6 h. ago Rachel Reeves says EU more important to Britain in 'gaffe' that could harm her chances of securing a US trade deal to avoid Trump's punishing tariffs

Rachel Reeves has been criticised for saying trade with the EU is more important than with the US just ahead of meeting American counterpart Scott Bessent in a bid to secure a trade deal.

Economics

60 h. ago Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal

The chancellor is in Washington DC as pressure mounts over dire IMF predictions about the UK economy if Trump goes ahead with his tariffs

Economics

61 h. ago UK open to lowering tariffs on US goods to secure Donald Trump trade deal

Chancellor Rachel Reeves said Donald Trump is 'keen' to forge an agreement with the UK, which could ease the impact of his sweeping trade tariffs on British businesses

Economics

67 h. ago Rachel Reeves live: Economists fear more tax hikes in autumn Budget after UK borrowing soars

Rachel Reeves is preparing for crucial talks with her US counterpart as she pushes to secure a trade deal

Economics

2 d. ago UK borrowing surges, Rachel Reeves to "defend Britain" in US tariff talks while Elon Musk shifts Tesla focus

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Politics

2 d. ago UK government borrowing spikes as Rachel Reeves scrambles to strike US trade deal to dodge Trump tariffs and revive economy in Washington TODAY

Chancellor Rachel Reeves has vowed to 'defend Britain's interests' as she prepares for talks with American counterpart Scott Bessant during the three-day IMF summit.

Economics

3 d. ago Rachel Reeves US talks live: Chancellor under pressure to secure Trump trade deal

The chancellor is preparing for crucial Washington talks with Donald Trump's Treasury secretary

Politics

3 d. ago Rachel Reeves US talks live: Chancellor under pressure to secure Trump trade deal amid tax hike fears

The chancellor is preparing for crucial Washington talks with Donald Trump's Treasury secretary

Economics

3 d. ago UK economic growth forecast slashed as Trump’s tariffs hit Britain harder than Europe

The downgrade to Britain’s growth forecasts heightens the importance of Rachel Reeves securing a trade deal for the UK

Economics

3 d. ago Gloomy economic forecast piles pressure on Reeves to secure trade deal with Trump

IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal, as Kate Devlin reports

Economics

7 d. ago Rachel Reeves calls for Britain to forge closer ties with Beijing in show of force against Donald Trump after he slapped 245 per cent tariffs on Chinese imports

It would be 'very foolish' for Britain to disengage with China, Rachel Reeves has said as she attempts to draw a line in the sand with the US over their treatment of Beijing.

Politics

8 d. ago Trump warns ‘substantial’ tariffs will remain on imports as Reeves prepares for US talks

US president doubles down on trade policy as chancellor aims to secure trade deal for UK in Washington

Events

2 w. ago UK warned not to waste trade concessions to secure Trump deal as hopes of avoiding tariffs fade

Trade economist Simon Evenett told The Independent that the Trump administration seems ‘very reluctant to go below 10 per cent’ on tariffs

Events

2 w. ago GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s economy. The chancellor’s tax-raising autumn budget had sapped business investment, spooked the financial markets and put the jobs market at risk.The latest official figures showing stronger-than-expected economic growth of 0.5% in February will therefore come as a boost for the embattled chancellor, in a sign that the economy was in better health than her critics claimed. Continue reading...

Politics

3 w. ago Sadiq Khan assures Londoners that Trump tariffs won't hit economy hard as stock markets plunge

The Mayor of London ‘fully’ supports the Prime Minister's efforts to secure a trade deal rather than slapping retaliatory measures on the United States

Economics

3 w. ago UK could retaliate to Trump’s tariffs if no US trade deal is secured, business secretary says

The government has drawn up a 417-page list of products that could be slapped with import taxes in retaliation against Donald Trump’s tariffs on British goods

Economics

3 w. ago Britain could retaliate to Trump’s tariffs if no US trade deal is secured, business secretary says

Jonathan Reynolds said ministers were drawing up a list of US products they could target in any fight back

Economics

3 w. ago Starmer braced for Trump tariffs as UK seeks better outcome than EU

British prime minister still hopes to secure a trade deal with the US president

Politics

3 w. ago UK politics latest: FTSE tumbles over fears Trump will impose crippling tariffs on Britain this week

The UK is hoping to avoid Trump’s sweeping tariffs by securing a US trade deal before Wednesday

Politics

3 w. ago Who is running Britain’s economy – Rachel Reeves or Donald Trump?

The chancellor’s careful calculations for her spring statement are likely to be blown out of the water by a looming US trade war• From more tax to rewriting budget rules: six alternative ways Reeves could raise moneyAs Rachel Reeves powered through her spring statement on Wednesday, telling the country she was “restoring stability to the public finances” few in the House of Commons chamber seemed to know what to make of it all.Reeves’s message did not seem to resonate with the underlying mood of uncertainty and anxiety at home and abroad. Many Labour MP nodded loyally along with her, trying to impress the whips. Others on the government benches looked grave. Growth forecasts for this year had been halved. Money would have to be raised to meet the chancellor’s own fiscal rules, and the poorest would be the ones bearing the brunt. Continue reading...

Politics