Report reveals ‘staggering’ costs of economic fragmentation January 23, 2025 The hit would largely come through lower trade, reduced capital flows and lost economic efficiencies.
The Capitalist: Davos, Prince Harry and the City’s unstoppable salad cult January 23, 2025 Dispatches from Davos, Prince Harry's settlement and the salad's unstoppable conquest on the City: catch up on the latest City gossip.
Rachel Reeves: UK won’t be Trump tariff target due to trade deficit January 22, 2025 Rachel Reeves has argued that the UK won’t be a target for Trump’s trade tariffs because we have a “trade deficit” with the US. The Chancellor argued President Donald Trump was “concerned about the trade surpluses” with various countries around the world, but stressed that was “not the case” with the UK. It comes after [...]
President Trump says he’s open to X owner Elon Musk buying Tiktok January 22, 2025 President Donald Trump said he was open to the idea of X-owner Elon Musk buying TikTok as well, as the app navigates attempts to ban it in the US. The social media platform with links to the Chinese government, which boasts over 170m American users, briefly went dark on Sunday after the Supreme Court upheld [...]
President Trump threatens to double tax rates for foreign firms January 22, 2025 Donald Trump has threatened to double tax rates for foreign nationals and companies in the US in what he said was a bid to hit back at “discriminatory” duties on American firms. The President set out a memo on his ‘America first’ trade policy on Monday which referred to an almost 100-year old element of [...]
UK entrepreneurs have mixed views on Trump agenda January 22, 2025 Two thirds of British entrepreneurs see Donald Trump’s second term in office as “good for business” as it could provide opportunities for expansion and growth, but fears linger of the impact of US trade policy. Helm, a group of 400 UK entrepreneurs with a combined revenue of £8bn, found that while 66 per cent of [...]
Trump launches $500bn AI investment round with big tech bosses January 22, 2025 Donald Trump announced a “monumental” round of investment in artificial intelligence infrastructure, backed by some of the biggest tech firms in the US. OpenAI’s Sam Altman and Oracle’s Larry Ellison, appeared with President Trump in the White House yesterday to unveil the Stargate Project. The company will start with an initial $100bn investment round to [...]
The future is free market populism January 22, 2025 Javier Milei, Pierre Poilievre and, of course, Donald Trump are at the vanguard of a new movement for free-market populism gaining support across the world, says Fred de Fossard The inauguration of President Trump for his second term is the latest development in the trend of a new type of free-market populism gathering momentum across [...]
How can UK businesses prepare for Trump? Remember how he thinks January 21, 2025 The best approach to dealing with Trump? Resist the hysteria and remember how the President thinks, writes Michael Martins.
Biden’s failure is a warning to Labour January 21, 2025 Rachel Reeves has said her economic proposals are inspired by Bidenomics, but even though America’s economy is prospering regular voters hated how Biden got them there – and that should worry Labour, says Will Cooling Yesterday brought to an end Joe Biden’s long goodbye from public life. A man who once convened private meetings with [...]