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 [...]
UK retailers claw back losses as wave of selling turns to opportunistic buying April 7, 2025 Heavyweight UK retailers clawed back some of their losses on Monday afternoon as the morning’s sell-off turned to buying. The FTSE 350 general retail index had dropped by as much as four per cent in early trades, but later stabilised to minus 2.8 per cent. Even UK retailers with very little presence in the US, [...]
Trump threatens 100 per cent tariffs on China April 7, 2025 President Donald Trump has threatened to slap additional 50 per cent tariffs on China if it doesn’t withdraw its retaliatory measures, pushing the possible level of tariffs it faces on exports to the US to over 100 per cent. In a post on Truth Social, the US president said retaliatory Chinese tariffs on US imports [...]