‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
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 [...]
Recession fears spike after Trump threatens new China tariffs October 11, 2025 President Donald Trump has said he will slap an additional 100 per cent tax on Chinese imports by 1 November or sooner spiking recession fears after global markets tumbled. Taking to his Truth Social platform, Trump cited the export controls placed on rare earths by China as the reason for the fresh levy. The President [...]
Elegant Life can put the Fownes stable back on track October 10, 2025 RESULTS did not go according to plan for the Caspar Fownes stable at Happy Valley in midweek, when the trainer left his favourite venue empty-handed, despite three places from half-a-dozen raiders. The four-time champion trainer will look to change his fortunes around with a strong raiding party of eight gallopers at Sha Tin, with the [...]
Sir Jim Ratcliffe: Act now or five million jobs will be lost October 9, 2025 Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]
Musk’s ‘affordable’ Tesla model still packs a punchy price October 8, 2025 Tesla has unveiled cheaper versions of its Model 3 and Model Y electric vehicles, but with starting prices still hovering near $40,000 (£29,820) investors and analysts say the cars fall short of chief executive Elon Musk’s promise of a truly mass-market EV. The new Model 3 Standard starts at $36,990, while the Model Y Standard [...]
LEVC: London electric taxi company loses £180m October 7, 2025 LEVC, the London electric taxi company, lost almost £180m during its latest financial year as its sales were slashed. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, has reported a pre-tax loss of £179.4m, according to new accounts filed with Companies House. The business, which is owned by Chinese automotive [...]
Sir Jim Ratcliffe’s Ineos issues ‘urgent warning’ amid job cuts October 7, 2025 Sir Jim Ratcliffe’s Ineos is to cut 20 per cent of the workforce at its Acetyls plant at Hull, it has been confirmed. In total, 60 jobs are set to be lost in what the group said was a “direct result of sky-high energy costs and anti-competitive trade practices”. Confirming the news, Ineos blamed “dirt-cheap [...]
Tesla to unveil lower-cost Model Y to revive sales momentum October 6, 2025 Tesla is expected to unveil a long-awaited, lower-cost version of its Model Y SUV this week, as the American electric car giant looks to reignite demand amid slowing global sales and rising competition from Chinese rivals. The new variant, widely referred to as the Model Y Standard, has been spotted testing near Tesla’s gigafactory in Texas and [...]