11 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

54 h. ago Life in Shanghai, China’s commercial capital, goes on but anti

Chinese companies are relieved Trump’s wider tariffs have been paused but on social media, posts are full of defianceOn Thursday morning in Shanghai, as shoppers filled the luxury malls and delivery drivers whizzed around the winding streets at breakneck speed, financiers breathed a cautious sigh of relief. Overnight, US President Donald Trump had reversed course, announcing a 90-day pause on his so-called “reciprocal tariffs” of up to 50% for dozens of countries. Although China got no such reprieve – instead, the levy on Chinese goods was increased to 145% – the temporary return of normal trade channels showed Chinese businesspeople that all was not lost.Trump’s announcement of punitive tariffs on countries across south-east Asia had risked closing off the routes that Chinese companies have been using since his first term in office to circumvent his levies. Continue reading...

Politics

67 h. ago New offering for A77 motorists as plans announced for new business venture at Sandyford Toll

A significant part of the site could be redeveloped into a fresh business proposition.

Transport

8 d. ago Stock markets plunge as China announces retaliatory 34% tariffs on US goods – business live

Global trade war escalate as Beijing hits back against Donald Trump with new tariffs on US goodsIMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slideGlobal markets in turmoil as Trump tariffs wipe $2.5tn off Wall StreetAnalysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economistsNew Civil Liberties Alliance, a conservative legal group, has filed what it says is the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the US president overstepped his authority. Reuters reports:The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to contro...

Economics

9 d. ago Household Support Fund 2025: when will councils announce DWP cost of living payment and application plans?

Find out when your local council will announce funding details and how to apply 💬

Economics

1 week ago Trump’s tariffs will ‘clearly have economic impact’ in UK – Starmer

Prime Minister Sir Keir Starmer gathered business chiefs in No 10 for talks after Donald Trump announced sweeping global tariffs.

Economics

1 week ago Trump tariff announcements ‘deeply regrettable’, NI Economy Minister says

Caoimhe Archibald said she had already engaged with representatives of the UK and Irish governments on the issue.

Politics

1 week ago Tense Sky News grilling as UK minister admits Donald Trump 'won't get own way' on everything

Business Secretary Jonathan Reynolds said Donald Trump's bombshell announcement of a 10% US tariff on all British imports are a 'disappointment' and 'a challenge'

Politics

1 week ago EU threatens countermeasures and Asian markets plunge after Trump tariff announcement – business live

Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US President Trump targets allies on what he dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessThe new US tariffs “will only create losers” with US consumers particularly hard hit, the German Automotive Industry Association (VDA), has said in a statement, calling on the EU “to act together and with the necessary force, while continuing to signal its willingness to negotiate.”The body, which represents the powerful German auto industry, said the tariffs markedthe United States’ departure from the rules-based global trade order – and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.This is not America first; this is America alone. Continue reading...

Economics

1 week ago Asian markets plunge as world reels from Trump tariff announcement – business live

US president has announced aggressive tariffs targeting US allies on what he has dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessUS futures have fallen sharply, with the Dow Jones dropping 2.4% at around 2345 GMT, the Nasdaq index plunging 4.2%, and the broader futures index for the S&P 500 falling 3.5%. AFP reports:Wall Street has largely suffered from Trump’s various trade announcements in recent weeks.“The silver lining for investors could be that this is only a starting point for negotiations with other countries and ultimately tariff rates will come down across the board,” Northlight Asset Management’s Chris Zaccarelli wrote in a note to clients. Continue reading...

Economics

1 week ago What tariffs has Donald Trump announced and what might they mean?

The US president set out sweeping trade levies hitting countries across the world

Politics

1 week ago Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

1 week ago Scotch Whisky Association ‘disappointed’ with Donald Trump’s tariff announcement

The SWA said it would continue to support efforts by the UK Government to reach a compromise agreement with Mr Trump’s administration.

Politics

1 week ago Trump announces tariffs with ‘liberation day’ attack on foreign countries

US President Donald Trump announced sweeping tariffs against countries around the world.

Politics

1 week ago Donald Trump: US trade tariffs on UK announcement time today, what are they

Trump’s new tariffs are certain to affect your wallet 💸

Politics

1 week ago Thousands of Ford Kuga hybrid drivers ‘left in limbo’ after fire risk warnings

Carmaker reportedly has yet to announce plan for repairs after telling motorists not to charge their carsThousands of drivers have reportedly been left in limbo after warnings that their car could catch fire due to a battery defect.Ford issued an urgent recall of its Kuga plug-in hybrid car in early March, warning drivers not to charge the battery because of a risk it might short-circuit while on the road. The problem could cause a loss of power or a fire, according to the recall notice. Four weeks later, the manufacturer has yet to announce a timescale for repairs and owners report that it is failing to respond to their requests for an update. Continue reading...

Events

1 week ago Keir Starmer makes huge announcement with 'tough new law' during key speech

The Prime Minister said the new laws will require businesses to carry out extra checks in a key change announced in his latest speech – and it will be put before Parliament later in the year

Politics

2 w. ago Sara Davies reveals secret struggle on Dragons' Den that led her to quit BBC show

The business mogul announced that she would not be part of the BBC show's next series earlier this month.

Politics

2 w. ago Business News: Travelodge and Next announce cash boost as Morrisons sales jump against backdrop of job cuts

Watch today’s business stories in under two minutes.

Economics

2 w. ago Tesla’s EU sales almost halve this year; Hyundai announces $21bn US investment to avoid tariffs – business live

Rolling coverage of the latest economic and financial newsShell chief executive Wael Sawan’s pay package rose by 8.5% last year, to £8.6m, attracting criticism from environmental campaigners.Sawan’s pay rose from £7.9m in 2023, Shell’s annual report shows this morning, due to increased bonus payments such as through its long-term incentive plan.“After a year of unchartered climate extremes and huge energy bills, which are set to spike again in many countries this year, Wael Sawan’s obscene pay packet will feel like a slap in the face for millions.“It’s maddening to know that Big Oil bosses like Sawan are raking it in, as they double down on the oil and gas that’s fuelling climate devastation, and continue to profit from an energy crisis that’s leaving so many of us poorer.” Continue reading...

Economics