44 h. ago Trump condemns the world to a financial 'nuclear winter': FTSE plummets to lowest level in a year, cryptocurrency joins the plunge as defiant President insists world must take his 'medicine'

The FTSE 100 was again whacked today by the fallout from the president's astonishing move to hike import taxes on goods entering the US, hitting its lowest lowest level in a year.

Politics

5 d. ago Trump tariffs: How could Europe retaliate as trade war breaks out

The sweeping round of ‘Liberation Day’ tariffs was unveiled by Donald Trump in the White House on Wednesday - but how will the EU react?

Politics

5 d. ago Thousands of British jobs at risk from Trump's trade war... but EU is hit even harder as PM warns of 'economic impact' and furious Brussels vows to retaliate

The PM admitted pain is looming as he met business leaders in Downing Street to take stock of the US action.

Events

5 d. ago FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce

Stock markets have tumbled as shocked investors react to the “Liberation Day” tariffs unveiled by President Trump at the White House last night.

Events

6 d. ago British jobs at risk from Trump's trade war: PM warns of 'economic impact' from 'limited' 10% tariff on UK with cars, steel, pharma and fashion firms facing pain as stock markets slide

The PM admitted pain is looming as he met business leaders in Downing Street to take stock of the US action.

Economics

6 d. ago Trump hits UK with 10% 'reciprocal' tariffs as he unveils 'Liberation Day' onslaught including 25% on ALL foreign car imports

Donald Trump is expected to confirm that the UK will not escape the pain of levies he claims will restore 'fairness' in global trade.

Politics

6 d. ago Trump's trade war kicks off: US president unveils 'Liberation Day' tariffs including 25% on ALL foreign car imports amid fears UK faces being battered

Donald Trump is expected to confirm that the UK will not escape the pain of levies he claims will restore 'fairness' in global trade.

Politics

6 d. ago Donald Trump unveils global tariffs as he says 'Liberation Day' will 'make America wealthy again'

The UK is among the many nations expected to be hit with tariffs when exporting to the US after Donald Trump unveiled his 'Liberation Day' border taxes in the White House

Economics

6 d. ago Trump ‘Liberation Day’ live: President to unveil tariff plan from Rose Garden as world braces for its economic impact

All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving global markets fearing a trade war

Politics

6 d. ago Welsh public services face £65m black hole due to tax hike, Senedd hears

Mark Drakeford, the Welsh Finance Secretary, said Rachel Reeves is ‘wrong’ to use the Barnett formula to distribute funding for public services.

Economics

6 d. ago The British firms set to be hardest hit by Trump's sweeping tariffs TODAY

It's only a week since Rachel Reeves unveiled her Spring Statement but her plan to balance the nation's books looks set to blown out of the water.

Politics

6 d. ago Donald Trump unveils 'Liberation Day' tariffs plan as world braces itself for chaos

Orange Manbaby and president of the United States, Donald Trump has set the tone for his very own 'Liberation Day' with a celebratory post on his Truth Social platform

Politics

6 d. ago Trump liberation day live: President set to unveil secret tariff plan as world braces for its economic impact

All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving global markets fearing a trade war

Politics

6 d. ago Starmer appeals for 'calm' hours before Trump's 'Liberation Day' tariffs as he admits UK faces being hit

Keir Starmer said the government is being 'pragmatic' and 'preparing for all eventualities' with our 'feet on the ground' as he took the regular session of PMQs.

Politics

7 d. ago Tens of thousands of British jobs at risk as Trump unveils 'Liberation Day' tariffs TONIGHT: Fears UK will be flooded with cheap Chinese goods and Rachel Reeves forced to hike taxes

Keir Starmer and Rachel Reeves have failed to carve out an exemption from the US president's trade war despite weeks of intense negotiations.

Events

7 d. ago Trump’s tariffs put 25,000 UK automotive jobs at risk, think tank warns

The US president’s policy is set to be confirmed on Wednesday.

Events

7 d. ago Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

7 d. ago 'Baby boomers' facing a hike in car tax as changes made from today

VED rates rise from today and it's set to affect one generation in particular

Politics

7 d. ago Global cost of Trump trade war ‘could reach $1.4tn’; tariff fears hurt UK factories – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics

7 d. ago Gold at record high as markets brace for Trump tariffs ‘to affect every country’ – business live

Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffsTrump prepares to unveil reciprocal tariffs as markets brace amid trade war fearsTrump’s new tariffs could backfire if they are set too high, explains Mark Haefele, chief investment officer at UBS Global Wealth Management:“Wednesday’s reciprocal tariffs could push the effective tariff rate another 4 percentage points higher. Anything further than that could move tariffs beyond a revenue-raising ‘sweet spot,’ in our view.Globally, the risk of high tariffs disrupting trade and economic activity would potentially offset any US federal revenue gains that the Trump administration seeks to use to further domestic policies.”“It appears tomorrow there’ll be no country in the world exempt from the initial announcements”.I tihnk that our trading relatinship is a very strong, and fair and balanced one, so I don’t think there is the need to do this. Continue ...

Economics