Bitcoin surges as Trump-fuelled rally continues November 11, 2024 The controversial cryptocurrency hit a record high of $82,313 earlier this morning.
What a second Trump term could mean for Tiktok and Big Tech November 11, 2024 By the eve of returning US President Donald Trump’s inauguration, Tiktok must find a foreign buyer to replace its Chinese owner or risk being banned from the US entirely, due to a law passed in April. But Bytedance, the app’s parent company, is pushing back. It has lodged a legal challenge calling the measure unconstitutional [...]
Europe’s banks brace for tougher competition under Trump 2.0 November 9, 2024 Since early 2010, European banking shares have fallen ten per cent, while US lenders have more than tripled.
Ben Wallace says ‘momentum has dropped back’ on Ukraine November 9, 2024 His comments come amid uncertainty over the future of US backing for Ukraine after Donald Trump’s election victory this week.
Donald Trump would ‘certainly’ do trade deal with UK, Boris Johnson says November 9, 2024 The former prime minister said the US president-elect is offering “economic hope” but that the Government would be “too pathetic” to try to secure a deal.
US elections: ‘Steep challenges’ for trade as UK exports could fall by £22bn November 8, 2024 Trade experts have warned Donald Trump’s proposed tariffs could pose “steep challenges” for the UK’s trade, with exports at risk of falling by £22bn. Ahead of his victory in the US election, Trump said he wants to increase tariffs on goods imported from around the world by 10 per cent, rising to 60 per cent [...]
Trump won’t end ‘double taxation’ of Americans overseas, accountancy firm warns November 8, 2024 Donald Trump’s presidency is unlikely to mean a tax break for Americans living in the UK despite his pledge to end the system of so-called ‘double taxation’, an accountancy firm has warned. The Republican President-elect said during his campaign that he would reform the taxation of millions of US citizens overseas if he were re-elected [...]
Starmer appoints Jonathan Powell as UK national security adviser November 8, 2024 Sir Keir Starmer has appointed Tony Blair’s former chief of staff Jonathan Powell as his national security adviser. The Cabinet Office confirmed the former Foreign Office diplomat and No10 chief operator would take on the key role advising the Prime Minister in an announcement today. It comes amid the re-election of Donald Trump as US [...]
US election: ‘You can’t love your country only when you win,’ Biden says November 7, 2024 The US electoral system “can be trusted, win or lose”, President Joe Biden said today following Donald Trump’s election win.
Labour must get Trump relationship right to avoid tariff chaos, Stride warns November 7, 2024 Shadow Chancellor Mel Stride has said that it is essential for the Labour government to develop a good relationship with Donald Trump in a bid to avoid the damaging impact of any potential trade tariffs. The incoming US president has said he may put tariffs of 10 to 20 per cent on countries such as [...]