Voters’ economic gloom worsens as tariff fears bite April 7, 2025 UK voters are increasingly downbeat about the economy as President Trump’s tariff announcements have further dampened Brits’ confidence, according to the latest City AM/Freshwater Strategy poll. The global economy is still reeling from the President’s Rose Garden speech, where Trump announced sweeping tariffs on countries around the world, with markets nosediving across Asia and Europe [...]
UK government unveils changes to electric vehicle rules April 7, 2025 Prime Minister Keir Starmer has launched new reforms to bolster Britain’s automotive industry and accelerate the transition to electric vehicles (EVs). This move reaffirms the 2030 phase-out date for new petrol and diesel car sales, while offering carmakers more flexibility to meet ambitious green targets. The changes come in response to US President Donald Trump’s [...]
Tariff response: slash red tape and lure the non-doms back April 7, 2025 Shadow Business Secretary Andrew Griffith on the five steps the government should now take A few years before he died, Henry Kissinger described Trump as “one of those figures in history who appears from time to time to mark the end of an era and to force it to give up its old pretences”. It [...]
Globalisation has come to an end, says minister April 6, 2025 Globalisation has “come to an end” in the wake of new tariffs imposed by the US, a Treasury minister has suggested. Chief Secretary to the Treasury Darren Jones told the BBC that Britain needs to be “strong and resilient” and emphasised the importance of investing in the domestic economy, as nations and businesses are grappling [...]
More than 30,000 migrants crossed Channel since Starmer took office April 5, 2025 More than 30,000 migrants have crossed the English Channel in small boats since Sir Keir Starmer became Prime Minister, according to the latest government figures. A total of 154 people made the crossing in four boats on Friday, according to the Home Office. This brings the migrants total for the year so far to 6,796, [...]
Jaguar Land Rover to ‘pause’ US shipments in wake of tariffs April 5, 2025 Jaguar Land Rover has said it will “pause” shipments to the US as it works to “address the new trading terms” of Donald Trump’s tariffs. A 25 per cent levy on all foreign cars imported into America came into force on Thursday, and a wider “baseline” 10 per cent tariff on goods imported from around [...]
Global markets nose-dive as Trump’s tariff on UK products comes into effect April 5, 2025 Donald Trump’s 10 per cent tariff on UK products has officially come into force, with global stock markets plunging deeper into the red in response to the imposition of import taxes. Prime Minister Sir Keir Starmer is expected to spend the weekend speaking to foreign leaders about the tariffs, after calls with the prime ministers [...]
Number 10 slaps down David Lammy ‘protectionism’ comments as tariff shockwaves continue April 4, 2025 Downing Street has distanced itself from comments made by the foreign secretary, who told reporters on Friday that he regrets “the return of protectionism in the United States.” David Lammy said that Britain is “a nation that believes in open trade” and that these curbs on trade are “something we’ve not seen for nearly a [...]
How will Trump’s tariffs impact the UK economy? April 3, 2025 The US president holds up a sandwich board in the Rose Garden. On it is a list of countries. Next to each country are two columns: one for “tariffs charged to the USA” and one for “USA Discounted Reciprocal Tariffs”. The leader of the free world is cooking up a storm. “Our country has been [...]
Fear over Labour plans to allow firms to extract cash from pension schemes April 3, 2025 The vast majority of pension scheme members are “afraid” of government plans that would allow firms to take cash from defined benefit (DB) schemes for investment. Prime Minister Keir Starmer and Chancellor Rachel Reeves signalled earlier this year that “trapped surplus funds” in DB pension schemes would be unleashed for firms to invest. But a [...]