The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
Keir Starmer accused of ‘sidelining’ pledge to secure fastest growth in G7 December 2, 2024 Sir Keir Starmer has been accused of “sidelining” his pledge for the UK to have the fastest growth in the G7 ahead of a set of new targets aimed at making Brits feel richer. The Prime Minister has been criticised for appearing to ditch the “key election pledge” in what a Tory opponent told The [...]
Why the UK should follow Trump’s lead on tariffs November 29, 2024 Reliance on Chinese imports is a significant threat to UK manufacturing, implementing our own US-style tariffs could boost growth and create jobs, says Emma Parkinson The re-election of Donald Trump marks a seismic shift in global trade dynamics, particularly for heavy industries like steel. As Trump’s administration gears up to potentially impose substantial tariffs on [...]
Bank of England rate-setter warns Trump’s tariffs will damage growth November 27, 2024 “Whether you are an economic historian, an economic theorist or a data-driven economist, the impact is clear in terms of its direction," she said.
FTSE 100 falls as cost of Donald Trump’s tariff plans revealed November 26, 2024 In a post on Truth Social platform, the president-elect said he will impose a 25 per cent tariff on all goods from Canada and Mexico, higher than markets had anticipated.
Why Donald Trump’s love affair with tariffs will only end badly November 26, 2024 A lot of ink has been spilled trying to work out what impact this will have on the global economy. To cut a long story short, nobody knows exactly what will happen - but it is not going to be good.
Reynolds and economists warn of trade impact of US tariffs November 19, 2024 The business secretary has warned of a “significant moment for global trade” and predicted a “difficult conversation” with the US lies ahead, as economists predict a £20bn blow to Britain’s economy from Donald Trump’s tariff plans. Jonathan Reynolds warned the UK should avoid “speculating on how we should respond before there is something to respond [...]
UK turning away from EU ‘socialism’ would spur Trump on trade deal – adviser November 16, 2024 Donald Trump would be more willing to clinch a free trade agreement with the UK if it turns away from the EU’s “socialism” and towards a US model, a senior economic advisor to the president-elect has said. Stephen Moore, who is advising Trump as he prepares for office, said the UK “has to choose” between [...]
Donald Trump would ‘certainly’ do trade deal with UK, Boris Johnson says November 9, 2024 The former prime minister said the US president-elect is offering “economic hope” but that the Government would be “too pathetic” to try to secure a deal.
Goldman Sachs cuts UK growth forecast following Trump’s election victory November 6, 2024 The investment bank warned that Trump's proposed tariffs would have a noticeable impact on economic growth in European economies next year.