Trump’s tariff decisions send shockwaves through the markets Markets Global assets and markets have once more found themselves reeling from the aftershocks of Trump’s tariffs decision, after his weekend announcement sent investors scrambling. The US president announced a 15 per cent blanket tariff on Saturday in rebuttal to the Supreme Court striking down his signature economic policy. Bitcoin suffered a sharp selloff on Monday [...]
Trump announces new blanket tariff after Supreme Court ruling Politics US President Donald Trump has announced a new global tariff after the US Supreme Court ruled that his previously imposed duties were illegal. Trump imposed a 10 per cent global tariff shortly after the court’s ruling, a decision the president called “terrible”. The import duty will apply to all countries and be effective “almost immediately”, [...]
Newly listed Smarter Web Company share price plummets amid Bitcoin fall Business One of the London Stock Exchange’s newest members have suffered a staggering drop in its share price after becoming embroiled in the early morning Bitcoin plunge. The Smarter Web company, which listed on London’s main market just three days ago, suffered a 22.5 per cent drop in early morning trading to 31.25 pence. Since listing [...]
Bitcoin falls to lowest level as big tech sell-off intensifies February 6, 2026 The price of Bitcoin has fallen to its lowest level in 15 years amid the sweeping tech sell-off and nomination of a ‘hawkish’ Fed chair. A single bitcoin is now roughly worth $64,657 (£47,657), the lowest level since October 2024, with the price plummeting 24 per cent since the start of the year. The price [...]
Jenrick’s defection was “a mistake”, senior Tory claims February 1, 2026 A member of the shadow cabinet has said Robert Jenrick’s defection from the Conservatives to Reform UK was “a mistake”, fuelled by “frustrated personal ambition”. Shadow home secretary, Chris Philp, said Jenrick’s decision to join Nigel Farage’s party came from his upset about not being named party leader. Speaking to Sky News’s Trevor Phillips, he [...]
Who is Kevin Warsh, the man expected to become the next Fed chair? January 30, 2026 US President Donald Trump has said he will name his pick for Federal Reserve chair on Friday, ending months of speculation over who will replace Jerome Powell at the head of the US central bank. Trump said on Thursday evening that he would confirm the name of his candidate “tomorrow morning”, somebody who “is very [...]
Debenhams to retain Pretty Little Thing as fast fashion brands recovers January 28, 2026 Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]
Trump to raise tariffs on South Korea to 25 per cent January 27, 2026 US President Donald Trump has said he will increase tariffs on South Korea to 25 per cent, after accusing Seoul of “not living up” to the trade deal reached late last year. In a Truth Social post on Monday, Trump said the increase would apply to a range of products including lumber, automobiles, pharmaceuticals and [...]
Gold hits new record high amid fresh Trump turmoil January 26, 2026 The price of gold jumped above $5,000 on Monday, as investors once again scrambled to get their hands on the safe haven asset amid heightened Trump tariff turmoil and policy changes. The precious metal surged to $5,078 (£3,716) per ounce, extending its record rally, before reaching $5,097.24 on Monday morning. Silver also hurtled past $100 [...]
‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row January 17, 2026 A spat over in-flight Wi-Fi has spiralled into a verbal brawl between Elon Musk and Ryanair chief executive Michael O’Leary. The clash tumbled into the open after O’Leary dismissed Musk and his satellite internet business Starlink in a radio interview on Ireland’s Newstalk, calling him “an idiot”. The verbal row widened to O’Leary telling listeners [...]