6 h. 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

27 h. ago Swiss drugmaker Roche to invest $50bn in US in effort to dodge Trump tariffs

Company says it will create 12,000 jobs in manufacturing and R&D over next five yearsBusiness live – latest updatesThe Swiss drugmaker Roche has said it will put $50bn (£37bn) into manufacturing in the US over the next five years, joining the queue of companies unveiling investments to try to head off potentially punitive Donald Trump tariffs.Roche said on Tuesday the investment would create more than 12,000 jobs, including 6,500 in construction and 1,000 at new and expanded existing facilities in the US, including factories and distribution centres in Kentucky, New Jersey and California. Continue reading...

Economics

4 d. ago Starmer urges free trade in first call with Trump after UK hit by sweeping US tariffs

It comes as Rachel Reeves is due to hold talks with the White House next week amid efforts to strike a trade deal

Politics

2 w. ago World's second largest automaker makes dramatic move as it stops all US car imports

The extraordinary move by the brand is the latest and follows big decisions by the maker of Dodge and Ram cars on the back of Trump's car tariffs.

Events

2 w. ago The simple secret behind Donald Trump's dodgy tariffs 'formula' is revealed... as baffled economists pour scorn on US President's 'irrational' calculation of global trade levies

A giant chart brandished by the US President revealed how the EU was being hit by 20 per cent 'reciprocal tariffs' on all goods.

Politics

2 w. ago Forbes calls on UK ministers to strike trade deal with US after Trump tariffs

The Scottish Deputy First Minister said the UK Government should ‘recognise the potential opportunities of a trade agreement with the US’.

Politics

2 w. ago Britain avoids worst of Trump’s tariffs, but risks remain for Starmer

PM hopes to strike a US trade deal to further cut 10% levy

Politics

2 w. ago Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hoursCanada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico. Continue reading...

Politics

3 w. ago UK best placed country in world to strike deal to dodge Trump tariffs, business secretary claims: Live

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

Economics