US-UK trade announcement: “this isn’t a deal, it’s an amuse-bouche” May 9, 2025 The morning after the US-UK trade agreement was announced, experts are beginning to wrap their heads around what the deal entails, and reactions are trickling in. The overriding sense is that in the absence of any granular detail on what the deal means for several industries, there is still hope that the UK government can [...]
This is why the UK’s tech tax still riles Washington May 9, 2025 The UK and US have trumped a new trade framework aimed at unlocking growth between the two allies, but one key irritant remains notably unresolved: Britain’s tech tax or Digital Services Tax (DST). The two per cent levy, introduced in 2020 under Boris Johnson, continues to rankle American officials, particularly because it disproportionately affects the [...]
Bailey: Benefits of UK-US trade deal will depend on other agreements May 9, 2025 Bank of England Governor Andrew Bailey has heralded the trade deal struck between the UK and US as “good news”, but cautioned that the UK’s economic prospects will still depend on agreements the US reaches with other trading partners. Speaking at an event in Reykjavik, Bailey welcomed the partnership announced by Donald Trump and Keir [...]
Is the UK-US trade deal a win for Starmer? May 9, 2025 In what has been hailed by trade experts as “the biggest week for UK trade since Brexit,” the UK has struck the long-awaited trade deal with the US, just over a month after – so-called ‘Liberation Day’ – tariffs were announced. This is the US’ first bilateral deal since these tariffs were imposed. But it’s [...]
Why UK start-ups should act now to capitalise on Trump-era economics May 9, 2025 Despite short-term volatility from Trump-era economic policies, bold UK startups and venture-backed firms should capitalise on impending tax reforms and US-UK trade opportunities to gain a first-mover advantage in the resilient American market, says Tim Hames With more than 1,000 days left of his term, we are currently at something akin to “Peak Trump” in [...]
Analysis: What is in the US-UK trade deal and what does it mean? May 8, 2025 The US administration has offered the UK its first trade deal since President Trump turned global trade on its head last month. The UK government will see the deal as a win, at least symbolically, while Bank of England Governor Andrew Bailey hailed news of a trade deal as “excellent”. Chancellor Rachel Reeves said reducing [...]
US-UK deal is free trade in name only May 8, 2025 The newly announced UK-US trade agreement under Trump is a modest, tactical rollback of recent protectionist measures rather than a true free trade deal, aimed more at political optics than economic transformation, says Eliot Wilson Donald Trump advertised last week’s trade agreement between the United States and the United Kingdom as “full and comprehensive”, a [...]
Keir Starmer strikes ‘historic’ deal with US in bid to swerve tariffs May 8, 2025 Keir Starmer has unveiled a new deal between the US and the UK, making Britain America’s first major trading partner to partially swerve the looming threat of tariffs. US president Donald Trump last month unveiled sweeping tariffs on major economies across the world, including a 10 per cent tariff on goods imports from the UK [...]
Trump poised to announce US trade deal with UK May 8, 2025 President Trump will announce a US-UK trade deal today, according to a New York Times report which has since been backed up by Sky News. In a post on X, Sky News’ Sam Coates said that the claims are “substantive”, and that the announcement today would be “a ‘heads of terms’ agreement rather than the [...]
US immigration ignites MAGA-sized fears for British lawyers May 8, 2025 US immigration officers were never known for their friendliness. However, in the new Trump era, anxiety levels for visiting the US are at an all-time high