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tariff

  • Firms warned to make ‘contingency plans’ amid £6bn tariff hit 

    January 19, 2026

    Businesses across the UK have been warned to draw up “contingency plans” in case President Trump follows through on imposing 10 per cent tariffs on imports from major European economies next month.  British Chambers of Commerce (BCC) director general Shevaun Haviland warned businesses to prepare for the worst as the impact of US tariffs on [...]

  • 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 [...]

  • Starmer calls for ‘calm’ as US tariff war flares up 

    January 19, 2026

    Sir Keir Starmer urged US and EU allies to engage in “calm discussion” in order to stave off a tariff war while re-iterating the UK’s commitment to upholding Greenland’s sovereignty.  President Trump stunned allies by threatening to impose additional 10 per cent tariffs on UK imports from next month due to opposition to his plans [...]

  • 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 [...]

  • Trump tells Iranian people: ‘Help is on its way’

    January 13, 2026

    President Trump has threatened Iran’s autocratic leaders over the killing of protestors while suggesting he was preparing to intervene with military action in the country,  In a post on Truth Social, Trump said the country’s authorities “will pay a big price” over the killing of protestors following unrest in the country. He added that he [...]

  • Triumph: Profit almost wiped out at iconic motorcycles maker

    January 5, 2026

    Profit at iconic motorcycles maker Triumph has almost been wiped out thanks to US President Donald Trump’s trade tariffs and the cost-of-living crisis. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has posted a pre-tax profit of £2.2m for the year to 30 June, 2025. That figure is down significantly from the pre-tax [...]

  • Trade wars turn demand for global tax advisers in £50bn market

    November 12, 2025

    The global tax advisory growth rate for 2025 is expected to nearly double last year’s rate, driven largely by the policies of the US President Trump’s administration, including trade wars and tariffs. According to a new report by research-led advisory firm Source Global Research, the market value for tax advisory services is forecasted to reach [...]

  • Apple and Amazon defy Wall Street gloom on iPhone and cloud sales

    October 31, 2025

    Tech behemoths Apple and Amazon have defied expectations with results that outshone Wall Street forecasts, rounding off a big week of earnings from the world’s most powerful firms. Both companies posted double-digit revenue growth and upbeat outlooks, calming investor nerves after a rocky few days for the wider tech sector. While Apple reported a surge [...]

  • 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 [...]

  • Starmer’s business adviser is ‘frontrunner’ to be US ambassador

    October 15, 2025

    Keir Starmer’s business adviser is a frontrunner to replace Peter Mandelson as the UK’s ambassador to the US, according to reports.  Varun Chandra, a former venture capital executive who has had to curry favour with business leaders and investors in a difficult year for the UK economy, is being considered for the important diplomatic role [...]

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