IMF warns UK faces ‘significant challenges’ amid trade war July 25, 2025 The Chancellor could be left at risk of breaking her fiscal rules by unexpected economic shocks and faces “significant challenges” in delivering the government’s agenda, the International Monetary Fund (IMF) has warned. The IMF said the UK’s “limited” so-called headroom on its public finances gave little room to manoeuvre and called on Rachel Reeves to [...]
Trump Scotland visit: Starmer to push for zero steel tariffs July 25, 2025 President Trump kicks off his golfing holiday in Scotland this evening, and all eyes are on his diary as the trip looks set to become a hub for diplomacy. Sir Keir Starmer will meet the US President on Monday, with the express mission of pressing for reduced tariffs on British steel. The two leaders are [...]
FTSE 100 hits all-time high as trade deal hopes lift global markets July 23, 2025 The FTSE 100 closed at another all-time high on Wednesday on hopes the United States’ trade deal with Japan would spark a flurry of similar pacts between the Trump administration and America’s largest trading partners. London’s blue-chip index closed up 0.5 per cent to hit a record high of 9080 points, in the latest and [...]
Rolls-Royce banking on bespoke cars to attract super-rich July 23, 2025 Wealthy buyers seeking to personalise their new Rolls-Royce helped boost the luxury car brand’s profit in 2024 despite falling sales. The Hampshire-based business, which is owned by BMW, said its bespoke service reached a record level last year with a 10 per cent increase on average per car year-on-year. Rolls-Royce Motor Cars added the rise [...]
Trump sues Wall Street Journal and Murdoch over reporting on Epstein ties July 19, 2025 President Donald Trump filed a lawsuit on Friday against The Wall Street Journal and media mogul Rupert Murdoch, a day after the newspaper published a story reporting on ties to wealthy financier Jeffrey Epstein. The lawsuit was filed in federal court in Miami. It seeks at least $10bn (£7.4bn) in damages. Mr Trump promised a [...]
McGregor could fight on UFC card hosted by Trump at White House July 16, 2025 Controversial former UFC fighter Conor McGregor could return to the octagon on Donald Trump’s White House card. The US President confirmed this month that he’d been liaising with UFC chief executive and supporter Dana White about creating a 20,000-capacity arena at the White House to stage a UFC card as part of the United States’s [...]
Robert Walters: Recruiter’s income slumps as tariff pressures bite July 15, 2025 Recruiter Robert Walters took a hit to income in the second quarter of 2025 as economic pressures weighed on hiring. The group recorded a 13 per cent slump in net fee income to £72.7m as “macroeconomic uncertainty became more pronounced”. Fee income from specialist professional recruitment fell 14 per cent to £60.7m. Meanwhile, recruitment outsourcing [...]
Buy UK: City stocks set for boost from Trump’s trade war with EU July 14, 2025 As the chaos around President Donald Trump’s erratic tariff agenda shows no sign of abating, brokers have thrown their weight behind UK stocks. Just this weekend, Trump threatened escalations with Mexico and the EU before slapping a 30 per cent levy on the 27-state bloc from August 1. But among the geopolitical noise, the UK [...]
Chelsea to get replica Fifa Club World Cup trophy, Trump to keep original July 14, 2025 President Donald Trump has suggested Chelsea will not receive the original Club World Cup trophy after winning the tournament in New Jersey on Sunday. Enzo Maresca’s side beat PSG in the final of the inaugural expanded Club World Cup at the MetLife Stadium. Cole Palmer slotted home for a brace while new signing Joao Pedro [...]
FTSE 100 smashes intra day high as investors call Trump’s bluff July 10, 2025 The FTSE 100 surpassed its all-time high on Thursday with investors unfazed by the latest barrage of trade threats from President Donald Trump. The UK’s flagship index rallied over one per cent in morning trading to over 8,970. This topped a previous intra-day record of 8,908.82 set on March 3. Miners pioneered Thursday’s jump with [...]