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Europe tariffs

  • FTSE 100 Live: Stocks take a dip amid tariff turmoil; Oil price soars

    Markets

    Good morning and welcome back to the City AM liveblog. The good old safety net of London’s blue-chip index strikes again. The week kicked off with more tariff drama after Saturday’s announcement from President Donald Trump of a sweeping 15 per cent levy across the US’ trading partners. As cool heads prevailed in government – [...]

    Donald Trump speaking at a press conference podium with an American flag backdrop, emphasizing political discourse
  • FTSE 100 Live: Stocks jittery after Trump tariffs; Job vacancies fall

    Markets

    Good morning and welcome back to the City AM liveblog. Tariffs are once more redefining market sentiment. Last Friday, a number of FTSE 100 stocks popped on the news President Donald Trump’s ‘Liberation Day’ levies had been struck down by the US Supreme Court. It marked a major boost to global markets after the top [...]

    Trump’s move is likely to touch off an extensive legal battle that will probably go to the Supreme Court and could disrupt financial markets. (Photo by Chip Somodevilla/Getty Images)
  • ‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

    Retail

    It’s been a rocky 12 months for drinks titan Diageo and Sir Dave Lewis will be looking to cure the firm’s long-running hangover when he serves up his future vision next week. Diageo’s stock has tumbled over 15 per cent in the last 12 months with a notable drop in November after operating profit growth [...]

    Diageo owns the Guinness brand
  • UK and Trump in new tariff discussions as businesses sound alarm

    February 22, 2026

    The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]

  • Nato and Europe must be ‘stronger,’ JP Morgan’s Dimon tells Davos

    January 21, 2026

    The world’s most influential banker has said the world is “simply not safe” and called for a stronger Nato and Europe in a chilling warning to the economic elite at Davos. Speaking at the World Economic Forum, JP Morgan’s top boss Jamie Dimon said the eyes of the world “woke up” after Russia’s invasion of [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the City AM liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

  • Bank bosses brace for interrogation in FTSE 100 lenders’ earnings season

    January 21, 2026

    Britain’s banking heavyweights are gearing up to report full-year earnings with top bosses set to face the crunch on the progress of their overhaul strategies.  Lloyds chief Charlie Nunn will be the first of the City’s top bankers to go under the microscope when the FTSE 100 giant releases its annual report on 29 January. [...]

  • FTSE 100 and Wall St sink as EU and Trump war of words heats up

    January 20, 2026

    The war of words between the Trump administration and Europe ramped up on Tuesday as world leaders headed for a showdown in Davos whilst global markets sunk into the red. Ursula Von der Leyen, the president of the European Commission, said the tariffs imposed on European nations due to their staunch defence of Greenland’s sovereignty [...]

  • FTSE 100 Live: Stocks fall as Trump ramps up pressure; Unemployment at four-year high

    January 20, 2026

    Good morning and welcome back to the City AM liveblog. Thousands more Brits exited the jobs market in November as the estimated number of payrolled employees fell by 33,000. New figures from the Office for National Statistics (ONS) showed the UK unemployment rate for people aged 16 years and hit 5.1 per cent in September [...]

  • Trump tariffs: EU ‘has tools at disposal’ to hit back amid Greenland spat

    January 19, 2026

    The European Union has pledged it has the “tools” to hit back at the US after President Trump’s latest trade offensive amid the deepening Greenland crisis. In a daily briefing the European Commission’s deputy chief spokesperson and trade lead, Olof Gill, said “should the threatened tariffs be imposed, the European Union has tools at its disposal [...]

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