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How Much Do Countries Depend on Trading - USA Less Than Others - Some Comparisons

Trade as a proportion of GDP varies significantly across the US, UK, and Europe.   United States: Trade (exports + imports) accounts for approximately 27% of GDP2.  

PM remarks at Jaguar Land Rover

Prime Minister Keir Starmer gave remarks at Jaguar Land Rover manufacturing site in the West Midlands.   Thank you Rachel and thank you Adrian.  

EU ready to talk to US about tariffs but prepared to defend interests

The EU has said it offered the US a "zero-for-zero" tariff deal on cars and industrial goods weeks before Donald Trump launched his trade war, but that it would "not wait endlessly" to defend itself.   Maros Šefčovič, the EU commissioner for trade, said he had proposed zero tariffs on cars and a range of industrial goods, such as pharmaceutical products, rubber and machinery, during his first meeting with the US commerce secretary, Howard Lutnick, on 19 February.  

Scotland Needs UK Support To Face Economic Uncertainty

First Minister John Swinney has called for a new package of support for industry from the UK Government in the face of global economic uncertainty.   As financial markets react to global events, Mr Swinney has called on the Prime Minister and the Chancellor to change their fiscal rules and commit to a package of investment to support business, workers and consumers.  

EU would rather negotiate US tariffs, but will start collecting duties next week

The European Union said it would start collecting retaliatory duties on some imported US goods next week.  EU trade ministers agreed they preferred negotiations to remove tariffs imposed by President Donald Trump over retaliation.  

Energy Prices May Be Affected By The Current Market Conditions

Energy prices in the UK are likely to be affected by the ongoing market turmoil.  The interconnected nature of global energy markets means that fluctuations in oil and gas prices, as well as geopolitical tensions, can have a direct impact on UK energy costs.  

New hydrogen power projects to boost growth

A new wave of hydrogen powered projects have been shortlisted today to help cut emissions and create thousands of jobs in the UK's industrial heartlands.   27 hydrogen projects advance to next stage of government's flagship hydrogen programme.  

UK and US hit major milestone in development of hypersonic weapons

UK hypersonic research, which could see weapons travelling at several thousand miles per hour, has reached a landmark moment after successful completion of a major testing programme.   UK scientists complete major hypersonic propulsion test, enabled by close collaboration between UK government, industry and US government.  

Hong Kong Stock Market Moves Into Panic Sell-off

the Hong Kong stock market is experiencing record turnover levels today, 7 April 2025.  The total turnover for the main board has reached HK$412.6 billion, reflecting the intense trading activity amid the market turmoil.  

Consumers are boycotting US goods around the world. Should Trump be worried?

As politicians around the world scramble to respond to US "liberation day" tariffs, consumers have also begun flexing their muscles.  "Boycott USA" messages and searches have been trending on social media and search engines, with users sharing advice on brands and products to avoid.