Tariff response: slash red tape and lure the non-doms back April 7, 2025 Shadow Business Secretary Andrew Griffith on the five steps the government should now take A few years before he died, Henry Kissinger described Trump as “one of those figures in history who appears from time to time to mark the end of an era and to force it to give up its old pretences”. It [...]
More than 30,000 migrants crossed Channel since Starmer took office April 5, 2025 More than 30,000 migrants have crossed the English Channel in small boats since Sir Keir Starmer became Prime Minister, according to the latest government figures. A total of 154 people made the crossing in four boats on Friday, according to the Home Office. This brings the migrants total for the year so far to 6,796, [...]
Scrapping non-doms could cost UK up to £111bn by 2035, ASI think tank claims April 5, 2025 Scrapping the non-doms tax status could cost the UK up to £111bn by 2035, the Adam Smith Institute (ASI) is warning. The UK could also lose some 44,000 jobs by 2030 if the government enacts its plans to abolish the scheme, the free-market group has suggested. These figures are based on just over half [11,050] [...]
Planning application for Cumbria coal mine dropped after legal setbacks April 5, 2025 The company behind a proposed development for the UK’s first coal mine in 30 years has withdrawn its planning application. The government confirmed on Friday that West Cumbria Mining (WCM) withdrew its application for the site near Whitehaven after years of legal and regulatory setbacks. Then-housing secretary Michael Gove first granted planning permission for the [...]
Santander: Ex-Treasury chief civil servant could be new bank chairman April 5, 2025 Former Treasury permanent secretary Sir Tom Scholar who was sacked by Liz Truss could become the new chairman of Santander UK, according to a report. Sir Tom, who helped devise the Covid-19 furlough job protection scheme, is the preferred candidate for chairmanship of Britain’s fifth-biggest high street bank, Sky News is reporting. He could be [...]
Global markets nose-dive as Trump’s tariff on UK products comes into effect April 5, 2025 Donald Trump’s 10 per cent tariff on UK products has officially come into force, with global stock markets plunging deeper into the red in response to the imposition of import taxes. Prime Minister Sir Keir Starmer is expected to spend the weekend speaking to foreign leaders about the tariffs, after calls with the prime ministers [...]
Number 10 slaps down David Lammy ‘protectionism’ comments as tariff shockwaves continue April 4, 2025 Downing Street has distanced itself from comments made by the foreign secretary, who told reporters on Friday that he regrets “the return of protectionism in the United States.” David Lammy said that Britain is “a nation that believes in open trade” and that these curbs on trade are “something we’ve not seen for nearly a [...]
Trump’s tariffs set to drive UK insurance coverage costs up April 4, 2025 After the US slapped several of the world's largest economies with tariffs, the insurance market in the UK prepares for increased costs.
Fifa president Infantino ‘cheering’ for Russia’s return to football April 3, 2025 Fifa president Gianni Infantino wants Russia to return to world football as part of a peace pact with Ukraine, saying it is “what we have to cheer for”. Russia have effectively been barred from Fifa and Uefa club and national team competitions at all levels since its invasion of Ukraine in 2022. The US is [...]
UK to consult on ‘retaliatory tariffs’ as Tories call for employment reforms to be scrapped April 3, 2025 The UK will consult businesses on “possible retaliatory action’ including on US products that could face tariffs, in response to Donald Trump’s sweeping global import taxes. Jonathan Reynolds made the announcement to MPs in the House of Commons, stating: “To enable the UK to have every option open to us in the future, I am [...]