
UK economy under strain as Trump’s tariffs spark fears of global recession say KPMG
KPMG warns UK growth could slump to 0.8% as Donald Trump’s sweeping tariffs risk triggering a global trade war. Business leaders brace for recession, tax hikes…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

KPMG warns UK growth could slump to 0.8% as Donald Trump’s sweeping tariffs risk triggering a global trade war. Business leaders brace for recession, tax hikes…

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German alcohol producers and manufacturers with UK operations could benefit from Britain’s lower tariff rate under President Trump’s new US trade measures, says Blick Rothenberg.

Trump’s new US tariffs may lead to higher prices, lower pensions, falling mortgage rates, and job losses in UK manufacturing. Here’s what UK consumers need to…

President Trump’s sweeping US tariffs risk pushing the UK, EU, and major Asian economies into recession, as global growth forecasts are slashed and inflation projections rise.