Donald Trump’s tariffs: Here are the three important points February 4, 2025 There's a lot that could be said about tariffs, but there's three points that really matter.
Trade war: Trump’s tariffs pose ‘age-old question’ for Starmer February 3, 2025 President Trump imposed 25 per cent tariffs on goods imports coming from Mexico and Canada, as well as an extra 10 per cent duty on Chinese goods.
Eurozone inflation unexpectedly rises as Trump trade war fears mount February 3, 2025 The headline rate of inflation picked up to 2.5 per cent in January, according to preliminary estimates from Eurostat.
UK economy: Inflation worries build as manufacturing cost pressures surge February 3, 2025 S&P's purchasing managers' index (PMI) for the manufacturing index showed that input prices increased at "accelerated rates" last month.
Magnet: Kitchen maker bets on premium as huge losses continue February 3, 2025 The group behind kitchen maker Magnet is hoping expanding into the premium market will help it return to profit after falling to another huge loss and cutting hundreds of jobs. Nobia Holdings UK, the company behind the brand, has set about restructuring itself in recent years after not making a pre-tax profit since 2019. But [...]
UK economy will ‘struggle’ to grow more than one per cent in 2025 February 3, 2025 The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.
Bank of England to cut interest rates as growth fears build February 3, 2025 Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.
UK seeking ‘strong trade relationship’ with US amid tariffs, Starmer says February 2, 2025 The UK will seek a “strong trading relationship” with the US, Sir Keir Starmer has said, as the threat of a trade war looms after Donald Trump announced new tariffs. The US president has introduced a 25% levy on goods coming from Mexico and Canada, and a 10% trade tax on Chinese goods, which will [...]
Warnings Trump tariffs on China and allies risk economic disruption February 1, 2025 New trade penalties against Canada, Mexico and China that US President Donald Trump plans to impose represent an aggressive early move against America’s three largest trading partners – but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25 per cent tariffs against the two North American [...]
Government implements alcohol tax reliefs but critics say it’s not enough January 31, 2025 The government has implemented two tax reliefs aimed at growing the UK’s alcohol sector, although critics have said they won’t be enough to offset other cost hikes this year. Labour will implement a draught relief increase, cutting 1p duty off draft pints, as well as small producer relief, which the government said will help small [...]