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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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Politics

  • US tariffs: UK being ‘supine’ and should ‘retaliate’, Lord Rose urges government

    April 2, 2025

    The UK has been “supine” to US President Donald Trump and should be “firm” and “find some way to retaliate”, Lord Rose has said. The businessman and former boss of M&S and Asda told Times Radio the government has been “supine” to President Trump and should be “firm” in threatening retaliatory tariffs.  He said it’s [...]

  • Parliament warns against extending Premiership Rugby Covid-19 loans

    April 2, 2025

    A top parliamentary committee has insisted Premiership Rugby clubs who are “financially unviable five years post-pandemic” should not have their Covid-19 loans extended. The damning report from the Public Accounts Committee – an influential group of backbench MPs who probe state spending – singled out the process in which £124m of loans funded by the [...]

  • Explainer: What could a UK-US trade deal look like?

    April 1, 2025

    US President Donald Trump is expected to impose new tariffs on imports from countries around the world this week, with the UK set to be affected by the global tax changes. No10 has confirmed the government is “actively preparing for all eventualities” ahead of Trump’s announcement on April 2, and that we “expect the UK [...]

  • US tariffs set to damage UK economy, Reeves tells cabinet ministers

    April 1, 2025

    Donald Trump’s tariffs are expected to “have an impact” on the UK’s economy, Chancellor Rachel Reeves has told cabinet ministers, after business secretary Jonathan Reynolds warned the country faces “a very serious and significant moment”. The US President is set to unveil sweeping – but as yet unknown – tariffs on goods from around the [...]

  • US tariffs: Businesses don’t want ‘knee jerk’ response, Starmer insists

    April 1, 2025

    Sir Keir Starmer has insisted UK businesses want a “calm and collected response” to Donald Trump’s tariffs, “not a knee-jerk” reaction. The Prime Minister sought to offer calm, as he suggested the UK could retaliate with tariffs on US goods in return, but insisted that “nobody wants a trade war”. Speaking to Sky News, Starmer [...]

  • Labour’s own policies undermine their ‘welfare to work’ agenda

    April 1, 2025

    The government has made many mistakes since coming to office, but the Chancellor deserves some credit for not breaking her fiscal rules at the first opportunity. The demands from various groups (and various wings of her own party) for more borrowing or exempting certain measures from the fiscal rules were ruthlessly ignored at the Spring [...]

  • Council pay: Westminster tops ‘town hall rich list’ with 73 staff on over £100k

    March 31, 2025

    Westminster City Council has topped a national ‘town hall rich list’ with 73 staff rewarded with over £100,000 last year. The central London borough council also had the most employees nationwide – at eight – receiving more than £200,000 in total remuneration, in 2023-24, according to the Taxpayers’ Alliance (TPA). While 13 more Westminster staff [...]

  • US tariffs: UK expects to be hit by Trump taxes this week, No10 admits

    March 31, 2025

    The UK expects to be hit by Donald Trump’s tariffs this week, No10 has said, amid frantic discussions to secure an exemption for UK businesses.  The government has been trying to negotiate to spare British exports from the taxes on imports into the US which are set to come into force later this week on [...]

  • Poor co-ordination was ‘open invitation’ for small boats, Starmer says

    March 31, 2025

    Poor co-ordination between policing and intelligence agencies was an “open invitation” to people smugglers transporting arrivals in small boats, Sir Keir Starmer has claimed. The Prime Minister has said his government “inherited this total fragmentation between our policing, our Border Force and our intelligence agencies” and warned there were “gaps in our defence, an open [...]

  • Starmer and Trump to continue trade talks ‘at pace’

    March 31, 2025

    Sir Keir Starmer and Donald Trump discussed “productive negotiations” to advance a UK-US trade deal and agreed they will “continue at pace” in a phone call on Sunday night, Downing Street has said. The UK is trying to negotiate an exemption from tariffs on imports into the US. Negotiations are said to be intense, with moves [...]

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