics

43 h. ago Scottish social value firm announces growth and new appointments

Increased demand for social value sparks rise in interest

Politics

8 d. ago Tesla’s UK sales fall almost 60% in July; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsNewsflash: The UK’s financial regulator has decided to fine former star fund manager Neil Woodford and his investment management company nearly £46m, over the collapse of his popular equity fund.The Financial Conduct Authority says it has decided to fine Woodford £5,888,800 and ban him from holding senior manager roles and managing funds for retail investors.‘Being a leader in financial services comes with responsibilities as well as profile. Mr Woodford simply doesn’t accept he had any role in managing the liquidity of the fund.The very minimum investors should expect is those managing their money make sensible decisions and take their senior role seriously. Neither Neil Woodford nor Woodford Investment Management did so, putting at risk the money people had entrusted them with.’ Continue reading...

Economics

8 d. ago BP launches fresh costs review; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsOvernight, UK luxury-car maker Jaguar Land Rover has named a new CEO – winning a blast from Donald Trump.JLR named P B Balaji, the finance boss of parent company Tata Motors, as its new chief executive, increasing the Indian owner’s influence over the company.The CEO just resigned in disgrace, and the company is in absolute turmoil. Who wants to buy a Jaguar after looking at that disgraceful ad.Shouldn’t they have learned a lesson from Bud Lite, which went Woke and essentially destroyed, in a short campaign, the Company. Continue reading...

Economics

9 d. ago Martha Stewart announces latest business venture a day after her 84th birthday

The entrepreneur is launching a brand new line of products in September

Events

3 w. ago Scottish firm John Clark Motor Group welcomes electric vehicle leaders BYD to its expanding franchise network

John Clark Motor Group, the trusted family-owned and family-run automotive business, is proud to announce the addition of BYD (Build Your Dreams), a global leader in electric vehicles, to its growing portfolio of franchises.

Politics

3 w. ago Business news: Jaguar Land Rover announces job losses, Barclays cuts mortgage rates as low as 3.75%

Stock markets updates, business and money news from Friday

Economics

3 w. ago Business news live: Jaguar Land Rover announces job losses, Barclays cuts mortgage rates as low as 3.75%

Latest stock markets updates, business and money news on Friday

Economics

3 w. ago Keir Starmer says deal with Germany on tackling Channel boat gangs is 'clear sign we mean business' as he hosts Chancellor Merz (but crackdown was already announced last year)

Keir Starmer said the countries were sending a 'clear sign we mean business' as he and Friedrich Merz signed the first bilateral treaty since the Second World War.

Economics