Brexit, Trump tariffs and China set to weigh on UK trade January 13, 2025 UK trade will only grow by 0.7 per cent annually between 2023 and 2033, according to new projections from Boston Consulting Group (BCG).
Rachel Reeves to raise Ukraine and Hong Kong human rights on China trip January 11, 2025 Rachel Reeves is expected to raise Russia’s war in Ukraine and issues of human rights in Hong Kong during her trip to China. The Chancellor is visiting Beijing for the first UK-China economic and financial dialogue since 2019, with Bank of England Governor Andrew Bailey and top financial services figures. Ministers are insisting the trip [...]
‘Trump is right’: Lammy says defence spending must rise January 9, 2025 With Russia on the march and the end of post-Cold War peace, David Lammy has argued that Europe’s defence spending must rise. The foreign secretary said for the UK to be “taken seriously… we must put our money where our mouth is” in his first major speech of 2025. Lammy told an audience of diplomats [...]
Kemi Badenoch not planning to announce big policies for two years January 9, 2025 Kemi Badenoch is reportedly not planning to announce big policies for the next two years as she plans to focus on rebuilding voters’ trust. The Conservative leader is said to have told her shadow cabinet on Tuesday that she has a “three-year plan” based on transforming her party’s fortunes following the July election defeat, according [...]
Starmer: Funding rules may be changed amid Musk’s interest in Farage’s Reform January 8, 2025 The government will look at potential reforms to political party funding, Sir Keir Starmer has said, as0 the Liberal Democrats raised the “spectre” of Elon Musk’s possible donation to Reform UK. Leader Sir Ed Davey asked the Prime Minister to change the rules around party funding amid the US businessman’s continued interest in British politics [...]
Meta oversight co-chair: ‘Huge problems’ with Zuckerberg changes January 8, 2025 The co-chair of Meta’s oversight board has said there are “huge problems” with some of the changes Mark Zuckerberg has announced to the social media platforms’ content moderation, adding that members of the board are “not on board” with many of the reforms. Helle Thorning-Schmidt, who, as well as her role with Meta’s independent oversight [...]
Keir Starmer less popular among UK voters than Donald Trump January 7, 2025 Keir Starmer is less popular among UK voters than Donald Trump, according to new polling. The first of a new monthly City AM/Freshwater Strategy poll found the Prime Minister had the lowest approval of all figures tested, with a majority of voters having an unfavourable view. Starmer has the lowest net approval rating of -36 [...]
Nick Clegg replaced at Meta by Republican pick before Trump re-enters White House January 3, 2025 Former UK deputy prime minister Sir Nick Clegg has quit as Meta’s president of global affairs, being replaced by a key Republican voice, Joel Kaplan. The former leader of the Liberal Democrats announced he was leaving on LinkedIn and Facebook, saying that his tenure at the tech giant has been an “adventure of a lifetime”. [...]
Sport in 2025: A rallying cry to London, Mayor Khan and Londoners January 2, 2025 For at least the past five years it has felt as if London was disappearing off the global sporting stage. The capital may boast the Home of Cricket, 17 professional football clubs and five stadiums with a capacity of over 50,000 but huge sporting events have sought refuge in the likes of Saudi Arabia, the [...]
FTSE 100 climbs into the green on the back of weaker pound January 2, 2025 The shaky start comes amid widespread uncertainty about the path for the global economy in the new year.