US tariffs war could ‘trigger UK recession’ January 19, 2026 President Trump’s latest tariff package could plunge the UK economy into a recession, top economists have warned, upping the stakes for Keir Starmer as he responds to threats against Greenland. The US president warned leading European nations, including the UK, he would slap additional 10 per cent tariffs on goods imports if a deal for [...]
Rachel Reeves is acting like the mayor in Jaws – and small businesses are suffering January 19, 2026 The FTSE may be at an all-time high, but Reeves should not pretend all is calm when the waters are extremely choppy for small businesses, says Andrew Griffith Embattled ministers love good news to boast about on social media or in a TV studio, and this government’s most embattled minister, Rachel Reeves, is no exception. [...]
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 [...]
IMF: UK economy to lag behind growth of advanced economies January 19, 2026 The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers. The IMF has kept its UK growth figures for 2026 and 2027 [...]
FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war January 19, 2026 Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
Starmer slams Trump’s UK tariff threat over Greenland January 18, 2026 Keir Starmer has joined European leaders in condemning Donald Trump’s plan to impose sweeping tariffs on the UK and several Nato allies. The prime minister has warned the move risks damaging transatlantic trade and collective security. The US president said goods exported from the UK to the US would face a 10 per cent tariff [...]
Kemi Badenoch joins protesters calling for Government to stop China mega-embassy January 17, 2026 Conservative Party leader Kemi Badenoch called for the Government to stop China’s proposed central London “mega-embassy” when she spoke at a protest on Saturday. The Government is facing mounting calls to reject Beijing’s plans for the embassy at Royal Mint Court over security concerns. Hundreds of protesters gathered outside the site on Saturday afternoon, some [...]
Sack Streeting, cabinet ministers urge Starmer January 17, 2026 Sir Keir Starmer has faced calls from cabinet ministers to follow Kemi Badenoch’s playbook and sack health secretary Wes Streeting for disloyalty. Ministers are becoming increasingly frustrated about Streeting’s forthright public criticisms of the Labour party, with some privately accusing him of putting his leadership ambitions first and “attacking No 10”. One cabinet minister told [...]
FTSE 100 Live: Stocks fall as oil takes hit; YouTube, BBC strike deal January 16, 2026 Good morning and welcome back to the City AM liveblog. How big of a win was yesterday for Rachel Reeves? The economy grew 0.3 per cent in November – faster than expected – as Jaguar Land Rover roared back to life following a costly cyberattack that halted supply chains across the UK. But while this [...]
Robert Jenrick defects to Reform after sacking from ‘rotten’ Tories January 15, 2026 Robert Jenrick has announced his defection to Reform UK after Tory leader Kemi Badenoch sacked him for plotting to switch over “in secret”. Hours after Badenoch announced Jenrick’s suspension from the Conservative Party, the former shadow justice secretary appeared in a press conference alongside Nigel Farage promoting the transfer. In a press conference he arrived [...]