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tariff war

  • Inchcape shares slide amid Asia market ‘challenges’

    Markets

    Shares in Inchcape tumbled on Tuesday after the car distribution business warned of challenges in Asian markets. The London-listed firm was the worst performer on the FTSE 250 index amid a wider stock sell-off, with its shares sliding almost 9 per cent to 793p – though the stock remains up by 3 per cent since [...]

    European carmakers will be feeling the pinch from Donald Trump's tariff regime
  • Bank to business lending growth to halve amid global tensions

    Banking

    UK bank to businesses lending growth is forecast to halve this year as firms feel the pinch of challenging conditions amid global tensions. Net growth in the value of lending from the banking sector to businesses is tipped to slow to 3.5 per cent this year, standing at nearly half of the 6.9 per cent [...]

    Bank of England building exterior with iconic architecture, highlighting economic influence and financial stability in the UK
  • ‘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 [...]

  • 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 [...]

  • 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 [...]

  • Six of the top business books of 2025

    December 15, 2025

    Yes, dear reader, it’s that time of year again. What to buy for that special high-flying City exec in your life?  I’ve read nearly 50 books this year – most of them new, and most about business. Some were good, others have since found their way to Oxfam.  Here are a few of my favourites. [...]

  • Autumn Budget: JCB boss calls on Reeves not to do anything ‘daft’

    October 22, 2025

    The chief executive of JCB has called on Chancellor Rachel Reeves not to do anything “daft” in her Autumn Budget which would deter inward investment. Graeme Macdonald, who leads the Staffordshire-headquartered manufacturing giant under chairman Lord Anthony Bamford, said he’s “not optimistic” about the Budget next month, adding that Reeves is “definitely” going to raise [...]

  • Recession fears spike after Trump threatens new China tariffs

    October 11, 2025

    President Donald Trump has said he will slap an additional 100 per cent tax on Chinese imports by 1 November or sooner spiking recession fears after global markets tumbled. Taking to his Truth Social platform, Trump cited the export controls placed on rare earths by China as the reason for the fresh levy. The President [...]

  • Trump slaps 100 per cent tariff on imported drugs

    September 26, 2025

    US President Donald Trump announced a new round of tariffs on Thursday evening, with the pharmaceutical industry expected to be the hardest hit. Trump revealed that the US will impose a 100 per cent tariff on imported branded drugs, a 25 per cent tariff on all heavy-duty truck imports, a 50 per cent tariff on [...]

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