Canada and Mexico tariffs: No10 stresses ‘balanced’ trade relationship with US March 4, 2025 The UK has a “strong, fair, balanced and reciprocal trading relationship” with the United States, No10 has stressed, as US tariffs came into force against Canada and Mexico. President Trump’s tariffs on goods from Canada and Mexico took effect on Tuesday, with global markets put on edge and retaliations planned by the two countries – [...]
A win on the world stage masks mounting trouble at home March 4, 2025 Keir Starmer has won plaudits for his decision to increase defence spending (albeit by less than the amount he’s given Ed Miliband to run a pretend energy company) and voters appear to be firmly behind the PM’s decision to fund this modest splurge by raiding the international development budget. The latest Morning Wire Freshwater Strategy [...]
Navigating the unknown: How Hogan Lovells advises businesses in an unpredictable world March 3, 2025 With the increased geopolitical risks and unpredictability, regulatory and public law specialised lawyers, such as Hogan Lovells, are in the spotlight
Exclusive: Labour overtake Tories as most trusted on defence, poll finds March 3, 2025 Labour has overtaken the Conservatives as the party most trusted to manage the UK’s defence and national security – and Brits overwhelmingly back the plan to fund an increase in defence spending by raiding the international development budget. Prime Minister Sir Keir Starmer’s Labour Party was chosen by 27 per cent of respondents compared to [...]
Small businesses forced to raise prices ahead of national insurance jump March 3, 2025 The price of small businesses’ goods and services is set to be the latest victim of Rachel Reeves’ national insurance hike, a new survey has revealed. More than four-in-ten of the UK’s small and medium-sized businesses (SMEs) have said the government’s increase in National Insurance Contributions (NIC) for employers will negatively impact them. Nearly a [...]
One in five Brits in ‘high financial stress’ as economic woes deepen March 3, 2025 Public confidence in the UK economy has taken another hit, with the latest Morning Wire Freshwater Strategy poll showing little hope for the near future. The polling revealed nearly one in five voters, 18 per cent, could not pay an unexpected £500 bill, categorising them as in “high financial stress”. 35 per cent said their [...]
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of Morning Wire‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]
Workers rights: Don’t let ‘rogue’ firms undercut good employers, MPs urge March 3, 2025 Changes to the government’s workers’ rights package should be made to ensure “rogue firms” don’t undercut Britain’s best employers, MPs have urged. The Employment Rights Bill, which is currently making its way through Parliament, should have loopholes closed to avoid some companies exploiting work insecurity, the House of Commons Business and Trade Committee (BTC) has [...]
Nominations are open for the Morning Wire Awards 2025 February 28, 2025 The Morning Wire Awards are back for 2025 – on Tuesday 6 May at the Guildhall – and nominations are now open for the top leaders, trailblazers, entrepreneurs and innovators in the City. It’s the 16th year of the Morning Wire Awards, first launched by Morning Wire’s Harry Owen and Lawson Muncaster in 2010 to [...]
‘Encouraging’ signs for UK economy as business confidence rebounds February 28, 2025 Business confidence rebounded rapidly in February, according to a new survey, with firms increasingly optimistic about the health of the economy.