Investment bosses back UK stocks in 2025 and fret over Trump December 31, 2024 The chief investment officers of some of the UK’s largest asset managers have said they expect UK stocks to outperform global equities in 2025. However, they’ve also warned that trade wars represent the biggest threat to investors in 2025, as US President Donald Trump’s election threatens to heighten global supply chain issues. According to data from [...]
Downing Street rejects Elon Musk’s claim firms are turning away from UK December 30, 2024 Downing Street insisted Sir Keir Starmer was running an “unashamedly” pro-growth government after Elon Musk lashed out at his policies. Tesla boss Mr Musk said “very few companies” would be willing to put money into the UK under “the current administration”. Mr Musk, a close ally of US President-elect Donald Trump, was responding to calls [...]
Jimmy Carter: King Charles and PM honour former US president after his death aged 100 December 30, 2024 Sir Keir Starmer has led a host of tributes to former US president Jimmy Carter, saying he “redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad”. The Prime Minister said Mr Carter, who died aged 100, will be remembered for the Camp David Accords between Israel and [...]
From Trump to COP: A look ahead to the political year in 2025 December 29, 2024 After a whirlwind of a political year in 2024, with elections in the US, UK and across much of the globe, 2025 is already shaping up to be another momentous 12 months. From the return of President Donald Trump to the White House in January, to the challenges ahead for Prime Minister Sir Keir Starmer, [...]
Badenoch urged to apologise or face ‘action’ from Farage over Reform row December 28, 2024 Nigel Farage has urged Kemi Badenoch to apologise or face “action” after she accused Reform UK of “fakery” over its membership numbers. The Reform UK leader will spend the weekend weighing up what action to take if the Conservative leader ignores his calls for an apology over the “crazy conspiracy theory”. Farage pushed back against [...]
Farage willing to work with Lord Mandelson to secure Trump trade deal December 25, 2024 Nigel Farage has said he would be willing to help incoming ambassador to the US Lord Mandelson negotiate with the Trump administration. Labour peer Lord Mandelson has indicated he believes the Reform UK leader, a friend of Mr Trump, could serve as a link between the British Government and the Republican president-elect. But Downing Street [...]
What’s in store for bitcoin in 2025 as Donald Trump returns to the White House? December 22, 2024 2024 was definitely the year of the bitcoin: The first bitcoin spot ETFs were approved in the US, the cryptocurrency reached an all-time high, and the fourth bitcoin halving occurred in April. The price of bitcoin now sits at over $84,000, up 142 per cent since the start of the year and 60 per cent [...]
Will Trump mean more American expats coming to the UK? December 22, 2024 As leaders sit on the edge of their seats, bracing for the impact of Trump’s tariffs, they may find an offset – albeit a slight one – in the form of American expats joining their economies, says Bill Sedat Frater Reflecting on the US elections, it’s hard to ignore the role tax policy played in [...]
US Senate passes government funding bill to avoid shutdown December 21, 2024 The US Senate has rushed through the final passage of a bipartisan plan that would temporarily fund federal operations and disaster aid. Facing a government shutdown deadline, the restructured bill dropped President-elect Donald Trump’s demands for a debt limit increase into the new year. House Speaker Mike Johnson had insisted Congress would “meet our obligations” [...]
A look back at the highs and lows of politics in 2024 December 20, 2024 With elections in the UK and US in 2024, a new government, and a fresh opposition leader, watchers of Westminster and elsewhere have had a busy year in politics. At City AM we’ve followed every twist and turn as Labour secured an election victory in July, Donald Trump pulled off a White House comeback and [...]