Peter Kyle: Tariff tension could delay UK-US trade talks Politics Donald Trump’s threat to unleash another round of tariffs on UK goods could delay work on the UK-US trade deal’s final stages, according to business secretary Peter Kyle, who branded the latest tensions “lose-lose” for Britain and America’s economies. The minister for business and trade warned the White House’s move to charge a 10 per [...]
UK’s largest bioethanol plant to shut after US trade deal Industrials The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]
On this day: The special relationship is born with the Atlantic Charter Opinion On this day in 1941, Churchill and Roosevelt made a joint statement that would come to be known as the Atlantic Charter - and the start of the special relationship.
After EU-US deal, even Remoaners must admit Brexit has its benefits August 1, 2025 Even the most ardent opponents of Brexit have been forced to concede the UK has got a better deal with the US than the EU.
Trump tariffs: UK to dodge 50 per cent steel and aluminium levies June 4, 2025 President Trump exempted UK industry from a doubling of the rate of steel and aluminium tariffs up to 50 per cent, but businesses will still face a 25 per cent levy until a new trading relationship with the US is finalised. Though industry bosses had been braced to be hit by the 50 per cent [...]
US trade deal: Jonathan Reynolds questioned on Trump talks progress June 3, 2025 Shadow business secretary Andrew Griffith has raised questions around the progress of the UK-US trade deal, saying that the agreement has “not been signed, published and presented in any form”. In a letter posted on X, the former Treasury minister said that “no one has ever seen such a deal” and criticised Labour for a [...]
Is the UK-US trade deal a win for Starmer? May 9, 2025 In what has been hailed by trade experts as “the biggest week for UK trade since Brexit,” the UK has struck the long-awaited trade deal with the US, just over a month after – so-called ‘Liberation Day’ – tariffs were announced. This is the US’ first bilateral deal since these tariffs were imposed. But it’s [...]
UK financial services can still drive growth in a volatile world May 9, 2025 Geopolitical turmoil is threatening the resilience of UK financial services, but we don't need to sacrifice growth to protect them, writes KPMG's Karim Haji.
Globalisation has come to an end, says minister April 6, 2025 Globalisation has “come to an end” in the wake of new tariffs imposed by the US, a Treasury minister has suggested. Chief Secretary to the Treasury Darren Jones told the BBC that Britain needs to be “strong and resilient” and emphasised the importance of investing in the domestic economy, as nations and businesses are grappling [...]