Trump tariffs: EU ‘has tools at disposal’ to hit back amid Greenland spat January 19, 2026 The European Union has pledged it has the “tools” to hit back at the US after President Trump’s latest trade offensive amid the deepening Greenland crisis. In a daily briefing the European Commission’s deputy chief spokesperson and trade lead, Olof Gill, said “should the threatened tariffs be imposed, the European Union has tools at its disposal [...]
FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war January 19, 2026 Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
Bank of England’s Bailey: Central banks must challenge populism January 16, 2026 Andrew Bailey has called on central banks international institutions to stand up to proponents of populism with their words and actions, warning that organisations like the Bank of England are being painted as “unresponsive and acting for the benefit of powerful” interests. In a speech to a group of economists and officials in London, governor [...]
Bank of England’s Taylor: Trade with China to drive interest rate cuts January 14, 2026 Cheap goods flooding into the UK from China will lower inflation and prompt the Bank of England to cut interest rates further, a member of the Monetary Policy Committee has said. Alan Taylor, considered to be the most dovish rate-setter on the MPC, warned that cheap goods flowing in from China would lower inflation over [...]
The City has moved on from Brexit January 14, 2026 Whisper it, but Brexit is slowly inserting itself back into our national conversation. We remain, thankfully, a long way from the frenzied tribalism of the referendum campaign or the energy-sapping parliamentary drama that followed, but while these days Nigel Farage may be more interested in small boats than backstops, the issues is being discussed – [...]
Trump’s protectionism is a threat to freedom January 9, 2026 Donald Trumps approach to Vietnam reveals the conflict of interest between his trade policy and his private business interests, says Rainer Zitelmann Donald Trump has said it time and time again: “To me, the most beautiful word in the dictionary is tariff. It’s my favorite word.” Over the years, Trump has expressed opposing opinions on [...]
Starmer summons business chiefs to join China trip January 7, 2026 Downing Street officials are asking business leaders to join Keir Starmer on a visit to China later this month, it has been reported, amid tensions over the approval of its mega embassy near the City of London. The government is still looking to gather new business representatives to accompany Starmer to Beijing despite some concerns [...]
Brexit division to return to parliament in bill for EU deal January 6, 2026 New dividing lines are set to open up in parliament over the coming months as the government prepares to lay out a bill to get its EU “reset” deal signed off by MPs. Keir Starmer has signalled his intention to build closer trade ties with the world’s largest economic bloc in a bid to boost [...]
US puts UK tech deal on ice after Budget digital tax move December 16, 2025 Washington has paused the flagship US-UK tech pact just weeks after Rachel Reeves doubled down on Britain’s digital services tax in her Autumn Budget, sharpening fears that the levy has become a pressure point in wider trade talks with Trump’s administration. The so-called Tech Prosperity Deal, unveiled during Trump’s state visit back in September and [...]
UK exports forecast downgraded as Labour fails to kickstart trade December 11, 2025 British export growth will fall by almost half next year, a business forecaster has said, with Labour’s string of deals failing to improve hopes of a revival in international trade. The Labour government has made trade a key lever to boost growth prospects, using new deals with the likes of the EU and India to [...]