China’s government is accelerating its efforts to dominate advanced technologies through state-backed industrial policies, reshaping global trade and posing a significant risk to European industrial competitiveness. As the authorities in
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The United States government has suspended a £31 billion tech investment deal with the United Kingdom, citing ongoing trade disputes and limited progress in reducing trade barriers. This unexpected move
Leading UK retailers including Primark, Currys and Boohoo have publicly criticised the government for deferring the abolition of a key tax break on low value imported goods until 2029. The
Global markets heaved a sigh of relief as Presidents Trump and Xi reached a truce, dampening the US threat of 100 per cent tariffs and causing China to hit pause
The Chinese government’s latest announcement on rare earth export regulations has jolted Western business and policymakers, revealing a dramatic new stage in Beijing’s ongoing economic strategy. Through a quiet decree,
The UK steel industry faces a grave threat as the European Union considers drastic changes to its import regime, which could deal a devastating blow to British manufacturers. Officials in
For years, small businesses across the United Kingdom and beyond have relied on a valuable tariff exemption to export their goods to the United States. This so-called de minimis rule
Trade protectionism threatens to fragment the worldwide economy and heighten the risk of financial turmoil centred on the global bond market, according to a stark warning from the Bank for
The Office for Budget Responsibility’s forecast of Brexit’s impact on the UK economy has proven remarkably accurate, with public finances suffering a £40 billion shortfall in tax revenue. The organisation’s
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
A landmark agreement between the United Kingdom and the European Union has been billed as a significant economic turning point, expected to add £9 billion to the UK economy while
Aston Martin has raised concerns over the UK government’s failure to provide state backing for small-volume manufacturers, claiming this leaves the company at a distinct competitive disadvantage compared to its
Walmart, the global retail giant, has announced it will begin increasing prices this month in response to rising tariff costs, a move that signals a challenging period ahead for consumers.
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
Donald Trump’s administration has reportedly relegated a potential UK-US trade deal to a lower priority, casting doubt over Britain’s ambitions to finalise such an agreement within weeks. Sources familiar with
Shares in major US technology firms experienced a sharp decline of up to 14% in response to tariffs announced by Donald Trump. However, following the announcement of exemptions for smartphones
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