Keir Starmer worked with Donald Trump to secure a partial opt-out from the US’s tariffs, resulting in a 10% tax on UK imports, half of what the EU faced. The Tories claim this tariff reduction as proof that Brexit was worthwhile, but critics argue that Brexit caused more economic damage than the tariffs. The UK’s vulnerability to Trump has increased post-Brexit, with limited ability to retaliate due to weakened economic strength and lack of EU protection.
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Major UK high street bank could be put up for sale
Banco Sabadell is considering selling TSB Bank, which it acquired for £1.7 billion in 2014, amid a hostile takeover attempt by Spanish rival BBVA. The move comes as TSB, with around 175 UK branches and five million customers, has seen profits nearly double, but the UK banking sector is facing significant changes, including branch closures by other banks like NatWest and Santander. Need More Context? 🔎
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