China’s currency has depreciated to a 20-month low in response to escalating trade tensions with the United States. The renminbi, which is subject to a fixed trading range set by
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Keir Starmer has announced a series of significant measures aimed at bolstering the car and pharmaceutical sectors as the UK grapples with a shifting global landscape following Donald Trump’s imposition
The ongoing turmoil in global equity markets has intensified, with significant losses recorded across major indices. The sell-off deepened as concerns regarding a potential recession are amplified by the rising
UK ministers are intensifying negotiations to secure a trade deal with Donald Trump’s administration following the announcement of sweeping 10% tariffs on British exports to the United States. Official sources
European leaders have reacted with condemnation in the wake of Donald Trump’s decision to impose significant tariffs, labelling the move as “fundamentally wrong” and recognising the immense difficulties it poses
President Trump’s sweeping tariffs have caused upheaval in global financial markets, resulting in a dramatic reduction of over $2 trillion from the S&P 500 index. Notably, major US tech and
The microcomputer manufacturer Raspberry Pi has recently reported a year marked by both challenges and achievements. Although the company faced significant market pressures, it managed to exceed profit expectations in
Downing Street anticipates that the UK will be affected by a new round of tariffs as Donald Trump prepares to announce significant trade barriers. Officials have indicated they “reserve the
Elon Musk’s SpaceX is making a substantial effort to evade tariffs on equipment imported from China as tensions escalate under President Donald Trump’s trade policies. The rocket company has formally
The Organisation for Economic Co-operation and Development (OECD) has issued a warning that escalating trade wars initiated by Donald Trump are eroding progress on economic growth and inflation reduction. The
Shares in Qinetiq fell sharply after the defence company issued a profit warning, announcing that full-year revenue and profits would be lower than expected due to challenging trading conditions. The
Up to 300,000 individuals in the UK who earn additional income through side hustles such as selling second-hand clothes, dog walking, or gardening could soon benefit from not having to
London-based drinks giant Diageo, the producer behind iconic brands such as Johnnie Walker whisky, Guinness, and Tanqueray gin, has issued a stark warning over the potential economic fallout of proposed
Four of the world’s largest banking institutions have been slapped with fines totalling nearly £105 million by Britain’s competition watchdog after their traders were caught sharing confidential information about UK
A former City fund analyst stands accused of orchestrating a sophisticated insider trading scheme that netted nearly £1 million through illegal trading activities. Redinel Korfuzi, 37, who worked as a
The British economy is projected to grow by 1.5% in 2025, according to the latest forecast from the National Institute of Economic and Social Research (NIESR). This upward revision from
