Megan Greene, a member of the Bank of England’s Monetary Policy Committee (MPC), has suggested that a global trade war, driven by tariffs introduced by former US President Donald Trump,
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Global stock markets surged on news that the United States and China have agreed to temporarily reduce trade tariffs, creating a 90-day negotiation period to seek a long-term resolution. This
British aircraft parts, including Rolls-Royce engines, are set to be exempted from US import tariffs under an evolving trade agreement with the administration of Donald Trump. The landmark development is
China’s exports to the United States fell sharply last month, triggering a 21 per cent collapse in goods shipments to one of its key trading partners. This decline follows the
British manufacturers and exporters have expressed optimism following the announcement of a breakthrough trade deal between the United Kingdom and the United States. The agreement, confirmed on 8 May 2025,
The United States has recorded its largest-ever trade deficit, revealing a significant challenge for the country’s economic stability. The deficit surged by 14 per cent in March, reaching a historic
Investors in the United Kingdom have turned away from bonds at an unprecedented pace, with £1.2 billion pulled from fixed income funds in April. This marks the fastest rate of
The Federal Reserve has once again opted to leave interest rates unchanged amidst growing concerns over the American economy. The central bank’s decision marks the third consecutive occasion in which
Barbie-maker Mattel has announced plans to reduce its reliance on China-sourced products for the US market while raising prices in response to the tariff policies introduced under Donald Trump’s administration.
The UK services sector, which contributes approximately three-quarters of the country’s overall economy, saw its first contraction in 17 months this April. This downturn comes as global economic uncertainties, triggered
The London stock market experienced a significant increase in profit warnings last month, driven largely by tariff threats from the United States. Twenty-six companies listed in the UK issued profit
Scott Bessent, the United States Treasury Secretary, sought to calm financial markets on Monday following President Trump’s announcement of a controversial 100 per cent tariff on foreign-produced films. Speaking at
Shares in US streaming and production companies saw a notable drop on Monday following Donald Trump’s announcement of his plan to impose 100% tariffs on films produced overseas. This policy
President Donald Trump has unveiled plans to impose 100 per cent tariffs on all foreign-made films, as part of a bid to rebuild Hollywood and bring movie production back to
McDonald’s has reported its steepest quarterly decline in US same-store sales since the pandemic, as the impact of geopolitical tensions and a weakening American economy takes its toll on consumer
Chinese fast-fashion giant Shein has implemented substantial price increases for its American customers in response to Donald Trump’s heightened tariff policies. The online retailer, known for its low-cost offerings, has
