Sir Keir Starmer has said his government stands ready to use industrial policy to "shelter British business from the storm" after Donald Trump's new 10% tariff kicked in.
Jaguar Land Rover (JLR) has said it will "pause" shipments to the US as the British car firm works to "address the new trading terms" of Donald Trump’s tariffs.
Sir Tom Scholar, the former top Treasury civil servant sacked by Liz Truss during her premiership, is being lined up as the next chairman of Santander UK, Britain's fifth-biggest high street bank.
Macquarie, the Australian financial giant, has struck its latest British takeover deal with a swoop on Metcor Group, a provider of drainage and maintenance services to commercial customers.
The last blast furnaces left operating in Britain could see their fate sealed within days, after their Chinese owners took the decision to cut off the crucial supply of ingredients keeping them running.
The accountancy firm MHA is struggling to hit a £125m fundraising target as part of plans that would see its shares listed on the London Stock Exchange.
Russia is the glaring omission from Donald Trump's tariffs list. Along with Cuba, Belarus and North Korea, it has been spared the sweeping measures, with America's foes apparently treated better than many of its friends.
Donald Trump flourished his list of tariffs like a gameshow host in the White House Rose Garden on Wednesday – but there were no winners from the president's made-for-TV show of economic strength.
British companies and business groups have expressed alarm over President Donald Trump's 10% tariff on UK goods entering the US – but cautioned against retaliatory measures.
Donald Trump's trade war escalation has sparked a global sell-off, with US stock markets seeing the biggest declines in a hit to values estimated above $2trn.
The Carphone Warehouse co-founder David Ross is ploughing millions of pounds into Jigsaw, the fashion retailer, in a deal that will result in him becoming its majority shareholder.
