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  • Protectionism is economic cowardice. Britain must not fall into Trump’s trap

    October 17, 2025

    Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.

  • US-China tensions heat up as Trump threatens to block cooking oil imports

    October 15, 2025

    Donald Trump has threatened to cut off all imports of cooking oil from China, in another escalation of the war of words over trade between the world’s two largest economies.  Trump said in a post on his Truth Social platform that the latest trade tussle with China over soybeans represents “an Economically Hostile Act”.  He [...]

  • Trump’s treasury secretary Scott Bessent lashes out at ‘weak’ China

    October 14, 2025

    Markets have wobbled amid attacks by Scott Bessent on China’s trade policy, after Beijing unveiled sweeping controls on rare earth materials and critical minerals.  The US treasury secretary told the Financial Times: “This is a sign of how weak their economy is, and they want to pull everybody else down with them.”  He said: “Maybe [...]

  • Whisper it: British manufacturing has been a quiet Brexit success story

    October 14, 2025

    It’s time Brexit Britain created a trade policy that focuses on its competitive advantages, says Daniel Dieppe Brexit was never meant to be an economic success. At least, according to the Treasury estimates, which predicted a year-long recession, a 500,000 increase in unemployment and a reduction in growth between three and six per cent. Yet [...]

  • Andrew Bailey: Stock markets could crash if debt levels spiral

    October 13, 2025

    Bank of England Governor Andrew Bailey has warned that stock markets could suffer a “disorderly adjustment” due to spiralling debt levels and other vulnerabilities.  Ahead of a seminal week in Washington DC where global financial leaders are set to discuss the future of multilateralism, Bailey said bullish markets and spiralling sovereign debt levels had left [...]

  • China fires back at Trump’s 100% tariff threat as markets jitter

    October 12, 2025

    Just a day after president Donald Trump sent global markets reeling with his promise of a fresh 100 per cent tariff on Chinese imports, Beijing has struck back, accusing the US of “double standards” and warning that it could introduce its own countermeasures. A spokesperson for China’s Commerce Ministry said Washington’s threat to punish Beijing [...]

  • Recession fears spike after Trump threatens new China tariffs

    October 11, 2025

    President Donald Trump has said he will slap an additional 100 per cent tax on Chinese imports by 1 November or sooner spiking recession fears after global markets tumbled. Taking to his Truth Social platform, Trump cited the export controls placed on rare earths by China as the reason for the fresh levy. The President [...]

  • Elegant Life can put the Fownes stable back on track

    October 10, 2025

    RESULTS did not go according to plan for the Caspar Fownes stable at Happy Valley in midweek, when the trainer left his favourite venue empty-handed, despite three places from half-a-dozen raiders. The four-time champion trainer will look to change his fortunes around with a strong raiding party of eight gallopers at Sha Tin, with the [...]

  • Sir Jim Ratcliffe: Act now or five million jobs will be lost

    October 9, 2025

    Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]

  • Musk’s ‘affordable’ Tesla model still packs a punchy price

    October 8, 2025

    Tesla has unveiled cheaper versions of its Model 3 and Model Y electric vehicles, but with starting prices still hovering near $40,000 (£29,820) investors and analysts say the cars fall short of chief executive Elon Musk’s promise of a truly mass-market EV. The new Model 3 Standard starts at $36,990, while the Model Y Standard [...]

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