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uk tariff

  • Triumph: Profit almost wiped out at iconic motorcycles maker

    Transport and infrastructure

    Profit at iconic motorcycles maker Triumph has almost been wiped out thanks to US President Donald Trump’s trade tariffs and the cost-of-living crisis. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has posted a pre-tax profit of £2.2m for the year to 30 June, 2025. That figure is down significantly from the pre-tax [...]

    Successful business team celebrating a major achievement with smiles and raised hands in a modern corporate office setting.
  • Autumn Budget: JCB boss calls on Reeves not to do anything ‘daft’

    Business

    The chief executive of JCB has called on Chancellor Rachel Reeves not to do anything “daft” in her Autumn Budget which would deter inward investment. Graeme Macdonald, who leads the Staffordshire-headquartered manufacturing giant under chairman Lord Anthony Bamford, said he’s “not optimistic” about the Budget next month, adding that Reeves is “definitely” going to raise [...]

    Graeme Macdonald in a business setting, dressed professionally, engaging in a discussion on industry trends and market ins...
  • Trump threatens 100 per cent tariff on UK films to ‘protect Hollywood’

    Media

    President Donald Trump has renewed his threat to impose a 100 per cent tariff on “any and all” films produced outside the USA, a move that has sparked concern across the British film industry. In a post on Truth Social on Monday, Trump criticised foreign movie production as “stealing candy from a baby”, and accused [...]

    Donald Trump has threatened to sue the BBC for $1bn

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