Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’ December 1, 2024 Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]
City minister warned FCA ‘several times’ over name and shame plans November 29, 2024 The City minister said she warned the Financial Conduct Authority (FCA) “several times” that its controversial ‘name and shame’ rules could harm companies before the regulator moved to water down the plans. Following intense criticism from firms and ministers, the regulator confirmed on Thursday that it would soften plans to publicly name companies facing investigation [...]
Why the UK should follow Trump’s lead on tariffs November 29, 2024 Reliance on Chinese imports is a significant threat to UK manufacturing, implementing our own US-style tariffs could boost growth and create jobs, says Emma Parkinson The re-election of Donald Trump marks a seismic shift in global trade dynamics, particularly for heavy industries like steel. As Trump’s administration gears up to potentially impose substantial tariffs on [...]
The pound will remain resilient in a trade war November 24, 2024 Trump’s tariffs will harm the world economy but the UK will be one of the least affected developed countries, says Tomasz Wieladek With President Trump heading back to the White House, US trade policy is anticipated to change fundamentally. We expect the US will impose tariffs on its major trading partners and to some extent [...]
Trump taps Scott Bessent for Treasury, capping long drama over choice November 23, 2024 President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as US Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Wall Street has been closely watching who Trump would choose, especially given his plans to [...]
A MAGA playbook for business November 21, 2024 What did one of Britain’s top storytelling and speaker coaches learn from a Trump rally? As a storytelling and speaker coach, I am usually behind the stage in rehearsal rooms, hotel rooms, green rooms or board rooms, crafting, dissecting and honing speeches, refining messages, and coaching leaders on their delivery. On a hot southern Sunday [...]
More than 5,000 Woodford investors sue Hargreaves Lansdown November 17, 2024 Hargreaves Lansdown, the UK's biggest retail investment platform, is being sued by more than 5,000 investors who claim it kept recommending Neil Woodford’s equity fund when it ran into problems.
We need to regulate for growth, not just for risk November 15, 2024 In her Mansion House speech, the Chancellor did not shy away from the need to deliver reform to support financial services to innovate, grow and finance investment across Britain, says Tulip Siddiq Financial services are at the heart of our economy, employing 1.2m people – from London to Edinburgh, from Manchester to Belfast. The sector [...]
Trump Turnberry on its incredible festive packages November 14, 2024 Nic Oldham, is general manager at Trump Turnberry, the only resort in the UK to receive the Five Star Rating from Forbes Travel Guide, and one of only two hotels in Scotland this year to be rated Five Star in the guide. We chatted to him about the special festive packages on offer and what [...]
UK could negotiate exemption from Trump tariffs, former Senator says November 12, 2024 Many analysts have suggested that the threat of tariffs might be used as a negotiating technique.