Rachel Reeves’ growth policies scored by Morning Wire October 20, 2025 As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed to restore her £9.9bn fiscal headroom. The fiscal black hole facing the Treasury could be between £20bn and £30bn due to higher borrowing costs, productivity [...]
Protectionism is economic cowardice. Britain must not fall into Trump’s trap October 17, 2025 Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.
Starmer’s business adviser is ‘frontrunner’ to be US ambassador October 15, 2025 Keir Starmer’s business adviser is a frontrunner to replace Peter Mandelson as the UK’s ambassador to the US, according to reports. Varun Chandra, a former venture capital executive who has had to curry favour with business leaders and investors in a difficult year for the UK economy, is being considered for the important diplomatic role [...]
US-China tensions heat up as Trump threatens to block cooking oil imports October 15, 2025 Donald Trump has threatened to cut off all imports of cooking oil from China, in another escalation of the war of words over trade between the world’s two largest economies. Trump said in a post on his Truth Social platform that the latest trade tussle with China over soybeans represents “an Economically Hostile Act”. He [...]
Trump’s treasury secretary Scott Bessent lashes out at ‘weak’ China October 14, 2025 Markets have wobbled amid attacks by Scott Bessent on China’s trade policy, after Beijing unveiled sweeping controls on rare earth materials and critical minerals. The US treasury secretary told the Financial Times: “This is a sign of how weak their economy is, and they want to pull everybody else down with them.” He said: “Maybe [...]
Recession fears spike after Trump threatens new China tariffs October 11, 2025 President Donald Trump has said he will slap an additional 100 per cent tax on Chinese imports by 1 November or sooner spiking recession fears after global markets tumbled. Taking to his Truth Social platform, Trump cited the export controls placed on rare earths by China as the reason for the fresh levy. The President [...]
Global uncertainty: Political and digital risks reshape corporate priorities October 1, 2025 A surge in political risk and tensions has resulted in geopolitical volatility entering Aon’s top ten global business concerns for the first time. Aon’s ‘Global Risk Management Survey’, based on nearly 3,000 risk managers, C-suite leaders, and executives, revealed the most pressing risks for business decision-makers. The top ten list of risks facing businesses in [...]
Trump launches fresh tariffs as government shutdown looms September 30, 2025 In a frenetic 24 hours for the President, Donald Trump has launched fresh tariffs on the US’s trading partners as his government looks to be marching towards shutdown. The White House has said it will charge a 10 per cent tariff on foreign softwood lumber and timber, used in a wide variety of building materials, [...]
Donald Trump to Keir Starmer’s rescue – or torment? September 16, 2025 President Donald Trump will look out of Air Force One’s windows to see England’s green and pleasant land before arriving this afternoon. He will surely be giddy with excitement about his meeting with the King and a very royal carriage procession inside Windsor Castle’s grounds tomorrow. He will also be pleased to see his unlikely [...]
Trump may face tariff refund ‘nightmare’ September 4, 2025 Donald Trump could face the “nightmare scenario” of being forced to refund the money collected by his tariffs, a leading City advisory firm has told Morning Wire, after a federal court deemed most of them illegal. The court found last Friday that the US President overstepped his office’s powers when he unilaterally announced April’s so-called [...]