Donald Trump's intention to impose permanent tariffs of up to 70% on around a dozen countries, alongside a new 17% threat on European food and farm produce, suggests a potential new era of global trade conflict. This aggressive stance...
The EU is playing a strategic tariff gambit, reportedly willing to accept 10% tariffs from the US as part of a "framework" trade deal, thereby avoiding President Donald Trump's far more severe threat of 50% tariffs. Negotiations in Washington...
Santander's £2.65 billion acquisition of TSB represents a significant long-term play in the UK banking market, as outlined by its executive chair, Ana Botín. The strategic commitment aims to bolster Santander's UK franchise and achieve its objectives, though it...
The US dollar's woes continue, with a 10.8% decline against a basket of currencies in the first half of 2025, reaching a historic low. The ongoing trade war initiated by Donald Trump and mounting fiscal uncertainty are leading to...
Lotus has confirmed its Hethel factory in Norfolk is critical for its global competitiveness, reassuring Business Secretary Jonathan Reynolds it has no plans for closure. This commitment comes as the sports car maker prepares to resume production, dispelling fears...
The technology sector has become an unexpected battleground in international trade relations as President Trump severed negotiations with Canada over a digital services tax targeting American companies. The dispute highlights the growing tension between national sovereignty and the global...
The current trade dispute exposes particular vulnerabilities that small economies face when caught between great power competition. These countries lack individual bargaining power while bearing disproportionate costs from broader conflicts beyond their control.
Ireland's emphasis on job protection and Belgium's...
The UK food industry is adapting to a surge in Chinese ingredient imports as overall trade volumes increase. May's 16.1% export growth includes significant food products and ingredients affecting British food production.
Food manufacturers are evaluating the quality, safety, and...
Gold experienced a notable dip on Tuesday, as the market embraced risk following the end of the Israel-Iran conflict. Prices fell over 1% with the ceasefire in effect, significantly reducing geopolitical uncertainty and lessening the demand for gold as...
Oil prices climbed after an initial sharp fall, as the declared Mideast truce between Israel and Iran continued to remain in doubt. Brent crude, the international benchmark, demonstrated the market's immediate reaction to evolving geopolitical developments.
The initial steep decline...