UK-US trade deal could be agreed within weeks, as MPs call for vote April 17, 2025 A trade deal between the UK and the US could reportedly be agreed within weeks, as senior MPs have called for Parliament to have a vote on any such agreement. According to a report in the Telegraph, White House officials believe a deal with the UK could be finalised with President Donald Trump’s administration in [...]
A game of chlorinated chicken: What is the price of a US-UK trade deal? April 17, 2025 An economic deal between the UK and the US could be just weeks away. The Trump administration has made sweeping promises of a “90 deals in 90 days” package of bespoke arrangements. While deals with India, Japan and South Korea are expected to be done first, the UK is understood to be not far behind [...]
Can Mario rescue Nintendo from Switch 2 pricing backlash? April 17, 2025 Forget Princess Peach, it's Nintendo that might need rescuing as it battles tariffs, inflation and its Switch 2 pricing backlash.
Weak dollar restricting market rebound, say Barclays analysts April 16, 2025 A weakened dollar may prohibit the full recovery of global markets, analysts have warned, as investors continue to suffer the fallout from the Trump tariff mayhem. The DXY index, which tracks the dollar’s value against a basket of currencies, sank to its lowest in three years during Monday trading. This came after markets plunged following [...]
Investors set to sell off US stocks at record high levels April 16, 2025 Investors are set to cut their exposure to US stocks to record high levels as global growth expectations have fallen to 30-year lows this month. A net 82 per cent of investors expect the global economy to weaken, down from 44 per cent in March, according to the most recent Bank of America global fund [...]
Gold price surges to $3,300 as trust in US bonds collapses April 16, 2025 Gold prices have passed $3,300 for the first time in history as investors flee US government bonds, which were previously viewed as a safe haven. “It seems that fewer countries are trusting the US — and therefore US Treasuries as a ‘safe haven’ asset class,” explained analysts from Invesco. “This has resulted in greater buying [...]
Government scrambles to swerve Trump pharma tariffs April 16, 2025 A race against time is underway to shield the UK pharmaceutical sector from potentially swinging Trump tariffs on imported drugs. As it stands, there is an exemption for pharmaceuticals on the baseline 10 per cent tariffs for goods coming into the US. However, President Trump has warned that there will be tariffs on imported pharma [...]
China halts Boeing deliveries as trade war intensifies April 15, 2025 China has instructed its airlines to stop taking deliveries from Boeing, in the latest twist in the country’s fast-moving trade war with the US. Sources familiar with the matter told Bloomberg that officials had also requested Chinese carriers halt purchases of any aircraft-related equipment and parts from US companies. Donald Trump has imposed tariffs as [...]
UK resilience buoys Robert Walters amid global hiring slowdown April 15, 2025 Recruiter Robert Walters reported a tough first quarter of 2025, amid a global hiring slowdown and persistent economic uncertainty weighing heavily on recruitment activity. The group cited a combination of cautious employer sentiment, escalating trade tariffs, and shifting economic landscape as key factors disrupting the field. Despite the broader slowdown, the UK was the group’s [...]
Halfords: Sales jump but retailer warns tariffs could hit supply chain April 15, 2025 Motoring and cycling specialist Halfords has reported an uptick in sales but warned US President Donald Trump’s tariffs could push up costs across its supply chain. The retailer and services provider told markets this morning that sales grew 2.3 per cent in the year to March 28. Its share price rose more than 13 per [...]