A worker at the first gigafactory in Sunderland, which is about to get a second. Photograph: Richard Saker/The Guardian View image in fullscreen A worker at the first gigafactory in Sunderland, which is about to get a second. Photograph: Richard Saker/The Guardian Japan-owned car battery maker secures £1bn to build second Sunderland gigafactory Site likely… Continue reading Japan-owned car battery maker secures £1bn to build second Sunderland gigafactory
Author: The Guardian Online News
Two trade deals and a rate cut in one week … are things looking up for UK plc?
Container ships load and unload at Felixstowe Port, Suffolk, England. Photograph: Dan Kitwood/Getty Images View image in fullscreen Container ships load and unload at Felixstowe Port, Suffolk, England. Photograph: Dan Kitwood/Getty Images Analysis Two trade deals and a rate cut in one week … are things looking up for UK plc? Rob Davies Analysts say… Continue reading Two trade deals and a rate cut in one week … are things looking up for UK plc?
US-UK trade deal has saved jobs at Jaguar Land Rover, says Mandelson
Employees check a Range Rover at JLR’s Solihull plant. Trump’s import taxes had threatened to cripple British high-end carmakers. Photograph: Chris Ratcliffe/Bloomberg/Getty Images View image in fullscreen Employees check a Range Rover at JLR’s Solihull plant. Trump’s import taxes had threatened to cripple British high-end carmakers. Photograph: Chris Ratcliffe/Bloomberg/Getty Images US-UK trade deal has saved… Continue reading US-UK trade deal has saved jobs at Jaguar Land Rover, says Mandelson
Aston Martin and Rolls-Royce share prices soar as manufacturers welcome US tariff cuts
UK prime minister Keir Starmer speaks to employees at the JLR car factory in the West Midlands, England, on 8 May, 2025. Photograph: WPA/Getty Images View image in fullscreen UK prime minister Keir Starmer speaks to employees at the JLR car factory in the West Midlands, England, on 8 May, 2025. Photograph: WPA/Getty Images Aston… Continue reading Aston Martin and Rolls-Royce share prices soar as manufacturers welcome US tariff cuts
Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff
Illustration: Nate Kitch/The Guardian View image in fullscreen Illustration: Nate Kitch/The Guardian Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation Gaby Hinsliff There will be relief for carmakers but not much else to celebrate: Trump’s whims still hang over the UK – and the world – economy Hang… Continue reading Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff
New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain
The UK economy is fragile, but the agreement might alleviate some of the uncertainty around it. Photograph: Alberto Pezzali/Reuters View image in fullscreen The UK economy is fragile, but the agreement might alleviate some of the uncertainty around it. Photograph: Alberto Pezzali/Reuters Analysis New UK-US trade deal is a relief for Starmer but doubts, and… Continue reading New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain
Cars, steel and hormone-fed beef: the key points of the UK/US trade deal
Keir Starmer on a phone call with Donald Trump. Photograph: Alberto Pezzali/PA View image in fullscreen Keir Starmer on a phone call with Donald Trump. Photograph: Alberto Pezzali/PA Cars, steel and hormone-fed beef: the key points of the UK/US trade deal After weeks of negotiations, the UK and US have announced a new trade deal.… Continue reading Cars, steel and hormone-fed beef: the key points of the UK/US trade deal
Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
1:06 Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video Speaking at a Jaguar Land Rover plant in the West Midlands, the British prime minister said the deal meant US tariffs on cars from the UK would be cut from 27.5% to 10% for 100,000 vehicles every year.… Continue reading Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
The BMW CEO, Oliver Zipse, said he expected a return to lower tariffs between the US, Canada and Mexico because the ‘costs are far too big for everybody’. Photograph: Héctor Retamal/AFP/Getty Images View image in fullscreen The BMW CEO, Oliver Zipse, said he expected a return to lower tariffs between the US, Canada and Mexico… Continue reading BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened
04.41 EDT UK business activity falls for the first time since October 2023 as trade tensions hurt economy Newsflash: Business activity across the UK has fallen for the first time in 18 months, as trade war fears batter the British economy. The latest poll of purchasing managers at UK service sector companies has found that business… Continue reading UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened