Financial news

• Trump tariff bombshell sends global markets reeling with FTSE 100 set to drop

  18-01-2026 23:52 via express.co.uk
  Donald Trump said he will impose 10% tariffs on eight countries including the UK.
  
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• Thousands of Kent residents still dealing with water supply issues

  18-01-2026 23:51 via theguardian.com
  South East Water treatment works fault, power outage and burst mains leave homes with no water or low pressureThousands of residents across Kent are still dealing with water supply issues after yet more outages from the under-fire operator, South East Water.The water supply of more than 5,500 households was affected on Sunday evening due to a treatment works fault, a power outage and two burst mains. Continue reading...
  
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• Labour-run council offers support to staff made redundant after major chain closes sites

  18-01-2026 23:34 via express.co.uk
  The council said residents looking for a new role can get free help including CV advice and guidance on job opportunities.
  
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• UK construction company enters administration putting 400 jobs at risk

  18-01-2026 23:04 via express.co.uk
  Administrators said the construction industry has faced "challenging trading conditions over recent years", including rising costs and delays to schemes.
  
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• Brits urged to make 1 move to save £203 on broadband as bills jump in April

  18-01-2026 22:05 via express.co.uk
  Some mobile and broadband customers could expect hikes of up to 13%.
  
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• State pensioners handed 3 new Council Tax exemptions to cut bill to £0

  18-01-2026 20:23 via express.co.uk
  A rule change is set to take effect this month.
  
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• If it wasn’t clear before, it is now: Britain needs an escape plan from the Trump world order | Gaby Hinsliff

  18-01-2026 17:59 via theguardian.com
  The US president’s trade war for Greenland tells us that the time for fence-sitting or wishful thinking is overOne way or the other, President Trump said, he will have Greenland. Well, at least now we know it’s the other; not an invasion that would have sent young men home to their mothers across Europe in coffins, but instead another trade war, designed to kill off jobs and break Europe’s will. Just our hopes of an economic recovery, then, getting taken out and shot on a whim
  
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• Nicola Jennings on Greenland, Trump and tariffs – cartoon

  18-01-2026 17:54 via theguardian.com
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• Expand credit unions to boost cheap credit to low-income people, Labour MPs urge Reeves

  18-01-2026 16:42 via theguardian.com
  Influential MPs including committee chairs say millions could benefit with minor changes to financial inclusion bill A group of Labour MPs have called on Rachel Reeves to support a huge expansion of credit unions to increase access to cheap credit for millions of people on low incomes.The move coincides with celebrations on Monday to mark the 10-year anniversary of the UK’s military credit unions, which are supported by Queen Camilla and provide “an ethical and affordable alternative
  
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• ‘America first’? Trump financial products raise questions about potential presidential conflicts of interest

  18-01-2026 14:00 via theguardian.com
  Five exchange-traded funds have been launched by Trump Media, owner of the president’s social media platform Truth SocialThe word “Truth” was plastered all around the New York Stock Exchange on Thursday morning. At 9.30am, when the market opened, a small crowd stood on the balcony above the trading floor to ring in the day.The group was celebrating the launch of five exchange-traded funds, or ETFs, that are tied to Truth Social, Donald Trump’s social media platform that h
  
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• Trump tariff threats are bad, but the uncertainty they instil is much worse

  18-01-2026 12:45 via theguardian.com
  The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logicTrump threatens 25% tariff on European allies Markets brace for turbulence after latest Trump tariff shockDonald Trump’s latest tariff threat, in pursuit of his goal of seizing Greenland, is a political nightmare for European leaders, but it could create a severe economic headache too.As the International Monetary Fund (IMF) has repeatedly pointed out
  
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• Why Rachel Reeves should give bankers more of the cold shoulder at Davos 2026 | Heather Stewart

  18-01-2026 12:01 via theguardian.com
  The chancellor has been cosseting City lenders to fuel economic growth but studies show UK plc would be better served by trying to keep them in checkBack-slapping bankers will be thick on the ground in the Swiss ski resort of Davos this week as Rachel Reeves flies in to mix with the global elite. But she might be wise to treat the finance bros with a certain froideur.That has not been Labour’s approach thus far: Reeves spared the banks from a windfall tax in her 26 November budget, and the
  
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• ‘A gaming success story’: how Warhammer became one of Britain’s biggest companies

  18-01-2026 09:00 via theguardian.com
  Worth £6bn and with revenues recently rising by 10.9%, the niche interest game has become a global businessYou don’t need to spend your weekends organising a face-off between bloodthirsty orcs and elves to have heard of the game Warhammer.So popular is the fantasy game that its parent company Games Workshop is valued at a staggering £6bn and is almost ever-present on British high streets. Continue reading...
  
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• Royal Navy shipbuilder in limbo owing to cash shortage at Liberty Steel plant

  18-01-2026 08:00 via theguardian.com
  Call for UK state to step in after Gupta-owned Dalzell works in Scotland unable to produce metal for three new warshipsA shipbuilder for the Royal Navy faces an uncertain wait for the steel to build three warships because of a shortage of cash at the Scottish steel mill that has won the contract.Liberty Steel Dalzell in Scotland has been unable to start production in earnest because there is “no cashflow to buy slab”, despite an order to supply 34,000 tonnes of metal plates to build
  
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• January blues? Longing for an escape to the sun? Perfect timing for criminals to cash in

  18-01-2026 08:00 via theguardian.com
  This is one of three key months when fraudsters ramp up the number of scams to trap travellers into paying for a ‘bargain holiday’ … that doesn’t existStress-free travel: plan now to avoid holiday scams and pitfallsYou are battling the January blues and see a cheap deal on one of your socials for a two-week break in Spain during August. Better still, the price is £200 cheaper than elsewhere, possibly because the holiday is almost sold out.When you text to confirm t
  
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• Dublin Bay’s oyster graveyard rises from dead in effort to restore rich ecosystem

  18-01-2026 08:00 via theguardian.com
  Pioneering scheme hopes species that thrived for thousands of years in Irish waters can do so againThe dinghy slowed to a stop at a long line of black bobbing baskets and David Lawlor reached out to inspect the first one.Inside lay 60 oysters, all with their shells closed, shielding the life within. “They look great,” beamed Lawlor. So did their neighbours in the next basket and the ones after that, all down the line of 300 baskets, totalling 18,000 oysters. Continue reading...
  
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• Prince Harry v the Daily Mail: high-stakes trial could have profound effects on UK media

  18-01-2026 07:00 via theguardian.com
  Royal will join a group of notable figures in his action against the tabloid and its stablemate, the Mail on Sunday, in a trial expected to last nine weeks On Monday morning, Prince Harry’s legal war with the Daily Mail, one of the British media’s most formidable forces, will finally come to trial in court 76 of the high court in London.The prince is joined in his action by some of the most recognisable figures in British life: the singer and songwriter Elton John and his husban
  
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• Davos 2026: the last-chance saloon to save the old world order?

  18-01-2026 07:00 via theguardian.com
  Donald Trump will lead the largest US delegation ever at the World Economic Forum, as others plan a fightback against his policies including his latest tariff threats“A Spirit of Dialogue”: the theme for this year’s World Economic Forum, the gathering of the global elite in the sparkling Alpine air of Davos, seems a heroic stretch, when star guest Donald Trump has spent the past year smashing up the world order.The president will touch down alongside the snowcapped Swiss mounta
  
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