Lloyds Bank has released a new publication, Navigating a Volatile World, outlining how UK corporates are adjusting to ongoing macroeconomic uncertainty, shifting trade dynamics, and competing operational priorities.

A £1 billion investment in a new gigafactory in Sunderland in support of the UK’s electric vehicle (EV) supply chain has been confirmed.

The UK’s National Wealth Fund (NWF) has committed £600 million to accelerate electricity transmission upgrades across Scotland, forming part of a £1.35 billion financing package led by Bank of America.… read more →

The United States and the United Kingdom have agreed in principle to a bilateral trade deal that reduces key tariffs and expands market access, marking the first such agreement since… read more →

The UK and India have finalised a landmark trade deal, cutting tariffs on whisky, gin, and cars, and aiming to boost bilateral trade by £25.5bn by 2040.

The UK government has suspended third-country duty – also known as MFN tariffs on 89 products, expressing an ambition that the savings will be passed on to consumers.  Whilst timing of the press release appears to coincide with the imposition of 10% US tariffs applied in addition to existing most favoured nation (MFN) rates on most UK exports to the United States, the suspended tariff announcements are the outcome of a 2024 consultation. 

When UK Prime Minister Keir Starmer visited US President Donald Trump at the White House on Thursday, the pair discussed deepening economic ties between their two countries. This latest round… read more →