How should the UK respond to Donald Trump’s tariffs? December 4, 2024 Trump's taste for tariffs is well known, proudly proclaiming in the election campaign it was the most beautiful word in the dictionary.
Topps Tiles hits back after major shareholder calls out ‘costly blunders’ December 2, 2024 Topps Tiles has hit back after a major shareholder called for an overall of its top team and strategy following a series of “costly blunders”. The London-listed company has issued a statement in the wake of the managing director of Austrian investment company MS Galleon, Piotr Lipko, writing to Topps Tiles’ chair Paul Forman last [...]
Bank of England warns on threat of global trade barriers November 29, 2024 Rising global trade barriers threaten to drag on global economic growth and unsettle the stability of the UK’s financial system, the Bank of England has warned today. In its half-yearly financial stability report, the central bank said the financial system could be hit by disruption to cross-border capital flows and a reduced ability to diversify [...]
Lagarde urges EU leaders to negotiate ‘not retaliate’ on Trump tariffs November 28, 2024 Christine Lagarde said that a global trade war was "in nobody's interest" and would likely lead to a "global reduction of GDP".
Bank of England rate-setter warns Trump’s tariffs will damage growth November 27, 2024 “Whether you are an economic historian, an economic theorist or a data-driven economist, the impact is clear in terms of its direction," she said.
FTSE 100 falls as cost of Donald Trump’s tariff plans revealed November 26, 2024 In a post on Truth Social platform, the president-elect said he will impose a 25 per cent tariff on all goods from Canada and Mexico, higher than markets had anticipated.
Why Donald Trump’s love affair with tariffs will only end badly November 26, 2024 A lot of ink has been spilled trying to work out what impact this will have on the global economy. To cut a long story short, nobody knows exactly what will happen - but it is not going to be good.
UK to relaunch trade talks with India and form new Japan partnership November 19, 2024 The UK is set to relaunch trade talks with India and form a new economic partnership with Japan, Downing Street has announced. It was confirmed that trade discussions with India will reopen at the start of next year, following a bilateral meeting between Sir Keir Starmer and Indian leader Narendra Modi at the G20 summit [...]
Starmer risks resurrecting Cameron’s failed China script November 19, 2024 The Prime Minister has been mingling with world leaders in Brazil, and while his government continues to face an array of domestic challenges (from tractor protests to debates on assisted dying) he has managed to pick up a hefty endorsement from one of the world’s most powerful people. “The new UK government is working to [...]
Reynolds and economists warn of trade impact of US tariffs November 19, 2024 The business secretary has warned of a “significant moment for global trade” and predicted a “difficult conversation” with the US lies ahead, as economists predict a £20bn blow to Britain’s economy from Donald Trump’s tariff plans. Jonathan Reynolds warned the UK should avoid “speculating on how we should respond before there is something to respond [...]