Trump slaps 25 per cent tariffs on all car imports March 27, 2025 President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom. These new levies are part of a package of anti-trade measures from 2 April, [...]
Spring Statement 2025: Rachel Reeves won’t rule out tax hikes at next Budget March 26, 2025 Rachel Reeves has declined to rule out hiking taxes at her next Budget, amid growing pushback from Labour MPs over welfare cuts in the wake of her Spring Statement. The Chancellor told reporters at a press conference that she was focused on growing the economy, despite speculation she will have to find more revenue to [...]
Law firm Jenner & Block added to Trump’s hit list March 26, 2025 US President Trump continues his war on Big Law as law firm Jenner & Block tagged onto his hit list following a new executive order
Once upon a time, Spring Statement day was fun March 25, 2025 Once upon a time, Spring Statement day was fun. Now, as an early-stage entrepreneur, it just fills me with dread, writes Michael Martins in today's Notebook.
Analysis: Why Reeves faces political pressure over the Spring Statement March 25, 2025 Over the next 24 hours, Rachel Reeves will be putting the finishing touches to Wednesday’s Spring Statement. It marks her second fiscal event as Chancellor, and – despite the promised manifesto commitment of “one major fiscal event a year” – the economic backdrop, and wider political pressure, makes it hard to see the contents of [...]
Trump’s war on DEI is ‘really alarming’ says Women In Football CEO March 25, 2025 Women In Football’s annual conference takes place this week at Wembley Stadium, although it is developments across the Atlantic that pose a grave threat to the reforms that the network has been fighting for. President Trump’s war on DEI has significantly shifted the conversation backwards, leading to big business rolling back initiatives and making it [...]
Reeves weighs tech tax overhaul to avert US tariffs March 23, 2025 The UK government is exploring potential adjustments to its digital services tax (DST) to avert further tariffs from the US, Rachel Reeves confirmed. The DST, which targets global tech heavyweights like Meta, Google and Amazon, has raised around £800m a year since its introduction in 2020. Yet, with President Donald Trump set to announce new [...]
Davey warns against scrapping tax on tech companies to ‘appease’ Trump March 23, 2025 Sir Ed Davey has warned against “appeasement” of Donald Trump amid reports Labour could change or ditch a tax on tech companies to avoid US tariffs. Chancellor Rachel Reeves did not deny the option was on the table after reports the UK is talking to the US about the digital services tax to seek a [...]
‘Nothing off the table’ over possible troop deployment for Kyiv, No10 says March 22, 2025 Western military planning to enforce a potential ceasefire in Ukraine is set to intensify in London next week as No10 said “nothing is off the table” over possible troop deployment for Kyiv. No10 said “thousands” of personnel would be required to support any operation whether by “sea, on land or in the air” as allies [...]
Elite US law firm bends to Trump’s demands March 21, 2025 US law firm Paul Weiss has folded to President Trump's executive order agreeing to supply $40m in free legal advice to the White House