Politics

Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policy

UK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reveal.

In an indication of the strains on the “special relationship”, British civil servants have changed document-handling guidance, adding higher classifications to some trade negotiation documents in order to better shield them from American eyes, sources told the Guardian.

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Special powers granted to prevent the collapse of British Steel’s Scunthorpe works

Emergency legislation allowing the government to instruct companies to keep loss-making steel operations in England open, or face criminal penalties for their executives, were passed yesterday during an extraordinary sitting of parliament.

MPs and peers trooped into Westminster for a rare Saturday sitting after prime minister Keir Starmer and a small team of cabinet ministers decided on Friday morning that special powers were needed for the business secretary Jonathan Reynolds to prevent the imminent collapse of British Steel’s Scunthorpe steelworks, with the furnaces going out, and the loss of thousands of jobs.

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Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the world’s biggest companies and heightened fears of a US recession.

As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2.5tn (£1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe.

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Keir Starmer has been dealt a fresh blow to his living standards pledge in advance of the spring statement

Living standards for all UK families are set to fall by 2030, with those on the lowest incomes declining twice as fast as middle and high earners, according to new data that raises serious questions about Keir Starmer’s pledge to make working people better off.

The grim economic analysis, produced by the respected Joseph Rowntree Foundation (JRF), comes before the chancellor, Rachel Reeves, makes her spring statement on Wednesday in which she will announce new cuts to public spending rather than increase borrowing or raise taxes, so as to keep within the government’s “iron clad” fiscal rules.

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Club co-owner’s request for hundreds of millions of pounds to help regenerate local area labelled ‘outrageous’ by critics

Jim Ratcliffe, the co-owner of Manchester United, has been challenged over the proposed use of hundreds of millions of pounds of public funds to deliver his vision of building the “world’s greatest stadium”.

Ratcliffe, who has an estimated fortune of about £12bn, quit the UK for tax-free Monaco in 2020. He is now urging ministers to help support the club’s vision of the stadium with public funds to regenerate the surrounding area.

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