Labour must get Trump relationship right to avoid tariff chaos, Stride warns November 7, 2024 Shadow Chancellor Mel Stride has said that it is essential for the Labour government to develop a good relationship with Donald Trump in a bid to avoid the damaging impact of any potential trade tariffs. The incoming US president has said he may put tariffs of 10 to 20 per cent on countries such as [...]
UK farms could shrink ‘like Russian dolls’ amid tax row, government warned November 7, 2024 The UK’s farms could be set to shrink “like Russian dolls”, the government has been warned, thanks to Labour’s inheritance tax changes announced in the Budget. Shadow business secretary – and former City minister – Andrew Griffith has cautioned that the policy could mean “like Russian dolls, with each generation that passes, you end up [...]
Ministerial freebies rules tightened – but Starmer stops short of banning gifts November 6, 2024 Keir Starmer has tightened up the rules on ministers accepting freebies, according to new guidelines, but stopped short of banning gifts and hospitality. An update to the government’s ministerial code published today included new advice for ministers who accept freebies and hospitality, which took a tougher stance than the previous document. The new code states: [...]
Trump’s back and the world must learn to deal with him November 6, 2024 Having won a decisive victory, Donald Trump is very unlikely to change tack when it comes to complex geopolitical issues. World leaders should show some humility and instead of criticising his views, try to find their own opportunities within them, says Michael Martins One of my strongest memories from my nearly six years working at [...]
Bank of England and Fed to cut interest rates despite fiscal fears November 6, 2024 The Bank held rates at its last meeting in September, but signalled that further cuts were on the way if there continued to be progress on inflation.
US election: Badenoch calls on Starmer to reopen US-UK trade talks November 6, 2024 Conservative leader Kemi Badenoch has urged Keir Starmer to reopen trade talks with the US, after Donald Trump swept to victory over Democrat rival Kamala Harris.
Analysis: What does Trump’s victory mean for the UK? November 6, 2024 Donald Trump’s political resurgence poses important questions for the UK and the wider world. After securing the requisite 270 electoral college votes, Trump is on course to return to the White House as the 47th President of the United States, in January. And from his dealings with global leaders, the UK-US special relationship, to military [...]
Keir Starmer congratulates Trump on ‘historic election victory’ November 6, 2024 Prime Minister Keir Starmer has congratulated Donald Trump on an “historic election victory” as the former president prepares for a return to the White House. In a post on X, Starmer said that “I look forward to working with you in the years ahead”. “As the closest of allies, we stand shoulder to shoulder in [...]
Column: The challenges facing Kemi Badenoch… November 6, 2024 Politicians, the public often decry, lack real-world experience. Whether it be running a business, working in healthcare, serving in the armed forces, anything that demonstrates their ‘feet on the ground’ credentials is a plus. It covers parents too. Just look at Keir Starmer’s oft-touted “toolmaker father”; Rishi Sunak, the “son of a pharmacist; and even [...]
Kemi Badenoch appoints top team with Andrew Griffith to shadow business November 5, 2024 Tory leader Kemi Badenoch has appointed her full top team, with former City minister Andrew Griffith taking on the role of shadow business and trade secretary. The Conservative leader appointed her former rival candidates Mel Stride and Dame Priti Patel as her shadow Chancellor and shadow foreign secretary last night, as well as making Laura [...]