East London industrial site snapped up for £100m April 9, 2025 Global real estate investment company Kennedy Wilson has bought an east London industrial park for £100m. It’s a positive sign for London’s industrial market, which slumped to a decade-low last year as demand for warehouse and logistics sites faded after the pandemic boom. Kennedy Wilson plans to create a set of 10 sustainable industrial units [...]
City slashes UK growth forecasts radically in wake of Trump tariffs April 9, 2025 City forecasters have radically cut UK growth forecasts as President Donald Trump’s tariffs are widely expected to cause great damage to the global economy. Markets across Europe are sliding again today after tariffs came into effect, a clear sign that economists and investors are fearing hits to profit. New research by the polling firm Consensus [...]
JD Sports boss warns of price rises as shoe makers resist Trump’s tariffs April 9, 2025 The chairman of FTSE 100 giant JD Sports has said prices will rise if President Donald Trump’s tariffs stay at their current levels. Speaking on the Today programme, chairman Andrew Higginson, who also chairs the British Retail Consortium (BRC), added that it’s unlikely shoe production will shift to the US and lambasted the uncertainty caused [...]
Will Trump tariffs end up helping Next, M&S and Dunelm? April 8, 2025 UK heavyweights who aren’t exposed to the US market, like Next and M&S, may end up seeing some silver linings from Trump’s tariffs, according to analysts. Only a few UK retailers – namely JD Sports, Doc Martens and Burberry – sell to the states and produce in eastern Asia. Berenberg analysts said that positives from [...]
Buy Segro amid real estate sector strength, says UBS April 8, 2025 UBS analysts have backed real estate stocks like Segro and British Land after the sector has managed to hold out during the global stock exchange crash caused by the US trade war. Since the start of 2025, global stock markets have tanked, spurred on by the introduction of sweeping tariffs by US president Donald Trump. [...]
Trump tariffs: No10 resists calls for ‘buy British’ campaign April 8, 2025 No10 has resisted calls for a “buy British” campaign in light of US tariffs, after the Chancellor slapped down the idea and suggested it could be a barrier to trade. Rachel Reeves warned against the UK becoming “inward looking” as she faced calls in the Commons to encourage the public to buy more British goods [...]
Reeves to meet US Treasury Secretary ‘shortly’ in trade deal race April 8, 2025 Chancellor Rachel Reeves has said she plans to meet US Treasury secretary Scott Bessent as President Donald Trump is yet to offer allies any reprieve from his tariff policy. The UK is facing ten per cent tariffs on its goods exports to the US, putting the government under pressure to agree a deal that protects [...]
Businesses are struggling to model the impact of tariffs April 8, 2025 History and economic models provide little precedent for the impact of Trump’s tariffs, so the implications are worryingly unclear, says Annette Spencer It’s safe to say that tariff talk is no longer a mere backdrop to financial news, it’s shaking currency and financial markets. While governments are beginning to think about next steps and potential [...]
Why investors should keep calm and ignore the noise – even when markets are volatile April 8, 2025 Camilla Esmund, senior manager, interactive investor – the UK’s second largest investment platform for retail investors This is not financial advice and is for educational purposes only —– To quote Kobe Bryant: “Never get bored of the basics.” It’s a phrase that resonates with many areas of our lives. We’re now into the new financial [...]
Lush to pass tariffs onto US shoppers as it sinks further into the red April 8, 2025 Lush has revealed plans to open a UK hotel as it detailed its response to President Donald Trump’s tariffs amid the ethical cosmetics retailer sinking further into the red. The Dorset-headquartered company has included scant detail in its annual accounts about its plans for a new hotel but did say it is working with a [...]