Investment boss: US capital flight won’t necessarily benefit UK May 9, 2025 Investors fleeing US markets won’t necessarily boost the value of those in the UK or Europe, a senior investment boss has warned, pouring cold water on hopes for a London Stock Exchange revival. Last month’s Bank of America global fund manager survey found that investors were looking to cut their exposure to US stocks at [...]
Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles May 8, 2025 S4 Capital, Sir Martin Sorrell’s advertising giant, recorded a sharp drop in revenue in its first-quarter trading update as geopolitical tensions weighed. The firm posted a 11.4 per cent slump in net revenue to £148.3m, which it said reflected the “continuing technology client caution” and headwinds from one “key client”. Takings from marketing services reduced [...]
Trump poised to announce US trade deal with UK May 8, 2025 President Trump will announce a US-UK trade deal today, according to a New York Times report which has since been backed up by Sky News. In a post on X, Sky News’ Sam Coates said that the claims are “substantive”, and that the announcement today would be “a ‘heads of terms’ agreement rather than the [...]
Government signs landmark billion-pound trade deal with India May 6, 2025 Billions of pounds in extra trade could soon flow between India and the UK after the two nations signed a landmark free trade agreement, ending years of protracted negotiations. The deal, which the UK government said was the most “economically significant” free trade agreement signed since Brexit and the “best deal India has ever agreed”, [...]
Trump’s Gilded Age American dream shows he is no historian April 28, 2025 You can’t recreate the past in a global economy, yet Trump's Gilded Age fantasy will not abate, writes Eliot Wilson.
Manufacturers accelerate job cuts as firms brace for ‘gloomy’ year April 24, 2025 Manufacturers are shedding staff at the fastest pace in more than four years, according to new data, as they wrestle with soaring energy bills and Chancellor Rachel Reeves’ tax hikes bite. The downturn in manufacturing output slightly eased in the quarter to April, a survey of hundreds of firms by the Confederation of British Industry [...]
Week in Business: Why a UK-US trade deal won’t save the British economy April 24, 2025 The Chancellor's emergency mercy mission to the US could pay off, but it won't be enough to reverse the damage she's already done to the UK economy.
Starmer and Trump discuss ‘ongoing and productive’ trade talks April 18, 2025 Sir Keir Starmer has spoken to Donald Trump in the first call with the US President since he unveiled 10 per cent tariffs on all goods imported to America from the UK. The two leaders discussed the “ongoing and productive discussions” on trade between the two countries, a Downing Street spokesperson said. “The Prime Minister [...]
ASML and Nvidia tumble amid US trade tensions April 16, 2025 ASML and Nvidia both took a hit in the markets, falling sharply due to rising concerns about US-China trade tensions and their potential impact on the semiconductor industry. ASML, a critical player in chip manufacturing equipment, dropped 6.5 per cent, while Nvidia saw a 6.3 per cent after hours on Tuesday. The Dutch chip equipment [...]
Trump’s tariffs to cause pandemic-level fall in trade April 14, 2025 President Donald Trump’s tariffs are set to knock trillions of dollars off world GDP, fresh forecasts suggest, as businesses reel from major disruption to global trading patterns. A spate of new tariffs on goods ranging from European cars to Chinese toys will take the US’ effective tariff rate from 2.5 per cent to over 20 [...]