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tech tariffs

  • Santander: UK businesses shift away from China as tensions flare

    November 18, 2025

    UK businesses are moving away from China as risks mount amid flaring geopolitical tensions. Over half of firms are taking steps to bring their supply chains closer to home, with one in five having already relocated their network closer to the UK. The moves come amid questions over China’s dominance in the supply chain, with [...]

  • Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget

    August 13, 2025

    Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]

  • Nvidia and AMD to pay US 15 per cent cut on China chip sales

    August 11, 2025

    US chipmakers Nvidia and AMD have agreed to hand over 15 per cent of their Chinese revenues to Washington in exchange for the green light to resume sales of high-powered AI chips to the country, in what industry analysts have called an “unprecedented” arrangement. The deal, first reported by the Financial Times, applies to Nvidia’s [...]

  • Standard Chartered wealth arm booms in volatile second quarter

    July 31, 2025

    Standard Chartered’s wealth and markets arms boomed in a volatile second quarter of the year driving a surge in profit at the London-listed bank. The FTSE 100 firm recorded a 47 per cent uptick in global markets income on a constant currency basis, as takings topped $1.2bn (£900m) for the second quarter. Meanwhile, wealth solutions [...]

  • Polar Capital: Profit jumps as boss departs

    June 30, 2025

    Asset manager Polar Capital reported a surge in profit for the latest financial year but a tough final quarter and the threat of market volatility lingered over results. The London-listed firm recorded a 27 per cent jump in core operating profit to £56.7m for the year ending March 31 2025. Pre-tax profit dipped six per [...]

  • Creative industries in line for £380m government injection

    June 21, 2025

    Britain’s film, music and video game industries are set to receive millions of pounds of investment as the Government seeks to ensure the UK’s place as a creative superpower. The investment, announced by Culture Secretary Lisa Nandy, will see £380 million spent on a range of projects intended to double private investment in the creative [...]

  • Company bosses hit pause on growth plans after tariff shock

    May 27, 2025

    Top UK business leaders have sounded the alarm on geopolitical tensions, warning that trade uncertainties are threatening their growth prospects. Nearly half of UK chief executives admitted to being “very or extremely concerned” about the impact of tariffs on their company’s operations and sales in the upcoming year.  Concerns have led to company chiefs slamming [...]

  • This is why the UK’s tech tax still riles Washington

    May 9, 2025

    The UK and US have trumped a new trade framework aimed at unlocking growth between the two allies, but one key irritant remains notably unresolved: Britain’s tech tax or Digital Services Tax (DST). The two per cent levy, introduced in 2020 under Boris Johnson, continues to rankle American officials, particularly because it disproportionately affects the [...]

  • Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles

    May 8, 2025

    S4 Capital, Sir Martin Sorrell’s advertising giant, recorded a sharp drop in revenue in its first-quarter trading update as geopolitical tensions weighed. The firm posted a 11.4 per cent slump in net revenue to £148.3m, which it said reflected the “continuing technology client caution” and headwinds from one “key client”. Takings from marketing services reduced [...]

  • FTSE 100 on track for longest winning streak ever

    May 2, 2025

    The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April.  Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]

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