Author: News Desk

The FT looks at investors and says they are “flocking to gold as fears mount on eve of Trump tariff announcement.”

Scotland’s economy throttled by Labour The National Scot says Labour Chancellor Rachel Reeves has throttled Scotland’s economic growth, according to new expert analysis. The tax hikes would mean fewer job opportunities and spending cuts mean Holyrood’s budget is due to be £900 million less in five years’ time. There’s an exclusive story on a pro-Israel MP group refusing to say where it gets its funding, as well as a Scottish protest over rising energy bills as voters say they feel let down by Labour.

Student rapist: 23 more victims Metro reports more than 20 women have come forward after police launched an international appeal for potential victims of one of the UK’s worst serial rapists. Zhenhao Zou, 28, was found guilty last month of drugging, raping and filming 10 women – but detectives said he may have attacked up to 60 more. The front page reports on the Prince Andrew accuser and her claims she’s days away from death.

PM offers US tech firms tax cut in return for lower Trump tariffs The Guardian says big tech and big taxes the UK imposes on those firms seem to be another level that PM Starmer is willing to enter in order to pave a more favourable path in the global trade war.  US state department officials have challenged Britain’s communications regulator over the impact on freedom of expression created by new online safety laws, the Guardian understands.

Trump trade madness Carnage The Daily Mirror says the UK is “braced for new wave of tariffs today.” The paper says the president has trailed the measures for weeks, initially suggesting the tariffs would match whatever levies other countries impose, but as the deadline nears, US media say it could be a blanket 20% tariff on all non-American goods. 

Cliff Notes Heathrow Airport officials were alerted about potential substation failures just days before a significant power outage led to a full-day closure, causing travel chaos for nearly 300,000 passengers. Nigel Wicking, chief executive of the Heathrow Airline Operators’ Committee, expressed concerns about infrastructure resilience after incidents of cable theft affected runway lights. Heathrow’s CEO argued that keeping the airport open during the outage could have resulted in thousands of stranded passengers, stressing the importance of making informed decisions during crises. Heathrow could have reopened hours after fire that caused power outage, MPs told | Money News . Heathrow Airport…

Scots economic turbulence as Trump unleashes tariffs The Scotsman says experts have warned that Scotland’s economy faces a “turbulent and uncertain” future ahead of the impact of tariffs unleashed by the US. The paper says the start of 2025 has seen growing unease as firms prepare for “rising costs and escalating geopolitical tension – most notably the introduction of trade tariffs by US President Donald Trump”, according to the Fraser of Allander Institute.

Almost all the UK front pages are dominated by the announcement of the latest US tariffs. The US media started reporting yesterday that a blanket 20% tariff on all non-American goods is set to be introduced. 

Much of the UK media is speculating on how the tariffs will impact the UK economy and the prime minister’s attempts to secure a last-minute deal. 

Carlo Ancelotti faces trial for allegedly failing to pay €1 million in taxes on image rights during his first tenure at Real Madrid, with prosecutors seeking a prison sentence and a fine.