London’s broken listings regime is pushing British firms out the door October 30, 2025 Every firm that abandons its London listing makes the next departure more likely, says Paul Scully During my four years as Minister for London, I championed our capital as a global business hub. I welcomed the work of the Treasury and the Financial Conduct Authority on reforms to make our markets more competitive. But as [...]
TikTok US ban threat finally comes to an end October 27, 2025 After nearly five years of court battles and geopolitical wrangling, Beijing and the White House might finally be on the verge of ending a major tech standoff. The US treasury secretary Scott Bessent announced on Sunday that China and the US have “finalised the details” of a deal that would relocate TikTok’s American operations to [...]
Discovering the real China, with amazing food, incredible scenery and authentic culture October 24, 2025 From City AM The magazine, Autumn edition, with photos by Nicolas Quiniou I love China. There, I said it. Nowhere else I have visited has caused such a ruckus among my friends and family. My departure was marked by a stream of messages warning me to ‘be careful’ and ‘make sure you behave’. At first, [...]
Petroineos: Sir Jim Ratcliffe-backed energy giant loses $250m October 24, 2025 Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been revealed. The Jersey-based business has reported the pre-tax loss after posting a profit of $30m in 2023. The results for the previous financial year were [...]
Protectionism is economic cowardice. Britain must not fall into Trump’s trap October 17, 2025 Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.
US-China tensions heat up as Trump threatens to block cooking oil imports October 15, 2025 Donald Trump has threatened to cut off all imports of cooking oil from China, in another escalation of the war of words over trade between the world’s two largest economies. Trump said in a post on his Truth Social platform that the latest trade tussle with China over soybeans represents “an Economically Hostile Act”. He [...]
Trump’s treasury secretary Scott Bessent lashes out at ‘weak’ China October 14, 2025 Markets have wobbled amid attacks by Scott Bessent on China’s trade policy, after Beijing unveiled sweeping controls on rare earth materials and critical minerals. The US treasury secretary told the Financial Times: “This is a sign of how weak their economy is, and they want to pull everybody else down with them.” He said: “Maybe [...]
Whisper it: British manufacturing has been a quiet Brexit success story October 14, 2025 It’s time Brexit Britain created a trade policy that focuses on its competitive advantages, says Daniel Dieppe Brexit was never meant to be an economic success. At least, according to the Treasury estimates, which predicted a year-long recession, a 500,000 increase in unemployment and a reduction in growth between three and six per cent. Yet [...]
Andrew Bailey: Stock markets could crash if debt levels spiral October 13, 2025 Bank of England Governor Andrew Bailey has warned that stock markets could suffer a “disorderly adjustment” due to spiralling debt levels and other vulnerabilities. Ahead of a seminal week in Washington DC where global financial leaders are set to discuss the future of multilateralism, Bailey said bullish markets and spiralling sovereign debt levels had left [...]
China fires back at Trump’s 100% tariff threat as markets jitter October 12, 2025 Just a day after president Donald Trump sent global markets reeling with his promise of a fresh 100 per cent tariff on Chinese imports, Beijing has struck back, accusing the US of “double standards” and warning that it could introduce its own countermeasures. A spokesperson for China’s Commerce Ministry said Washington’s threat to punish Beijing [...]