UK suspends import tariffs to ease strain for British businesses

UK slashes some tariffs against US amid Trump's tariff war: 'No country off the hook'

The U.K. responded to Trump's tariffs by slashing tariffs on 89 British products in a bid to ease strain on British businesses hit hard by the levied taxes.

Government cuts price of 89 cupboard staples including pasta, nuts and oil - Birmingham Live

The steps are being made to make the UK an attractive place for business and stimulate economic growth.

Current Tariffs Pose Little-to-No Threat to ScanTech AI’s Core Business, Company Confirms

Atlanta, GA, April 14, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc.(Nasdaq: STAI) (“ScanTech AI” or the “Company”), a pioneer in non-intrusive, fixed-gantry CT screening technologies, today states that it believes, that its core business operations remain unaffected by the…

British Business Bank's Growth Guarantee Scheme provided with additional capacity to support Midlands businesses affected by global tariff changes

Announced by the Chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more smaller businesses across the UK. The extra funding is aimed at smaller businesses that may need support with cashflow issues due to changes in global tariff rates.

British Business Bank's Growth Guarantee Scheme provided with additional capacity to support business affected by global tariff changes

Announced by the Chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more smaller businesses across the UK. The extra funding is aimed at smaller businesses that may need support with cashflow issues due to changes in global tariff rates.

Weekly economic review: British economy returns to growth

The British economy returned to growth with the strongest monthly performance in 11 months. On Friday, data revealed a 0.5% increase for its monthly gross domestic product for February, exceeding expectations of a 0.1% rise. Industrial production increased by 1.5%, bouncing back from a 0.5% decline back in January, driven primarily by a 2.2% rise...