Reeves calls Trump’s tariffs a ‘disproportional response’ Rachel Reeves described the United States’ approach to tariffs as a “disproportional response to a genuine problem of global trade imbalances”. Conservative MP Nick Timothy asked the Chancellor in the Commons: “The Chancellor talked earlier about the Government’s response to the new USContinue Reading

Chancellor Rachel Reeves has told MPs that Bank of England governor Andrew Bailey has confirmed that financial markets are “functioning effectively” and that the UK’s banking system remains resilient, despite the escalating global uncertainty caused by President Trump’s new tariffs. Speaking in the House of Commons, Reeves took the unusualContinue Reading