‘We have your backs’: Reeves reassures families and businesses over Trump tariffs

‘We have your backs’: Reeves reassures families and businesses over Trump tariffs

Rachel Reeves has told anxious families "we have your backs" after Donald Trump's tariffs have sparked fears of a global recession. The chancellor said she has spoken to the governor of the Bank of England Andrew Bailey this morning and he has confirmed that UK markets "are functioning effectively and that our banking system is resilient".Politics Live: Conservatives willing to 'assist' government amid tariff turbulenceHowever, she said the US president's actions "will continue to have huge implications for the world's […]

08/04/2025 1

UK

Could Trump’s tariffs tip the world into recession?

Donald Trump's "Liberation Day" tariffs last week spooked the markets. Stock markets tumbled on Monday, with most US markets down and stocks in Hong Kong falling 13.2%, their worst day since 1997 during the Asian financial crisis.There was slight growth in Asian and UK markets on Tuesday, but recovery is still a way off after a steep decline in reaction to Mr Trump's tariffs on goods imported to the US, which he announced last week.Tariffs latest: Follow live updatesUS economists at […]

08/04/2025 1

UK

Why the King and Queen’s visit to Italy is one of the UK’s most important power plays

They weren't going for understated as the King and Queen arrived in Rome, with two fighter jets accompanying their plane, emblazoned with its Union flag paintwork.At a time of heightened global tensions, one the UK's most important power plays was being deployed to Italy.It is easy to be sniffy about what soft power really means; the UK's ambassador to Italy, Edward Llewelyn, did his best to sum it up by briefing journalists that the King and Queen's visit will "do […]

07/04/2025

UK

MP deported from Israel accuses it of ‘control and censorship’

An MP denied entry and deported from Israel has accused the state of "control and censorship".

07/04/2025 2

UK

Paddington Bear statue to return to town ‘that loves him so dearly’ after being vandalised

A Paddington Bear statue that was partly ripped off its bench and stolen will be returning "back to the town that loves him so dearly".

07/04/2025 1

UK

Global bank chiefs hold talks over Trump tariffs crisis

The chief executives of some of the world's biggest banks have held private talks about the carnage in financial markets and the global economy precipitated by President Donald Trump's tariffs blitz.

07/04/2025 2

UK

Man and woman in court over damage to Trump golf resort

A man and a woman have appeared in court accused of maliciously damaging a Scottish golf course owned by US President Donald Trump.

07/04/2025

UK

Two-phase public inquiry into Southport murders formally launched

A two-phase statutory public inquiry into the Southport murders has been formally launched.

07/04/2025

UK

Seven people in hospital and homes evacuated after late-night fire

Seven people in hospital and homes evacuated after Paisley fire | UK News | Sky News Police Scotland say enquiries are ongoing to establish the cause of the fire.Monday 7 April 2025 13:09, UK Image: Paisley's Barterholm Road Why you can trust Sky NewsSeven people have been taken to hospital following a fire at a home in Renfrewshire.Eight homes were evacuated after emergency crews were called to the blaze in Paisley's Barterholm Road at around 11pm on Sunday.The Scottish Ambulance […]

07/04/2025 1

UK