Risks of a hit to the global economy and further sharp falls in financial markets have grown due to U.S. President Donald Trump's import tariffs and the UK is exposed to the fallout, the Bank of England said.

Donald Trump's "Liberation Day" tariffs, which imposed sweeping levies on global trade, have sparked fears of economic instability and recession worldwide.

Investors have ramped-up bets on Bank of England interest rate cuts as the outbreak of a trade war weighs on economic growth.

Britain's Prudential Regulation Authority (PRA) is proposing changes to help insurers accelerate investment in the country, responding to the government's call to cut red tape in favour of economic growth.

Trump’s tariffs have caused a pronounced stock market downturn as global growth expectations fall. Could trade disruption push the UK into recession?

UK economic growth could be up to 0.5 percentage points lower than expected in the coming years due to US President Donald Trump’s tariff plan, economists have warned. In his “liberation day ...

London shares plunged on Thursday, as investors avoided risky assets after U.S. President Donald Trump's reciprocal tariffs amplified global trade war and recession worries.

Donald Trump's new tariffs have plunged the global economy into uncertainty, with the UK facing potential economic stagnation and retaliatory measures amidst conflicting expert forecasts.

The UK’s most recent GDP figures showed the country’s economy shrank by 0.1% in January. But behind this small decline there was a more concerning trend. Trade in the hospitality industry fell by 2.4% – the biggest economic contraction among the figures – after it had shown promising growth of 0.9% in December.