President Trump threatens to double tax rates for foreign firms January 22, 2025 Donald Trump has threatened to double tax rates for foreign nationals and companies in the US in what he said was a bid to hit back at “discriminatory” duties on American firms. The President set out a memo on his ‘America first’ trade policy on Monday which referred to an almost 100-year old element of [...]
UK entrepreneurs have mixed views on Trump agenda January 22, 2025 Two thirds of British entrepreneurs see Donald Trump’s second term in office as “good for business” as it could provide opportunities for expansion and growth, but fears linger of the impact of US trade policy. Helm, a group of 400 UK entrepreneurs with a combined revenue of £8bn, found that while 66 per cent of [...]
Trump launches $500bn AI investment round with big tech bosses January 22, 2025 Donald Trump announced a “monumental” round of investment in artificial intelligence infrastructure, backed by some of the biggest tech firms in the US. OpenAI’s Sam Altman and Oracle’s Larry Ellison, appeared with President Trump in the White House yesterday to unveil the Stargate Project. The company will start with an initial $100bn investment round to [...]
How can UK businesses prepare for Trump? Remember how he thinks January 21, 2025 The best approach to dealing with Trump? Resist the hysteria and remember how the President thinks, writes Michael Martins.
Biden’s failure is a warning to Labour January 21, 2025 Rachel Reeves has said her economic proposals are inspired by Bidenomics, but even though America’s economy is prospering regular voters hated how Biden got them there – and that should worry Labour, says Will Cooling Yesterday brought to an end Joe Biden’s long goodbye from public life. A man who once convened private meetings with [...]
‘America first’: Donald Trump sworn in as 47th President January 20, 2025 Donald Trump has been sworn into office as the 47th president of the United States, with a claim that “America’s decline is over.” The Republican politician took the oath of office in the rotunda of the US Capitol building in Washington D.C. on Monday after below freezing temperatures saw the ceremony moved indoors. President Trump [...]
Brexit, Trump tariffs and China set to weigh on UK trade January 13, 2025 UK trade will only grow by 0.7 per cent annually between 2023 and 2033, according to new projections from Boston Consulting Group (BCG).