Exclusive: Reeves poised to roll out ‘concierge service’ for investors October 16, 2025 The Treasury is preparing to launch its ‘concierge service’ to help international firms invest and expand in the UK as soon as this week, City AM can reveal, in a move ministers hope will attract as much as £10bn of foreign investment into the UK. The new service – also dubbed an ‘investment hub’ – [...]
Is Sadiq trying to gaslight Londoners about crime? October 16, 2025 The Mayor is desperate to convince Londoners that crime is falling, despite all the evidence to the contrary, writes James Ford London does not have a crime problem; it has a misinformation problem. That is the assertion of the capital’s Mayor, Sadiq Khan. Clearly wounded by President Trump’s recent claim that “crime in London is [...]
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 [...]
Astrazeneca vows to lower US medicine prices after pressure from Trump October 13, 2025 Astrazeneca has bowed to pressure from US president Donald Trump to lower the cost of its medicines for patients in America. The Cambridge-based pharma giant said it will provide direct-to-consumer sales to eligible patients with prescriptions for chronic diseases at a discount of up to 80 per cent off list prices, alongside participating in the [...]
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 [...]
Ministers planning drug pricing shake-up to stem pharma exodus October 8, 2025 Ministers are drawing up a radical overhaul of NHS spending rules in a bid to shore up the UK’s world-leading life sciences industry after a string of pharma giants cancelled major UK investment projects. In what would amount to one of the largest shake-ups of NHS drug purchasing rules in recent history, the Prime Minister [...]
EU tariffs leave UK steel industry facing ‘biggest threat ever’ October 7, 2025 The UK’s ailing steel sector is facing the “biggest crisis in its history”, industry chiefs have warned, after the European Union unveiled plans to double tariffs on all steel imports in a bid to revive its moribund steelmaking capacity. As part of efforts to kickstart a “reindustrialisation of Europe“, EU commissioners signed off a proposal [...]
Starmer calls for ‘agreement without delay’ on peace plan in Gaza October 4, 2025 Sir Keir Starmer has labelled Hamas’ partial acceptance of a peace plan put forward by US President Donald Trump as a “significant step forwards” and called for an “agreement without delay”. Hamas said it has accepted elements of the plan to end the nearly two-year war, including being willing to release the hostages and hand [...]
Tesla breaks sales record but European slump persists October 2, 2025 Tesla delivered nearly half a million vehicles in the third quarter, a record for the electric carmaker, even as it continued to lose ground in Europe to Chinese and European rivals. Elon Musk’s car giant exported 497,099 vehicles between July and September 2025, up 29 per cent on the previous quarter and seven per cent [...]