21 h. ago PM braces for Trump to drop the bomb: Starmer admits UK WON'T be spared tariffs as Chancellor warns of huge hit to stalling economy

Keir Starmer has acknowledged the 'likelihood' that Britain will face hugely damaging levies on exports to the US on the president's so-called 'Liberation Day'.

Events

33 h. ago Starmer admits UK will face Trump tariffs this week amid global recession fears: Live updates

Donald Trump will unveil sweeping tariffs on any country that ‘treats the US unfairly’ on Wednesday

Politics

48 h. ago Starmer admits UK will face Trump tariffs this week as US president sparks global recession fears: Live

Markets tumble across UK, Europe and Asia after Trump announced he is set to impose a barrage of high tariffs on imported goods from around the world

Politics

49 h. ago Markets tumble in UK, Europe and Asia as Trump tariffs stoke fears of global recession: Live

US president announces he is set to impose various high tariffs on imported goods from around the world to counter trade practices that his government deems unfair in escalating trade war

Economics

50 h. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likelyWall Street shrinks in response to price pressures, stoking fears of Trump tariffsSwiss bank UBS has cut its forecast for the US stock market’s gains this year.Having previously forecast the S&P 500 shares index would end the year at 6,600 points (which would have been a 12% gain in 2025), UBS have now cut their end-year target to 6,400 points.“After considering the effects of tariffs and slower growth data so far in 2025, we now expect 6% earnings per share growth, and we have accordingly reduced our year-end target for the index to 6,400 (from 6,600).But this also means that there is still meaningful upside for broad US equities by year-end, in our view.”The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take...

Economics

2 w. ago FTSE 100 Live 14 March: Gold price milestone, GDP setback as Berkeley urges rate cut clarity

Recession fears stalked the City today after official figures showed the UK economy went back into reverse in January.

Politics

2 w. ago FTSE 100 Live 14 March: Gold price record, GDP falls as Berkeley urges rate cut clarity

Recession fears stalked the City today after official figures showed the UK economy went back into reverse in January.

Politics

2 w. ago FTSE 100 Live 14 March: Recession fears mount after surprise GDP fall, Berkeley urges rate cut clarity

Recession fears stalked the City today after official figures showed the UK economy went back into reverse in January.

Politics

3 w. ago Will Starmer start a trade war with Trump? PM says he is 'disappointed' at tariffs as Europe hits back with its own levies on the US in growing global crisis

Taking PMQs in the Commons, Keir Starmer made clear his unhappiness that the US had pushed ahead with the blanket 25 per cent levy on steel and aluminium imports.

Events

3 w. ago Trump pushes ahead with tariffs after stock market has worst day of 2025 amid recession fears: Live updates

Trade war anxiety inspires Wall Street sell-off, with only slight rebound salvaging historically bad day

Economics

3 w. ago Trump pushes ahead with tariffs as stock market has ‘worst day of 2025’ amid recession fears: Live updates

Ontario places retaliatory tariffs on energy it sends to New York, Minnesota and Michigan

Economics

3 w. ago Trump pushes ahead with tariffs as stock market have ‘worst day of 2025’ amid recession fears: Live updates

Ontario puts in place retaliatory tariffs on energy that it sends to New York, Minnesota, and Michigan

Economics

3 w. ago Trump pushes ahead with tariffs as stock market plummets amid recession fears: Live updates

Ontario puts in place retaliatory tariffs on energy that it sends to New York, Minnesota, and Michigan

Economics