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trump tariff

  • FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200

    March 9, 2026

    Good morning and welcome back to the City PM liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]

  • FTSE 100 Live: Airline shares fall after Wizz Air profit warning; Primark new boss

    March 5, 2026

    Good morning and welcome back to the City PM liveblog. Global markets returned to a touch of stability on Wednesday as energy prices retreated as investors awaited the latest on the events in the Middle East. The FTSE 100 ended the day 0.8 per cent higher at 10,567.65p – still far below it’s level at [...]

  • FTSE 100 Live: Stocks inch back up; UK faces energy bills warning

    March 4, 2026

    Good morning and welcome back to the City PM liveblog. Yesterday, Rachel Reeves delivered her Spring Statement. The Chancellor wheeled out new forecasts from the Office for Budget Responsibility that cut growth for 2026 but – albeit modestly – upgraded it for the years to come. But forecasts were quickly labelled out of date by [...]

  • FTSE 100 Live: Gas price surge after LNG halt, stocks slide amid Iran conflict

    March 2, 2026

    Good morning and welcome to the City PM liveblog. Global markets were in store for another dose of risk to kick off the new week after tensions in the Middle East reached a boiling point over the weekend. The cost of a barrel of brent crude – the international benchmark for oil prices – climbed [...]

  • ‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

    February 22, 2026

    It’s been a rocky 12 months for drinks titan Diageo and Sir Dave Lewis will be looking to cure the firm’s long-running hangover when he serves up his future vision next week. Diageo’s stock has tumbled over 15 per cent in the last 12 months with a notable drop in November after operating profit growth [...]

  • UK and Trump in new tariff discussions as businesses sound alarm

    February 22, 2026

    The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to [...]

  • US Supreme Court rules Trump’s ‘Liberation Day’ tariffs were illegal

    February 20, 2026

    The US Supreme Court has handed down a landmark ruling that the sweeping tariffs President Donald Trump imposed on trading partners last year were illegal. Justices were weighing up a case centred around the Emergency Economic Powers Act that allows a President to regulate imports during a national emergency. The White House had argued the [...]

  • Business chiefs shift investment plans amid geopolitical tensions

    February 9, 2026

    Top UK company bosses are being forced to shift or ditch their investment strategies amid rising geopolitical and trade tensions.  The latest EY-Parthenon chief executive outlook survey – which surveyed 100 UK bosses – showed nearly 80 per cent had switched up investment plans due to developments in international trade policy and wider political pressures. [...]

  • ‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade

    January 30, 2026

    A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]

  • Dollar slides as ‘loss of confidence’ in US policy spikes debasement fears

    January 28, 2026

    The US dollar had its worst day since President Donald Trump’s ‘Liberation Day’ tariff onslaught on Tuesday as investors dumped their exposure to the greenback. The DXY index – which tracks the dollar against a basket of other currencies – has slumped over two per cent since the beginning of the year. Amidst the dollar [...]

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