Bank of America, JP Morgan, Goldman Sachs: Wall Street cashes in on market volatility April 15, 2025 Wall Street’s banking giants pocketed record revenues in the first quarter of 2025 as market volatility ramped up. Top lenders were able to smash profit expectations after reaping the rewards of a trading boom caused by President Donald Trump’s erratic tariff agenda. Trump’s bait-and-switch on tariffs triggered countless sell-offs as traders across the globe ditched [...]
Barclays: Consumers plan to ‘buy British’ amid escalating trade war April 15, 2025 British consumers are planning to buy more UK-made products as two thirds of adults fear tumbling markets could lead to a deterioration in household finances, new research by Barclays has shown. President Donald Trump’s tariffs have dampened the UK’s economic outlook and put household finances under pressure. Consumers are now rapidly responding to the changes, [...]
Boat Race 2025: Avast! There is life outside of London April 11, 2025 The Oxford-Cambridge Boat Race should put a spotlight on the regions, whose businesses need support now more than ever, writes David Wrench.
Tariffs to take focus as HSBC and Barclays kick off FTSE 100 bank results April 10, 2025 First-quarter results season is around the corner for the UK’s major banks, with HSBC and Barclays set to report at the end of the month. Whilst President Donald Trump launched his tariff onslaught at the beginning of April – narrowly missing the first reporting period of the year – lenders are expected to factor the [...]
Barclays shares explode higher as FTSE 100 rebounds April 10, 2025 Shares in FTSE 100 giant Barclays rocketed in early trading after Trump rolled back his ‘Liberation Day’ levies. The bank’s stock shot up over 20 per cent as markets opened, before falling back to a 15 per cent gain. The firm topped the blue-chip index’s risers. The gains helped reverse the lender’s losses in the [...]
FTSE 100 roars back after Trump pauses tariffs April 10, 2025 The FTSE 100 soared as markets opened this morning after President Donald Trump‘s tariff climb down on Wednesday. London’s blue-chip index gained over six per cent – an increase of nearly 500 points. The FTSE 250 climbed over four per cent. Of the risers, Barclays rocketed over 20 per cent and Melrose 16 per cent. [...]
FTSE 100 slumps as EU and China launch retaliatory tariffs against US April 9, 2025 The FTSE 100 closed in the red on Wednesday, reversing gains made at the start of the week. The blue-chip index was off 2.9 per cent. Pharma stocks drove losses on the back of fresh tariff threats from President Donald Trump. Astrazeneca closed off seven per cent and GSK 5.7 per cent. Lenders also suffered [...]
HSBC and Barclays shares sink as trouble looms for FTSE 100 banks April 9, 2025 The FTSE 100’s ‘Big Five’ banks were swallowed up by the red on Wednesday as the global trade war ramped up. China increased its tariff on US goods to 84 per cent – a move which followed President Donald Trump’s 50 per cent levy coming into effect today, which took China’s total import tax to [...]
Bank of England asks lenders about clients’ stability as Reeves brands system ‘resilient’ April 8, 2025 The Bank of England has asked lenders about their clients’ financial well-being after Trump’s tariff onslaught triggered chaos across financial markets. The central bank asked firms for information about market liquidity and whether any of their clients were having funding problems, according to the Financial Times. The Prudential Regulation Authority, which is responsible for the [...]
Barclays: FTSE 100 giant’s shares bounce back after volatile trading April 8, 2025 Shares in Barclays rallied on Tuesday morning after a bruising week. The FTSE 100 lender has been caught in the chaos of Trump’s tariff onslaught. The firm was among top banks, including HSBC and Standard Chartered, which led the blue-chip index’s top fallers as markets sunk. Barclays stock was down nearly ten per cent after [...]