Government scrambles to swerve Trump pharma tariffs Politics A race against time is underway to shield the UK pharmaceutical sector from potentially swinging Trump tariffs on imported drugs. As it stands, there is an exemption for pharmaceuticals on the baseline 10 per cent tariffs for goods coming into the US. However, President Trump has warned that there will be tariffs on imported pharma [...]
Barclays: Consumers plan to ‘buy British’ amid escalating trade war Economics British consumers are planning to buy more UK-made products as two thirds of adults fear tumbling markets could lead to a deterioration in household finances, new research by Barclays has shown. President Donald Trump’s tariffs have dampened the UK’s economic outlook and put household finances under pressure. Consumers are now rapidly responding to the changes, [...]
The Capitalist: City of London terrorised by ducks Opinion Market shenanigans, Jamie Dimon's good manners guide and the Square Mile's aggressive ducks; catch up on City drama in The Capitalist.
Who’s afraid of the Liberal Democrats? March 25, 2025 With Labour sinking in the polls, there’s an increasing likelihood that whoever forms the next government will need the Liberal Democrats’ help to do it. So what kind of impact might the Lib Dems have on national politics? If a visit to their spring conference is anything to go by, very little, says Emma Revell [...]
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 [...]
Ukraine peacekeeping plans entering ‘operational phase’, Starmer says March 15, 2025 Planning for a peacekeeping force for Ukraine will move to an “operational phase”, the Prime Minister has said after a meeting of the “coalition of the willing” on Saturday. Sir Keir Starmer said military chiefs would meet in London on Thursday to “put strong and robust plans in place to swing in behind a peace [...]
PMQs: UK should impose ‘Tesla tariffs’ on US electric cars, Davey says February 12, 2025 The UK should impose “Tesla tariffs” on US electric cars produced by Elon Musk, after President Donald Trump announced higher taxes on steel imports, the Lib Dem leader has suggested. Sir Ed Davey called for the UK to retaliate – after Trump confirmed he would impose 25 per cent tariffs on all steel and aluminium [...]
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 [...]
Column: Water, water everywhere… October 23, 2024 Or why the latest twist in the sewage tale suggests a rebalancing of Labour’s priorities England’s water system made a splash again this week, hitting the headlines as the government announced their latest move to – as they put it – clean up the industry. An independent review, led by none other than the former [...]
The Lib Dems are blowing a golden opportunity September 19, 2024 The Lib Dems have never had a better chance to win support but they’re making two big mistakes: they think the Tories are their enemy and they think they’re doing well, says Andy Preston The Lib Dems have never had such a golden opportunity to win attention, support and move the dial in politics. But [...]