Construction sector hit by waning activity ahead of Budget October 6, 2025 Business activity expectations in the construction industry have fallen to the lowest since the end of 2022 as companies remained glum on future outlook ahead of the Autumn Budget. The latest Purchasing Managers Index (PMI) from S&P Global showed construction output showed the industry hit its highest level for three months at 46.2 – though [...]
Net zero banking group abandons operations after member exodus October 3, 2025 The global Net Zero Banking Alliance (NZBA) has announced it will cease operations following an exodus of its membership after President Donald Trump returned to power. In a statement released on Friday, the group said following a vote it will transfer from a member-based alliance to establish its guidance as a framework. “As a result [...]
Trump’s film tariffs could be a real test for the UK’s creative economy September 30, 2025 The UK’s film and television sector is a significant component of the national economy, and its future is now a central topic in transatlantic trade talks. US President Donald Trump has proposed a 100 per cent tariff on films produced outside the United States, a move he says is aimed at reversing what he calls [...]
Trump launches fresh tariffs as government shutdown looms September 30, 2025 In a frenetic 24 hours for the President, Donald Trump has launched fresh tariffs on the US’s trading partners as his government looks to be marching towards shutdown. The White House has said it will charge a 10 per cent tariff on foreign softwood lumber and timber, used in a wide variety of building materials, [...]
Gold seals record high as Trump heads for government showdown September 29, 2025 Gold has once again smashed a record high, spurred on by tensions in the US as President Donald Trump heads for a showdown with congressional members. The yellow metal breezed past the $3,800 mark this morning with a 1.2 per cent gain as investors flocked to the safe haven asset whilst political tensions in Washington [...]
GSK shares rally as chief Emma Walmsley to exit after eight years September 29, 2025 The chief executive of pharmaceutical giant GSK has announced plans to step down from the company at the end of the year. Emma Walmsley, who took the helm of the drugmaker in 2017, will be replaced by chief commercial officer Luke Miels. Miels – the former Executive Vice President of Astrazeneca – also joined the [...]
Rolls-Royce, BAE, Babcock: Defence shares rally after Trump remarks September 24, 2025 Shares in London-listed defence firms rallied during early trading on Wednesday after President Donald Trump changed his tune on the Russia and Ukraine conflict. Aerospace firm BAE Systems led the City’s blue-chips with a 1.6 per cent gain to 1,982.50. Meanwhile Babcock was up over one per cent to 1,195 and FTSE darling Rolls-Royce rose [...]
Trump tariffs forcing sports firms to be more flexible with supply chain September 17, 2025 Sports merchandise and apparel firms are being forced to be more flexible due to President Donald Trump’s ever-changing tariff policies, according to a leading investment bank. Moves by Trump have impacted the share price of major firms in the sporting space, while US import costs for merchandise made in high tariff countries is hitting the [...]
Trump’s UK state visit sparks tech investment buzz, but how realistic are the gains? September 16, 2025 US president Donald Trump will arrive in the UK on Tuesday evening for a state visit, bringing with him a wave of attention on transatlantic tech investment. The two-day trip, marked by royal pageantry at Windsor Castle and private talks at Chequers with Prime Minister Keir Starmer, coincides with announcements already made of nearly $10bn [...]
Elon Musk’s payday could top $1tn with Tesla shares deal September 15, 2025 Elon Musk, already the world’s richest man, is at the centre of a corporate controversy after Tesla’s board proposed a $1tn (£820bn) compensation package – the largest in corporate history. The ten-year plan, designed to incentivise Musk to focus on his EV business, would reward the chief executive with 12 tranches of shares, if Tesla [...]