London businesses optimistic for future economic growth, KPMG says August 18, 2025 The vast majority of private business owners in London have recorded rocketing optimism about their growth prospects, but concerns surrounding the impact of inflation remain, according to the latest KPMG private enterprise barometer survey. Following a challenging first financial half of the year, with businesses hit with tariff turmoil and ongoing geopolitical tensions, confidence in [...]
Ozempic sales surge as priced-out Mounjaro patients seek cheaper alternative August 18, 2025 Ozempic sales have risen five-fold after a 126 per cent rise in the price of the Mounjaro drug due to pressure from US President Donald Trump. Mounjaro, manufactured by U.S. pharma giant Eli Lilly, has been the UK’s most popular weight loss jab, prescribed to an estimated 90 per cent of the country’s patients. But around [...]
UK must change Bitcoin rules to catch up with Trump August 18, 2025 While Donald Trump pledges to make the US the “crypto capital of the world” the UK is slipping behind with outdated Bitcoin regulations.
Crunch summit: Starmer, Zelensky and European leaders to meet Trump in DC August 18, 2025 Sir Keir Starmer will join European leaders in presenting a united front with Volodymyr Zelensky at his crunch meeting at the White House with Donald Trump. The Prime Minister and six other political leaders will travel to Washington DC on Monday, with the aim of protecting Ukraine from having to submit to Russian land grabs [...]
Starmer speaks with Trump after president’s Ukraine ceasefire talks with Putin August 16, 2025 Sir Keir Starmer has spoken with Donald Trump after the US president’s summit with Vladimir Putin ended without a deal to stop the war in Ukraine. The Prime Minister joined a call with Trump and Ukraine’s Volodymyr Zelensky, as well as other European leaders, after the US-Russia ceasefire talks, Downing Street said. Trump did not [...]
UK’s largest bioethanol plant to shut after US trade deal August 15, 2025 The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]
What will the Trump-Putin meeting mean for the global market? August 15, 2025 US President Donald Trump is set to meet with Russian President Vladimir Putin this evening for their first face-to-face meeting in six years. The Ukraine war is set to top the meeting agenda, with the world watching to see if Trump can get his wish to pursue talks on a potential ceasefire and peace deal. [...]
Trump teases second Ukraine summit hours before Putin meeting August 15, 2025 European leaders including Sir Keir Starmer could attend a second meeting with Donald Trump, Vladimir Putin and Volodymyr Zelensky which could bring the war in Ukraine to an end, the US president has said. On the eve of the summit, Mr Trump said leaders from Europe, which could include members of the so-called “coalition of the willing” that [...]
UK economy expected to rebound August 11, 2025 The UK economy is expected to have returned to growth in June after two consecutive months of declines amid concerns about the impact President Donald Trump’s tariffs have had on the economy. Economists polled by Bloomberg expect the Office for National Statistics (ONS) to post UK growth of 0.2 per cent for June when the [...]
Nvidia and AMD to pay US 15 per cent cut on China chip sales August 11, 2025 US chipmakers Nvidia and AMD have agreed to hand over 15 per cent of their Chinese revenues to Washington in exchange for the green light to resume sales of high-powered AI chips to the country, in what industry analysts have called an “unprecedented” arrangement. The deal, first reported by the Financial Times, applies to Nvidia’s [...]