2 w. ago FTSE falls, tariffs rise: How the UK is responding to a global economic shock...The Standard Podcast

The FTSE 100 plunged to its lowest level in a year as markets reacted to sweeping new US tariffs, including a 25% charge on imported vehicles.

Economics

2 w. ago Leading the charge: how a drive for electric vehicles is cleaning up Nepal

With air pollution causing a fifth of deaths in Nepal, growing EV use could add nearly three years to Kathmandu residents’ livesIn a rundown hangar in the heart of Kathmandu, the remains of a dozen electric trolley buses stand abandoned and corroding. Caked in dust and bird-droppings and lined with rubbish, they are a reminder of a bold experiment, launched 50 years ago, to electrify the city’s public transport system. Down the side of one is written, “Keep me alive”.Today, that plea is being heard. More than 70% of four-wheeled passenger vehicles – largely cars and minibuses – imported into Nepal last year were electric, one of the highest rates in the world. The figure reflects a remarkable growth in the use of electric vehicles (EVs), which saw the country import more than 13,000 between July 2023 and 2024, up from about 250 in 2020-21. Continue reading...

Politics

2 w. ago Trump insists Starmer ‘very happy’ with tariffs as UK prepares for retaliation

Treasury minister says UK disappointed with decision to impose tariffs when asked if Trump was right to say Britain is pleased with its treatment

Politics

2 w. 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

2 w. ago Donald Trump's tariffs could cost at least 25,000 jobs in UK amid Liberation Day carnage

The UK car industry is among those poised for a big hit from President Trump's latest wave of trade tariffs with a report warning that UK car plans should brace for an "extreme" hit

Politics

3 w. ago Trump says he ‘couldn’t care less’ if car prices go up, but his base may be hardest hit

Low-cost vehicles are largely only affordable because they are manufactured outside the U.S.

Politics

3 w. ago UK politics live: Business secretary calls for ‘cool heads’ after Reeves vows not to ‘escalate US trade wars’

A 25 per cent tariff on vehicles imported to the US will come into effect on 2 April, the US president announced

Politics

3 w. ago Spring statement latest: Reeves won’t ‘escalate trade wars’ as Trump’s latest tariffs could hit UK economy

A 25 per cent tariff on vehicles imported to the US will come into effect on 2 April, the US president announced

Events

3 w. ago UK not planning retaliatory tariffs on US ‘at the moment’, says Chancellor

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

3 w. ago UK not planning retaliatory tariffs on US ‘at the moment’, Rachel Reeves says

President Donald Trump has announced a 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

3 w. ago UK having ‘extensive’ talks with US on car import tariffs, Rachel Reeves says

A 25% tariff on vehicles imported to the US will come into effect on April 2.

Politics

3 w. ago Donald Trump imposes 25% tariffs on vehicle imports in 'concerning' blow to UK car trade

Donald Trump's move is likely to put a financial squeeze on automakers which depend on global supply chains - so much so British jobs are "clearly now at real risk"

Politics

3 w. ago UK car industry hits out at Trump’s ‘disappointing’ tariffs on imported vehicles

The Society of Motor Manufacturers and Traders, which represents the British car industry, urged the US and UK governments to strike a deal.

Politics

3 w. ago Trump announces 25% tariffs on vehicle imports in fresh blow to Reeves

The US president announced that cars and light trucks imported into the US would be subject to the levy in the latest escalation of the Trump administration’s far-reaching trade war

Politics