Government begins process seeking business views on response to US tariffs. UK Government launches next stage in process asking UK businesses to comment on options to shape UK's potential response to US tariffs.
Caithness, with its unique character as a rural and entrepreneurial region in Scotland, indeed holds several advantages to exploit in the new tariff landscape. The area's inherent strengths—ranging from local resourcefulness to sustainable practices—can pave the way for local businesses to innovate and buffer against external trade shocks.
Scottish whisky producers are no strangers to overcoming trade challenges, and many in the industry view the new U.S. tariffs as another hurdle to be navigated through a mix of innovation, strategic restructuring, and proactive government engagement.
Small rural businesses can adopt a range of strategies to lessen the blow of new U.S. tariffs.
Public‑private partnerships (PPPs) can act as powerful accelerators for adaptive initiatives, especially in complex trade environments such as those affected by tariff changes. By uniting the strengths of both the public and private sectors, PPPs can help facilitate rapid, large‑scale transformation in ways that neither could achieve alone.
Both the UK and Scotland stand to gain significantly by harnessing and enhancing their competitive strengths in today's rapidly changing global economy. By leveraging their established sectors and investing in innovation, they can attract inward investment, boost exports, and ultimately drive higher productivity and job creation.
A first of its kind partnership between the government and private sector could see over £100 million invested into the UK's growing fusion energy industry. Government invests £20 million into "Starmaker One" - a British fusion investment fund which is expected to leverage £100 million into the UK.
Prime Minister's remarks delivered to UK business leaders in 10 Downing Street this morning. Thank you for joining me in Downing Street today.
Five years ago, the UK was in the grip of its first Covid lockdown. As all non-essential stores closed, home deliveries became vital services and delivery drivers were designated key workers.
Consumers can adopt several strategies to mitigate the impact of increased prices due to new tariffs. Here are some effective approaches: Seek Domestic Alternatives and Substitute Products: Since tariffs often hit imported goods hardest, consumers can look for domestic or alternative substitutes that are less affected by the tariff hike.
UK entrepreneurs have a proven track record of turning challenges into opportunities. The nation's trading heritage is deeply intertwined with a dynamic spirit that embraces risk, innovation, and creative problem-solving.
The impact of new international tariffs on shop prices isn't always immediate or uniform. It depends largely on a mix of factors, including the type of product, supply chain arrangements, and broader economic conditions.
There are several dimensions to consider when looking at how U.S. tariffs might drive up drug costs for the NHS in the United Kingdom.
A new report from Aston Business School evaluates the economic fallout of US tariffs across six potential future scenarios, from unilateral US actions to a full-scale global trade war, and outlines strategic responses for the UK. Significant disruptions in trade, widespread price hikes and welfare losses could have a global economic toll of $1.4 trillion, under the worst-case scenario.
Elon Musk is not just suffering from the drop in Tesla electric car sales. An important factor is his profits from sale of carbon credits heavily connected to the sales of the cars.
The United States has recently announced new tariffs on imports from the United Kingdom. A 10% tariff will be applied to all UK goods exported to the US2.
Eight leading Scottish games companies are to showcase their products and expertise to a global audience. They will leave on 5th April for a two week visit to Japan, one of the world's biggest and most influential gaming markets, which will see them meet potential new investors, customers and commercial contacts.
More unpaid carers in Scotland could benefit from financial support as a key change in eligibility rules comes into effect from 6 April 2025. The earnings limit for Carer Support Payment will increase from £151 to £196 a week.
PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY: Today, President Donald J. Trump declared that foreign trade and economic practices have created a national emergency, and his order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers.
UK Export Finance has guaranteed £184 million in financing for one of Taiwan's largest offshore wind projects. The deal secures £55 million in manufacturing and service contracts for British suppliers, supporting local jobs and economic growth.
The Minister for Investment has signed a new partnership with Singaporean bank OCBC, which will help unlock £10 billion of investment into key priority sectors in the UK. Minister for Investment Poppy Gustafsson signs new partnership with OCBC, Singapore's second largest bank, to facilitate £10 billion investment into the UK.
UK fishers demonstrating environmental, social, and economic benefits from quota use to be awarded additional quota. UK fishers demonstrating how they will deliver environmental, social, and economic benefits will be awarded with additional quota this week.
Number of people receiving the highest level of support across UC and other benefits increasing 50% since the start of the pandemic, rising above projections. Figures show 1.8 million people now in Limited Capability for Work Related Activity (LCWRA) category as broken Work Capability Assessment continues to push people out of work.
Encouraging small businesses to thrive and foster collaboration amongst producers and food groups to promote local produce. The Scottish Government is providing £100,000 funding for the sixth round of the Scotland Food & Drink Partnership's Regional Food Fund.
A scheme to help people in priority groups buy a home on the open market has reopened for applications. The Open Market Shared Equity Scheme will be available to people across Scotland who can't afford the full price of a home from groups which include social renters, disabled people, people aged 60 and over, members of the armed forces and veterans.
The heirs and great-grandchildren of Jewish Belgian art collector Samuel Hartveld are set to receive a painting by Henry Gibbs currently in the collection of the Tate. Hartveld and his wife fled Belgium prior to the German occupation during the Second World War, leaving behind their most treasured possessions.
First Minister John Swinney is set to announce £25 million of funding to local authorities to invest in the renewal of play parks across Scotland. All councils will receive a share of the funding to improve the standard of existing play parks - helping to ensure children have access to safe environments to play and socialise in.
A presentation by Valerie Amin of Nucleus: the Nuclear and Nuclear Archives about a Caithness Davidson family.
Come and enjoy a lovely tea with your friends and neighbours and enter the Easter Bonnet competition!.
Barrow is a blueprint for how defence spending can boost communities up and down the country, the Prime Minister will say while on a visit to the town today. Keir Starmer joins Vanguard Class submarine crew returning home from nuclear deterrent patrol to thank them for their silent service Comes as he visits Barrow to lay the keel of the next generation Dreadnought submarine, the next generation of the UK's nuclear deterrent.
Tickets from the bar from 14 March. Show starts at 7:15pm.
More crime victims will get access to a range of information about the perpetrator and have a say on decisions about their prison release under newly unveiled justice reforms. Currently victims can register with the Victim Notification Scheme (VNS) if the offender in their case has been sentenced to 18 months or more in prison, or with the Victim Information Scheme if the sentence was less than 18 months.
Today is World Book Day, an important moment to reflect on the power of storytelling to inspire, educate and connect young people across the world. Reading is a fundamental right - one that opens doors, fuels imaginations and shapes futures.
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FRI 4TH APR 2025 5:15:44 AM BST
