Britain’s economy has received an unexpected boost in the early months of 2025 following US President Trump’s sweeping tariffs imposed on nearly every international trading partner. The EY Item Club
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Donald Trump’s plan to impose tariffs of 30% or more on European imports threatens to hinder transatlantic trade, according to Maroš Šefčovič, the European Union’s trade commissioner. Šefčovič noted that
In a significant escalation of trade tensions between the United States and Canada, Donald Trump has declared the implementation of a 35% tariff on Canadian imports, set to take effect
Fresh employment figures from the US Department of Labour have demonstrated unexpected strength in the world’s largest economy, with 147,000 new positions created in June, significantly surpassing market forecasts of
In a nail-biting Senate session, President Trump’s cornerstone legislation, initially dubbed the ‘One Big Beautiful Bill’, secured passage by the slimmest possible margin. The decisive vote came from Vice-President JD
The US Federal Trade Commission has approved Omnicom’s landmark £13.5 billion acquisition of rival Interpublic, paving the way for the creation of the world’s largest advertising agency. The regulatory clearance
In a landmark transaction finalised on Wednesday, Nippon Steel successfully acquired US Steel for $14.9 billion, marking a significant shift in the global steel manufacturing landscape. The deal’s completion follows
The global economy is projected to experience its most underwhelming decade since the 1960s, as reported by the World Bank. Recent analysis shows significant downgrades to growth expectations for nearly
Wise, the online money transfer giant, has announced its decision to move its primary share listing to the United States, representing a significant setback for the London Stock Exchange. The
UK Ministers are working to ensure that Tata Steel, the country’s largest steel producer, benefits from tariff-free access to the United States under a new trade deal negotiated by Prime
Donald Trump has confirmed he will meet Chinese President Xi Jinping in China following a positive phone conversation discussing trade relations between the two largest economies in the world. The
A recent analysis from the non-partisan Congressional Budget Office (CBO) has revealed that former President Donald Trump’s flagship tax bill is expected to increase the United States’ national debt by
Keir Starmer has announced that a trade deal with the United States could come into force within weeks, following assurances from the White House that the UK will be exempt
Tech billionaire Elon Musk has sparked fresh controversy by denouncing Donald Trump’s sweeping tax and spending legislation as a “disgusting abomination”. His comments, shared on his social platform X, have
The United States has officially doubled tariffs on foreign steel and aluminium to 50 per cent, following President Donald Trump’s announcement to bolster the American steel industry. This controversial move,
Interest from American buyers in UK property has surged to an eight-year high, with Edinburgh overtaking London as the most popular destination. Scotland now accounts for 28 per cent of
